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


Joint log export entity progressing

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."

© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>