WASHINGTON, DC, Feb. 14, 2018 (Press Release) -The American Wood Council and American Forest & Paper Association called for serious reforms in the New Source Review (NSR) permitting program in testimony before the House Energy and Commerce Environment Subcommittee.Read more
BRUSSELS, Feb. 13, 2018 (Press Release) -The European Commission has approved, under the EU Merger Regulation, the proposed creation of a company jointly controlled by Votorantim of Brazil and the Canada Pension Plan Investment Board of Canada. The newly created joint venture, VTRM Energia Participações, will operate wind farms in Brazil. As part of the proposed concentration, Votorantim and the Canada Pension Plan Investment Board will also jointly acquire Ventos do Araripe III, which operates wind farms in Brazil, and will transfer its assets to the joint venture.Read more
SPOKANE, WA, Feb. 13, 2018 (Local News) -With the goal of keeping its largest customer afloat, the Pend Oreille Public Utility District has settled a 2-year-old lawsuit with Ponderay Newsprint Co.
The rural utility will pay the newsprint plant north of Spokane in the community of Usk $557,000 under the terms of the settlement and give the plant a $50,000 monthly break on its electric bill as long as it continues to operate.Read more
HELSINKI, Feb. 13, 2018 (Press Release) -The launch of Lineo by Stora Enso is another important step on the way to replacing fossil-based materials with renewable solutions. Lineo is available to companies seeking more sustainable, bio-based alternatives.Read more
MONTREAL, Feb. 12, 2018 (Reuters) -At least two Canadian forestry companies are reviewing offers by cryptocurrency miners who want to lease excess mill space in Quebec, a province where electricity prices are among the lowest in North America.
Resolute Forest Products and Fortress Global Enterprises said they have received interest from Canadian and foreign cryptominers, although both cautioned their talks are preliminary.Read more
WAYNESVILLE, NC, Feb. 12, 2018 (Local News) -A major investment to replace coal-fired boilers with natural gas at Evergreen Packaging in Canton is increasing the mill’s property value, which in turn means a higher property tax bill.
But the county will lessen the blow with a tax credit forgiving a portion of the mill’s higher tax bill. The mill would have had to pay an additional $102,000 in property taxes for 2017 as a result of the upgrades it’s making, but a tax break will reduce that amount by half.Read more
ESPOO, Finland, Feb. 12, 2018 (Press Release) -Metsä Tissue, part of Metsä Group, has invested during the past five years approximately 30 MEUR into sustainable heat generation in its Swedish tissue mills. As a result, the Metsä Tissue mills in Mariestad, Pauliström and Nyboholm, are now using fossil free and CO2 neutral steam generation in tissue production.Read more
PORTLAND, ME , Feb. 7, 2018 (Local News) -A top University of Maine official provided insider information aimed at helping one company win the bid for a lucrative energy contract, according to statements made on recorded phone conversations by a consultant working with the winning bidder.Read more
WASHINGTON, DC, Feb. 6, 2018 (Press Release) -American Forest & Paper Association (AF&PA) President and CEO Donna Harman praised the Environmental Protection Agency (EPA) for finalizing its list of renewable, alternative fuels to include railroad ties treated with newer preservatives. She issued the following statement:Read more