绿色Energy Resources to buy pellet mill
Biomass provider planning purchase of wood pellet manufacturer as part of domestic and international growth strategy.
绿色Energy Resources has announced that it isseeking to purchase the fully operational New Englandwood pellet mill. The company currently provides this mill with wood biomassused in the production of the pellets. Terms of the purchase have not been disclosedand are subject to financing. The mill has capacity to produce upwards of10,000 tons monthly and could generate approximately $24 million dollarsannually in gross revenues.
|
Image of wood pellets for use as fuel. Source: Fuel Alternative.
|
The pellet manufacturer is currently producingbagged pellets for the U.S.retail wood stove markets. The acquisition is seen as a potential enhancementof Green Energy’s ability to meet a growing U.S. commercial demand and a verycompetitive European export market.
访问其他ControlEngineeringcontent related to biomass:
- 绿色Crude program receives $750,000 in funding
- SouthernCompany to build newbiomassplant
- Europeanbiofuel consortium plans forbiomass-to-liquid production plant
– Edited byDavid Greenfield, editorial director
Control Engineering Sustainable Engineering News Desk
Do you have experience and expertise with the topics mentioned in this content? You should consider contributing to our CFE Media editorial team and getting the recognition you and your company deserve. Clickhereto start this process.
