Ence Energía y Celulosa obtained net losses of Euro 13 million in the 2Q of the financial year 2020 as a consequence of the prices of pulp, which remain at the lowest levels recorded in the last 10 years, as well as the low prices of energy. In the semester, the company accumulates net losses of Euro 24.6 million.

Stora Enso'a 2Q 2020 sales decreased by 19%, or Euro 494 million, from the previous year to Euro 2 114 million, negatively impacted by the Covid-19 pandemic. Sales prices were lower for most grades despite active mix management and a slightly positive foreign exchange rate impact.

Massachusetts-based Atlantic Power announced an extension to the power purchase agreement (PPA) associated with its Calstock bioenergy operation in Hearst, Ontario, Canada. The 35 MW Calstock plant PPA, which was set to expire in June 2020, has now been extended to December 16th, 2020 on existing terms.

The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months. Many commodity products saw reduced trade during March and April, a result of reduced demand, closures of manufacturing facilities to protect workers, constraint in the handling capacity of go...

Aurora Energy Solutions, LLC acquired Superior Pellet Fuels. Aurora Energy Solutions plans to invest in new infrastructure that will make operations more efficient and provide greater quality control.

Graanul Invest Group has published its 2019 Sustainability Report that includes for the first time carbon footprint calculations. The report states that the balance of the groups’ carbon emissions is not only zero, but strongly negative, functioning as a sink for carbon dioxide equivalents.

Segezha Group started construction of the new container terminal at its Lesosibirsky LDK No.1 in Russia. This project provides on time transportation for the increasing volumes of pellet fuels that are produced at KsyloTech-Syberia LLC. The construction will be completed by September 2020. The total investment in this ...

The project engineering for Metsä Fibre’s bioproduct mill project in Kemi, Finland will start at the beginning of August 2020. This means the detailed engineering of the mill’s technology, civil construction, MEI installations and commissioning, as well as preparation for the project’s construction phase.

Russia's ULK Group is investing more than Euro 400 million in one of the country's biggest sawmill investments in modern times. The ambition is to have one of the world’s largest and most modern sawmills, with an annual capacity of more than 1 million cubic meters (425,000 MBF) sawn timber and 600,000 t pellets annuall...

Enviva Partners, LP announced that the sole member of the Partnership’s general partner has appointed Jeffrey W. Ubben, Chairman of ValueAct and Co-Portfolio Manager of its Spring Fund, to the general partner’s board of directors.

Enviva Partners, LP has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia from Innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina.

Norske Skog transitions wood chips shipping from road to rail. For many years, transportation of wood chips from sawmills in the Lillehammer area, Norway, to the wood processing industry in Halden has been done by trucks on road. Now the trucks are being replaced by trains.

Finland's consumption of forest industry by-products and wood residues increased by 1% from the previous year to nearly 12 million cubic metres in 2019. The consumption of bark totalled 7.9 million cubic metres, while different types of sawdust were consumed a total of 2.5 million, industrial chips 1.2 million and othe...