Spanish company PRODESA continues its international expansion with signing an agreement with Portuguese paper company PORTUCEL to collaborate in a new pellet plant project in Greenwood County, SOUTH CAROLINA (USA). The future installation will have a pellet production capacity of 460.000 tons/year.
PORTUCEL started working on this project in 2012 and finally, three years later, under the name of “COLOMBO ENERGY” the Portuguese company has reached an agreement with all the suppliers of different lines and has started the site construction. The total project cost is estimated at US$ 110 million.
PRODESA will supply the dry milling and pelletizing island, where 5 hammer mills and 15 pellet mills will be installed. Operation of the plant will begin in the third quarter of 2016. Produced pellet will be of the highest industrial quality (I1) and used for co-combustion in power plants.
Prodesa is participating as exhibitor at CMT’s 6th Biomass Pellets Trade & Power summit to be held from the 14-19 September in South Korea.