Tag Archives: business

Last month, I was talking to Ontario Power Generation’s Director of Business Development Brent Boyko about the conversion of Atikokan Generating Station (from coal to wood pellets) and he mentioned that part of the wood pellets that will fuel the AGS plant after its conversion will come from Rentech Inc. Turns out, they have acquired Georgia-based Fulghum Fibers, the leading provider of contract wood chip processing services in the U.S. Fulghum has a total of 32 mills, 26 in the U.S. and six in South America, that process 15 million metric tons of wood and bark annually. A notice released from the company discusses how the acquisition provides a platform to launch into the growing and complementary global wood pellet industry. With the acquisition, it has also entered a joint venture with Graanul Invest, a European pellet producer, for development and construction of U.S. pellet plants. Graanul has designed, built, and operates six pellet facilities in Europe, which produce 830,000 tons of pellets annually. I think the stories you will find in this month’s Pellet Mill Monthly newsletter—as well as in the Q2 issue of Pellet Mill Magazine , which is just around the corner—further back that assertion up. Continue reading →