Thomas Meth Joins Javelin Commodities As Head Of Biomass
Thomas Meth, who as recently as November 2023 held the position of CEO at Enviva, the world’s largest producer of industrial wood pellets, has departed Enviva to become Head of Biomass for Javelin Global Commodities, a large worldwide commodities trader.
“I am truly grateful to the Javelin team for the opportunity and look forward to connecting with my network of 20 years of biomass supply and with the incredible team at Javelin to provide solutions for the decarbonization efforts of energy providers,” Meth says.
Meth adds that leaving Enviva was bittersweet after building a business for more than 20 years to become the largest global supplier of wood pellets. “Serving the incredible people at Enviva was an honor of a lifetime and I believe the best is yet to come for the company,” Meth says.
Meth was a co-founder of Enviva and prior to his appointment as CEO he held the position of president.
Enviva filed for bankruptcy in March 2024 and said that agreements it had entered into to purchase nearly 3 million metric tons of wood pellets with deliveries into 2026 to supplement its existing production and sales became overburdening to the company as wood pellet shipment market prices declined significantly, in comparison to what Enviva had paid in the agreements.
Founded in London in 2015, and today with offices worldwide, Javelin states that it provides a “one-stop-shop for marketing, trading, hedging, transporting, financing, advising, and investing in commodities.”
Latest news
Forest Service Looks At Carbon Capture
U.S. Dept. of Agriculture’s Forest Service announced a Notice of Proposed Rulemaking (NPRM) that would allow the agency to consider proposals for potential carbon capture and sequestration projects on national forests and grasslands. This proposal would harmonize the framework between the federal government’s two largest land managers by aligning with regulatory structures already…
Highland Pellets Expanding To Mississippi
In late October Highland Grenada, LLC, an affiliate of Highland Pellets, LLC, announced the pending purchase of the former Georgeia-Pacific OSB mill site to build a new export pellet plant. According to news reports, the new plant will be a “replica” of Highland Pellets’…
Enviva Takes Huge Stock Price Hit
Enviva’s stock price, which has been falling all year from a high of $51 in January, sank to under a $1 a share on Thursday after a new interim CEO delivered a sobering third-quarter earnings call that raised questions about the company’s viability, blaming unfavorable wood pellet pricing, problems at a plant in Virginia, higher interest expenses and other factors…
Rotochopper Celebrates Manufacturing Month
During the month of October, Rotochopper shines a spotlight on the incredible innovations, processes, and stories that make the company a standout in the world of manufacturing. Individuals were invited to explore the latest advancements in manufacturing technology by participating in the Central Minnesota Manufacturers Assn. (CMMA) virtual tour of manufacturing…
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.