A new programme launched today aims to boost mid-rise building construction using New Zealand-engineered and panelised framing timber and deliver a range of regional, social, environmental and other benefits.
19 Oct: 11:15 | A government scheme giving away mānuka seedlings could threaten future earnings from the trees according to botanists who say enthusiasm for planting is getting ahead of scientific understanding. Unitec associate professor Peter de Lange has been researching New Zealand mānuka and suspects there are at least three different types of mānuka in New Zealand, each with possible different properties. “Mānuka honey as an industry is going to make us quite a lot of money but in fact there are chemical compounds, essential oils in particular, that are way, way more valuable than mānuka honey.” De Lange…
SYDNEY & DUNEDIN, New Zealand & NEW YORK--(BUSINESS WIRE)--Jul 9, 2018--Forestry investment manager New Forests is pleased to announce its Australia New Zealand Forest Fund 2 (ANZFF2) has acquired a 38% shareholding in Wenita Forest Products Ltd (Wenita) and full ownership of the Otago Land Company, which holds 22,500 hectares of freehold land on which Wenita operates via forestry rights. New Forests is acquiring the assets from The Rohatyn Group (TRG), a specialised asset management firm with expertise in emerging markets and real assets, which first purchased the Wenita shareholding in 2005 in a joint venture with Chinese logistics company…
The New Zealand Institute of Forestry proposed the introduction of a new national policy for the industry at the sector’s annual conference in an effort to help the government “develop sound long-term strategies for forestry development."
Concerns that there may not be enough wood fibre to supply a new $180 million particleboard plant proposed for Kawerau have been quashed by an industry study which concludes "there is more than enough wood available" although it notes the increased demand
Sumitomo Forestry NZ, the local unit of the Japanese timber conglomerate, posted a record profit last year after buying the timber plantations of US forestry investor Hancock in 2016 to secure more supply for its wood processing plant
Apr 05, 2018 - Te Hiku Iwi opposes bringing forestry rights into the Overseas Investment screening regime, arguing they will have a material impact on the value of their land and compromise their ability to attract overseas partners