BOULDER, CO— To bolster its new torrefied wood pellets venture, Vencor International  tapped industry expert, James Gaspard as the company’s new CEO to lead the new business.

Vencor to Manufacture Torrefied Wood PelletsTorrefied wood pellets are made from timber field waste using a process called torrefaction. Torrefied wood pellets are a renewable energy source that can replace traditional coal.

Gaspard said his background includes “converting timber waste into a high quality charcoal-like material.” The knowledge will help grow Vencor into a “large player in the torrefied pellet business,” he said.

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