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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....

Southern Pine Research Project Earns National Partnership Award

When people consider the large-scale crops that contribute to modern society, wheat and corn often come to mind. But for many in the southeastern United States, known as the “wood basket” both for the United States and the world, pine is key. That’s why, when the U.S....