A company from Kansas plans to develop a recycling facility in Goose Creek that will take byproducts from the wood pulp used in paper mills to make a thick dark liquid with numerous industrial applications.
Meridian Chemicals, a global distributor of "tall oil" and other specialty products, plans to locate at the Charleston International Manufacturing Center off Bushy Park Road. The recycling site will be operated under the name Mainstream Pine Products.
A Meridian spokeswoman declined to give details about the plant but said the Overland Park, Kan.-based company is hiring a public relations firm to make an announcement about the South Carolina expansion.
The S.C. Jobs-Economic Development Authority recently facilitated a $95 million bond offering for Mainstream Pine Products that will help the company acquire land as well as design, build and equip the facility.
Berkeley County Council is expected to discuss tax incentives for the company at its Jan. 25 meeting. It was not clear this week how many local jobs Mainstream Pine plans to create.
Crude tall oil is produced during the wood-pulping process. It can be used in a variety of products, such as cleaners, adhesives, cosmetics and biofuels. "Tall" is a reference to the Swedish term for pine trees.
Other South Carolina companies that produce crude tall oil include North Charleston-based Ingevity Corp. and Domtar of Fort Mill.
A spokeswoman for the S.C. Commerce Department said state law prohibits the agency from releasing details of the company's plans or its bond offering without the company's permission.
A website for Mainstream Pine Products is registered to Meridian Chemical but is not yet active.
The Charleston International Manufacturing Center is along the Cooper River. Its tenants include international companies such as French underwater cable manufacturer Nexans, automotive tire supplier Evonik and defense contractor W International.