Posts tagged with
oil prices

Colorado Wood Pellet Manufacturer Files For Bankruptcy

A Colorado-based company that says it is the largest wood pellet manufacturer in the western United States has filed for Chapter 11 bankruptcy. Confluence Energy LLC, which is based in Kremmling in Grand County, said in a Tuesday filing that it owes $14.95 million to between 100 and 199 creditors. The company listed assets of […]

Biomass Market Slows Amid Low Gas And Oil Prices

Analysis of the woody biomass energy sector given the low oil and gas prices suppressing the market. There are some positives though with Japan growing as a market and new programs being proposed in the U.S. While specific biomass opportunities, such as pellets, remain strong, the overall biomass market remains soft, according to Tim Gammell, […]

Maine’s Northeast Pellets Suffers Catastrophic Fire

A fire at Northeast Pellets mill in Ashland destroyed all of the 500 tons of bulk pellets stored in two silos. The Fiddlehead Focus reported it was the second catastrophic fire suffered by the plant since it opened in 2006. Chief Don Bouley of the Ashland Fire Department told the paper the cause is under […]

Pennsylvania’s Kingdom BioFuel Wood Pellet Plant Is Up And Running

While the going has been tough for the folks at Kingdom BioFuel, their new wood pellet mill in Peach Bottom, PA is up and running. It’s been a rough road and drawn out situation, report the managers and owners of Kingdom BioFuel, but the biomass pellet mill is now pressing out wood pellets for customers […]

Maine Biomass Bailout Would Tap $13.4 Million In Public Funds

Lawmakers’ effort to bail out Maine’s six remaining biomass energy plants has shifted from a rescue subsidized by Maine electricity ratepayers to one subsidized by Maine taxpayers. After a series of private negotiations, the Legislature’s Energy and Utilities Committee voted 10-2 late Thursday to allow the Public Utilities Commission to enter a two-year contract with […]

German Pellets Fate Hangs In The Balance In Louisiana

From: Wood Bioenergy Staff A week after an insolvency court in Germany initiated proceedings against the assets of German Pellets GmbH, one of German Pellets’ affiliate wood pellet operations in the U.S., Louisiana Pellets (also German Pellets Louisiana), commenced filings on February 18 for Chapter 11 with the U.S. Bankruptcy Court for the Western District […]

Red Rock Biofuels, FedEx Reach Agreement On Biomass Jet Fuel

Red Rock Biofuels LLC, a pioneer in renewable biofuels, announced today that it will produce approximately three million gallons of low-carbon, renewable jet fuel per year for FedEx Express, a subsidiary of FedEx Corp. The agreement runs through 2024, with first delivery expected in 2017. FedEx joins Southwest Airlines in purchasing Red Rock’s total available […]

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