News archive

Tag: forests

New Forests Asia attains Capital Markets Services Licence

11-06-2020
New Forests Asia (Singapore), Capital Markets Services (CMS) Licence, forestry investment

New Forests Asia (Singapore) Pte Ltd announces its newly attained Capital Markets Services (CMS) Licence, bolstering its capabilities as a Singapore-based fund manager. The CMS Licence enables New Forests Asia to conduct funds management for accredited or institutional investment clients. “We feel it is beneficial to be licenced here in …

The State Forests of Poland National Holding launch pilot project to use Timbeter to measure logs digitally

28-05-2020
Timbeter, Poland State Forests National Holding, pilot project, digital timber measurement

The Poland State Forests National Holding (LASY PAŃSTWOWE) launched a pilot project to use Timbeter in the Nowe Ramuki Forest District of the country. During the pilot project, the District will use Artificial Intelligence and machine learning technology for measurements, and digital reporting. (Image credit:Timbeter) It will also use, for …

New Forests appoints SFM to manage timber plantation assets purchased from Norske Skog

19-05-2020
New Forests, SFM, timber plantation assets, Tasmania

Tasmanian-owned and operated company SFM has been appointed by New Forests to manage the timber plantation assets purchased from Norske Skog after a competitive tender process. Now to be called Lenah Estate Pty Limited, the Tasmanian plantations were bought by Australian-based international forestry investor New Forests, on behalf of its …

New Forests converts $1.3 billion Australian Forestry Fund to long-term mandate

12-05-2020
International forestry investment manager, New Forests, extension, forestry management fund

International forestry investment manager New Forests announced the extension of its flagship forestry fund, the Australia New Zealand Forest Fund (ANZFF). Originally launched in 2010 as a 10-year, closed-end fund, ANZFF was converted into an extended long-term vehicle by agreement of the institutional investors in the fund. The extension includes …

FSC introduces transaction verification for all forests in China

20-04-2020
FSC, transaction verification, all forests, China

FSC will introduce transaction verification for all forests in China in 2020. This transaction verification will cover all FSC claims made between 1 January and 31 December 2019. All FSC forest management certificate holders in China are required to participate. Affected certificate holders will receive a direct notification from their …

PT Hutan Ketapang Industri (HKI) achieved certification to FSC forest management standards

13-04-2020
sustainable forestry, investor, New Forests, PT Hutan Ketapang Industri, HKI, certification, Forest Stewardship Council, FSC, forest management standards

International sustainable forestry investor New Forests announced that PT Hutan Ketapang Industri (HKI) achieved certification against the Forest Stewardship Council® (FSC®) forest management standards. HKI is the first large-scale rubber plantation to operate with FSC certification for latex. FSC certification is a requirement of New …

New Forests appoints Ents Forestry for planned hardwood plantation acquisition in Australia

01-04-2020
New Forests has appointed Ents Forestry, appointed, plantation assets, Peppermint Estate, Western Australian

Australia-based forestry investor New Forests has appointed Ents Forestry Pty Ltd to manage the plantation assets of Peppermint Estate Pty Ltd in Western Australian. Peppermint Estate is owned by New Forests’ Australia New Zealand Forest Fund 3 (ANZFF3), an institutional investment fund that targets long-term, sustainable management of …

Indonesia risks timber trade with EU after scrapping license rules

31-03-2020
Certification, Coronavirus, COVID-19, Environment, Forests, Global Trade, Illegal Logging, Illegal Timber Trade, Illegal Trade, Logging, Sustainability, Sustainable Forest Management, Timber, Timber Laws, Tropical Forests

By Hans Nicholas Jong, Mongabay News The European Union says a move by Indonesia to no longer require that wood exports be verified as coming from legal sources threatens the timber trade between the two sides. The EU has since 2016 put its trust in Indonesia’s timber certification scheme, the SVLK, to ensure that the wood it imports …

OneFortyOne New Zealand brand launches, replacing Nelson Forests name and logo

25-03-2020
Nelson Tasman and Marlborough business, Nelson Forests, rebrand, OneFortyOne New Zealand, acquisition

Well known Nelson Tasman and Marlborough business Nelson Forests has been rebranded as OneFortyOne New Zealand effective from 25 March 2020. The move follows on from OneFortyOne’s purchase of Nelson Forests (including Kaituna Sawmill, near Blenheim) in 2018. OneFortyOne CEO Linda Sewell says that nothing has changed in operational terms …

New Forests to acquire Tasmanian plantations from Norske Skog

11-02-2020
Australia, New Forests, Tasmania, Norske Skog, timber, forestry, plantation, pine, sustainability

Australia-based international forestry investor New Forests has agreed to purchase the Tasmanian plantations of a local subsidiary of Norwegian pulp and paper company Norske Skog. The purchase includes a net plantation area of more than 18,000 hectares of radiata pine in the south of Tasmania and an agreement for timber sales to the Boyer Mill, …

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News archive

Tag: forests

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