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
Enviva Announces First Quarter Setback
Enviva, the world’s largest producer of industrial wood pellets, released its quarterly report in early May, and it rippled through the wood-to-energy ranks. “The plans and initiatives underway to improve productivity and costs across Enviva’s current asset platform continue to fall behind expectations,” commented John Keppler, Executive Chairman of the board…
Dieffenbacher Names New Energy Unit Director
Wolfgang Lashofer has been appointed as the new Managing Director of Dieffenbacher Energy GmbH, which was formed at the beginning of the year following the acquisition of BERTSCHenergy, based in Bludenz, Western Austria. As Managing Director of Dieffenbacher Energy, Lashofer takes over the management of the newly established Energy Business Unit…
TP&EE Sets 2024 Show Dates
Hatton-Brown Expositions LLC announces that the next Timber Processing and Energy Expo (TP&EE) will be held September 25-27, 2024 at the Portland Exposition Center in Portland, Ore. The 2024 show will be the sixth biennial TP&EE to be produced since 2012 by Hatton-Brown Expositions, LLC, an affiliate of…
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.