We welcome your enquiry
We take great pride in everything that we do, control over products and supply allows us to ensure our customers receive the best quality service. Contact us via the form below or on the following email [email protected] to register your enquiry with us.
Bay of Plenty Project
Foresta’s first venture involves the establishment of a patented pine chemicals and torrefied wood pellet production facility in Kawerau, Bay of Plenty.
With the trial/ demonstration facility successfully completed and their process proven, Foresta has signed Supply and Offtake Agreements enabling it to progress towards constructing their first processing plant to satisfy strong product demand with an expansion model operating multiple processing plants globally. Foresta plan to operate 9 plants in New Zealand through a modular roll-out process
Foresta have built an outstanding team of professionals to deliver this project. More than $19 million has been invested over the last 2 years, with respect to purchases of plant and equipment along with building the team that will deliver this project. During this time, we have obtained supply chain agreements including sustainable pine wood supply, equipment and processing supply and installation, sales and marketing with supporting contracts and agreements and solid experienced management and corporate governance.
Why now? New Zealand is phasing out coal boilers by 2037 and there are few energy alternatives for high-process heat, torrefied pellets can use existing coal infrastructure offering a seamless transition. New Zealand consumes 2.1 million tonnes of coal every year, contributing to 5% of New Zealand’s total annual greenhouse gas emissions.
Foresta is now taking investment into our Bay of Plenty based manufacturing project. This is a site-based New Zealand Limited Partnership (LP). Contact us at [email protected] for more information.