SOURCE: Forest2Market

Forest2Market

April 13, 2016 13:21 ET

Wood: An Abundant, Renewable Feedstock for Biofuels & Biochemicals Producers

CHARLOTTE, NC--(Marketwired - April 13, 2016) - For project developers and investors pursuing greener replacements for petroleum-based fuels and chemicals, the choice of feedstock is a critical early decision point. From algae and animal and vegetable fats to agricultural crops and municipal solid waste, the possibilities are numerous. As the oldest energy source on the planet, wood is a logical choice as a biofuels or biochemicals feedstock.

WHY WOOD? Wood works because it is:

  • Plentiful - The number of trees growing in  the U.S. has increased by over 50% in the past 60 years.
  • Available - The wood supply chain is  mature and stable; trees move easily from the forest to processing  facilities, keeping inventory needs low.
  • Renewable and sustainable - More trees  are grown than are harvested every year. Inventory growth in forests  outpaces harvest levels.
  • Scalable - Underutilized wood basins are  easy to identify; siting a facility in an underutilized wood basin allows  additional demand to be easily accommodated during scale up.
  • Flexible - Wood can be used both as a  primary feedstock (as an end-product raw material) or as a secondary  feedstock (as a source of process energy).
  • Clean and efficient - Wood is  cleaner than agricultural waste; wood not used in primary processes can be  used in secondary ones or sold.

According to Tracy Leslie, Director of Biomaterials and Sustainability at Forest2Market, wood has an additional benefit. "Timber has a long-term, reliable investment timeline. Unlike annual crops, which can be easily rotated and quickly move out of the market, it takes time to grow trees. Timber owners are committed to longer time frames. The length of the timber rotation period means that the quantity of wood supply can be forecast to provide a clear picture of future availability. Project developers, investors, lenders and government officials can all be assured that feedstock will be available to the processing facility throughout the life of the project as a result. This makes wood-based projects bankable."

ABOUT FOREST2MARKET

With solid pricing data, industry experience and third-party independence, Forest2Market provides participants in the wood, lumber, paper, bioenergy and biochemicals supply chains with business solutions that support fact-based decision making and planning. Now operating in North America, South America, Europe and Russia, Forest2Market is headquartered in Charlotte, NC. Visit us at www.forest2market.com to learn more about Forest2Market's biofuels and biochemicals project support services.

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