Accsys and Eastman to build $136M Accoya plant in Tennessee

Accsys Technologies and Eastman Chemical Company have started construction of a new Accoya wood production facility in Kingsport, Tennessee. The joint venture, Accoya USA, has secured $80 million in bank financing, with a total project cost of $136 million. Initial capacity is ~43,000 m³ per year, with first production expected in 2024.

“Work will begin shortly to start ground works and construction of a new Accoya® wood production facility in Kingsport, Tennessee, USA.”businesswire.com

• 2 sources
• businesswire.comGreen Light for Accsys’ New Accoya® Production Plant in USAGeorge NeelMar 4, 2022
• accoya.comAccoya USA Production Plant | Accoya Acetylated WoodApr 5, 2022

Summarized from public sources; check the original articles before acting on it.