Peak Renewables Plans Alabama Wood Pellet Facility
Canadian-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area.
Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross laminated timber plant in Dothan.
SmartLam recently announced it will add a $50 million glulam plant at its Dothan site. It will be capable of producing 84MMBF annually at full production.
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Enviva, MOL Drybulk Debut New Partnership
Enviva and MOL Drybulk Ltd., a subsidiary of Mitsui O.S.K. Lines Ltd., a leading global marine transport group, announced they have signed an additional memorandum of understanding to deploy an environmentally friendly bulk carrier (“EFBC”) to reduce the greenhouse gas (“GHG”) emissions in the ocean transportation of sustainable wood pellets and biofuels…
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