World Sentinel | General Biofuels Canada Agrees to Acquire Land in the City of Terrace for New Wood Pellet Plant

World Sentinel | General Biofuels Canada Agrees to Acquire Land in the City of Terrace for New Wood Pellet Plant
The City of Terrace and General Biofuels Canada have reached an agreement on terms to purchase property for a wood pellet facility in Terrace, British Columbia. General Biofuels Canada will be utilizing wood supply obtained throughout the region to manufacture premium wood pellets. The wood pellet facility will be operating with an initial capacity of 150,000 – 200,000 metric tonnes per year, growing to a capacity of up to 500,000 metric tonnes per year in the next several years. David Smith, Vice President of Corporate Development of General Biofuels, states: "General Biofuels Canada is committed to developing a significant presence in the wood pellet industry in northern British Columbia. We´re excited to be working with the City of Terrace and look forward to a successful project."