Turkish MDF manufacturer Yildiz Entegre has signed two wood fibre supply contracts with AEG WoodFibre.
Under the contracts’ terms, the AEG WoodFibre division of Active Energy Group Plc will deliver up to 300,000 metric tonnes of hardwood fibre and 200,000 metric tonnes of softwood fibre.
These contracts are expected to generate revenues of over US$50 million in FY 2016 for Active Energy Group Plc.
Active Energy Group Plc is a supplier of the timberland management, development services, industrial wood fibre, and Biomass coal replacement fuels.
Source: Lesprom Network / Edited by Panels & Furniture Asia