Pinnacle, Westervelt, Two Rivers Come Together
Pinnacle Renewable Energy plans to build an industrial wood pellet production facility in the Southeast U.S. at Demopolis, Ala., in close proximity to its Aliceville, Ala. facility. The new mill will be located adjacent an existing large sawmill in Demopolis.
The Demopolis facility is expected to have annual production volume of 360,000 metric tons. The Demopolis facility will operate under a single partnership with Pinnacle, The Westervelt Company (TWC), and Two Rivers Lumber (TRL) holding a 70%, 20% and 10% interest, respectively.
The Demopolis facility is in the final stages of design and construction planning. Long-term fiber supply agreements have been completed with the majority of suppliers, including Westervelt and Two Rivers Lumber, which has built a new sawmill at Demopolis that will supply the new pellet mill.
A proposed 450,000 metric tons per year industrial wood pellet mill to be built in Adel, Ga. is still an active project with nearly all of the pieces—including financing, equipment selection and air quality permit—in place, and construction expected to begin at mid-year 2022, according to Craig Whitlock, founder and…
Forest Service Backs Out Of Awarding Phase 2 Arizona Forests Restoration Contract; Uncertainties Persist For Novo Power
Anxious bidders for the Phase 2 contract that’s part of the federal 4 Forests Restoration Initiative (4FRI) seeking to treat and improve forest health conditions on more than 2.5 million acres across four Arizona national forests were told to wait a while longer after U.S. Forest Service (FS) officials abruptly…
Construction has started on Drax’s second satellite industrial wood pellet plant in Arkansas, this one in Russellville, Pope County, in northwestern Arkansas. Commercial operations are expected to begin at the plant in 2022. The move is part of a $40 million investment by Drax in the state…
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