Canadian Biomass Reports on Wood-Pellet Heating Company with UMaine Roots
Canadian Biomass reported on Pelletco LLC, a startup company in Orono, Maine with University of Maine roots, that is trying to convince midsize businesses in New England that they can save money by converting from heating oil to wood pellets without buying any fuel or equipment. Pelletco spun off from a UMaine effort to create a high-energy fuel pellet for industrial use by mixing plastic with wood. It won a $25,000 grant from the Maine Technology Institute last year to test the pellets for commercial production.