QUITMAN, Miss. (PRWEB) December 22, 2017
BTH Quitman Hickory LLC looks forward to expanding its existing torrefaction plant.
“We are confident in the future of the torrefied biomass market and believe it is it reaching a positive inflection point in demand which will result in significant future growth,” said Neal Smaler, President of BTH Quitman Hickory. “In order for us to accommodate that demand we need to expand production and invest additional capital. Prior to such investment it is necessary to reorganize our complicated debt structure and as a result we filed a Chapter 11 reorganization proceeding on December 10, 2017.”
BTH Quitman Hickory LLC owns a torrefied wood pellet plant in Quitman, Mississippi. The plant is the industry leader in the commercial production of torrefied biomass pellets, an innovative renewable energy source that integrates seamlessly into existing coal-fired systems, enabling power plants to generate clean energy with low capital investment and short conversion time.
About BTH Quitman Hickory
BTH Quitman Hickory is the world’s largest torrefied pellet producer. Its plant in Quitman, Mississippi is the first commercial scale biomass torrefaction facility in the USA.