Posted on January 21, 2010.

The City of Terrace and General Biofuels Canada (GBC) has reached an agreement on terms to purchase property for a wood pellet facility in Terrace.

GBC will be utilizing wood supply obtained throughout the region to manufacture premium wood pellets. The wood pellet facility will be operating with an initial capacity of 150,000 – 200,000 metric tones per year, David Smith, Vice President of Corporate Development, states, “ General BioFuels Canada is committed to developing a significant presence in the wood pellet industry in Northern British Columbia. We’re excited to be working with the City of Terrace and look forward to a successful partnership and future.”

GBC hopes to start construction of the plant by the middle of 2010, with production starting in 2011. The plant will employ an estimated 40 people, with additional indirect employment in fibre supply and transportation.

GBC is committed to long term relationships in the Northwest region and is focused on leveraging underutilized fibre supply ensuring the sustainable management of the forest.

GBC’s mission is to create fuels that reduce greenhouse gasses globally. These fuels will supply a full range of demand, including transportation (bio-diesel), electric generation (bio-fuel and bio-mass), and heat generation (bio-mass).

GBC aims to operate a network of facilities supplying sustainable harvested fuels to energy consumers around the globe.