Biofuel - Market news and analysis

March 15, 2018

OÜ Graanul Mets acquires OÜ Karo Mets in Estonia

OÜ Graanul Mets and OÜ Eremka entered into a contract of purchase and sale, according to which OÜ Graanul Mets acquired a 50% share in OÜ Karo Mets from OÜ Eremka. As a result of this transaction, OÜ Graanul Mets becomes the full owner of OÜ Karo Mets. This transaction is still awaiting approval fro...
March 1, 2018

Papeteries Palm starts up new power plant at its paper mill in Descartes, France

Papeteries Palm, Palm’s French paper mill located in Descartes, France, has successfully started up its brand new power plant, as the company said in the press release received by Lesprom Network.The new combined heat and power plant operates a 12 MW gas turbine which generates the electricity requi...
February 27, 2018

Conifex Timber increased Adjusted EBITDA margin to 13.2% in 4Q

Conifex Timber’s revenues were $132.7 million in the 4Q 2017, $120.3 million in the previous quarter and $102 million in the 4Q 2016, as the company said in the press release received by Lesprom Network.Conifex Timber recorded operating earnings of $14.7 million in the 4Q 2017 compared to $8.8 milli...
February 27, 2018

Enviva Partners increased net revenues in 2017

For full-year 2017, Enviva Partners, LP generated net revenue of $543.2 million, an increase of 17%, or $78.9 million, from 2016. Included in net revenue were product sales of $522.3 million on a volume of 2.72 million metric tons of wood pellets during 2017, as compared to $444.5 million on a v...
February 21, 2018

Sveaskog’s 4Q net sales increased by 4%

Sveaskog’s 4Q 2017 net sales increased by 4% to SEK 1,613 million ($201 million), compared to SEK 1,549 million ($194 million) in the 4Q 2016. Total delivery volumes decreased by 1% compared with the corresponding period last year while selling prices increased by an average of 4%, as the company sa...
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