06.02.10. Two internationally renowned companies, Mitsubishi Corporation and
Weyerhaeuser Company, have signed a Strategic Memorandum of
Understanding and will now discuss the possibilities of joining forces
and heading into the biomass-to-energy industry.
Mitsubishi, Japan’s largest general trading company has over 200 bases
in approximately 80 countries and could join forces with Weyerhaeuser,
one of the world’s largest forest products businesses, to construct a
biomass refinery.
An industrial bio-pellet production facility looks to be the first
project, with these two giants showing particular interest in jointly
investing and operating a biomass-to-energy plant in the US that will
be up and running by 2011.
The president and CEO of Weyerhaeuser Dan Fulton said: ‘Weyerhaeuser is
committed to developing sustainable and renewable energy solutions for
a carbon-constrained world. This opportunity has the potential to offer
a significant renewable energy option here in North America and beyond
while also creating green jobs in our operating communities.’
The union of these two firms brings together the strengths of both.
Mitsubishi has networks worldwide as well as experience in the energy
sector and bio-pellet production industry. Not only does it operate two
bio-pellet refineries in Japan but Mitsubishi is also involved in the
management of a bio-pellet manufacturer in Germany.
Weyerhaeuser has the ability to produce enormous amounts of sustainable biomass thanks to its managed forests.
Biofuels International








