Sep 6 2017
Canada: Scotia Atlantic pellet plant sold to forest company GNT
Great Northern Timber Group has signed a tentative agreement to purchase the Scotia Atlantic Biomass pellet plant, pending due diligence and court approval, said Thor Olesen, CEO of GNT. the plan is to restart the plant in quarter 4, 2017. The transaction is expected to close before the end of September. The Scotia Atlantic Biomass facility […]
Jan 4 2018
Pellet and biomass producer Rentech bankrupt – several pellet plants sold
Rentech, Inc. (RTKH.OB), an owner and operator of wood fibre processing and wood pellet production businesses, said that the company and its subsidiary, Rentech WP U.S. Inc. have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company […]
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By admin • Business, News • • Tags: Business, Canada, featured, pellets, usa