Pellets News
Portugal-based wood pellet producer Enerpellets Group has decided to build a 250,000 tonne per year wood pellet production plant in Florida, US, costing an estimated $60 million (€52.5 million).
The decision was made following a period of analysis and evaluation, which was supported by Enerpellets' experience gained operating two existing plants in Portugal.
According to Enerpellets, the US…
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Wood pellet exports from North America rose again in the third quarter of 2014, with an increased number of shipments heading to Asia, according to the North American Wood Fiber Review (NAWFR).
Prior to 2014, more than 95% of wood pellets leaving North America were shipped to Europe. However, this trend changed last year when exports to Europe increased just slightly, while exports to Asia rose…
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In the UK, the Port of Tyne has appointed the main contractor for the £25 million (€33.4 million) extension of Riverside Quay, the port's multifunctional deep-sea facility at South Shields.
The main contract for over 300m of quay work includes a 125m quay extension, an upgrade of 118m of existing quay and 90m of quay wall renewal at the former McNulty site. The £18.6 million…
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PHI Group, a company focused on energy and natural resources, has signed an agreement with Alabama-based AG Materials to jointly set up a 200,000 tonne wood pellet mill in Florida, US.
A statement released by the companies says that the joint venture secured approximately 400,000 tonnes of Southern Yellow Pine feedstock per year from a reliable industrial source for the wood pellet factory. The…
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Construction of a proposed pellet plant at Tolko's Lavington mill will begin later this month, Tolko Industries and Pinnacle Renewable Energy have announced.
The decision follows a significant consultation and review process, and permit approval from the Ministry of Environment (MoE) and the District of Coldstream.
The plant will employ technology which advances the way in which pellets are…
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RusForest, a Swedish forestry company with operations in Russia, has engaged mechanical engineering firm Hekotek to build a wood pellet production facility at the company's Magistralny sawmill in Eastern Siberia.
Under the contract, Hekotek will deliver equipment for the construction of the plant, which will have an annual capacity of 30,000 tonnes. The facility will be located at company's…
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Maine Woods Pellet Company is building a biomass-fired power plant in Athens, Maine and has chosen Turboden to supply what will be the world's largest biomass-based Organic Rankine Cycle (ORC).
Maine Woods Pellet owns and operates a wood pellet production facility. This plant can produce up to 100,000 tonnes per year of wood pellets for the bulk and bagged fuel markets, making it the largest…
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A wood pellet plant, built and started-up by mechanical engineering company Hekotek in November 2014, has reached the designed output capacity of 30,000 tonnes per year.
The plant, owned by Lesresurs and being operated by Rusforest Management Group, is located in the Irkutsk region of Eastern Siberia.
The wood pellets are produced from sawdust and pulp chips generated at Lesresurs' own…
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Vencor International has entered into an agreement to produce torrefied wood pellets, or bio-coal.
The agreement follows the company's recent announcement that testing performed on its torrefied wood pellets exceeded the strict requirements of its international client.
The five-year agreement is with Vega Biofuels, and will see Vencor provide bio-coal to Vega for shipment to Vega's European…
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Portucel S.A, a Portuguese pulp and paper company, will build a wood pellet production plant in South Carolina, US, according to reports.
With an annual production capacity of around 460,000 tonnes and costing in the region of $110 million (€88 million) to build, construction on the facility is due to begin next year. It is slated to be up and running towards the end of 2016.
Portucel has…
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Enviva Holdings and John Hancock Life Insurance Company have partnered to develop industrial wood pellet production plants and marine export terminals in the southeastern US.
Through their affiliates, Enviva Development Holdings, (Enviva) and Hancock Natural Resource Group (HNRG), the companies have committed to invest up to an aggregate of $320 million (€258 million) in equity capital in…
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RusForest, a Swedish forestry company with operations in Russia, has announced the sale of its Arkhangelsk assets in northwest Russia for approximately $31 million (€25 million), including related debt.
In a statement, RusForest says it expects to receive a total of approximately $12 million in net cash from the transaction.
The company has executed a definitive sale and purchase agreement…
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Lauritzen Bulkers, a dry cargo shipping company, has signed its longest contract ever with US-based wood pellet producer Green Circle Bio Energy involving the transportation of 600,000 tonnes of pellets from the US to the UK and Europe over the next eight years.
In 2012, Lauritzen Bulkers signed a similar contract with Green Circle for the transportation of wood pellets from the US to Europe for…
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Helsingin Energia and Vapo have agreed on wood pellet deliveries to the Salmisaari and Hanasaari combined heat and power (CHP) plants.
Under the agreement, Helsingin's Salmisaari coal-fired power plant will begin co-firing wood pellets with a ratio of 5-7% by the end of this year. And at the company's Hanasaari power plant, pellets will be co-fired with the same percentage once the pellet…
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Tanac S.A. is building a 400,000 tonne per year, $60 million (€48 million) wood pellet manufacturing plant at its Rio Grande port site in the south of Brazil.
Construction began in October and is scheduled for completion at the beginning of 2016. The first pellets are due for export in mid-2016. Under a long-term agreement, Tanac will supply its wood pellets to Drax Power.
Tanac says the…
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