14229682867713.jpg

Pellets, symbol pic. © Hannes Plackner

New 150,000 tons pellet capacity in Latvia

Article by Robert Spannlang, edited for Timber-Online | 04.03.2015 - 10:33

expected to come online in early 2016

Back
14229682867713.jpg

Pellets, symbol pic. © Hannes Plackner

Estonian pellets producer AS Graanul Invest will invest in a new pellet plant in neighbouring Latvia. Its subsidiary, Sia Broceni Pellets, has acquired 16 hectares of land in the Broceni district and has already received building permission from the local government, the company announced in a press release. At the same time, long-term raw material supply contracts have been secured with the region’s major companies.

The plant’s estimated production capacity will be around 150,000 tons of pellets per year and it is expected to come online in early 2016.
Back

Related articles

dach region

Lowest pellet prices since winter 2021

In April, the neutral pellet prices in the DACH region have fallen once again. Germany and Austria recorded the lowest prices since December 2021. As for the Swiss pellet price, one has to back to... Read more ...

germany

Slump in pellet imports from the US

In January and February, Germany imported nearly 47,000 tonnes of wood pellets, which corresponds to a year-on-year decrease of 45%. The former main suppliers USA and Czech Republic recorded massive... Read more ...

germany

Pellet price at €289/m³ in Germany

In April, the German pellet price fell by another 2.5% compared to the previous month. It is now 18% below the level recorded in April 2023. Read more ...

switzerland

Swiss pellet price down by 6%

In April, wood pellets cost on average CHF 445.7/t (€458/t) in Switzerland. Month on month (March 2024: CHF 472.8 or €485.9/t), the price has fallen by 6%. Read more ...