New Life For Texas Pellets
Estonia-based Graanul Invest affiliate Woodville Pellets, LLC submitted the winning bid in an auction conducted on May 9 for the assets of Texas Pellets, Inc. and German Pellets Texas, LLC (Texas Pellets). The assets include Texas Pellets’ Woodville, Tex. pellet manufacturing plant and its Port Arthur, Tex. port terminal. The transaction was approved by the U.S. Bankruptcy Court for the Eastern District of Texas after a hearing held on May 15. The estimated manufacturing capacity of the wood biomass pellet plant in Woodville is 450,000 metric tons of pellets per year. The Port Arthur terminal has a total storage capacity of 68,000 metric tons, and is capable of loading vessels up to approximately 60,000 metric tons.
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Georgia’s Forests’ Leftovers Becoming A Major Source Of Renewable Energy
After a timber company makes its plywood or paper, there’s leftover sawdust and wood shavings. These leftovers are called woody biomass and in Georgia, they’re becoming a big source of renewable energy. A Pew study ranked Georgia third in the country for converting...
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