Jan 23, 2013. /Lesprom Network/. Plum Creek Timber Company, Inc. has finalized a long-term fiber supply agreement with Drax, a leading power company in the United Kingdom that is transforming itself into a predominantly biomass-fueled power generator. Plum Creek will deliver up to 770,000 tons annually of sustainably-managed wood fiber to two U.S. pellet manufacturing locations during the course of the 10-year contract, as the company said in a press release received by Lesprom Network. Drax plans to construct two pellet mills, one each in Mississippi and Louisiana, to convert wood fiber into pellets for export to its power station in the United Kingdom. Deliveries are scheduled to begin in 2014. “This agreement further diversifies our customer base and represents a new and expanding market for our sustainably grown wood fiber,” said Rick Holley, President and CEO. “Plum Creek is proud to partner with Drax to work toward practical solutions that help develop sustainable energy, provide an attractive return for our investors, and create jobs in our communities.” Plum Creek is one of the largest landowners in the nation and the most geographically diverse, with approximately 6.4 million acres of timberlands in major timber producing regions of the United States and wood products manufacturing facilities in the Northwest.