BETHESDA, Md. — A company that makes wood pellets and sells them to power plants overseas says it’s forming a new joint venture with an insurance company to buy a plant in South Carolina and build a port in Mississippi. Enviva Holdings of Bethesda on Tuesday announced the deal with the John Hancock Life Insurance Co. The joint venture will buy a wood pellet plant in Greenwood, S.C., from Navigator Co. SA, a Portuguese paper company. The joint venture will also build a port terminal in Pascagoula and plans to build two more pellet plants. (Source: AP via Sun Herald, 01/02/18)
