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Legacy Plant Converting To ‘Carbon Negative AI Factory’

Legacy Plant Converting To ‘Carbon Negative AI Factory’Specializing in developing smaller carbon footprints for AI operations, New York-based NewYork GreenCloud (NYGC) has acquired the closed Buena Vista Biomass Power facility in Ione, Calif., with plans to convert...

John King Chains Celebrates 100th Year

John King Chains Celebrates 100th YearJohn King Chains Group is celebrating its 100th anniversary in 2026. Established in Leeds, England in 1926, the enterprise began by producing plain pedestal bearings for coal mining pit tubs. Expansion came with the rapid...

Weyco Wood Fiber Will Feed Aymium Biocarbon

Weyco Wood Fiber Will Feed Aymium Biocarbon Weyerhaeuser Co. and Aymium entered a memorandum of understanding (MOU) to partner to produce and sell 1.5 million tons of sustainable biocarbon annually for use in metals production. As an initial stage of this partnership,...

Webster Industries Purchases Renold

Webster Industries Purchases RenoldMPE Partners along with its portfolio company, Webster Industries, announced the closing of its acquisition of Renold plc, a leading designer, engineer, manufacturer, and supplier of premium, high specification industrial chain and...

EU Vote Boosts Biomass

The European Parliament voted in mid-September to recognize primary woody biomass as a renewable energy source, keeping its classification under both the first Renewable Energy Directive (RED) and RED II. According to news reports, the vote was a critical move to meet the ambitious EU Parliament goal to increase the use of renewable energy to 45% by 2030, and for achieving the EU’s goal of carbon neutrality by 2050…

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 value-add pallet production facility in Torgau, Germany and a wood processing facility in Dahlen, Germany that produces garden products…

Equipment Companies Reveal Latest Developments

This is the second part of three parts in the coverage of the Wood Bioenergy Conference & Expo held March 29-30, 2022 at the Omni Hotel at CNN Center and hosted by Wood Bioenergy magazine. Part one in the June issue focused on the keynote talks from producer and consultant personnel. Part two highlights several presentations delivered by representatives of equipment and technologies companies. Look for…

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