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Drax Biomass awarded Lantern Award

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Dry Bulk,

Drax Biomass has received The Lantern Award for its dedication and commitment to Louisiana communities. The award was handed out personally by the Louisiana Economic Development Secretary Don Pierson.

The Louisiana Economic Development launched The Lantern Award in 1979, to recognise businesses that have made a substantial contribution to the economic and civic development of their communities. It is a highly competitive process, and nominees must have the support of state officials and leading civic organisations.

“We’re proud of the role that we play in the areas in which we operate and as we grow as a business we feel strongly that the communities around our operations should grow as well,” said Pete Madden, President and CEO of Drax Biomass. “This is a significant achievement and demonstrates that our hard work on local economic development is highly valued and recognised in Louisiana.”

Winners are selected by Louisiana’s eight Regional Planning and Development Districts.

Drax Biomass began construction on its Morehouse BioEnergy facility in Bastrop, LA in early 2013. Since breaking ground, the Morehouse BioEnergy plant has become a major contributor to the region’s economy. The plant maintains almost 65 full-time employees and supports approximately 150 additional jobs across the forestry, hauling, and transportation sectors. Drax Biomass is also contributing to the revitalisation of the local wood products sector, which has suffered in recent years from the closure of several large-scale paper mills.

Drax Biomass is committed to expanding its positive presence and supporting the communities in which it operates by promoting sustainable forestry and investing in local economic development.

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