Accsys Technologies

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.

Accsys and Eastman Chemical Company formed a joint venture, Accoya USA LLC, to construct and operate an Accoya wood production plant in the USA. Accsys will contribute approximately €1.5 million for initial engineering and design.

Tricoya Technologies, a consortium including Accsys Technologies and BP, is building a £58 million wood chip plant at Saltend Chemicals Park near Hull, UK, scheduled to open in early 2019 and create about 30 jobs.