Fenglin tries a third wood venture, this time near Gisborne

Fenglin tries a third wood venture, this time near Gisborne
Gavin Evans
China’s Guangxi Fenglin Wood Industry Group is in talks with Trust Tairawhiti to develop a wood processing facility near Gisborne.The firm, which had been planning a development at Kawerau, said it had recently signed a letter of intent to collaborate with the trust to develop a facility which ultimately could process up to two million tonnes of logs annually.Wang Gaofeng, chief executive of Fenglin’s New Zealand arm, said a feasibility study the company had been working on with the trust demonstrated the potential of the local forestry resourc...

More Primary Sector

Synlait’s George Adams wants to stay, if shareholders let him
Primary Sector

Synlait’s George Adams wants to stay, if shareholders let him

Chair punches back at “dead rat” criticism of capital raise proposal.

Ravensdown sells central NI lime operation to Palmers Resources
Primary Sector

Ravensdown sells central NI lime operation to Palmers Resources

The fertiliser co-operative is also closing one of its Northland quarries.

Riley Kennedy 11 Sep 2024
Farming investor Dairy Farms NZ posts $2.4m loss
Primary Sector

Farming investor Dairy Farms NZ posts $2.4m loss

The company's seven farms across the South Island are going on the market.

Riley Kennedy 11 Sep 2024