Rentech asking $8.5M for 478 acres

Published April 23, 2013 8:01pm ET



NATCHEZ, Miss. (AP) — Adams County officials are continuing talks on buying the former International Paper site from Rentech.

The Natchez Democrat reports (http://bit.ly/13rF3yj) that supervisors met Monday and board attorney Scott Slover says no decision has been made.

The IP mill was once home to the area’s biggest employer but was shuttered in 2003.

Rentech purchased the property in 2008 with plans to build a coal-to-liquids fuel plant on the site. Rentech announced late last year that it had scrapped its plans and put the site up for sale in mid-March.

The site’s listed price is $8.5 million.

The site includes what remains of the IP pulp mill and includes rail access and valuable Mississippi River access. Most valuable to the county is the site’s massive wastewater treatment plant.

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Information from: The Natchez Democrat, http://www.natchezdemocrat.com/