UPDATE: NZTE probes wood fibre supply concerns for proposed $180M Chinese plant in Kawerau

Thu, 07 Sep 2017

(Adds Fenglin comment starting in 8th paragraph) By Tina Morrison Sept. 8 (BusinessDesk) - New Zealand Trade and Enterprise, which has encouraged a Chinese company to invest in a $180 million wood processing plant in the Central North Island to boost regional development, is now looking into whether there is enough wood fibre available to supply the plant following concerns from local industry. China’s Guangxi Fenglin Wood Industry Group announced plans earlier this year to establish a plant in Kawerau by 2020 to produce 600,000 cubic...

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