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Recent Articles

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North American wood pellet production capacity, which reached 19.8 million tonnes in 2021, is projected to increase 10% in 2022 and 5.4% in 2023; export-oriented projects in US South continue to drive growth: Forisk

UK's energy secretary thinks importing wood pellets from US for Drax to burn for energy 'doesn't make sense', leaked recordings reveal; Kwasi Kwarteng seems out of step with official line, as Drax's Selby power plant receives £839M/year of subsidies

RBC highlights wood products news for the week (Aug. 7): Lumber prices down and OSB stays flat; US Dept. of Commerce releases final determination on duties applied to Canada's softwood lumber exports to US; Drax to acquire pellet plant in British Columbia

Restoration Bioproducts to invest US$5.8M to build Virginia's first biochar production facility in Waverly; co-located with wood pellet manufacturer Wood Fuel Developers, it will use pyrolysis to convert waste wood from mill into biochar and syngas

War disrupts supplies of wood pellets to Western Europe from Belarus, Russia, Ukraine, pushing up prices; US fills void, moving 7.4 million tonnes of pellets abroad so far this year, enjoying 21.4% year-over-year price hike for waste wood exports

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