Pellet Mill Press - April 6, 2021

Pinnacle, Drax shareholders approve planned acquisition Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of Pinnacle by Drax. The transaction is expected to close in April 2021. READ MORE SHARE
Renova begins construction on 75 MW biomass plant in Japan Japan-based Renova Inc. announced on April 1 construction is underway on its Omaezakikou Biomass Power Plant, a 75-megawatt (MW) facility under development approximately 150 miles southwest of Tokyo in Omaezaki and Makinohara, Shizuoka Prefecture. READ MORE SHARE
	Biomass leaders discuss policy priorities and sustainability The 2021 International Biomass Conference & Expo kicked off March 16 with a keynote address focused on biomass sustainability and a panel discussion with association leaders that addressed policy, markets and the COVID-19 pandemic. READ MORE SHARE
Enviva, MOL partner to reduce biomass supply chain GHG emissions Enviva and Mitsui O.S.K. Lines (MOL) have signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier. The companies aim to reduce the GHG emissions from the ocean transportation of wood pellets. READ MORE SHARE
Biden releases $2 trillion jobs and infrastructure plan President Biden on March 31 released a $2 trillion infrastructure and jobs plan, officially titled the American Jobs Plan. Biofuel/bioproducts and carbon capture and storage (CSS) are each briefly addressed in the plan. READ MORE SHARE
Pellet plant designed by FutureMetrics loads first shipment FutureMetrics on March 6 announced the first shipment of wood pellets was made from the Ayo Biomass pellet plant in Vietnam, a 120,000-metric-ton-per-year facility the company helped design, construct and commission. READ MORE SHARE
Martin Engineering: Unsafe work practices around conveyors Because of their size, speed and high-horsepower drive motors, conveyors pose a number of risks to those working on or near them. While fault is often attributed to worker actions, safety experts say that injuries occur due to a series of factors. READ MORE SHARE
Lawmakers introduce comprehensive CO2 infrastructure bill Sens. Chris Coons, D-Del., and Bill Cassidy, R-La., and Reps. Marc Veasey, D-Texas, and David McKinley, R-W.V., on March 17 introduced the Storing CO2 and Lowering Emissions (SCALE) Act, a comprehensive CO2 infrastructure package. READ MORE SHARE
Senate unanimously confirms Tai as US trade representative The U.S. Senate on March 17 voted unanimously to confirm the nomination of Katherine Tai as U.S. trade representative. The Office of the U.S. Trade Representative leads international trade negotiations and oversees the resolution of disputes. READ MORE SHARE
Smith, Capito introduce bill to extend 45Q tax credit Sens. Tina Smith, D-Minn.; and Shelley Moore Capito, R-W.V.; on March 25 introduced the Carbon Capture Utilization and Storage Tax Credit Amendments Act. The Carbon Capture Coalition and Growth Energy have spoken out in support of the bill. READ MORE SHARE