Pellet Mill Press - November 7, 2017

Enviva reports strong third quarter Enviva Partners LP has released third quarter financial results, reporting net income of $131.5 million, up 18.7 percent. Included in the net revenue were product sales of $125.4 million on a volume of 668,000 metric tons of wood pellets. READ MORE SHARE
Port of Tyne handles record-setting cargo of wood pellets Docking at the Port of Tyne, the bulk cargo vessel St. Dimitrios has discharged the biggest cargo of wood pellets ever handled at the port. In total, 62,000 metric tons of wood-pellets will be unloaded over five days. READ MORE SHARE
	Drax sells Billington Bioenergy Drax has agreed to sell Billington Bioenergy, a distributor of wood pellets in the U.K. heating market, to Aggregated Micro Power Holdings, an energy company specializing in the sale of wood fuels and the development of distributed energy assets. READ MORE SHARE
Astec bullish on pellet plant market outlook Though some design flaws at two of the large-scale wood pellet plants Astec delivered required unexpected investments this quarter, CEO Benjamin Brock said the company is still confident in the sector and its place in the company’s future. READ MORE SHARE
Bill aims to extend MLP benefits to renewables, clean energy Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., and Reps. Ted Poe, R-Texas, and Mike Thompson, D.-Calif., have reintroduced legislation that aims to level the playing field for clean energy. READ MORE SHARE
MEP proposal ups renewables targets, phases out crop-based fuels Members of the European Parliament are calling for the European Union to source 35 percent of its energy from renewable sources by 2030, set nationally binding targets for renewable energy and phase-out of palm oil and food-based biofuels. READ MORE SHARE
Forest Service to award $7 million under Wood Innovations program The U.S. Forest Service has opened a funding opportunity for projects that expand wood products and wood energy markets, especially in areas with high wildfire risk. The announcement was made on National Bioenergy Day, Oct. 18. READ MORE SHARE
EIA releases densified biomass fuel data for July The U.S. Energy Information Administration recently released the October edition of its Monthly Densified Biomass Fuel Report, noting the 88 facilities that submitted data produced 576,521 tons of pellets in July. READ MORE SHARE
Bulk pellet delivery capacity expands in Vermont Vermont Renewable Fuels is hitting the road with a new delivery truck. The 2017 Kenworth can haul 16-tons of pellets with a fully pneumatic delivery system and was funded in part by a $94,000 grant from the Vermont Clean Energy Development Fund. READ MORE SHARE
Enviva’s Track & Trace data demonstrate sustainability commitment Enviva has released its latest Track & Trace sourcing data, demonstrating the company’s ongoing commitment to a sustainable and transparent supply chain. The data system allows Enviva to monitor every truckload of wood the company procures. READ MORE SHARE
DOE schedules meeting of biomass advisory committee The U.S. Department of Energy has announced an open meeting of the Biomass Research and Development Technical Advisory Committee on Nov. 15-16 in Washington, D.C. READ MORE SHARE
FPInnovations purchases land at Technoparc de Montréal FPInnovations recently purchased land from Technoparc Montréal. The purchase is a first step toward building an integrated international biomaterials innovation center under FPInnovations' leadership. READ MORE SHARE
Metsä Group inaugurates bioproduct mill in Äänekoski, Finland Metsä Group celebrated the inauguration of its next-generation bioproduct mill in Äänekoski, Finland, on Oct. 18. In the first phase, new bioproducts produced at the plant will include product gas, sulphuric acid, biogas and biofuel pellets. READ MORE SHARE
Biomass cogeneration facility, pellet plant planned in Ontario The Northwestern Ontario Indigenous community of Whitesand First Nation will develop an industrial park to support new biomass and wood processing facilities thanks to investments from the governments of Canada and Ontario. READ MORE SHARE
Fifth Annual Bioenergy Day attracts record participation In honor of the Fifth Annual Bioenergy Day, 60 organizations across the United States and Canada are participating in events Oct. 18 to recognize the economic and environmental benefits of using organic materials to produce heat, power and fuels. READ MORE SHARE
Report reveals impact of Drax Group to UK economy British energy business Drax Group contributed almost £1.7 billion towards U.K. GDP in 2016 and supported over 18,500 jobs across the country. The findings were revealed in a new report looking at the economic impact of Drax’s U.K. operations. READ MORE SHARE
ENplus certifies 8.1 million metric tons of wood pellets in 2016 The European Pellet Council has announced a record 8.1 million metric tons of wood pellets were certified under the ENplus quality scheme in 2016. The volume of certified pellets is expected to reach 9.2 million metric tons in 2017. READ MORE SHARE