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Press Releases

7/25/2000

WoodFuel.com Completes Delivery of 6,500 Tons of Woodfuel To Abitibi-Consolidated


Untitled Document

Tuesday July 25, 9:30 am Eastern Time

Company Press Release

SOURCE: WoodFuel.com

HOUSTON, July 25 /PRNewswire/ -- WoodFuel.com announced today that it completed the delivery of 6,500 tons of woodfuel under a major fuel order with Abitibi-Consolidated (formerly Donohue Industries, Inc.). The delivery began on June 1st and was completed June 30th. The woodfuel was delivered to Abitibi-Consolidated's newsprint mill in Sheldon, Texas. The facility has a newsprint production capacity of 477,800 mt/y.

``We obviously are very excited about our new working relationship with Abitibi-Consolidated,'' said Scott Mactier, WoodFuel.com partner. ``With the size of their Sheldon facility and the company's ongoing feedstock demands, this relationship is expected to grow well beyond the current requirements.''

Mactier continued to state that, ``The order was very timely. WoodFuel.com had recently announced the signing of a Woodfuel Supply Agreement with NOVUS Wood Group (NOVUS) which matches up very nicely with Abitibi- Consolidated's woodfuel requirements. WoodFuel.com is all about providing an efficient market for buyers and suppliers of raw wood material. Our contract with Abitibi-Consolidated provides further validation of our concept and desire to be the largest woodfuel gatherer and supplier in the world.''

About WoodFuel.com

WoodFuel.com is an innovative, business to business, e-commerce company that provides an efficient market for buyers and suppliers of woodfuel online. WoodFuel.com also forms alliances with equipment and transportation companies to provide a virtual pipeline of woodfuel products. For more information, visit www.WoodFuel.com.

For more information contact:

Scott Mactier, WoodFuel.com 281.484.0052, Ext. 244 smactier@WoodFuel.com

SOURCE: WoodFuel.com



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