Pellet Mill Press - August 20, 2019

Enviva announces new contracts, plans to increase capacity Enviva Partners LP released second quarter 2019 financial results on Aug. 8, reporting solid operating performance and a 25 percent increase in adjusted EBITDA. The company also announced new contracts for more than 1 million tons of wood pellets. READ MORE SHARE
Pinnacle discusses growth plans in second quarter earnings call Pinnacle Renewable Energy released second quarter financial results Aug. 12, reporting significant increases to revenue and pellets sold. During an earnings call, Pinnacle officials discussed company growth plans. READ MORE SHARE
	USDA: Wood pellet exports reach 694,515 tons in June The U.S. exported 694,515.3 tons of wood pellets in June, according to data released by the USDA Foreign Agricultural Service on Aug. 2. Pellet exports were up when compared to both May 2019 and June 2018. READ MORE SHARE
EIA: Densified biomass fuel sales reach 640,000 tons in April The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 770,000 tons of densified biomass fuel in April, with sales reaching 640,000 tons. READ MORE SHARE
Enviva to develop deep-water terminal at Port of Pascagoula Enviva Holdings LP announced Aug. 6 plans to build and operate a deep-water marine terminal at the Port of Pascagoula, Mississippi. On the same day, the company also issued a statement related to the air permit for its Southampton pellet plant. READ MORE SHARE
FutureMetrics analyzes changes in South Korean pellet market FutureMetrics has published a new white paper on recent developments in the South Korean industrial wood pellets market, updating an analysis the company published two years ago. The changes could dampen demand for wood pellets. READ MORE SHARE
	EIA updates bioenergy generation, capacity forecasts The U.S. Energy Information Administration currently expects nonhydro renewables to provide 10 percent of U.S. utility-scale generation in 2019, increasing to 12 percent in 2020, according to the agency’s latest Short Term Energy Outlook. READ MORE SHARE
DOE seeks input on its FY 2019 EERE, BETO research priorities The Department of Energy’s Office of Efficiency and Renewable Energy is seeking public input on its EERE and Bioenergy Technologies Office research priorities, including those focused on corn fiber biofuel, food waste, data efforts and algae biomass. READ MORE SHARE
Doosan Babcock celebrates 10 years of safety success at Drax Doosan Babcock is responsible for the provision of maintenance and outage services to Drax Power Station and is now celebrating an important safety milestone of 10 years without a lost time accident at the site. READ MORE SHARE