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 Announces Acquisitions
Enviva is expanding its footprint in the south once again through acquisitions—this time with the purchase of Georgia Biomass in Waycross, Ga., which was commissioned in April 2011, with associated export terminal capacity in Savannah, Ga. for $175 million in cash. The Waycross facility has an annual production capacity of 750,000 MTPY. This announcement comes after Enviva purchased the pellet plant in Greenwood, SC…
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