1Q2013 Biomass Prices Remain Steady Throughout Lake States
By Peter Coutu
Biomass prices in the Lake States remained relatively constant from Q4 2012 to Q1 2013, increasing only $0.44/green ton. The average delivered price per green ton reported during the fourth quarter of last year was $26.34.
Rentech Solidifies Long-term Plan, Shifts from Liquid to Solid Fuels
By Suz-Anne Kinney
Rentech, the California-based renewable energy company, purchased Fulghum Fibres, one of the leading wood chipping enterprises in the United States, for $112 million. The company plans to leverage Fulghum's cash flow and profitability to launch a wood pellet business.
Green Circle Bio Energy Looks to Build Second Wood Pellet Facility
By LeAndra Spicer
Green Circle Bio Energy took its first steps towards a second wood pellet plant this week. In a letter of intent, Green Circle communicated its interest in both leasing a site for a new pellet plant and entering into a wood fiber supply agreement with The St. Joe Company.
Enviva marked the official opening of its newest wood pellet plant in Northampton, North Carolina on May 21. The plant has a capacity of 551,155 tons (500,000 metric tons), employs 79 people and created an estimated 130 indirect jobs. Pellets produced at the facility are shipped to the Port of Chesapeake near Norfolk, Virginia.
2013 Farm Bill Passed by Senate, Awaits House Vote
By LeAndra Spicer
The Senate passed its version of the Farm Bill - the Agriculture Reform, Food and Jobs Act of 2013 - on June 10. The $955 billion legislative package set aside $1.1 billion in mandatory funding over the course of 10 years for renewable and clean energy programs.
State and Federal Legislation Targets Renewable Fuel Standards
By LeAndra Spicer
Legislation Florida Governor Rick Scott signed last week repealed Florida's Renewable Fuel Standard. Passed in 2008, the standard required gasoline sold within the state to contain nine to 10 percent ethanol.
