Drax Idling Operations In Arkansas
Drax has made the decision to cease operations and idle pellet plant facilities in Leola and Russellville, Ark. The plants will cease operations and idle beginning November 1, 2025; operations at other U.S. sites will remain unaffected.
“Our top priority is to operate responsibly and efficiently, and this includes making hard decisions when the data clearly shows that continuing certain operations is no longer viable,” says Matt White, Drax Executive Vice President of Pellet Operations. “While we are ceasing operations and idling our Arkansas plants, we will keep purchasing wood fiber from Arkansas landowners and businesses, keeping Drax involved in the Arkansas economy and maintaining our role in the local forest industry.”
Drax leadership is implementing a comprehensive support plan for the 16 employees affected—including a severance package based on length of service and position, as well as opportunities for reemployment within the company, where possible. Drax is also partnering with local agencies and employers to connect workers with new employment opportunities.
Latest news
Late 2022 Purchases Put Enviva In A Bind
“Our future profitability and liquidity are expected to be negatively impacted by the following matters which have resulted in substantial doubt about the company’s ability to continue as a growing concern,” states Enviva in its 10-Q filing with the Securities and Exchange Commission upon releasing its third quarter earnings report, which noted that Enviva incurred net losses of $258 million for the nine…
Morbark Unveils BVR, TW Series Brush Chippers
Morbark has unveiled the all NEW “BVR” line of hand-fed brush chippers at this year’s TCI Expo, in St. Louis, Mo. Alongside the BVR lineup, visitors found 6- and 8-in. brush chippers from Timberwolf. Timberwolf, an Alamo Group company, is headquartered in Suffolk, UK, and will be marketed in the U.S. as the Morbark TW series, beginning the first quarter of 2024…
Machine Innovator Neil Peterson Dies
A memorial service was held October 29 in Pleasant Hill, Ore. for forest machinery pioneer and innovator Neil Peterson, the driving force behind Peterson Pacific Corp. that revolutionized in-woods and mobile delimbing, debarking and chipping. Peterson was not just a pioneer in his field but also a generous philanthropist, a guiding force for his team, and a beacon of opportunities for his employees…
Sustainable Forests Report Has Mixed Results
Released in September, the “National Report on Sustainable Forests, 2020” from the U.S. Dept. of Agriculture (USDA) and Forest Service (FS) shows both good and challenging trends as the nation’s forestland owners seek sustainable ownership and management options. The fourth such effort since 1997, the report is 60 pages…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.