Active Energy Group divisions will operate under own identities

Active Energy Group (AEG) announced that from December 2015 each of group’s three trading divisions will operate under its own distinct identity:

  • AEG TimberLands: Forestry Asset Management and Development
  • AEG WoodFibre: Processed Wood Fibre for Medium-Density Fibreboard (MDF) Manufacturing
  • AEG CoalSwitch: Biomass Coal Replacement Fuels and Fuel Processing Systems

At the same time, AEG informed that it is unveiling a new corporate identity that aims to reflect its diverse trading operations, and emphasise its company-wide focus on providing commercial solutions that protect the environment and enhance the value and sustainability of the planet’s natural resources.

Earlier Active Energy Group’s CEO purchased the company’s shares.

About Active Energy Group:

The company is London Stock Exchange AIM-listed international supplier of industrial wood chip and timber, Biomass for Energy (BFE) fuel products, and forestry asset development services. The company has several operational set-ups in different segments: in Ukraine, Canada, the U.K and the U.S. It is the largest producer and exporter of processed wood products (in the form of wood chip) in Ukraine. In 2014 it reported revenues of USD 17.395 million.

Source: Woodbizforum