Posts tagged with
Drax

Retirement System To Make $26M Loan To Arkansas Wood Pellet Company

The Arkansas Teacher Retirement System will make a short-term loan of up to $26 million to Highland LLC, which operates a wood pellet manufacturing plant in the Pine Bluff industrial park near White Hall, the system’s board of trustees has decided. In July 2016, the system’s trustees authorized an investment of up to $25 million […]

First Wave Of Sponsors Announced For 2018 Wood Bio Conference & Expo

Organizers of the Wood Bioenergy Conference & Expo announced the first wave of exhibitor sponsors for the event to be held April 11-12, 2018 at the Omni Hotel at CNN Center in Atlanta, Georgia, USA. Hosted by Wood Bioenergy magazine every other year, this will be the fifth Wood Bioenergy Conference & Expo. It will […]

North American Wood Pellet Producers Eye Asia’s Energy Market

Asian countries are showing a strong interest in consuming more wood pellets in order to replace coal in their power grids and to shift away from nuclear power, according to an industry expert speaking at the Argus Biomass 2017 conference. Giving a presentation entitled ‘A statistical review of the consumption of biomass for heat and […]

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 […]

Wood Industry, NGOs In Historic Alliance Over Biomass Concerns

In a historic link-up, wood-using industries and environmental NGOs on both sides of the Atlantic Ocean have jointly written to UK Secretary of State for Business, Energy and Industrial Strategy Greg Clark asking him to remove subsidies that currently pay coal-fired power plants to convert to burning biomass, and to commit to a comprehensive review […]

2017 Wood Pellet Outlook: Out Of The Woods?

The global wood pellet market has endured a challenging 2016. Acute oversupply in both industrial and heating sectors, combined with relatively warm temperatures and overrunning maintenance issues at Drax have pressured operating rates and led to a record drop in prices. While certain players have taken steps to rebalance the market, fundamentals remain weak moving […]

U.S. Wood Pellet Professionals To Reveal Insight At PFI Annual Conference

The Pellet Fuels Institute invites all stakeholders in the U.S. pellet fuels industry to attend its 2016 Annual Conference, held July 24-26 at the Omni Grove Park Inn in Asheville, North Carolina. In addition to a comprehensive overview of the U.S. pellet fuels industry, the conference features a golf tournament on a Donald Ross-designed course, […]

International Forestry Group Tours Drax Biomass In Louisiana

Drax Biomass played host to a diverse group of international scientists and forestry experts at Morehouse BioEnergy on Monday, following an international conference in Little Rock. Jim Guldin, a supervisory research ecologist with the U.S. Forest Service and program chair for the International Union of Forest Research Organizations workshop, said the tour was comprised of […]

Biomass: A Burning Issue For European And U.S. Forests

European Union subsidies for the burning of woody biomass to create fuel and electricity are pushing forests in Europe and the U.S. to their breaking points, according to the NGO Fern. In a recent report authored by the renowned science writer Fred Pearce, the group claims that the environmental impacts of the practice are being […]

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