Posts tagged with
wood pellet demand

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 […]

Pinnacle Renewable Energy To Feed Hungry Japanese Biomass Industry

A lot more wood is about to pass through Prince Rupert — as pellets. On Friday, the company that owns Westview pellet terminal, Pinnacle Renewable Energy Group, announced they have finalized a contract to sell 70,000 metric tons of wood pellets annually to a Japanese conglomerate, Ube Industries Ltd., by the end of 2019. “Japan […]

Japanese Demand A Boon For U.S. South Wood Pellet Manufacturers

Over the last decade, European utilities have learned that displacing coal with sustainable wood pellets is one of the most efficient means of meeting renewable energy and carbon emissions reduction targets, leading to significant demand growth in global wood pellet markets. Now, their counterparts in Asia are learning the same thing. To meet their growing […]

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 […]

Wood Pellet Production Inching Toward Chesapeake Bay Watershed

A growing industry that’s harvesting woody biomass from forests for energy generation could gain a toehold soon in the Chesapeake Bay watershed. Like virtually every other form of energy, it’s also generating intense debate about its environmental impact. Biomass from trees is already used to generate a small amount of power in the United States; […]

Maine Wood Pellet Businesses Ail As Demand Plummets

The combination of low heating oil prices and a mild winter have whipsawed the state’s four wood pellet producers. A year ago, homeowners were having trouble finding bags of pellets for their stoves to combat record-cold weather, so manufacturers ramped up production. This winter, they’re laying off workers and looking at stacks of unsold pellets. […]

Woody Biomass Fuels Sales For MDF Fiber Suppliers

Demand for woody biomass for energy production is on the rise in developed nations, as publicly regulated utilities around the world shift from fossil and nuclear power to greener fuels. Global industrial wood pellet demand is expected to more than double by 2020 to about 29 million metric tons from about 13 million tons in […]

Will Changes In UK Renewable Energy Incentives Affect Wood Pellet Demand?

Hard on the heels of a Eurostat report that listed the United Kingdom as in danger of not meeting its renewable energy targets by 2020, the UK government announced it would stop issuing Climate Change Levy Exemption Certificates (LEC) beginning August 1, 2015. Alasdair Cameron, senior economics campaigner with Friends of the Earth, likened the […]

U.S. Wood Pellets Can Help EU Meet Renewable Energy Goals

Wood pellet supplies from the southeastern United States could assist the European Union (EU) to meet its 2020 policy goals for increased renewable energy and reduced greenhouse gas emissions without decreasing U.S. forest inventories or diminishing their carbon storage capacity. A new analysis by researchers at Duke University’s Nicholas Institute for Environmental Policy Solutions and […]

New England Wood Pellet Acquires Allegheny Pellet Corp.

From: Wood Bioenergy Staff New England Wood Pellet, LLC, a Rentech company, has acquired the assets of Allegheny Pellet Corp., a producer of wood pellets for the domestic heating market with a wood pellet plant in Youngsville, Pa. The acquisition expands New England Wood Pellet’s market position as the largest wood pellet manufacturer for the […]

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