Posts tagged with
production capacity

Pinnacle Expands With Acquisition Of Alabama Pellet Plant

B.C.-based pellet producer Pinnacle Renewable Holdings is heading to the southern U.S. with the announced acquisition of an Alabama industrial wood pellet plant. Pinnacle recently announced it has entered into a definitive agreement to acquire a 70 percent interest in an operating industrial wood pellet production facility located in Aliceville, currently owned by The Westervelt […]

Pinnacle Renewable Holdings Signs Pellet Contract With Japanese Company

Pinnacle Renewable Holdings announced on 22 May that it has entered into a long-term, take-or-pay off-take contract with Hanwa, a large, diversified trading company in Japan. Pinnacle will supply 75,000 metric tonnes of industrial wood pellets to Hanwa each year from early 2022. The industrial wood pellets will be used by a biomass power generation […]

New England Wood Pellet Acquired By Lignetics

New England Wood Pellet LLC of Jaffrey has been acquired by a Colorado-based wood pellet home-heating company. Mitch Lehn, human resources director for Lignetics, Inc., said Thursday that his company has purchased all of New England Wood Pellet’s assets, which includes the flagship location in Jaffrey and four manufacturing plants throughout the Northeastern part of […]

Pinnacle To Redevelop B.C. Particleboard Facility To Produce Pellets

Pinnacle Renewable Holdings Inc. says it’s moving forward with plans to redevelop an existing Smithers, B.C., particleboard facility to produce wood pellets. The company is redeveloping the site under the Smithers Pellet Limited Partnership, in which it owns a 70 percent interest and West Fraser Timber Co Ltd. owns the rest. Pinnacle says the facility […]

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 […]

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 […]

Fiber Costs For North American Pellet Plants Trending Downward

The fiber costs for pellet plants in North America have trended downward the past year with the U.S. and Canadian Pellet Feedstock Price Indices reaching their lowest levels in over four years in the 2Q/17. With the feedstock shifting towards lower cost fiber, including industry and forest residues, total wood costs for pellet manufacturers fell […]

Pinnacle Renewable Energy Purchases 50th Pellet Mill From ANDRITZ

From: Wood Bioenergy Editors Pinnacle Renewable Energy recently purchased its 50th pellet mill from ANDRITZ Feed & Biofuel, and Pinnacle officials visited ANDRITZ’s Muncy, Pa. manufacturing facility on June 20 to see the new bio-fuel pellet mill—a Sprout 26LM II—being manufactured. ANDRITZ reports its pellet mills produce more than 50% of all biofuel pellets worldwide. […]

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 […]

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 […]

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