Canada: (BC): Wood pellet plant planned for Terrace

An agreement between Coast Tsimshian Resources (CTR) and Pinnacle Renewable Energy Inc. means the two will work toward the construction of a wood pellet plant for Terrace. The deal was announced today, with a release saying the two groups have signed an agreement to work towards developing a fibre procurement plan and a partnership wood pellet plant in Terrace. The plant – the location of which is yet to be confirmed – is expected to create close to 200 jobs.

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