E-Pellets to expand operations in Georgia

By Staff | September 01, 2014

E-Pellets Group LLC recently acquired the Louisiana Pacific OSB mill in Athens, Georgia, and plans to convert it into a 450,000-metric-ton-per-year wood pellet production facility. Pellets produced at the plant will be exported to the European Union for use in power plants. The closed mill was purchased for $13 million and is expected to cost $107 million to convert. The project is expected to be operational by August 2015.

The closed mill in Athens is not the only underperforming production facility E-Pellets has purchased in Georgia. Sega Biofuels LLC in Nahunta was purchased by the company to expand production volume to 150,000 metric tons. E-Pellets plans to continue this activity in the pellet industry. “We see an opportunity to be the largest Georgia-based producer of pellets, taking advantage of the state resources,” said Ben Easterlin, developer with the E-Pellets Group.