Biofuel - Market news and analysis

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Scott Group acquires Whirlowdale Trading

Scott Group has acquired Whirlowdale Trading Co. Ltd (WTC) in a deal which expands access to the range of sustainable pallet solutions available from the Group’s existing pallet businesses; Scott Pallets, HLC and Pallet Logistics. The acquisition of WTC will provide additional operational capacity a...
August 16, 2017

Combined revenue of 50 biggest Russian wood based companies increased 17.5%

Finance122  
In 2017, a 50 companies make it onto 9th annual ranking of Russia's largest forest based companies, published by the Russian woodworking journal Lesnaya Industriya. Taken as a group, these companies have combined revenues of 482.8 billion roubles ($5.19 billion), up 17.5% from previous ranking. Ilim...
August 15, 2017

Conifex Timber's 2Q revenues up 12% to $116.4 million

Finance126  
Conifex Timber Inc. reported results for the 2Q ended June 30, 2017. Adjusted EBITDA in the 2Q 2017, which excludes countervailing duty ("CVD") deposits of $4.6 million, was a record $14.8 million, compared to $6.1 million in the 1Q 2017 and $9 million in the 2Q 2016. Revenues totaled $116.4 million...
August 14, 2017

Rentech revenues down to $24.7 million in 2Q 2017

Finance172  
Rentech, Inc. announces results for the 2Q ended June 30, 2017. Consolidated revenues from continuing operations for the 2Q 2017 were $24.7 million, as compared to $31.8 million in the prior year period.Gross loss from continuing operations for the second quarter of 2017 was $(0.7) million, as compa...
August 10, 2017

Sumitomo Corporation acquires 47.6% of the shares of Pacific BioEnergy Corporation

Sumitomo Corporation has acquired 47.6% of the shares of the wood pellet manufacturer Pacific BioEnergy Corporation in British Columbia, Canada, and made its entry into the wood pellet manufacturing business in Canada.PBEC, through its own and affiliated manufacturing facilities, currently markets i...
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