Companies in the timber industry / Daily News / Global Trends / Wood pellets / Wood Products / Global / North America
July 8, 2019
Pinnacle and Tolko to build a new wood pellet production facility
The facility is expected to have a run-rate production capacity of 170,000 to 200,000 metric tons per annum. Pinnacle Renewable Energy has entered into a limited partnership agreement with Tolko Industries Ltd. to build Northern Pellet Limited Partnership, a new industrial wood pellet production facility in High Level, Alberta, Canada. The facility further diversifies Pinnacle Renewable Energy's fibre supply using high-quality wood fibre sourced primarily from Tolko's existing sawmill in High Level. Annual production volumes from the facility will be sold through Pinnacle's contracted backlog ...
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