Sep 15, 2014
Asia-Les to build new wood pellet plant
Pellets News
Sep 9, 2014
Global wood pellet demand could more than double in the next 10 years, growing from around 23 million tonnes in 2014 to 50 million tonnes in 2024. This is according to a new study carried out by RISI, an information provider for the global forest products industry.
'It's a really exciting time to be looking at the wood pellet market. We're seeing strong demand in the European... [Read More]
Pellets News
Sep 2, 2014
RusForest AB, a Swedish forestry company with operations in Russia, has released its second quarter 2014 report.
Within this report the company revealed that, during the three months ended 30 June, it produced 12,830 tonnes of wood pellets at its production plant in Arkhangelsk.
Additionally, revenue from continuing operations during this period reached $17.8 million (€13.5... [Read More]
Pellets News
Aug 26, 2014
Rentech, the owner and operator of wood fibre processing, wood pellet production and nitrogenfertiliser manufacturing businesses, has released selected financial results for the three and six months ended June 30 2014.
In a statement, Rentech CEO and president Hunt Ramsbottom commented: 'Our wood fibre businesses continue to grow. Construction of our Canadian wood pellet... [Read More]
Pellets News
Aug 26, 2014
Kleangas Energy Technologies (KGET), a producer of alternative clean technologies and products that promote energy efficiency, has shipped 200 tonnes of wood pellets to Busan, South Korea as part of its current purchase order.
According to a statement, this shipment is different to previous ones in that it is being packaged for consumer use in 18kg bags instead of commercial... [Read More]
Pellets News
Aug 26, 2014
Highland Pellets, a private development group which builds industrial wood pellet plants in the US Southeast and upper Midwest regions, announced the building of a 500,000 tonne per year wood pellet facility in Pine Bluff, Arkansas.
The $130 million (€98.5 million) plant will create over 35 direct jobs and a further 482 indirect jobs.
Highland Pellets Chairman Tom... [Read More]
Pellets News
Aug 7, 2014
US-based Zilkha Biomass Energy, a biomass solutions provider, is building a $90 million (€67 million) facility in Monticello, Arkansas, to manufacture its Zilkha Black Pellets.
'Power companies across the globe are looking for renewable energy alternatives and biomass wood pellets stand as one of the most practical and cost-effective solutions,' says Jack Holmes,... [Read More]
Pellets News
Jul 29, 2014
RusForest, a Swedish forestry company with operations in Russia, has sold its subsidiary, Ystad Pellets.
Ystad Pellets owns a non-core wood pellet mill that has been idle for several years in Ystad, Sweden.
RusForest expects to receive a total net amount of $600,000 (€446,500 million) in cash from the transaction. It has already received $200,000 of this amount from... [Read More]
Pellets News
Jul 28, 2014
PHI Group, a company focused on energy and natural resources, is to establish wood pellet factories in central and southern Vietnam after signing a memorandum of understanding with two Vietnamese wood processing companies.
The initial proposed combined capacities for the joint venture wood pellet plants are around 400,000 tonnes a year. PHI says it intends to own a minimum... [Read More]
Pellets News
Jul 21, 2014
Waycross-headquartered E-Pellets has acquired the formerly shuttered Louisiana Pacific OSB mill in Athens, Georgia for $13 million (€9.6 million), with plans to convert it into a wood pellet production plant.
It is estimated that the new plant will manufacture around 450,000 tonnes of wood pellets a year. These pellets would be exported to the European Union for use... [Read More]
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