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


CHH and Receiver progressing on joint log export

Media Release 17 January 2003 follows. Embargoed Until: Immediate Release

CHH and Receiver progressing on joint log export entity

Carter Holt Harvey confirmed today that good progress is being made toward the formation of an independent, joint log export entity.

Chief Operating Officer Devon Mclean said he expected the independent entity would be established by the second quarter of this year.

"This is an important development for Carter Holt Harvey and an opportunity for the wider industry. We believe there are considerable benefits for customers and industry participants in taking a more co-ordinated approach to the way we export logs."

The company confirmed that although Carter Holt Harvey and the CNIFP would be the founding shareholders, the intention remains to invite other industry participants to become involved.

"Our vision is for an independent export company with diverse industry ownership and involvement. First we need to get it up and running at a basic level so that others have something real to consider."

- ends -

© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>