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Wood pellets are widely used globally as co-firing or replacement fuel for traditional power plants and boilers using thermal coal. With scientifically proven traceability and potential carbon capture technology, wood pellets are considered a decarbonizing fuel. In light of energy transformation, we engage in wood pellet trading exclusively with suppliers holding reliable traceability certifications. Given market turbulence, we visit factories to verify production capabilities and the execution of traceability plans, offering our thermal coal clients decarbonization options.
Due to Taiwan’s unique geopolitical environment and limited reforested sources, we diversify wood pellet supplies from multiple countries, ensuring stability, reliability, and sustainability through a portfolio approach. Additionally, we trade wood chips for paper pulp production. Palm kernel shell, a byproduct of palm oil production, is another item in our biomass trading portfolio. Its stable supply and manageable risk of dust explosion make it viable. We also emphasize verifying its traceability and sustainability.
Our efforts support energy transformation and decarbonization for thermal coal users and promote healthy reforestation, aiming to provide a better world for future generations.