The Albioma group announced at the end of December the acquisition of a wood pellet production plant in Tuan, located in the state of Queensland, in Australia.
The factory's raw material is residue supplied under long-term agreements by the region's major sawmills., who transform wood from sustainably managed forests. Factory, operational since 2014, produces 60,000 tonnes of wood pellets per year. The transaction also includes a 35,000 tonne storage facility at the Port of Bundaberg and a 57 hectare site in South Australia., near Mount Gambier, for a wood pellet factory project of 300,000 tonnes per year. These assets will power Albioma’s biomass power plants in Reunion Island., strengthening the security of their supply.
