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
EU Vote Boosts Biomass
The European Parliament voted in mid-September to recognize primary woody biomass as a renewable energy source, keeping its classification under both the first Renewable Energy Directive (RED) and RED II. According to news reports, the vote was a critical move to meet the ambitious EU Parliament goal to increase the use of renewable energy to 45% by 2030, and for achieving the EU’s goal of carbon neutrality by 2050…
Komatsu Successfully Converts Biomass Combustion Ash Into Fertilizer In Japan
Komatsu Ltd. jointly with Ishikawa Agriculture and Forestry Research Center and ASAHI AGRIA CO., LTD., a manufacturer of fertilizers, has successfully converted wood ash from the biomass boilers in operation at Komatsu’s Awazu plant in the Kaga area of Ishikawa Prefecture.
Mercer Purchases Germany’s HIT
Mercer International Inc. has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT (Holz Industrie Torgau) for €270 million. HIT owns, among other things, 100% of a timber processing and value-add pallet production facility in Torgau, Germany and a wood processing facility in Dahlen, Germany that produces garden products…
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.