Posts tagged with
take-or-pay

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 […]

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 […]

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 […]

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 […]

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