On 12th March 2018, Pinnacle Renewable Holdings announced approval to commence the redevelopment by Smithers Pellet Limited Partnership (SPLP) of an existing particle board facility in Smithers, British Columbia, to a wood pellet production facility.
The facility, which is connected via direct rail link to Pinnacle’s Westview Port Terminal, will have an annual production capacity of 125,000 tonnes. Initial wood pellet production at the facility is expected to commence in the third quarter of 2018. Wood fibre supply for the facility and customer off-take agreements for its annual production have been secured under long-term contracts.
Pinnacle has 70% interest and West Fraser Timber has a 30% interest in SPLP.