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

 

Scoop Business: Leighton-Led WGP To Build, Manage Transmission Gully

The Wellington Gateway Partnership, led by a unit of ASX-listed Leighton Holdings, has won the $1 billion contract to build the Transmission Gully road north of Wellington. More>>

ALSO:

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news