Insolvent Pellet Manufacturer in Lower Bavaria

Source:
IHB
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The Straubingen based pellet manufacturer Enviva, producer of the pellet brand 1Heiz filed for bankruptcy on Tuesday this week. Preliminary insolvency administrator is the lawyer Dr. Hubert Ampferl from Regensburg.
After acquisition of the former CompacTec plant in Straubing by the American Intrinergy/Enviva group in 2007, plan was to make Straubing the European headquarter of the group. At opening of the plant in 2006, a capacity of 140,000 to pellets per year was intended. But timber supply was always difficult on this site non-integrated. Lower production at sawmills and higher prices for sawmill by-products during the economic crisis allowed problems of Enviva to grow.

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