Press Release – For Immediate Release
Seattle, USA.
February, 2009
Wood pellet producers are increasingly competing with pulp manufacturers
for wood fiber, reports WRQ.
The global wood pellet industry has developed remarkably fast, evolving from being...
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Press Release – For Immediate Release
Seattle, USA.
February, 2009
Wood pellet producers are increasingly competing with pulp manufacturers
for wood fiber, reports WRQ.
The global wood pellet industry has developed remarkably fast, evolving from being
practically non-existent 15 years ago to being an important wood fiber consumer which
is increasingly competing with pulp and wood-panel industry for wood raw-material.
Global pellet production was close to 10 million tons in 2008, according to the Wood
Resource Quarterly.
It is estimated that production will double over the next 4-5 years
and some industry experts forecast an annual growth of 25-30% globally over the next
ten years.
Europe is currently the major market for pellets, but the interest for non-fossil
fuels in North America is growing.
The new leadership in the US government is going to
have a positive impact on alternative fuel usage and the expected change in energy policy
could very well result in increased imports o
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