PACBIO President Speaks at PG Chamber Luncheon

On Thursday, June 13, PacBio President John Stirling was the keynote speakers at the Prince George Chamber of Commerce luncheon. He told the audience of about 60 that PacBio has been a bioenergy leader in Prince George for the past 25 years and credited the vision of John Swaan and support of Carrier Lumber for getting the company started. John talked about the positive partnerships that PacBio has with groups in the community such as UNBC, PG Humane Society, Prince George Chamber of Commerce and the City of Prince George. He told the audience that unlike the lumber and pulp & paper industries, the wood pellet sector doesn’t experience the ‘highs & lows’ of cyclical markets but has seen steady, stable growth since the 1990s. He said new partnerships with companies like Sumitomo Corporation of Japan will mean long-term contracts for wood pellets for the next 15 to 20 years. John said one of the key challenges to further growth for the BC Wood Pellet sector is access to fibre that the lumber and pulp & paper sectors don’t want. He said that PacBio and other pellet producers continue to work with the Province of BC, communities and First Nations to resolve the challenge.