Fast-track consent process too slow for wood pellet and chemical company Foresta

Turning pine trees into black gold is Foresta's aim. (Image: DepositPhotos)

Tue, 23 Apr 2024

A company trying to start industrial-scale biomass production in New Zealand says it is hoping for a fast-track consent, but that is not coming fast enough for its liking.Australian-owned company Foresta is turning its focus to NZ and putting together the pieces in the puzzle to build a wood chemical and pellet plant in Kawerau.It has a supply deal for timber and a customer for torrefied wood pellets, and it is now looking to build a plant that will extract chemicals from the wood and then make the pellets from the remaining wood.The torrefied...

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