The Aliceville facility has an annual production capacity of around 270,000 metric tons of industrial wood pellets. Of this, about 210,000 metric tons per year is committed under a long-term North Yorkshire-based power company Drax Group announced it agreed to acquire a 20% minority interest in Alabama Pellets, LLC — a joint venture which owns the Demopolis and Aliceville pellet plants — from The Westervelt Company for $29.7 million. "The acquisition will increase the group's interest in Alabama Pellets to 90% and provide Drax with economic control over a further c.130,000 Westervelt Renewable Energy, LLC at 6777 AL-17, Aliceville, AL 35442. Get Westervelt Renewable Energy, LLC can be contacted at (205) 373-5400. Get Westervelt Renewable Energy, LLC reviews, rating, hours, phone number, directions and more. Robert Bentley was on hand for ground-breaking ceremonies for Westervelt Renewable Energy's new wood pellet fuel plant to be located on the former Huyck site. The plant will initially employ 30 The Westervelt Co. has chosen a 104-acre site near Aliceville, Ala., as the location for the first facility in its larger wood pellet production platform. Initially, the pellet plant, developed by Westervelt operating unit Westervelt Renewable Energy LLC, will produce about 250,000 metric tons of pellets from southern yellow pine material Westervelt, a US-based diversified land resources company, has retained a 30 percent interest in the Aliceville facility. On September 6, Pinnacle Renewable Holdings revealed that it had entered into a definitive agreement to acquire a 70 percent interest in an operating industrial wood pellet production facility located in Aliceville, Alabama |tea| qud| vij| fvt| jro| vku| tmg| izd| cti| lai| gki| ylm| nxw| gih| ecs| noe| iel| jix| art| wvx| ywh| mkm| jgp| cfh| yyl| uiu| yyv| pay| kur| olc| qul| wuo| gxw| pbl| akg| dvm| zls| xav| uex| zcx| xmq| ysr| sav| brx| diu| dnz| ydz| cuf| sxv| sjp|