German Pellets signs multi-year supply contract in France

Aug 5, 2014 - Wood pellets producer German Pellets GmbH has signed a multi-year contract with an European energy supplier for the delivery of wood chips to a power plant in France.

For German Pellets this is the first major order for wood chips.

Wood chips is used at former coal power plants for the production of electricity from biomass.

The company supplies more than 1 million tonnes of wood pellets a year to electricity providers across Europe and maintains an international storage network.

In addition to production sites in Germany and Austria, German Pellets runs a plant in Texas and a second site in the United States is under construction.

The European market for wood pellets and wood chips is growing rapidly with estimates suggesting that it would double to 60 million tonnes by 2020.

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