Land acquired for Terrace pellet plant
January 28, 2010
By Canadian Biomass
Jan. 28, 2010, Terrace, BC – The City of Terrace and General Biofuels Canada have reached an agreement on terms to purchase property for a wood pellet facility in Terrace, British Columbia.
Jan. 28, 2010, Terrace, BC – The City of Terrace and General Biofuels Canada have
reached an agreement on terms to purchase property for a wood pellet facility
in Terrace, British Columbia. General Biofuels Canada will be using a wood
supply obtained throughout the region to manufacture premium wood pellets. The
wood pellet facility will operate with an initial capacity of 150,000 to
200,000 tonnes/year, growing to a capacity of up to 500,000 tonnes/year in the
next several years.
David
Smith, vice president of corporate development for General Biofuels, states,
“General Biofuels Canada is committed to developing a significant presence in
the wood pellet industry in northern British Columbia. We’re excited to be
working with the City of Terrace and look forward to a successful project.”
General
Biofuels Canada hopes to start construction by the middle of 2010, with
production starting in 2011. The plant will employ an estimated 30 people, with
additional indirect employment in fibre supply and transportation. Terrace has
easy access to the deep-water port at Prince Rupert, British Columbia.
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