A Brazilian company that gives a key raw material that finally winds up in tires and different merchandise is looking to open a $19.2 million chemical plant in Berkeley County.
Cooper River Companions, the proprietor of the Charleston International Manufacturing Center, utilized this week for an environmental allow that will enable the building of a brand new plant for Diatom U.S. Inc., which is operating from a temporary site in Summerville.
Diatom makes glass-like chunks of sodium silicate, referred to as cullets, out of the sand and soda ash, which might be delivered to the brand new site by rail. The fabric is melted into liquid sodium silicate at a close-by plant that Cooper River Companions operates.
German chemical maker Evonik — additionally situated on the Bushy Park industrial park — takes the liquid kind to provide precipitated silica, which tire makers use to reduce drag and improve gas effectivity.
Evonik recently constructed a $120 million plant on the manufacturing heart to assist the Palmetto State’s tire industry — the nation’s largest, with each day manufacturing of more than 100,000 tires.
Ralph Walker, head of energy and infrastructure for Cooper River Companions proprietor Pacolet-Milliken Enterprises, stated the Diatom funding would permit precipitated silica manufacturing to go from uncooked materials to the completed product throughout the identical industrial park.
The plant would create 34 jobs over the next four years, paying a mean of $28 an hour, in response to paperwork filed by the county. State and native governments have proposed practically $5.5 million in tax and different incentives to lure the corporate to the Bushy Park area.
Among the incentives are property tax breaks worth practically $2.6 million, and sales tax exemptions value nearly $1.2 million. The state has additionally proposed a $150,000 grant to pay for site preparation and construction.
Berkeley County Council is predicted to provide ultimate approval to the property tax incentives at its Aug. 26 meeting.
The environmental permit application states Cooper River Companions plans to fill a couple of half-acre of freshwater wetlands to permit the building of the brand new plant. The developer has proposed shopping for credit in a wetlands mitigation bank to offset the environmental effect.
A report by Analysis Cosmos estimates the U.S. market for sodium silicate will attain practically $12 billion by 2024. Along with the tire business, sodium silicates used as adhesives, binders, detergents, components in cleansing brokers, coatings, and different products.