Marubeni Starts Up Japanese Power Plant
Officials with Marubeni Corp. recently announced the completion and startup of its new biomass power plant in Tahara City, Aichi Prefecture, Japan, as of late November. The wood-fired Aichi Tahara Biomass Power Plant has a 74 MW generating capacity and is expected to generate approximately 530 million kWh of electricity annually. The facility is jointly owned by Marubeni Corp., Enewill Corp. and Osaka Gas Co.
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…
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