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Ace Green Recycling files tax-abatement application; public hearing tentatively set for March 11

2166543 · January 28, 2025
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Summary

Ace Green Recycling Inc. submitted an application to Hardin County seeking a property tax abatement on personal property tied to a planned battery‑recycling facility; the court accepted the application and tentatively set a public hearing for March 11, 2025.

Ace Green Recycling Inc. submitted an application to Hardin County seeking a property tax abatement on personal property investments tied to a planned battery-recycling facility, the company’s chief financial officer told the commissioners court during the Jan. 28 meeting.

The application was accepted into the minutes and the court tentatively scheduled a public hearing for March 11, 2025. The court’s action was to accept the application and set a hearing date; further approvals would follow the public-notice and hearing process.

In remarks to the court, Teddy Abansar, identified himself as “the CFO for Ace Green.” He described a phased project at the former LP facility in Silsbee (referred to in the meeting as the old LP facility now owned by County Line Rail). For phase 1, Abansar said the company expects roughly $25,000,000 in equipment investment and a 30,000‑ton‑per‑year lead recycling plant that would employ about 70 people. “Out of the 70 people that were gonna be running the plant, we would expect 65 to be locals,” he told the court.

Abansar also described longer-term plans to expand capacity and noted prior company operations overseas. He said the company has filed U.S. patents for its process and emphasized that the process is chemical rather than smelting.

Commissioners asked for additional detail that would normally accompany a formal abatement proposal. The court directed staff to proceed with the public‑hearing scheduling steps and requested that Ace Green provide further documentation, including proposed wages and safety information, ahead of any potential abatement agreement. County staff noted a reinvestment zone for the site already exists.

The court recorded the acceptance of the application on the Jan. 28 minutes and agreed to the tentative March 11 hearing date, subject to confirmation of commissioner availability.

The application and discussion prompted commissioners to flag next steps for public engagement and further review of wages, safety planning and the abatement terms that Ace Green seeks, including a 10‑year schedule with a 10% decline per year that Abansar said the company had discussed internally.

The court did not approve any abatement terms at the meeting; it accepted the application and scheduled the public hearing required by the county’s process.