This week, the province of New Brunswick announced it will spend $400,000 on a wood pellet plant feasibility study, raising the question of where Newfoundland and Labrador stands on its development of wood pellet exports according to the local The Telegram.
New Brunswick has started a $400,000 study into the feasibility of a wood pellet plant in that province. The move has prompted questions of where this province is in developing its own pellet export sector.
The Government of Newfoundland and Labrador offered up about $10 million in commitments to Holson Forest Products for a new wood pellet plant at Roddickton, on the Northern Peninsula, between 2008 and 2012, only to be left with an idle facility, reportedly due to a lack of storage and port infrastructure.
The facility has since been tied into ongoing negotiations between the provincial government and American-based wood processor Rentech Inc., on a potential new forestry enterprise in the province.
According to CBC News reports in early April, old infrastructure in Botwood was also being looked at by Rentech.