Environmental Regulations

Woodworking Industry News

Is sun setting on Enviva's future?

In 2022, Maryland-based Enviva was riding high. For the second year in a row, revenue topped $1 billion, up 24% from two years prior. In April of that year, stocks hit a peak of $87 per share, and multiyear contracts were signed with customers across the European Union, United Kingdom, Japan and South Korea.Enviva, the world's largest bioenergy firm in the world, dominated the global market for wood pellets used by the energy industry.