ARCHIVES
Foresters take aim at farmers
31 August 2017
Major forest owners and wood products makers have taken a collective potshot at farmers in their submission to the Productivity Commission’s inquiry into shifting to a low-carbon economy.
Exchange rate lowers log returns
21 August 2017
While Chinese demand remains resilient, exchange rate movements have stifled recent returns for New Zealand log exporters with wharfgate values down about $2 a tonne.
Nelson Forests sale in third quarter
11 August 2017
The New Zealand Superannuation Fund is unlikely to be in the running to buy a bigger stake in Nelson Forests, with the sale due to kick off shortly.
Sales peak but profit down
1 August 2017
Summit Forests NZ, a forestry business owned by Japan’s Sumitomo Corp, posted a 39% increase in annual sales, largely driven by demand for logs in export markets.
Tenon delists from NZX
31 July 2017
As previously advised to the market, Tenon will be delisted from the NZX Main Board
ETS win and loss for foresters
27 July 2017
Foresters got a win and a loss in the Government decisions in phase two of the Emissions Trading Scheme review but no answers for up to 18 months on critical accounting treatment issues.
Forest exports steady and rising
21 July 2017
Forestry exports in the year to June 30 were worth $5.5 billion, the Primary Industries Ministry has estimated
Carbon price jumps
19 July 2017
The New Zealand carbon price has rallied this month as emitters who sought to repurchase units at the start of their new financial year were confronted with limited supply as foresters held tightly to their stash.
GE deals, foods ring alarm bells
5 July 2017
Increasing New Zealand ties to genetic modification industries as a result of business deals are ringing alarm bells for pressure group GE-Free NZ.
Tenon to return another US$4.7m
5 July 2017
Tenon, which is preparing to wind up as a company after agreeing to sell its remaining North American and New Zealand businesses, expects to have a cash surplus of about US$4.7 million to return to shareholders after liquidation.
