UK’s Drax plans to double pellet production to 8 mil. tons
Drax Group plc on Dec. 1 announced plans to double its biomass pellet production to 8 million metric tons per [...]
December 2, 2021
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US investment fund completes acquisition of majority stake in Europe’s largest wood pellet company
Apollo Global Management Inc. has closed acquisition of 80% stake in AS Graanul Invest. The transaction was approved by the [...]
November 15, 2021
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Current trends in the global wood pellet market
In 2020, wood pellet production in Europe was up 4% y-o-y and was 34% higher than in 2016 [...]
November 10, 2021
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Germany: Pellet production at record levels; exports fall sharply
At 861,000 tonnes (t), in the third quarter of 2021 Germany again produced a quantity of wood pellets that [...]
October 25, 2021
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Trends in the global forest industry in Q3/2021
Softwood sawlog prices have gone up in worldwide in the past year. By far, the most significant increases have occurred [...]
September 22, 2021
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Drax starts construction on second satellite wood pellet plant
Drax Group has started construction on the second of three satellite wood pellet plants in Arkansas. [...]
September 20, 2021
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Shipping bottlenecks set to prolong supply chain turmoil
Tenfold jump in costs since start of pandemic squeezes importers and exporters The closure of a [...]
September 9, 2021
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US Investment fund to acquire majority stake in Europe’s largest wood pellet producer
Apollo Global Management, Inc. announced that funds managed by its affiliates have agreed to acquire a majority stake in AS [...]
August 23, 2021
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Container freight rates expected to hit new highs
Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse. Various surcharges [...]
July 27, 2021
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EU Commission presents its Fit for 55 climate package, European forest industry reacts
The European Commission presented the Fit for 55 plan on Wednesday, July 14. 13 legislative proposals are intended to help [...]
July 15, 2021
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