A B.C. company’s plan to make wood pellets the fuel of choice for
more customers in Europe and Asia has been given a boost by regulatory
approval for a $42-million terminal project in Prince Rupert.
The Prince Rupert Port Authority announced it has approved Westview Terminal Redevelopment Project, which will include docks and storage facilities to ship up to two million tonnes a year of wood pellets through the port. The project, steered by pellet manufacturer Pinnacle Renewable Energy, is part of a growth strategy that aims to boost the company’s export base, says company president Leroy Reitsma. “Today, the primary market is Europe and that’s why the shipping logistics of this business is critical – which is why we were so focused on this project,” Mr. Reitsma said.
Construction on the project, reviewed under the Canada Port Authority Environmental Assessment Regulations, could begin later this year.
As of 2012, Canada has 42 plants with about 3 million tonnes a year of capacity, with more than half of that – about 65 per cent – coming from B.C., according to the Wood Pellet Association of Canada.
B.C.’s wood-pellet industry has grown in recent years as operators take material that used to be burned as scrap and turn it into potential fuel. Wood-pellet operators are capitalizing on raw material resulting from a mountain pine beetle infestation that has made a lot of wood unsuitable for lumber, but fine for pellets.
Read more: http://www.theglobeandmail.com/news/british-columbia/bc-port-authority-approves-terminal-for-wood-pellet-exports/article4515884/
The Prince Rupert Port Authority announced it has approved Westview Terminal Redevelopment Project, which will include docks and storage facilities to ship up to two million tonnes a year of wood pellets through the port. The project, steered by pellet manufacturer Pinnacle Renewable Energy, is part of a growth strategy that aims to boost the company’s export base, says company president Leroy Reitsma. “Today, the primary market is Europe and that’s why the shipping logistics of this business is critical – which is why we were so focused on this project,” Mr. Reitsma said.
Construction on the project, reviewed under the Canada Port Authority Environmental Assessment Regulations, could begin later this year.
As of 2012, Canada has 42 plants with about 3 million tonnes a year of capacity, with more than half of that – about 65 per cent – coming from B.C., according to the Wood Pellet Association of Canada.
B.C.’s wood-pellet industry has grown in recent years as operators take material that used to be burned as scrap and turn it into potential fuel. Wood-pellet operators are capitalizing on raw material resulting from a mountain pine beetle infestation that has made a lot of wood unsuitable for lumber, but fine for pellets.
Read more: http://www.theglobeandmail.com/news/british-columbia/bc-port-authority-approves-terminal-for-wood-pellet-exports/article4515884/
No comments:
Post a Comment