Posts tagged with
Enviva wood pellets

Enviva Announces Off-Take Contracts With Mitsubishi Corporation

Enviva announced that the conditions precedent to the organization’s previously announced take-or-pay off-take contracts to supply 630,000 metric tons per year (MTPY) of wood pellets to a major Japanese customer have been satisfied and the agreements are now firm. Under the terms of the agreements with Mitsubishi Corporation, Enviva will be the exclusive, long-term imported […]

Enviva Announces New Japanese And European Contracts

Enviva Partners has reported its financial results for the second quarter 2018, and announced two major contracts in Europe and Japan. The company has reported net second quarter revenue of $132.1 million, a 3.6% or $4.6 million increase year on year with the second quarter 2017. Enviva has also announced a new 180,000 metric ton […]

Environmental Activist Fund Takes $20 Million Stake In Enviva

Bloomberg is reporting that ValueAct Capital Management has bought $20 million (€16.7 million) in Enviva shares. Enviva’s market capitalization is around $772 million (€647.6 million). The deal was made through the hedge fund’s socially and environmentally focused ValueAct Spring Fund. The fund has previously invested in the power generator AES and education company Strayer Education. […]

Enviva Completes Acquisition Of South Carolina Wood Pellet Plant

Enviva Holdings, LP, the world’s largest producer of industrial wood pellets, announced recently that it, through its previously announced joint venture, Enviva JV Development Company, LLC, has completed the acquisition of a wood pellet production plant in Greenwood, South Carolina and related assets from The Navigator Company, S.A., a Portuguese paper and pulp company. This […]

Enviva’s Latest Track & Trace Data Confirm Southern Forest Growth

Enviva, the world’s largest producer of industrial wood pellets, recently released its latest Track & Trace sourcing data, marking one year of public reporting and two years of tracking the company’s sustainable sourcing practices. These data are a key tool used to measure, maintain and validate the Enviva’s sustainability practices throughout the Southeastern United States. […]

Enviva To Buy South Carolina Wood Pellet Plant, Build Mississippi Port

A company that makes wood pellets and sells them to power plants overseas says it’s forming a new joint venture with an insurance company to buy a plant in South Carolina and build a port in Mississippi. Enviva Holdings of Bethesda, Maryland, recently announced the deal with the John Hancock Life Insurance Co. The joint […]

Controversy Simmers Over North Carolina Wood Pellet Plant

A biomass fuel plant that processes tree scraps into wood pellets has some North Carolinians concerned about its potential environmental and health impacts. Maryland-based Enviva will soon open its fourth wood pellet plant in the southern part of the state. The new plant will be just outside the small town of Dobbins Heights, where roughly […]

Enviva Opposition Continues As Work Begins On North Carolina Plant

Engineers have completed the early erosion control and site grading measures for the new Enviva plant being built north of Dobbins Heights, according to interim County Manager Bryan Land. In his monthly report to the Richmond County Board of Commissioners last week, Land said he met with representatives from Enviva two weeks ago to discuss […]

Enviva Will Continue Commitment In Florida

Enviva, the world’s largest producer of wood pellets, announced that it is extending its contracts with the Panama City Port Authority, the Bay Line Railroad, LLC and SSA Gulf, Inc. through 2023. This commitment to the port and the Panama City region supports operations at the company’s Cottondale facility, which has a production capacity of […]

Enviva Unveils Wood Supply Tracking System

Enviva Holdings, wood pellet giant, recently publicly released the first data from its groundbreaking Track & Trace (T&T) program. T&T is a proprietary system that enables Enviva to track every truckload of wood the company procures from the forest back to its source, providing a detailed understanding of the characteristics of the wood the company […]

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