Domtar Closing Fluff Mill In Alabama
In a statement, Domtar explained, “The Coosa Pines mill has been challenged by difficult market conditions, as well as its aged assets, resulting in high costs of maintaining and operating the facility, underscoring the need for this strategic decision.”
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Enviva Proceeds Into Chapter 11
Enviva Inc., the world’s largest producer of industrial wood pellets, and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia, citing $1.8 billion of debt outstanding.
Drax Group Allies With Molpus Woodlands
Carbon removals and renewable energy company Drax Group has partnered with Mississippi-based Molpus Woodlands Group in an agreement that will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with...
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