North Carolina State Ports Authority approves lease, operating agreements with Enviva for wood pellet handling facility at Port of Wilmington; agreements now head to state council, with facility expected to be operational by Jan. 15, 2015
May 30, 2013
(Industry Intelligence Inc.)
– The North Carolina State Ports Authority has approved lease and operating agreements with Enviva LP for a wood pellet handling facility at the Port of Wilmington, Star News reported on May 29.
The North Carolina State Ports Authority’s Board of Directors voted unanimously on May 29 to approve the agreements with one stipulation that involved the amount of product shrinkage. Chairman Danny McComas said the amount of product can change between its arrival at the facility and shipboard loading because of factors such as atmospheric conditions and humidity.
The agreements, which involve leasing state land, must now be approved by North Carolina’s Council of State.
Maryland-based Enviva’s proposed wood pellet handling facility at the port includes two concrete storage domes, a ship loader/dock conveyer system, and rail and truck unloading stations, the Star News noted.
Authority Acting Executive director Jeff Miles said the facility is expected to be operational by Jan. 15, 2015.
The North Carolina State Ports Authority’s Board of Directors will hold off voting on a similar proposal from North Carolina-based firm International Wood Fuels LLC invovling the Morehead City port until after further discussions between Secretary of Transportation Tony Tata and Gov. Pat McCrory.
Combined, both wood pellet handling facilities could cost between US$100-120 million, according to North Carolina, according to the Star News.
The primary source of this article is Star News, Wilmington, North Carolina, on May 29, 2013.