Pinnacle, Tolko Team Up Again
Pinnacle Renewable Energy has entered into a limited partnership agreement with Tolko Industries Ltd. to build Northern Pellet Limited Partnership, a new industrial wood pellet production facility in High Level, Alberta. The facility will use wood fiber sourced primarily from Tolko’s existing sawmill in High Level. The facility is expected to have a run-rate production capacity of 170,000 to 200,000 metric tons per year.
Pinnacle and Tolko will each own a 50% interest. They have a similar arrangement in Lavington, BC between Pinnacle’s pellet mill there and Tolko’s sawmill.
Brad Thorlakson, President & CEO of Tolko, comments, “We’re excited to once again partner with Pinnacle Renewable Energy on a project that promises to bring economic, environmental, and employment benefits to both companies and the community of High Level. When commissioned, Northern Pellet Limited will reduce our carbon footprint, secure and increase full-time permanent employment opportunities in the area, and allow us to use all our bark, shavings, and sawdust to produce pellets for growing markets.”
Pinnacle will operate the facility and manage all aspects of customer relations, marketing, sales and logistics. Tolko will supply both heat energy and fiber to the facility under long-term supply agreements. The facility, which will be built on land owned by Tolko, will begin construction in the third quarter of 2019. Initial wood pellet production
is expected to commence in fourth quarter 2020.
RELATED ARTICLES
Drax Purchase Alters Biomass Landscape
Pinnacle Renewable Energy To Be Acquired By Drax Group
Latest News
Roseburg Names Tony Ramm Senior VP
Roseburg announced that Tony Ramm has been named Senior Vice President of Human Resources and Labor, overseeing the company’s human resources, benefits and compensation, recruitment, and environmental health and safety teams.
When He Talks People Listen
Article by Jessica Johnson, Senior Editor, Timber Processing January/February 2024
Some of the smartest men and women in the industry have graced the pages of this magazine—and have won the award of Timber Processing Person of the Year. They’ve all been incredibly worthy of this recognition for innovation, commitment and love of the industry they serve. Perhaps none have been quite as innovative as the introverted sawmiller from Georgia named Levi Anderson Pollard, V, whose name is on two of the patents that changed the way the sawmilling world manufactures and dries lumber (and on so many other patents as well).
Industry Says Goodbye To Walter Jarck
Walter Jarck, whose career in the forest products industry spanned 65 years and ranged from logging machinery to engineered wood products, died January 3, surrounded by his children, in North Wilkesboro, NC. He was 92.
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.