Wood Pellet Plant Could Come To Louisiana Port

A Canadian company is looking to build a wood pellet facility on 90 acres of Port Allen property owned by the Port of Greater Baton Rouge in southern Louisiana. Biomass Secure Power Inc., of Abbotsford, British Columbia, has an option on the property south of the Gulf Intracoastal Waterway and north of Northline Road that […]

A Canadian company is looking to build a wood pellet facility on 90 acres of Port Allen property owned by the Port of Greater Baton Rouge in southern Louisiana.

Biomass Secure Power Inc., of Abbotsford, British Columbia, has an option on the property south of the Gulf Intracoastal Waterway and north of Northline Road that is good through August. A company executive said Wednesday that there is a good chance construction will begin then.

Jim Carroll, Biomass’ president and chief executive officer, said the plant could ultimately be a $400 million investment, if all four phases are built, and would produce 4 million tons of wood pellets per year.

The first phase will have three production lines, the first taking about 14 months to build and the second and third completed within 18 months from groundbreaking. The three lines will produce about 1 million tons of pellets per year.

Carroll would not disclose whether Biomass has any contracts lined up or if the project is financed, but he said he is confident that work can begin by about August.

From The Advocate: http://theadvocate.com/news/business/5429882-123/wood-pellet-plant-could-come

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