Peak Renewables reports it is building a 600,000 tonne per year industrial wood pellet facility in Fort Nelson, British Columbia. Fort Nelson First Nation will reportedly have equity in the plant, which is anticipated to be in operation in 2022.
Recently, Peak Renewables purchased Canfor’s forest tenure in the Fort Nelson region and Canfor’s Fort Nelson mill assets, including an idle sawmill and OSB facilities. The site reportedly has buildings, a log pond and a biomass energy plant. The new mill will export its pellets to Asia.
The Peak Renewables executive team includes founder and chairman, Brian Fehr. He is a co-founder of BID Group, which had tremendous success with the turnkey supply and construction of sawmills in the Southeast U.S.
Utilizing major cogeneration residual, Humboldt Sawmill in Scotia, Calif. has obtained a European Biochar Certificate, the first U.S. based company to do so. Through the production of biochar, a byproduct of its Scotia, California cogeneration plant, Humboldt Sawmill is providing a sustainable product that can be added to soils by farmers and other landowners to aid in…
Interfor is acquiring the WestRock sawmill in Summerville, SC for US$59 million. The Summerville mill produced 125MMBF in 2020. A new permit was received in 2020 that allows for the production of up to 200MMBF and Interfor has identified a number of operational and capital investment initiatives to optimize and…
U.S. housing starts were at a seasonally adjusted rate of 1.580 million for January, a 6% decrease from December and 2.3% below January a year ago, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
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