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Pellets News
Aug 27, 2015
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... [Read More]

Pellets News
Aug 25, 2015
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... [Read More]

Pellets News
Aug 10, 2015
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... [Read More]

Pellets News
Aug 10, 2015
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... [Read More]

Pellets News
Aug 7, 2015
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... [Read More]

Pellets News
Jun 30, 2015
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... [Read More]

Pellets News
Jun 23, 2015
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... [Read More]

Pellets News
Jun 23, 2015
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... [Read More]

Pellets News
Jun 8, 2015
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... [Read More]

Pellets News
Jun 1, 2015
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... [Read More]

Pellets News
May 5, 2015
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... [Read More]

Pellets News
Apr 27, 2015
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,... [Read More]

Pellets News
Apr 24, 2015
The US Energy Information Administration (EIA) has reported that, in 2014, almost 75% of all US wood pellet exports were delivered to the UK, mainly for the purpose of generating electricity. Overall, US wood pellet exports increased by nearly 40% between 2013 and 2014, from 3.2 million tonnes to 4.4 million tonnes, as the US continues to be the largest wood pellet exporter... [Read More]

Pellets News
Apr 22, 2015
Drax's biomass pellet storage, handling and loading facilities at the Port of Greater Baton Rouge are now complete and receiving pellets daily. The first biomass pellets to pass through the facility have now been loaded onto the MV TBC Princess. This first vessel, which arrived on 19 April, forms part of the commissioning process, enabling Drax to test its ship loading... [Read More]

Pellets News
Mar 26, 2015
The Sustainable Biomass Partnership (SBP) has announced the appointment of Julia Marton-Lefèvre as the chairman of the new board being established to provide advice to the SBP. Marton-Lefèvre has been prominent in the scientific and environmental community and has recently stepped down as director general of IUCN (International Union for Conservation of Nature)... [Read More]

Pellets News
Mar 26, 2015
Idaho, US-based Centennial Renewable Energy (CRE) has signed agreements to purchase land for its first wood pellet project in the state and is now commencing engineering design with its lead design build contractor Dome Technology. CRE is building a 160,000 tonne per year wood pellet plant in the heart of the Idaho wood basket to produce pellets to the ENplus A2 standard. Following... [Read More]


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