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 this year. The plant, which has been operating since 1995, has the capacity to produce 90,000 tonnes of wood pellets a year, primarily from sawmill residues. Around half of the output from the plant is currently contracted to Drax.
The plant is located close to the Group’s Armstrong and Lavington plants and the port of Vancouver, and has 32 employees, who are expected to join Drax. Following completion of the acquisition the plant is expected to contribute to the Group’s strategy to increase pellet production to 8 million tonnes a year by 2030.
Common causes of fires in wood bioenergy production are heat, sparks, embers, and hot particles. One of the most efficient measures to prevent fire or dust explosion is the early identification of the ignition source so it can be extinguished quickly…
Bruks Siwertell has expanded its product range with the introduction of the Bruks 1006.3 RT industrial mobile wood chipper. The truck-mounted chipper has a flexible design, and offers high-capacity chipping capabilities for a range of applications, like fuel chip production…
The largest investment of the forest industry in Finland—the new Kemi bioproduct mill and paperboard mill expansion—came into operation as planned on Wednesday, September 20, 2023. The operations will start department by department. Pulp deliveries from the new mill to customers will begin in October 2023…
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