Cate Street Capital plans to open the Thermogen Industries LLC plant at the site of its Millinocket paper mill, which the company bought in October 2011, in the fall of 2013. The company's goal: to use about 240,000 to 250,000 tons of wood wastes to produce 110,000 tons of torrefied wood per year at its Katahdin Avenue mill site. The plant's customers - coal-fired power plants in Europe and the United Kingdom - will use the torrefied wood to reduce carbon dioxide emissions.
A type of microwaved wood pellet that burns as hot as coal without coal's pollutants, torrefied wood burns about 30 percent hotter than typical wood pellets.
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