BioPower Sustainable Energy Corporation (BioPower) has acquired the assets of the former Rentech pellet plant in Atikokan. BioPower is a subsidiary company of True North Timber (TNT) in Chapleau, Ontario.
During December 2017, the company agreed to acquire the assets of Rentech Atikokan, which manufactures commercial grade wood pellets for the Ontario Power Generation (OPG) station near Atikokan. The acquisition of assets was completed in January 2018 with 25 local jobs maintained.
BioPower Sustainable Energy Corporation will sell commercial pellets as well as residential heating pellets.