Peak Renewables Announces SYP Pellet Mill in Alabama

Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area.

Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross-laminated timber plant and upcoming glulam facility in Dothan.

Peak and SmartLam have some common ownership, including longtime sawmill construction and equipment supplier Brian Fehr. Scott Bax, formerly COO with Pinnacle Renewable Energy, is the CEO of Peak, which is also a partner in a proposed OSB facility in Prince Albert, Saskatchewan called One Sky Forest Products.

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Forisk’s 2018 Lumber And Structural Panel Projections

Forisk projects U.S. softwood lumber consumption of 49.8 BBFT in 2018. This represents a 3.7% increase from our 2017 forecast of 48.1 BBFT and is 5.4% higher than 2016 actuals of 47.3 BBFT. Softwood lumber consumption increased every year since 2009, but remained...

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