Active Energy Group Plc announced that its AEG WoodFibre division has secured two significant new supply contracts for 2016. These significant contracts are expected to generate revenues of over $50 million in FY 2016.

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AEG WoodFibre signed two wood fibre supply contracts with Yildiz Entegre in Turkey

Jan 25, 2016. /Lesprom Network/. Under the two 2016 supply contracts, signed with Yildiz Entegre, the leading MDF manufacturer in Turkey, AEG WoodFibre division of Active Energy Group Plc has agreed to deliver up to 300,000 metric tonnes of its proven hardwood wood fibre product, as well as up to another 200,000 metric tonnes of its new softwood wood fibre offering.

These significant contracts are expected to generate revenues of over $50 million in FY 2016.

Active Energy Group Plc is supplier of timberland management and development services, industrial wood fibre, and Biomass coal replacement fuels.