Business Briefs PEOPLE, PRODUCTS & PARTNERSHIPS
Domestic sales of densified biomass fuel in November reached 225,651 tons at an average price of $189.12 per ton. Exports in November reached 764,642 tons at an average price of $172.32 per ton. Inventories of premium/standard pellets fell to 163,356 tons in November, down from 216,306 tons in October. Inventories of utility pellets fell to 407,359 tons in November, down from 476,348 tons in October.
Delta signs SAF agreement with Gevo
Gevo Inc. has signed a take-or-pay agreement with Delta Air Lines Inc. to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years. The agreement replaces the existing agreement signed with Delta in 2019 to purchase 10 million gallons per year. Delta will need to secure 400 million gallons annually by the end of 2030 to meet its 10% SAF procurement commitment.
SOURCE: U.S. EIA
US EIA: Densified biomass fuel sales reach 990,000 tons in November
The U.S. EIA recently released data showing U.S. manufacturers produced approximately 790,000 tons of densified biomass fuel in November, with sales reaching 990,000 tons. The data was released as part of the February edition of EIA’s Monthly Densified Biomass Fuel Report, which contains data for November. The 80 manufacturers surveyed for November had a total combined production capacity of 12.96 million tons per year and collectively had the equivalent of 2,331 full-time employees. Respondents purchased 1.6 million tons of raw biomass feedstock in November, produced 790,000 tons of densified biomass fuel and sold 990,000 tons of densified biomass fuel. Production included 149,511 tons of heating pellets and 645,782 tons of utility pellets.
UK groups ban wood products from Russia, Belarus
The U.K. Pellet Council and Forest Stewardship Council announced they will no longer recognize wood products coming from Russia and Belarus, stopping their import for use in bioenergy applications. The FSC on March 8 announced its international board of directors has agreed to suspend all trading certificates in Russia and Belarus and block all controlled wood and forest product sourcing from the two countries. Wood and other forest products can no longer be sourced
YOUR SOLUTION FOR BULK MATERIAL HANDLING Pellets Woodchips Biomass 563-264-8066 | airoflex.com 8 BIOMASS MAGAZINE | ISSUE 2, 2022
TRUCK DUMPERS
TRAILER TIPPERS
RECEIVING HOPPERS
