Pellets News
SBP, an industry-led initiative formed by major European biomass energy utilities, has announced its first certification of a biomass producer.
NSF International, an SBP-approved certification body, has certified the Aliceville, Alabama, facility of US pellet producer Westervelt Renewable Energy.
The SBP certificate issued to Westervelt covers the manufacture of woody biomass pellets,…
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The global wood pellet market for power plants and heating is expected to grow annually by 14.1% and reach a value of €20,073 million by 2023, according to Transparency Market Research.
Wood pellets production has increased substantially in the past few years, owing to the implementation of stringent emission norms in Europe and North America.
High energy density and easy…
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The Sustainable Biomass Partnership (SBP), an industry-led initiative by major biomass energy producers, is asking interested parties to provide feedback on draft regional risk assessments (RRA) for the three Baltic States of Estonia, Latvia, and Lithuania.
RRAs are a key part of SBP’s focus on identifying and mitigating any risks associated with sourcing feedstock for biomass pellet…
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South Korea’s wood pellet imports dropped by 22% to 126,012 tonnes in July from last year, according to freshly released customs today.
Despite the drop from year on year, imports increased by 10% from June.
In total, the country has imported 730,364 during the first seven months of 2015, which is 12% less than in the year-earlier period.
Vietnam retains its place as the largest pellet…
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Astec Industries has entered into an agreement and received a related down payment to build, deliver and install the first production line of a new turnkey wood pellet production facility.
The $30 million (€26 million) agreement with Highland Pellets includes the option to add additional production lines, related equipment and installation services which could bring the total order amount to…
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Okanagan Pellet Company (OPC), a wholly owned subsidiary of Viridis Energy, has commenced a major one to two year plant upgrade that will be conducted in three phases.
The OPC plant upgrades are intended to address new regulatory requirements for safe storage and management of wood pellets and ensure the plant complies with National Fire Protection Association and BC Fire Safety code.
In…
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Wood pellet manufacturer German Pellets is ramping up capacity at its Urania production plant in Louisiana, from 578,000 tonnes to over 1 million tonnes a year.
The commissioning of the first construction phase is complete and work on phase two has now started. The financing for the capacity increase of the plant has been raised in full.
'We are delighted at the fast realisation of the expansion…
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The European Pellet Council (EPC) has published a new version of the ENplus Handbook, to adapt the certification system to the latest market developments.
The ENplus certification, covering the entire supply chain of wood pellets, was launched in 2011 to ensure a sustainable development of the pellet market by harmonising quality on the international level. Since the start of the certification…
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Euronext will launch a new wood pellet commodities futures contract in the autumn of 2015, subject to regulatory approval.
Aimed at producers, wholesalers and retailers, this physically-settled contract targeting the residential heating sector, will allow the industry to hedge its positions.
Wood pellets, manufactured from stem wood and untreated residues from the wood processing industry, are a…
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Viridis Energy says that its wholly owned subsidiary, Viridis Merchants (VMI) – an aggregation and trading business – has secured a European supply agreement for up to 20,000 tonnes of ENplus certified premium wood pellets per year.
VMI intends to distribute to the residential heating market throughout the UK and Europe. The agreement marks VMI's first European supply and is expected…
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A new £100 million (€140 million) biomass terminal planned for the Port of Liverpool will see it handle up to 3 million tonnes of wood pellets a year as part of the decarbonisation of Drax power station.
The wood pellets – to be shipped to Liverpool from North America – are a by-product of the commercial forestry and saw-milling industry and will provide the Selby-based…
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Pinnacle Renewable Energy has announced the first full loading of wood pellets into a Panamax class vessel.
This world first took place at the company's Westview Terminal in Prince Rupert, British Columbia, Canada, on 2 June 2015. It will be the largest load of wood pellets ever shipped anywhere in the history of the industry.
Panamax vessels are purpose-built to utilise the maximum capacity of…
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PHI Group, a US public company engaged in energy and natural resources, has filed a form D with the Securities and Exchange Commission for a $60 million (€55 million) private placement under the auspices of Rule 506(c) of Regulation D for accredited and institutional investors.
The placement has been structured by offering 40 million investment units at the price of $1.50 per unit, each…
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US-headquartered wood pellet manufacturer Enviva Partners has closed its initial public offering of 11,500,000 common units representing limited partner interests at $20 (€18) per common unit.
The number of common units issued at closing included 1,500,000 common units that were issued pursuant to the full exercise of the underwriters' option to purchase additional common units. The common…
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AEK AG, a Swiss wood pellet manufacturer and subsidiary of energy provider AEK Energie, has started building a biomass drying facility at its pellet production site in Balsthal, Switzerland.
The new facility, which will cost a total of 9 million Swiss Francs (€8.5 million), will dry the raw biomass material before it is used to produce wood pellets.
In a statement, AEK said: 'Dry raw…
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