Viridis Energy subsidiary commences pellet production
Wood pellet manufacturer and distributor Viridis Energy has started producing wood pellets at its wholly owned subsidiary, Scotia Atlantic Biomass Company.
The plant, which was acquired in February 2012, is based in Middle Musquodoboit, Nova Scotia. At the end of August three of its five pellet presses went into service and the first shipment of 25,000 tonnes of pellets will be made in December. Viridis says it expects all five presses to be running by the end of September.
The Scotia facility's current annual capacity of 120,000 tonnes brings Viridis' total production capacity to 180,000 tonnes. Under a recently signed agreement, Ekman & Co. will market 240,000 tonnes of Scotia Atlantic's pellets over a two year period.
'Our Scotia Atlantic facility is located near excellent shipping ports on the Atlantic Ocean, making it strategic to addressing the growing demand for renewable energy sources in Europe,' says Christopher Robertson, Viridis CEO. 'As demand for wood pellets continues to grow dramatically, we will look for means to aggregate product offering through production expansion, as well as wholesale sources.'