February 27, 2018
Enviva signs 10-year contract to supply wood pellets to Japanese plant
Enviva Partners LP has released the company's Q4/2017 financial results on the 22nd of February and announced it has entered into a firm 10-year take-or-pay offtake contract with Marubeni Corp. to supply 100,000 metric tons per year of wood pellets to a new power plant in Japan, starting in 2022. Net revenue for the quarter reached $161 million, up 27.3 percent when compared to fourth quarter of 2016. Included in net revenue were product sales of $156.1 million on a volume of 805,000 metric tons of wood ...
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