Posts tagged with
Drax acquisition

Drax’s Louisiana Biomass Facility Begins Wood Pellet Production

Drax Biomass Inc. (DBI) began start up production this week at its newest facility, LaSalle BioEnergy in Urania, Louisiana. “This is a very exciting moment, we have a dedicated and motivated work force that after months of upgrades, retrofits, and training is ready to produce,” said Pete Madden, President and CEO of Drax Biomass. “We […]

Drax Biomass To Acquire Louisiana Wood Pellet Company

Drax Biomass—the wood pellet manufacturing company that operates two huge white pellet storage domes at the Port of Greater Baton Rouge, as well as two other pellet production facilities in the area—has been selected as the winning bidder for the acquisition of Louisiana Pellets out of bankruptcy. The Urania-based company filed for Chapter 11 in […]

Drax To Buy Two Distressed U.S. Pellet Plants

Drax Group PLC is looking to buy two pellet plants in the US that have filed for bankruptcy. The owner of the UK’s largest power plant said it has submitted initial cash offers for the operating assets of Texas Pellets and Louisiana Pellets as part of auction processes to be held on 1 and 2 […]

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