Pellet Exports Already Showing Growth in New Year
By: Lisa Gibson
Biomass Power & Thermal
Just days into this New Year, the pellet export industry is already seeing growth, solidifying the certainty of a prosperous 2012.
The Northeast U.S. is stepping up to take a seat in the pellet export arena this year, as at least two ports in Maine prepare to begin sending shipments as early as this month. They’ll jump start what I anticipate will be a hotbed of action in that region, finally cashing in on a number of advantages including proximity to Europe. With significantly cheaper freight costs, I think the Northeast will prove to be a contender for the already robust export industry in the Southeast.
But not to be outdone, the Southeast is expanding some of its port infrastructure, too, including in Georgia, a state that has been no stranger to Europe’s pellet industry growth and soaring demand.
