Partnership in a pellet venture
Published: 03 March, 2010
Weyerhaeuser and Mitsubishi Corporation have signed a strategic memorandum of understanding to explore the possibilities of collaborating in the biomass-to-energy business.
The parties are particularly interested in assessing the feasibility of a commercial-scale wood pellet production facility in the US by 2011.
Depending on the success of the study, more facilities could follow in aspiration to become a world class bio-pellet producer.
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