Tag: Maryland

History Channel “Ax Man” Buckin’ Billy Ray Smith endorses soy-based chainsaw oil

History Channel “Ax Man” Buckin’ Billy Ray Smith endorses soy-based chainsaw oil

March 25, 2024 |

In Maryland,  U.S. Soy and Stanley Black & Decker outdoor brand DEWALT have developed soy-based Bar & Chain Biodegradable Oil for chainsaws and other chain-driven equipment. According to Ag Daily, the environmentally friendly oil is available at Home Depot and online retailers like Bomgaars, Mac Tools, Grainger, and Amazon. The product was endorsed by Buckin’ […]

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Enviva enters into two Restructuring Support Agreements to reduce debt by $1B

Enviva enters into two Restructuring Support Agreements to reduce debt by $1B

March 13, 2024 |

In Maryland, Enviva Inc. has entered into two Restructuring Support Agreements: one RSA with an ad hoc group of holders representing approximately 72% of its senior secured credit facility, approximately 95% of its 2026 senior notes, approximately 78% of bonds related to its Epes, Alabama plant currently under construction, and approximately 45% of bonds related […]

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Enviva filing for bankruptcy following bad futures play

Enviva filing for bankruptcy following bad futures play

February 20, 2024 |

In Maryland, the Wall Street Journal reports the largest wood pellet exporter in the US, Enviva, is filing for bankruptcy following a bad move on the futures market that led to hundreds of millions of dollars in losses. It forced the company to miss a $24 million interest payment to bondholders earlier this month, although […]

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