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FPIC At Louisiana Tech Receives Donation
Martin Sustainable Resources LLC of Alexandria, La. has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by this June…
Weyerhaeuser Completes Carbon Credit Sale
Weyerhaeuser announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. This agreement marks Weyerhaeuser’s first transaction in the voluntary carbon market and represents the sale of all credits issued by American Carbon Registry for the first year of the company’s Kibby Skinner Improved Forest Management (IFM) project in Maine…
Bandit Names Craig Davis CEO/President
Craig Davis is the new CEO and President of Bandit Industries, as announced by former CEO Jerry Morey. Davis joined Bandit in 2018 as sales director and has also been a part of the Bandit management board, overseeing marketing and parts management…
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…
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Stela Celebrates 100th Anniversary
Stela Laxhuber GmbH celebrated its 100th anniversary on June 24 at its operations in Massing, Germany. In the course of a century, the company has developed from a wind well producer to an agricultural machinery dealer to today’s world-renowned specialist for drying systems of all kinds…
B&W Enters Kiewit, Fidelis Biomass Project
Babcock & Wilcox is partnering with Kiewit Industrial to deliver Fidelis New Energy’s planned net-negative carbon impact biomass power plant at the Port of Greater Baton Rouge, La. The 200 MW electricity plant will be the largest of its kind in the world, according to the participants…
Dryer Suppliers Form New Alliance
In a sales cooperation, Büttner Energie- und Trocknungstechnik GmbH and NEW eco-tec Verfahrenstechnik GmbH are pooling their dryer expertise. The Krefeld, Germany-based dryer and energy plant specialist, Büttner, and the belt dryer supplier from Mühldorf am Inn, Bavaria, are cooperating to expand…
FLAMEX Names Thomas As President
FLAMEX Inc. announced Tony Thomas as its new President, succeeding Allen Wagoner after 13 years at that post. Thomas has been with the company for almost 32 years and has been serving as vice president…
Valmet To Supply Automation System To Turun Seudun Energiantuotanto
Valmet will supply a Valmet DNA automation system to Turun Seudun Energiantuotanto’s biomass-fired heating plant in Oriketo, Finland—with delivery to be completed by October 2022. The new system…
Bandit Purchases The Trelan Co.
Bandit Industries has purchased The Trelan Co. from the Schumacher family. Bandit will continue to produce Trelan chippers and related products and market them as Trelan machines produced by Bandit. Bandit will also supply parts and service to Trelan customers…
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