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The upgrades would also help the company overcome closures in the lumber industry and volatile market conditions by using wood waste residuals.
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In addition to adding value to biomass produced by agriculture, industries, businesses and institutions, Nature Energy’s project represents an investment of approximately $100 million that will create more than 200 jobs during the plant’s construction phase and 15 permanent jobs once it is in operation.
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The biorefinery will replace the mill’s beehive burner, and should be fully operational in October 2023. The first phase of construction on the biorefinery is slated to begin May 2022 and will be finished this fall, with a new production line to produce biochar.
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The companies will not be able to sell ENplus-certified pellets as long as the suspension remains, nor will new applications for certification from these two countries be accepted.
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Iain Angus, chair of the Common Voice Northwest Energy Taskforce and former chair of the Ontario Forestry Coalition, explains how underutilized wood can generate much-needed electricity for industries and communities.
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The United Nations (UN) has declared March 21 as International Day of Forests. The Forest Products Association of Canada (FPAC) outlines eight reasons why forests are important for our economy, our planet, and society at large.
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“We believe there are multiple potential future uses for the site. We will pursue those opportunities in full partnership with local First Nations,” said Scott Bax, CEO of Peak Renewables.
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The Chisholm Awards for Innovation in Forestry program is a national competition for young researchers who – through their studies – promote innovation in the forest products sector either in the forest, at production facilities, along the supply chain, or via product innovation.
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According to the Business Development Bank of Canada (BDC), one of the main benefits of certification standards is “they give you access to internationally recognized best practices across your business.” That’s the No. 1 reason to join ENplus.
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Based on current assumptions, Gevo estimates that the agreement should generate approximately $2.8 billion of revenue, inclusive of the value from environmental benefits, for Gevo over the seven-year term of the agreement.
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