Maine Biofuels Plant Permitting In Process
Officials with the Castlerock Biofuels plant in Millinocket, Maine say permitting is in process and much of the engineering complete for the “biocrude” manufacturing plant that will produce 20 million gallons of institutional and commercial fuel annually. Built on the site of the former Great Northern Paper mill, the facility is projected to utilize 300,000 green tons of biomass material a year.
Castlerock Biofuels CEO John Murphy is excited that local landowners support the project and studies show feedstock availability that exceeds the plant’s needs. The $200 million plant is scheduled for commercial operation in 2027.
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Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a combined annual lumber production capacity of 350 MMBF. Chaleur also operates a woodlands management division based out of Miramichi that manages approximately 30% of the total…
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