General Biofuels Canada to Build Massive Wood Pellet Plant

Posted by Rumin Mann
February 3rd, 2010

General Biofuels Canada (GBC), a subsidiary of international Biofuels company General Biofuels, announced today that they are planning a 500,000 metric tonne per year wood pellet facility in Terrace, British Columbia. The facility will make industrial wood pellets from local hemlock fibre sources harvested from sustainably managed forests…

GBC anticipates that the plant’s main customers will be utilities and industrial firms in Asia and Europe who are looking to replace coal with carbon-neutral fuel sources. GBC already has letters of intent from buyers in these markets and continues to negotiate with others to complete its sales portfolio. GBC plans to produce pellets for export by early 2011.Read More

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