Enviva Pellets Acquires CKS Energy’s Biomass Fuel Operations
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Enviva Pellets, Richmond, Va., USA, a manufacturer of wood pellets and processed biomass fuel in the U.S. and Europe, announced this week that it has acquired CKS Energy Inc, Amory, Miss., a privately held company that manufactures wood pellets for industrial, commercial and residential uses. CKS is one of only a few U.S.-based companies with a successful track record of manufacturing and exporting sustainable, high-quality wood pellet biomass fuel for utility customers, many of whom are based in Europe where the use of wood pellets is well integrated into all areas of the energy sector.
In the coming months, Enviva intends to hire additional staff for the facility, which will be known as Enviva Pellets Amory, and expand its production from a current capacity of approximately 50,000 tons to more than 100,000 tons a year. The facility will primarily service Enviva’s long-term European customers, and raw biomass materials will be sourced locally.
"As we continue to increase our U.S. manufacturing footprint, we are particularly excited about this acquisition. Strategically, CKS is an excellent fit, providing Enviva with a robust and stable fiber supply chain and easy access both to our key European customers as well as to customers in the upper Midwest," Enviva Chairman and CEO John Keppler said. "Through this acquisition we look forward to increasing our production of sustainably manufactured wood pellets to meet increasing demand from utilities, power companies, businesses, and consumers in Europe and the U.S."
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