US wood pellet producer Enviva Partners has signed four new long-term take-or-pay offtake agreements with several Japanese buyers totalling more than 1mn t/yr. Three of the new agreements are due to start delivering in 2022. The largest of these is a 17-year contract to supply 340,000 t/yr of wood pellets to a coal-to-biomass conversion that is being developed by “a group of Japanese industrial leaders”, Enviva said. The agreement is subject to conditions that Enviva expects to be met by the fourth quarter.
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