Botwood eyes wood chip project as biofuel plant bites dust

A U.K.-based company has set up shop in central Newfoundland with hopes of shipping wood fibres across the ocean and bringing hundreds of jobs to Botwood.

Details of the proposal are emerging in the wake of news that an earlier proposal by a different company to set up a biofuel plant in the town will not go ahead.

Bulk Logistics has set its sights on the 285,000 cubic metres of wood fibres once belonging to Abitibi, which fueled industry in Botwood for decades.