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Biofuel

Drax to acquire Pinnacle for $582 million

March 2, 2021 ` 18:21  
Drax has agreed to acquire Pinnacle Renewable Energy (Pinnacle), through its indirect, wholly-owned subsidiary Drax Canadian Holdings in a deal worth C$741m ($582m). Pinnacle operates 2.5 million tonnes of biomass capacity at sites in Western Canada and the...

A wood pellet production line put into operation at Spassky LPK in the Primorsky region

March 1, 2021 ` 16:59  
The production line with a capacity of 2 tons of wood pellets per hour has become a part of a large investment project for integrated wood processing with a capacity of at least 90,000 m³ per year being...

Pellet prices in Switzerland continue upward trend

February 25, 2021 ` 12:38  
Pellet prices in Switzerland continued their upward trend on average in February 2021. On average, they reach a value of 360.2 CHF / t (+ 0.3%) – after an increase of 0.2% to 359.3 CHF / t in January. Compared...

Sawmill 25 increased the output of export sawn timber in 2020

February 24, 2021 ` 20:03  
Sawmill 25 (part of Titan Group) increased the output of export sawn timber by 6% YoY to 887,000 m³ in 2020. The output of wood pellets amounted to 193,000 tons in the same year.

Germany: Pellet prices stable despite low temperatures

February 19, 2021 ` 18:11  
Even with the double-digit freezing temperatures in parts of Germany in February, wood pellets remain at a stable price. In the northeast region it is highest due to the weather. As the German Pellet Institute (DEPI) reports, a ton of...

Sudoma Sawmill starts production of RUF wood briquettes

February 19, 2021 ` 18:05  
Sudoma Sawmill (Pskov region, Russia) starts production of RUF wood briquettes. The factory’s annual production capacity for this product is ready to reach 6,100 tons. The manufacturing was established within a priority investment project which had required about...

Wood pellets production is growing in Russia in January 2021

February 16, 2021 ` 16:04  
In January 2021, the volume of wood pellets output in Russia grew by 22.4% YoY, reaching 178,000 tons, as reported by Federal State Statistics Service (Rosstat).

USDA: US exports 7.26 million metric tons of wood pellets in 2020

February 15, 2021 ` 12:24  
The U.S. exported nearly 7.26 million metric tons of wood pellets in 2020, up 5% from the 6.92 million metric tons exported in 2019, according to data released by the USDA Foreign Agricultural Service on Feb. 5. A...

Region-Les started the production of wood pellets in Arkhangelsk

February 8, 2021 ` 20:54  
The new workshop of the company will produce wood pellets from low-grade timber. The volume of roundwood processing at the new enterprise will be 200,000 m³ per year, and the export of wood pellets – about 80,000 tons....

Sea Port of Saint Petersburg JSC increased wood pellets transshipment in 2020

January 29, 2021 ` 21:57  
According to CM Biomass, in 2020, Sea Port of Saint Petersburg JSC increased wood pellets transshipment by 65% YoY to 744,000 tons.

UPM plans a new biorefinery

January 29, 2021 ` 18:30  
Forest company UPM is starting the basic design phase of a new biorefinery. The design examines the attractiveness of the business, selects the technology option and assesses the need for investment. In addition, two main location options are...