Wood pellets — the group's newest line.

The wood pellet activity grew out of the group’s Finnish wood business, begun in 2020, and is currently sold under the P&C name. Pellets are produced in Egypt at the Shebin El-Koom Free Zone.

Where the line is heading

Industrial and heating pellets are traded on their certified quality — the reference specification is ISO 17225-2, and the European market certification is ENplus (grades A1, A2 and B), which covers calorific value, moisture, ash content, fines, mechanical durability and raw-material traceability. Reaching and certifying that specification is the stated next step for the line; until then, pellets are offered on a bulk, specification-on-request basis.

In Finland the group owns the KARA sawmill at Rääkkylä, North Karelia, currently under restoration — intended, among other purposes, as a source of the sawdust and shavings that pellet production needs.