Tag: wood pellet

Velsky LPK improves the quality of wood pellets

A container tipper has been put into operation at the wood pellet production site of Velsky LPK (Russia). It will help to increase the container loading volume to 21 tons, as well as improve the quality of wood...

Drax to acquire Pinnacle for $582 million

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

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

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...

Germany: Pellet prices stable despite low temperatures

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...

Russian Timber Journal 01-2021: Dmitry Rudenko, Vice President of Segezha Group: demand for wooden houses currently exceeds the productive capacity; the Ministry of Industry and Trade of Russia held the IV LPK 360° Timber Industry Forum themed A New Era of Development as part of the measures for the development of the timber industry; the Government approved the RF Forest Sector Development Strategy until 2030; how soon will Russia become the world’s largest wood pellet supplier?

Russian Timber Journal 01-2021: WhatWood Agency interviewed Dmitry Rudenko, Vice President of Segezha Group, about the expectations for wooden housing construction and the CLT construction technology that is relatively new for Russia; WhatWood Agency summarizes key theses of the plenary...

Wood pellet production in Germany increased by 9.9% in 2020

In 4Q 2020, pellet production in Germany increased by 7.2% YoY to 806,000 tons, according to the German Energy Wood and Pellet Association eV (DEPV). In 2020, wood pellet production in Germany increased by 9.9% YoY to 3.1 million...

Wood pellet production to be started in the Irkutsk region with the support of the IDF

Stroy Mek LLC is going to start the production of wood pellets with an output of 25,000 tons per year in Zhigalovsky district.  The investment project is worth 139.7 million rubles, of which 69.7 million rubles can be...

Germany: Stable pellet prices at the beginning of the year

In January 2021, the price for wood pellets in Germany was at the usual stable level. The return to the regular VAT rate of 7% has resulted in a slight price increase. According to a survey by the...

New wood pellet production started in the Kirov region

Biolesinvest has completed the construction of a wood pellet plant in Nagorsk (Kirov region). The enterprise has been financed by the investments of Kirov entrepreneurs and a loan from the Russian Bank for Support of Small and Medium...

German pellets slightly more expensive in November 2020

In November 2020, German pellets became somewhat more expensive on a national average. As the survey by the German Pellet Institute (DEPI) shows, the price for 1 t is € 229.82 if a quantity of 6 t is...

LPK Almas (Yakutia) received a loan of 200 million rubles

The company received a loan of 200 million rubles from the regional Fund for Financial Position Stabilization and Enterprise Development. It is planned to spend these funds on technical upgrading, which will double harvesting and processing volumes –...