As part of the deal, Cate Street Capital pellet manufacturing subsidiary Thermogen Industries will use Zilkha’s patented technology to produce black pellets at their Millinocket, Maine location, in US.
Thermogen, which will produce around 300,000 metric tons per year of water-resistant black pellets, will supply this biomass product to the renewable energy market.
Zilkha Biomass Energy CEO Jack Holme said that Thermogen is the ideal partner for this kind of collaboration.
"Thermogen Industries is strategically located in the northeast of the United States, and they have the infrastructure to greatly increase the supply of the Zilkha Black Pellet," Holme added.
Zilkha said that its Black pellet is the ideal choice for converted coal units as well as co-firing markets in Europe and Asia.
