HOUSTON, April 25 /PRNewswire/ -- WoodFuel.com announced today
that it has entered into its first major woodfuel supply contract
with NOVUS Wood Group LP, one of the largest suppliers of Biomass
woodfuel and related products in Texas. Underscoring the company's
commitment to the development of e-commerce in its industry, NOVUS
Wood Group's former parent company, NOVUS Systems, Inc. has made
an equity investment in WoodFuel.com.
"E-business represents a tremendous opportunity for the
alternative fuel industry. WoodFuel.com's virtual pipeline of
woodfuel products is the answer to what our industry needs,"
said Bill Winters, president and CEO of NOVUS Wood Group. "WoodFuel.com
has created a way to streamline this very fragmented market, thus
making transactions more efficient for both the buyers and
suppliers of woodfuel products."
As part of this alliance, NOVUS Wood Group has agreed to put
under contract a majority of its annual production of woodfuel
products to WoodFuel.com. This supply agreement represents more
than 500 thousand tons of woodfuel product per year.
"This supply agreement with the NOVUS Wood Group
represents a giant step in validating our concept of the virtual
woodfuel pipeline and the need we will fill in the marketplace.
NOVUS Wood Group is an excellent strategic partner for
WoodFuel.com as we develop and grow our community," said
Scott Mactier, WoodFuel.com partner. "We look forward to
partnering with NOVUS Wood Group to expand our offerings and
explore how we can leverage e-commerce in the gathering,
purchasing and delivery of woodfuel products."
About NOVUS Wood Group
NOVUS Wood Group is a Houston-based firm that aggregates,
processes and delivers more than 500 thousand tons of wood fuel
product throughout Texas, Louisiana and Arkansas. In addition to
woodfuel, the company also produces a broad range of other
products, such as, Native Mulch, Colored Mulch, Bark Mulch,
Particleboard Furnish, Erosion Control Products and Playground
Fall Surface. For more information, visit www.novuswoodgroup.com.
About WoodFuel.com
WoodFuel.com is an innovative, business-to-business, e-commerce
company that links buyers and suppliers of raw wood material
online. WoodFuel.com also forms alliances with equipment and
transportation companies to provide a virtual pipeline of wood
fuel products. For more information, visit www.WoodFuel.com.
