Pinnacle, Westervelt, Two Rivers Come Together
Pinnacle Renewable Energy plans to build an industrial wood pellet production facility in the Southeast U.S. at Demopolis, Ala., in close proximity to its Aliceville, Ala. facility. The new mill will be located adjacent an existing large sawmill in Demopolis.
The Demopolis facility is expected to have annual production volume of 360,000 metric tons. The Demopolis facility will operate under a single partnership with Pinnacle, The Westervelt Company (TWC), and Two Rivers Lumber (TRL) holding a 70%, 20% and 10% interest, respectively.
The Demopolis facility is in the final stages of design and construction planning. Long-term fiber supply agreements have been completed with the majority of suppliers, including Westervelt and Two Rivers Lumber, which has built a new sawmill at Demopolis that will supply the new pellet mill.
RELATED ARTICLES:
Pinnacle Renewable Energy To Be Acquired By Drax Group
Latest news
USA Bioenergy, LP Sign Feedstock Letter Of Intent
USA Bioenergy, LP Sign Feedstock Letter Of IntentUSA BioEnergy (USABE) has signed a letter of intent with LP Building Solutions (LP) outlining plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at USAB’s planned Texas...
Michigan Company Opens AI Powered Biomass Facility In Grand Rapids
Michigan Company Opens AI Powered Biomass Facility In Grand RapidsWoodchuck, an AI-powered climate tech company focused on transforming wood waste into renewable energy, officially opened its flagship biomass processing facility in Grand Rapids, Mich. in early May....
Andritz Acquires LDX Solutions
Andritz Acquires LDX Solutions Andritz has acquired LDX Solutions, a provider of emission reduction technologies and related services in the North American industrial market, with annual revenues of about $100 million. This acquisition further strengthens Andritz’s...
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.