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The company, which operates four mills in Eastern N.C., filed for Chapter 11 bankruptcy last week, stating that it had debts of more than $2.6 billion.
Enviva Inc. is the world's largest producer of wood pellets used for energy production. The company has been the subject of controversy regarding its sustainability with an environmental group's analysis suggesting Enviva is responsible for 50 acres a day of clear-cut land and significantly increased CO 2 production compared to coal per megawatt-hour.
After months of economic uncertainty, the world's biggest wood-to-energy company with a significant economic footprint in Eastern North Carolina has filed for bankruptcy. Late Tuesday, Enviva ...
Wood pellets produced at the Enviva plant in Northampton County, N.C., seen on Sept. 3, 2019. Enviva, the world’s largest producer of wood pellets, declared bankruptcy this week.
[149] [150] The company ceased all business activity, filed for Chapter 11 bankruptcy, and laid-off nearly all of its employees in early September 2011. [151] [152] In his 24 January 2012, State of the Union address, President Barack Obama restated his commitment to renewable energy. Obama said that he "will not walk away from the promise of ...
Bioenergy Europe (formerly known as AEBIOM) is a European trade association open to national biomass associations and bioenergy companies active in Europe.It was founded in 1990 under the leadership of French senator Michel Souplet with the aim to promote energy generation from biomass in all its forms: biopower, bioheat, or biofuels for transport.
Maryland-based Enviva said in the filing that its debts exceed $2.6 billion. The company owes $780 million to a Delaware bank, $348 million to a German energy company, as well as $353 million in ...
Mascoma Corporation was a U.S. biofuel company founded to produce cellulosic ethanol made from wood and switchgrass. [1] Headquartered in Lebanon, New Hampshire, the company was founded in 2005 by Robert Johnsen (CEO), Lee Lynd and Charles Wyman, two professors from Dartmouth College. [2]