Verdo sign five year deal with AfriRen for wood chip

Danish Utilities group VerdoAfriRen

Rubber trees at the end of thier useful life are harvested and processed into wood chip.  The harvested area is then regenerated and replanted with new trees.

AfrRen says the metric tonnage to be exported, amounts to approximately 750,000 tonnes which effectively doubles the biomass exports from Africa into Europe.  At current European market prices for woodchip the deal is worth roughly 10 million euros per year.