The plant near Alexandria will turn about 100,000 metric tons of Southern Yellow Pine mill residuals a year into biochar and carbon removal credits, with production expected in the second quarter of 2027.
Biocombustibles
Peace River grants of $13.0 million helped narrow the loss, and the company expects softwood pulp prices to rise modestly in the fourth quarter.
Most of the money, C$4 billion, would finance large new mills and biorefineries through a new fund at Export Development Canada.
A U.S. tariff on Canadian paperboard idled the Temiscaming site in October, and the company pushed the conclusion of its strategic review to the first quarter of 2027.
Pellet prices jumped 38.5% from a year earlier, while softwood lumber prices slipped 0.8% from August; overall industrial producer prices rose 6.7%.
Larch remains in short supply, while the construction sector is in its eighth year of recession.
The facility has an annual capacity of 220,000 tonnes and represents an investment of Euro 1.37 billion.
The company sees an opportunity to divert waste wood from energy production and reuse it as material for new products.
The projects could create more than 200 jobs and add annual demand for over 100 thousand tonnes of forest biomass.
Projects in Chapleau and other northern communities will modernize mills, expand biomass use and maintain bioenergy operations.
The new system will connect flue gas condensation with Helsinki’s district heating and cooling networks.
Funding will connect private forest owners with businesses using mill by-products and underused wood.
Funding will expand lumber drying capacity, develop biomass energy projects and advance wood-residue products.
The grants fund sawmill reopenings, equipment upgrades, biomass systems and mass timber projects across the state.
Partnership targets local biogas plant expansion as Lunawood pursues 2035 carbon neutrality.
Consolidated EBITDA rises 16% to Euro 27 million; speciality pulp sales increase to 34% of total.
Higher pulp prices, strong renewable fuel demand and growth in advanced materials supported results, while weak graphic paper demand, high wood costs and geopolitical uncertainty continued to weigh on parts of the business.
Update introduces regional import-price benchmarks, producer prices and PPI, a multi-series chart builder and an Analytics Data API subscription.
Turn-key installation scheduled for March 2027 to support boiler reliability and production uptime.
The final rule applies to loan guarantees for advanced biofuels, renewable chemicals and biobased product facilities.