Mercer Purchases Germany’s HIT

Mercer Purchases Germany’s HIT Mercer International Inc. has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT (Holz Industrie Torgau) for €270 million. HIT owns, among other things, 100% of a timber processing and...
Equipment Companies Reveal Latest Developments

Equipment Companies Reveal Latest Developments

Equipment Companies Reveal Latest Developments Wood Bioenergy editors Rich Donnell, Jessica Johnson, Dan Shell and David Abbott contributed to this story EDITOR’S NOTE: This is the second part of three parts in the coverage of the Wood Bioenergy Conference &...

Drax Acquires BC’s Princeton Standard Pellet

Drax Acquires BC’s Princeton Standard Pellet Drax Group has signed an agreement with Princeton Standard Pellet Corporation (PSPC) to acquire its pellet plant in Princeton, British Columbia, Canada. The acquisition is expected to be complete in the third quarter of...

Enviva Establishes Heirs Property Fund

Enviva Establishes Heirs Property Fund Enviva Inc., the world’s largest producer of industrial wood pellets, has announced the establishment of the Enviva Heirs Property Fund (EHPF), an initiative dedicated to ending involuntary land loss across the U.S. Southeast....

MDF Or Bioenergy For Roseburg?

MDF Or Bioenergy For Roseburg? Roseburg reports it is exploring the feasibility of locating a second MDF panel plant or bioenergy production facility within its current Western, U.S. operating footprint. The proposed facility would use up to 300,000 bone-dry tons of...

New Sawmill Coming To Louisiana

New Sawmill Coming To Louisiana Teal Jones Group marked the beginning of construction of an $110 million SYP sawmill near Plain Dealing, La. on July 11 with a groundbreaking ceremony. Canada-based Teal Jones Group had disclosed in December it was considering northwest...