February 2, 2012
BY Luke Geiver
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Japan-based Erex Co. Ltd. in April announced it has signed a memorandum of understanding (MOU) with Vietnam-based Vinacomin Power Holdings to study the possibility of cofiring biomass at two of Vinacomin’s coal-fired power plants.
The Louisiana House of Representatives on May 13 voted unanimously to approve a bill that aims to benefit the state’s wood pellet manufacturing industry. On the same day, the bill also reported favorably out of a Senate committee.
Policy shifts, volatile winters and other market forces are impacting the wood pellet market as producers defend global markets and push for growth at home.