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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.
Rather than rebuild, H. Wetter Manufacturing purchased the South Pittsburg factory and merged their production into the existing facility. [6] [4] From 1902 until 1929, the company was known as H. Wetter Manufacturing. The H. Wetter Manufacturing Company operated the company for 25 years until a historic union strike on December 25, 1927.
Rentech, Inc. (stands for Renewable Energy Technology [2]) was a Los Angeles, California–based company that owned and operated wood fiber processing and nitrogen fertilizer manufacturing businesses. It provided wood chipping and wood pellet services through a subsidiary Fulghum Fibres, Inc. and sold nitrogen fertilizer through Rentech ...
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.
Enviva operates a wood pellet plant just off Interstate 40 in Sampson County. The restructuring is targeted to be completed during the fourth quarter of 2024, the company said.
Falling wood pellet prices, lousy long-term contracts, rising interest rates, and operational woes have Enviva in a world of financial pain. Wood pellet giant with major operations in Eastern NC ...
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