As spring weather sets in, biomass availability across North America was reported strengthening so far this quarter. Wet weather, though, has made its impacts in the South, and a late spring break-up across much of the Northern tier troubled wood buyers and pushed some price incentives for material generated in-woods.
An improving lumber market, however, has sawmills steadily increasing output as the sun shines warmer. Pent-up construction demand is expected to create a plentiful flow of mill residuals for both fuel use and wood pellet production.Read more
STOCKHOLM, June 3, 2014 (Press Release) - "We're getting close to the vision of a fossil-free mill that we've lived with and that has driven our investments for a long time," says Mill Director Olov Winblad von Walter. "Our new recovery boiler, which came on line in spring 2012, is getting better and better as we fine tune it, and our increasing pulp production is also boosting our energy production."Read more
ESPOO, Finland, April 23, 2014 (Globe Newswire) - Metsä Fibre, part of Metsä Group, is planning to build a bio-product mill in the existing mill area in Äänekoski, Finland. When materialized, the approximately EUR 1.1 billion investment would be the largest ever investment in the forest industry in Finland. The new mill with an annual pulp production capacity of 1.3 million tonnes is planned to be operational in 2017.Read more
Markets for wood biomass are emerging from a winter that just wouldn't quit in the northern reaches of North America. Even into April, reports of snow were common. Consequently, heating demand was higher than a year ago, giving energy and pellet producers an extended season.Read more
Forth Energy stopped development of two Scottish biomass power projects and cancelled a third recently, which would have consumed about 3.5 million green tonnes/yr of wood fuel, mostly in the form of industrial-grade pellets (1.75 million tonnes equivalent). The large facilities would have been located at Grangemouth, Rosyth, and Dundee, and cost a combined £1.1 billion (US$1.8 billion).Read more
ESPOO, Finland, April 11, 2014 (Press Release) -
Metsä Group's subsidiary Metsä Fibre Oy has today sold a total of 170,000 series B shares in Pohjolan Voima Oy to Kymppivoima Oy for EUR 75 million. The said shares entitle their holder to buy electric power in the amount of approximately 200,000 MWh annually from Teollisuuden Voima Oy's existing facilities.Read more