Foresta signs supply deal with PF Olsen

Foresta signs supply deal with PF Olsen
A deal with PF Olsen will supply Foresta's facility in the Bay of Plenty.
Murray Jones
Australian company Foresta has signed a 10-year supply agreement with PF Olsen. The ASX-listed company has confirmed the deal to receive 150,000 tonnes of logs stumps and slash for its manufacturing facility in Kawerau, Bay of Plenty. Foresta intends to build New Zealand’s first industrial-scale plant to make biomass fuels to replace coal.PF Olsen is New Zealand's largest independent forestry provider and has been running for more than 50 years. It is responsible for planting about 30% of all new forestry in NZ: about 160,00...

More Primary Sector

Alliance Group on path back to profit
Primary Sector

Alliance Group on path back to profit

It now needs north of $200 million of capital to restore its balance sheet.

Riley Kennedy 23 Apr 2025
Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025