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April 2, 2019

BY Anna Simet

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Power Wood Holdings agrees to CA$84 million investment into black pellet production plants

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By Power Wood Holdings Ltd.

3 hours ago

Pellets Business 

Power Wood Holdings Ltd. has agreed terms for an investment of up to CA$84 million into its development of two advanced black pellet production facilities in Northern Alberta, the company announced on Aug. 4.

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The U.S. exported 946,522.4 metric tons of wood pellets in June up nearly 8% when compared to May and up nearly 28% when compared to June 2025, according to data released by the USDA Foreign Agricultural Service on Aug. 4.

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Drax Group plc on July 30 announced the company’s North American pellet mills produced 1.9 million metric tons of wood pellets during the first half of 2026, down from 2.1 million metric tons of production reported for the same period of 2025.

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FutureMetrics LLC has published a new white paper that discusses the potential for using torrefied pellets as feedstock in Fischer-Tropsch (FT) gasification systems to produce sustainable aviation fuel (SAF).

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U.S. manufacturers produced approximately 880,000 tons of densified biomass fuel in April, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 900,000 tons during the month.

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