WPAC: Promoting Japan-Canada Sawdust Particle Growth WPAC promotes Canadian wood pellets in Japan

PELLET

More than 100 representatives of Japan and South Korea attended the Canadian Wood Particle Particles Association (WPAC) and the Canadian Embassy in Japan hosted the Canadian Wood Particle Seminar.

More than 100 Japanese and South Korean customers and honor attended a Canadian wood pellet creed hosted by the Wood Pellet Association of Canada and the Embassy of Canada to Japan.

The Japanese market is good news for Canadian wood chips producers. As of 2014, Canada exported 62,000 tons of wood chips to Japan, but by 2016 it has reached 350% and then reached 272,000 tons. Canada currently accounts for 78% of Japan's imports of wood chips, and our goal is to maintain this trend. So far until 2030, Japan's imports of wood chips are expected to increase from the current 347,000 tons to more than 7 million tons per year.

As was as 2014, Canada exported just 62,000 tonnes to Japan, but by 2016, this had increased by a whopping 350 per cent to 272,000 tonnes. Canada presently accounts for 78 per cent of Japanese wood pellet imports and we aim to maintain this position. As impressive as these figures sound, by 2030, Japan's wood pellet imports are expected to increase from the current total of 347,000 tonnes to more than seven million tonnes per year!

On May 15, the Canadian Wood Chip Particles Association (WPAC) and the Canadian Embassy in Japan jointly hosted seminars and receptions at the Tokyo Embassy. More than 100 Japanese and Korean customers to participate. Including GS (GS Global), Hanwha, Kansai Electric Power, Mitsubishi Corporation, Mitsui Corporation, ORIX Corporation, Showa Shell, and so on. (Showa Shell), Sumitomo Corporation (Sumitomo Corporation) and so on.

On May 15, the Wood Pellet Association of Canada (WPAC) and the Embassy of Canada to hosted unineration a seminar and reception at our embassy in Tokyo. More than 100 Japanese and South Korean customers and admensive watch. Just a few of the notable companies included GS Global, Hanwha, Kansai Electric Power, Mitsubishi Corporation, Mitsui Corporation, ORIX Corporation, Showa Shell, and Sumitomo Corporation.

Our aim is to enable Japanese and Korean customers to understand the quality, reliability and sustainability of Canadian wood chips and to consolidate our reputation as a major source of supply. Trade Commissioner Rowena Ko served as a master of ceremonies at our symposium while using Japanese and English. Arun Alexander is a senior representative of Canada. Followed by the speeches of the following guests, including Gordon Murray of the Canadian Wood Particles Association, William Strauss of FutureMetrics, Scott Bax of Pinnacle Renewable Energy, Kerry Lige of Fiber Manufacturing, Sylvain Bertrand of Airex Energy, and Ontario Power Generation Brian Mori. The topics covered by the seminar include the advantages of Canadian sawdust particles, sawdust as an alternative to power generation, Canada's reliability as a source of supply, Canadian port logistics, carbonized particle production, and Ontario Power Generation's use of sawdust at Atikokan and Thunder Bay power plants Particle experience and so on.

Our Ambassador was to inform Japanese and South Korean customers about the quality, reliability, and sustainability of Canadian wood pellets and to cement our reputation as the premier supply source. Trade Commissioner Rowena Ko did an excellent job of acting as master of ceremonies for seminars Arun was followed by presentations from Gordon Murray of WPAC, William Strauss of FutureMetrics, Scott Bax of Pinnacle Renewable Energy, Kerry (hereinafter referred to as " Lage of Fibreco Export, Sylvain Bertrand of Airex Energy, and Brian Mori of Ontario Power Generation. We covered such topics as Canadian wood pellet opportunities; the benefit of wood pellets as a coal replacement for power generation; the reliability of Canada as a supply source ; Canadian port logistics; torrefied pellet production; and Ontario Power Generation's experiences with wo od pellets at its power plants in Atikokan and Thunder Bay.

There are several factors in Japan that drive the growth of the sawdust market, including the "best energy structure" strategy of the Ministry of Economy, Trade and Industry, which requires a significant increase in the use of bioenergy by 2030. "Energy Conservation Law" provides that thermal generators must meet at least 44% energy efficiency of fossil fuels, biomass is exempted; and 21 - 24 yen / KWHe on the electricity price system, equivalent to 0.25-0.28 Canadian dollars. South Korea's demand is also growing. The country has an existing renewable energy portfolio that requires renewable energy to increase from 10% to 10% by 2024, and biomass burning is the cheapest option. South Korea has also recently adopted the Renewable Energy Certificate System (REC), which is based on the type of electricity provided. At REC, dedicated biomass power generation suppliers increased by 1.5 times, making dedicated biomass power generation more profitable than co-firing, driving the new demand for sawdust particles.

There are several factors driving pellet demand in Japan including the Ministry of Economy, Trade, and Industry's Best Energy Mix strategy, which calls for a substantial increase in the use of bioenergy by 2030; the Energy Conservation Law, which provides that thermal generators must achieve lt; / RTI & gt; . The country has an existing renewable portfolio standard that calls for renewable energy to increase from its current level of 4 per cent to 10 per cent by 2024 with biomass co-fired being the cheapest option. energy certificates, where tradeable certificates are awarded on the basis of the type of electricity being provided. Under the REC system, suppliers of dedicated biomass power rec eive a multiplier of 1.5, making hard biomass power more profitable than co-firing, then then driving new demand for wood pellets.

The Canadian Saw Particles Association is very grateful to all the industry representatives who are attending, as well as the British Columbia Forestry Innovation Investment Market Program (B.C. Government) and Natural Resources Canada to expand the market opportunity program. Support for these two programs since 2012 has helped Canada's global exports of wood chips to grow by nearly 100 percent, from $ 208 million in 2012 to $ 410 million in 2016. We expect further growth in 2017 and the next few years.

WPAC gratefully acknowledges the efforts of trade commissioners Akira Kajita and Rowena Ko, senior trade commissioner Andrea Clement, and the rest of the team at the Canadian Embassy to Japan in Tokyo for their excellent effo