New wood pellet facility due in Louisiana
German Pellets is set to start constructing a $300 million (€229.9 million) plant in Central Louisiana, US this April.
The proposed 1 million tonne capacity a year plant will be located in the town of Urania and is expected to employ 80 people once completed. This is the second renewable project to hit Central Louisiana after Sundrop Fuels announced a new plant of its own recently.
‘Pellet consumption worldwide is on the rise, especially in Europe, and this means that the construction of large production capacities is necessary,” says German Pellets CEO Peter Leibold.
The plant is expected to be operational in 12 months time.