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About NewFuels

Rezekne is the 7th largest city in Latvia, situated some 242 km from Riga, 685 km from Moscow, and 450 km from St.Petersburg. The city lies strategically where two significant lines of communication cross, namely motorways and railways of Riga-Moscow and St.Petersburg-Warsaw. Rezekne Special Economic Zone (RSEZ) has been launched and consists of 18 commercial enterprises. Since 2010 the pellet plant of SIA “NewFuels” RSEZ has joined, and now has become the  largest producer of wood pellets in Latvia. The pellet plant currently has a production capacity of circa 240 000 metric tons per annum. The Plant has been 100% financed from  foreign investment, which to date totals 23 million EUR.  This investment is currently one of the  largest investments made in Latgale region.

SIA “NewFuels” RSEZ carries out its activities in accordance with the highest industry requirements and has received all necessary quality certificates – SBP (Sustainable Biomass Partnership), EnPlus A2, GGL (Green Gold Label) and FSC Control.

Address: Atbrīvošanas aleja 169a, Rēzekne, LV-4604, Latvia.

The aim of the plant is to produce ecologically clean and economically reasonable source of energy using the forestry residues in its production.

The technological process starts by sorting the hardwood and softwood. After that the firewood passes through a chipper and is turned into chips which further are flaked and purified from contamination. Then this material is delivered to one of two dryers in order to remove excess moisture prior to pressing into pellets. Chips from forestry residues are also used in the furnace to produce heat for the drying. After passing through various technological processes the material arrives at the pelletizers and is pressed into pellets with a circumference of either 6 mm or 8 mm pellets. The pellets are then transported to Latvia’s sea ports for onward delivery to The Company’s international customers.

The production equipment has been purchased from the leading international companies in their respective fields of expertise as follows:

Chipper – CBI Magnum Force (42 tons) has been purchased from „Continental Biomass Industries, Inc.” (USA). It is powered by an electrical motor with 800 KW and has a capacity of 300m3 of chips per hour.

The flakers’ producer is German company “Maier” and total capacity of flakers provides the preparation of high quality raw material for entire production.

The supplier of almost 100 m long belt dryer is “Swiss Combi” (Switzerland) and its capacity reaches up to 14 t/h of dried material. The heat is provided by related company SIA “Atmosclear CHP” RSEZ biomass cogeneration plant.

Rotary drying drum – supplied by „Vandenbroek International” (the Netherlands) with a processing capacity of up to 17 tons of dry material per hour. The required level of  heat is being supplied by NewFuels’ 17 MW biomass furnace.

The furnace – was supplied by „Järnforsen Energy System AB” (Sweden).

Pelletizers – were supplied by CPM (California Pellet Mills). The plant currently operates with six pelletisers, all of which are able to process up to 31 tons of wood pellets per hour.

The company directly employs 55 people, but supports many other local businesses who benefit from the activity of pellet plant by either being involved in the supply of raw material or the provision of various other commercial related services.

Awards:The economic contribution to the city of Rezekne and investments have been recognised by Rezekne City Council thus company has received different awards:

  • Rezekne City Council awarded the company a prize for being the fastest growing company in 2011. The company also received an award from Rezekne Special Economic Zone for the significant contribution to the development of NewFuels.
  • In 2012 SIA NewFuels RSEZ received the appreciations in nominations ”The largest exporter”  and “The largest investments” among the large / medium enterprises. Rezekne Special Economic Zone (RSEZ) have awarded NewFuels first place in the competition for Company of The Year 2012.  NewFuels won in the category for medium sized enterprises.
  • In  2013 the NewFuels received the appreciation for being largest exporter and the most socially responsible enterprise in Rezekne
  • On August 22nd,  2014 The pellet plant NewFuels has been granted several awards among the group of large/medium companies  – 1st place within the nomination “The Largest Exporter”, 2nd place within the following nominations:  “The Most Rapidly Growing  Company”, “The Producer of The Year”,  “The Largest Taxpayer”, “The Investment of The Year”. In the competition for the Grant of The Year NewFuels received the acknowledgement for having the most socially responsible entrepreneurship.
  • On October 31st ,2014 within the frame of annual exhibition “Rezekne Entrepreneur” Rezekne City Council awarded NewFuels with recognition of  “Socially most responsible enterprise of the year and export contributor”.
  • On July 24, 2015 “NewFuels” RSEZ SIA received Certificate of Recognition for the contribution of RSEZ development in 2014 and the 1st place in the nomination “The Most Rapidly Growing Enterprise”; 2ndplace in the nomination “The Producer of the Year”; 3rd place in the nomination “The Investment of the Year” and “The Biggest Exporter”.

Visitors: The development of the company in Rezekne has not only been noticed by the local people, but has also attracted guests from many distant places as follows:

  • In February 2010, The USA Ambassador in Latvia Mrs Judith Garber visited the company (the guests from USA Embassy have visited us several times);
  • In June 2011, The Prime Minister Mr Valdis Dombrovskis visited the site;
  • In October 2011, The Company was visited by the delegation of diplomats from different Embassies in Latvia;
  • In February 2012, The President of the Republic of Latvia showed interest about pellet production on site;
  • In May 2012, the specialists from Committees of EU Structural fund and Cohesion fund observed the pellet production process;
  • Our pellet plant has also been visited by representatives from Rezekne City Council, Rezekne University as well as many other guests.