Pinnacle Renewable Energy Inc. (PL) 2019年年度报告「TSX」.pdf

1、Westview TerminalPrince RupertAnnual Throughput Capacity:2,500,000 MTHouston FacilityAnnual Production Capacity:220,000 MTBurns Lake FacilityAnnual Production Capacity:380,000 MTFibreCo TerminalNorth Vancouver,BC Annual Throughput Capacity:1,500,000 MT5Aliceville FacilityAnnual Production Capacity:3

2、00,000 MT1DemopolisTarget Annual Production Capacity:360,000 MTArmstrong FacilityAnnual Production Capacity:72,000 MT To our shareholders,Our second year as a public company was a difficult one.It was also a year where we identified and took steps to realize on a number of opportunities to strengthe

3、n our platform and drive growth in long-term shareholder value.We are confident the steps we took in 2019 were the right ones.And while it will take some time for the full benefit of these steps to be realized,we trust you will feel the same.In the next few paragraphs,weve outlined some of the key i

4、ssues that arose in 2019 and how we dealt with the matter.Your feedback is welcomed at .Early in the year,we suspended operations at our Entwistle facility due to a fire that caused damage to the dryer and surrounding equipment.While we resumed partial operations using dry fibre by the end of March,

5、reduced production for the remainder of the year impacted the mills operational and financial performance.By the end of 2019,we were pleased to resume full operations at Entwistle,with production meeting the expected commissioning curve following the restart.As part of the rebuild,we implemented add

6、itional safety measures and improvements to Entwistles dryer process and leveraged key learnings to implement relevant improvements across our facilities.Our many thanks go out to the team for the professional management and effort to safely bring this facility back into operations.At the end of Q2