Princeton Standard Pellet

Princeton Standard Pellet Corporation, based in Princeton, British Columbia, is a prominent player in the wood pellet production industry. Established in 1995, the company specializes in manufacturing high-quality wood pellets primarily from sawmill residues at its 90,000 tonne per-year pellet plant. With a strategic location near the port of Vancouver and in close proximity to Drax Group's Armstrong and Lavington plants, Princeton Standard Pellet Corporation has positioned itself as a key supplier in the global market. The company's commitment to sustainability and green energy solutions aligns with international decarbonization goals, making it a pivotal player in the transition towards a low carbon economy. Princeton Standard Pellet Corporation's partnership with Drax Group, where around half of the plant's output is contracted, underscores its dedication to supporting UK security of supply and expanding pellet sales to Asia and Europe. This strategic collaboration enhances the company's market presence and solidifies its role in displacing fossil fuels from energy systems. Driven by a mission to become a world leader in sustainable biomass, Princeton Standard Pellet Corporation continuously strives to innovate and expand its production capacity. The recent acquisition by Drax Group signals a significant milestone in the company's growth trajectory, with plans to contribute to Drax Group's ambitious goal of reaching 8 million tonnes of pellet production annually by 2030. With a focus on meeting the evolving needs of its target markets and customer base, Princeton Standard Pellet Corporation remains at the forefront of the green energy revolution, poised for continued success and impact in the industry.