CellMark Signs Wood Pellet Off-take Agreement with SaraRasa
CellMark Energy recently signed an off-take agreement with Indonesia based biomass supplier SaraRasa Bioinde. SaraRasa is a biomass industry pioneer in Indonesia and the first company with a large-scale pellet operation. Their use of sustainable waste materials has been a highly influential factor in signing this agreement, as CellMark Energy specializes in renewable energy marketing and logistics.
According to the agreement, worth a minimum of $ 1.5 million, CellMark will purchase a majority portion of the wood pellets produced by SaraRasa. Through this agreement our Energy team gets the opportunity to provide end-users in Japan and South Korea with renewable energy, while SaraRasa can focus on optimizing its production and increase its capacity. CellMark is proud to be able to contribute to further establishing an emerging wood pellet producer focusing on sustainability.
For further information, please contact CellMark Pulp’s Energy team at:
CellMark Asia Pte Ltd, Singapore
Tel + +65 6737 1137