Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Fletcher Forests Welcomes Radiata Exp. Initiative


Fletcher Challenge Forests Welcomes Radiata Export Initiative

Auckland, 28 November 2002 – Fletcher Challenge Forests today welcomed the export initiative announced by Carter Holt Harvey.

Chief Executive Terry McFadgen said “This is consistent with the concepts we have been promoting within the industry for some time, and in principle we see many advantages for customers and New Zealand forest owners in a joint export entity. Common standards and processes should reduce costs of supply, and a joint entity should also assist the promotion of Radiata pine in new and developing markets, particularly in Asia.

“Fletcher Challenge Forests is discussing its potential participation in this entity with Carter Holt Harvey and the Receivers of the Central North Island Forest Partnership. Our focus is on ensuring that our customers and shareholders will benefit, and that the structure has world class governance processes” he added. He also noted that it was important that the views of customers and other potential New Zealand industry participants were reflected in the final arrangements.

Mr McFadgen noted that no decision was likely in the immediate future, and that there were many issues of detail to work through.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Retail: International Websites To Pay GST

New rules would be aimed at imported goods valued at or below $1,000. Customs would retain responsibility for collecting GST on imported parcels valued more than $1,000. More>>


High-Level Advice: PM’s Business Advisory Council Membership Announced

The Prime Minister’s Business Advisory Council brings together a mix of experts, six women and seven men with small to large business experience, from across New Zealand, to provide advice. More>>


Improving: Report Shows New Zealand Air Quality 'Good'

Our air 2018, produced by the Ministry for the Environment and Stats NZ, shows that while some previously known issues persist, progress has been made and levels of some pollutants are declining. More>>


Greenpeace: Govt Extends OMV Exploration Permit

The Government has just granted oil giant OMV a two-year extension to drill in the Great South Basin, despite issuing a ban on new oil and gas exploration permits in April. More>>


Collective Bargaining For Contractors: Working Group's Model For Screen Sector

A recommended model to allow collective bargaining for contractors in the screen sector has today been unveiled by the Government-convened Film Industry Working Group. More>>


Kauri Dieback: DOC Closing Tracks To Protect Trees

The Department of Conservation will close 21 tracks across kauri land to help prevent the spread of kauri dieback. An additional 10 tracks will also be partially closed and the open sections upgraded... More>>