Rentech wins Newfoundland harvesting rights

April 9, 2014, Newfoundland – Rentech has won the rights to
harvest land in central Newfoundland, the rights to which were formerly owned
by Abitibi-Bowater.

According to a report from CBC News, Rentech received
ownership of the 280,000 cubic metres of wood in central Newfoundland,
previously used to feel the Abitibi-Bowater mill in Grand Falls-Windsor. The
mill closed in 2009.

It is expected that Rentech will use the wood supply to make
wood pellets, complimenting its current pellet mill projects already underway
in northern Ontario in Wawa and Atikokan. It is expected that Botwood would be
the likeliest location for the pellet plant, since the town would also serve as
the ideal shipping port.

For more on this story, CLICK HERE