Bioplastics company NANTRenewables, a subsidiary of NantWorks, will invest up to $29 million to build a manufacturing facility at SeaPoint Industrial Terminal Complex in Savannah.
NANTRenewables will manufacture unique biogenic renewable mineral plastic enhancers designed to improve performance, reduce cost, and minimize the overall carbon footprint of finished products. NANTRenewables uses a renewable and self-generating biogenic mineral to produce biodegradable, daily-use products like plates, straws, cutlery, trays, and cups. Additionally, NANTRenewables provides sustainable, value-added products to several other companies within the food, agriculture, and pharmaceutical industries.
“We selected SeaPoint for our new biogenic fillers and bioplastics manufacturing facility because of our shared values focused on sustainability as well as the site’s development-ready network of infrastructure, including roads, rail access, sea access, and nearby utility connections at this impressive industrial complex,” said Harold Meherg, a NANTRenewables senior executive. “We look forward to building our newest plant in Savannah.”
The new NANTRenewables manufacturing facility will be built on an 8.5-acre rail-served parcel at SeaPoint Industrial Terminal Complex in Savannah. This multi-use industrial park is located in a Federal Opportunity Zone and also provides rail and direct deepwater access on the main shipping channel in Savannah.