Abellon acquires pellet manufacturer Trebio
September 4, 2012
By Abellon Energy Inc. Canada
September 4, 2012, Vancouver, BC – Abellon Energy Inc. Canada announced the acquisition of Canadian bio-pellet manufacturer Trebio Inc.
The wholly-owned subsidiary of India-based Abellon CleanEnergy, said Trebio has one of the largest pellet plants in Canada with a capacity of 130,000 MT/year, with the potential to increase capacity to 250,000-300,000 MT/year.
Commissioned in August of 2011, it is the only plant in North America that is ENPlusA1 certified. The plant also holds several other sustainability certifications.
The company has good access to fibre from nearby sawmills and dedicated assured access to forest fibre through a timber license by the Quebec Ministry of Forestry for at least the next 25 years that is managed in compliance with sustainable forestry practices and norms.
| Abellon Energy Inc. Canada acquired pellet manufacturer Trebio.
Other advantages, according to a press release from Abellon, include a strategic location with good rail and port access, highly experienced and professional management operations teams and a strong and credible stakeholder base.
Abellon says the acquisition is a significant step for both companies, and will harness its unique strategic advantages and complementing strengths, towards expanding collective reach, and enabling the collaborative entity to take up a global position in the pellet industry.
“In Abellon, Trebio gains an experienced partner with proven selling, operational and project related capabilities,” stated the release. “Which can help the company quickly scale up to its full potential. The current team at Trebio will continue to manage the company, with strategic inputs from the global team.”
According to Abellon, it has been strongly committed to establishing a base in Canada, and this partnership is one more step towards enhancing its presence in the country, as well as contribuying towards bilateral trade and investment between Canada and India.
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