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Council designates economic revitalization area for Sustania Bioglycols project, paving way for tax abatement
Summary
The council approved a resolution declaring a real-estate economic revitalization area for Sustania Bioglycols' proposed bio‑MEG production facility; company representatives described a $430 million investment, plans to create up to 191 jobs and co‑location with local firm Premiant; council set a public hearing date.
Dennis Carson, economic development director, presented Resolution 2025-17 to designate a parcel as an Economic Revitalization Area for Sustania Bioglycols’ proposed bio‑MEG (monoethylene glycol) production facility. Company and commerce representatives described the project and the anticipated economic impacts.
Patrick Hanlon, representing Sustania Bioglycols, said the company…
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