WPAC meeting focuses on rapid growth
The global wood pellet industry has grown by a compound annual rate of 23 percent since 2000, said Gordon Murray, executive director of the Wood Pellet Association of Canada, during the opening of the WPAC’s annual general meeting. More than 300 industry professionals took part in the event, which kicked off Nov. 18 in Vancouver, British Columbia. Robert Tarcon, general manager of Premium Pellet and WPAC present, noted that attendance had more than tripled since the previous year.
The event featured six panels addressing topics ranging from export logistics to sustainability and the learning curve associated with the fast-growing pellet export market.
According to information presented at the event, Canada exported 1.6 million metric tons of pellets to Europe in 2012, with most going to the U.K. The quickly increasing demand has put a strain on producers. The resulting “capacity gap,” or inability to meet current and future demand with existing capacity, has generated significant excitement in the Canadian pellet industry.