“Increasing demand for pellets in Europe and decrease in ocean freight costs have created new opportunities for producers to export pellets from the US, South East Asia and recently Australia”. Poyry Forestry Industry Consulting.

Wood pellets are underpinning the emergence of a new commodities business in biomass. The key driver is bioenergy and Pöyry expects double digit growth in pellet markets over the next five years.

The wood pellet market is immature and the reliability of data on trade, prices, production capacity and actual production varies considerably between countries. Through its study, Pöyry hopes to establish an authoritative base of reliable data and analysis which can be used for strategic decision-making by existing or prospective market participants.

The global wood pellet market is and will continue to be a growth area. The current and future demand for wood pellets is strongly driven by the world’s need to develop renewable forms of energy and reduce greenhouse gas emissions.

“The wood pellet market is attractive, but highly complex”, said Ania Krolak, the study project manager. “It has attracted a high level of investment from both existing players expanding their operations and newcomers”. However she cautioned that there are threats as well as opportunities in this business.

Source from http://newenergyfocus.com/do/ecco/view_item?listid=1&listcatid=32&listitemid=3940&section=Bioenergy%20%26%20Waste posted on Wednesday, 19 May 2010.

Obtain more insights from Poyry & Poyry Forestry Industry, Indonesia when they deliver 2 key presentations pertaining to Wood Pellets at the Biomass Pellets Trade Asia on 27 -28 Sep, 2010 in Jakarta. The topics that they will address are:

GLOBAL PELLET MARKETS OUTLOOK & GROWTH OF BIOMASS CO-FIRING
Saku Rantenen, Head of Bioenergy, Asia-Pacific Consulting, Poyry

&

KEY CONCEPTS FOR SETTING UP AN INTEGRATED FORESTRY
TO PELLETS PRODUCTION FACILITY
Tony Wood, President Director, Poyry Forestry Industry, Indonesia

Click here for more information on the rest of speakers and topics line-up for Biomass Pellets Trade Asia.

Those keen to register, or explore sponsorship and media exchange opportunities, can enquire with Ms. Reema Patnaik at reema@cmtsp.com.sg.

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