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

 

Forestry Leaders Combine To Develop China Market

12 August 2005

NZ Forestry Leaders Combine To Develop China Market

Rotorua industrialist, Phil Verry, executive chairman of Red Stag Timber Ltd, has been elected to the position of inaugural chairman of the board of New Zealand Wood Innovations (Asia) Inc, (WIA).

WIA has been formed by the six leading New Zealand wood processing companies to spearhead their combined strategy to develop the China market for New Zealand value added wood products.

Other members of the five person WIA board are:

Don Johnson - Pan Pac Forest Products Ltd Mike Wyse - Carter Holt Harvey Woodproducts Matt Bond - Weyerhaeuser New Zealand Aaron Sonnenberg - Gunns Veneers

The sixth member of WIA is TDC Sawmills.

The members of WIA are actively supporting the New Zealand Trade and Enterprise project to establish the New Zealand Wood Innovation Centre, in the CBD of Shanghai, China. The centre is scheduled to open in November 2005.

WIA chairman, Phil Verry, said the formation of WIA and the public/private partnership with NZTE had created the critical mass needed to establish the Shanghai Centre and to develop trade opportunities for all WIA members from the presence and work of the Centre.

“The slowdown now underway in Australasian housing markets means alternative markets such as China are increasingly important. The China market is huge and New Zealand needs to claim a permanent place in it. It makes sense for New Zealand companies to combine their resources to develop this opportunity” he says.

WIA will create and pursue strategies with its member companies to collectively develop business opportunities in China.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech