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

 

Drones: First Certificate Issued Under New UAV Rules

Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say the first certified flight of an unmanned helicopter under new aviation rules is a great example of how they can enable commercial use. More>>

ALSO:

GE Swedes And Cow Deaths: Plant Analysis Backs Up Earlier Advice

The industry body is recommending that farmers do not feed Herbicide Tolerant (HT) swedes to cows in spring when the animals are in late pregnancy or early lactation. DairyNZ is also advising caution if farmers are considering other leafy varieties. More>>

ALSO:

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news