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Drax Announces $40M Investment In Arkansas

Drax Group will begin constructing the first of three new “satellite” pellet plants in Arkansas, the company has announced. The three plants are together expected to produce around 120,000 metric tons of sustainable biomass pellets a year from sawmill residues,...

U.S. Endowment: Markets Are Key To Retaining Southern Forests

It is possible to “have your cake and eat it too,” at least when it comes to retaining healthy, well-managed forests. So says a groundbreaking study by Charlotte-based Forest2Market in its just released review of forestland across the southern U.S. from 1953-2015 –...

Drax Biomass Acquires Louisiana Pellets For $35.4 Million

Wood pellet producer Drax Biomass has acquired Louisiana Pellets with a winning auction bid of $35.4 million. The auction for the bankrupt Louisiana pellet manufacturer culminated on March 30. Louisiana Pellets had filed for Chapter 11 bankruptcy with the U.S....

Wood Pellet Operations Underway At Louisiana Port

For more than a year, many westbound drivers crossing the Mississippi River on the Interstate 10 bridge connecting Baton Rouge and Port Allen may have wondered why two giant, white domes were under construction on the west bank. Last month, large trucks began filling...