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

 

Trans-Tasman forestry venture up and running

Trans-Tasman forestry venture up and running

Forest Research and Australia’s CSIRO announced today that ensis, their new joint venture in forest industry research and development, has commenced trading.

Following two years of committed effort by the two leading forestry R&D agencies in both countries, ensis has been established to strengthen competitiveness and research capacity of the Australasian forest, wood and paper industries.

Dr Paul Cotterill, Chief of CSIRO Forestry and Forest Products and Bryce Heard, Chief Executive of Forest Research said today that the increased scale and depth of research capacity will place ensis in a strong position to deliver a full range of science and technology services for public and private sector clients.

“ensis will enhance the ability of both nation’s forestry industries to develop world-class products and services by making the most of the R&D and science investment synergies existing between the operations of CSIRO and Forest Research,” Mr Heard said.

The ability to access forestry research and development via a single point of entry has been welcomed by the industry. A major focus of the joint venture will be on securing and developing strategic partnerships with key sector players.

ensis comprises four R&D business units: Pulp, paper and packaging – optimising processes and products. Wood and wood products – ensuring the place of wood in a modern market. Tree improvement and germplasm – breeding better forests for maximum returns. Wood and fibre quality – linking quality to value.

At start up, ensis will have around 180 science and technical staff, with annual revenues of approximately $30 million. General Managers have been appointed for each business unit, and the appointment of a Chief Executive is expected soon.

The Australian and New Zealand Ministers of Science announced the deal between Forest Research and CSIRO in April this year. (ANZAC deal gives major boost to forest products industry).

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

ALSO:

Fletcher Whittled: Fletcher Dumps Adamson In Face Of Dissatisfaction

Fletcher Building has taken the unusual step of dumping its chief executive, Mark Adamson, as the company slashed its full-year earnings guidance and flagged an impairment against Australian assets. More>>

ALSO:

No More Dog Docking: New Animal Welfare Regulations Progressed

“These 46 regulations include stock transport, farm husbandry, companion and working animals, pigs, layer hens and the way animals are accounted for in research, testing and teaching.” More>>

ALSO:

Employment: Most Kiwifruit Contractors Breaking Law

A Labour Inspectorate operation targeting the kiwifruit industry in Bay of Plenty has found the majority of labour hire contractors are breaching their obligations as employers. More>>

ALSO:

'Work Experience': Welfare Group Opposes The Warehouse Workfare

“This programme is about exploiting unemployed youth, not teaching them skills. The government are subsidising the Warehouse in the name of reducing benefit dependency,” says Vanessa Cole, spokesperson for Auckland Action Against Poverty. More>>

ALSO:

Internet Taxes: Labour To Target $600M In Unpaid Taxes From Multinationals

The Labour Party would target multinationals operating in New Zealand to ensure they don't avoid paying tax if it wins power and is targeting $600 million over three years through a "diverted profits tax," says leader Andrew Little. More>>

ALSO: