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Annual Report 2019
26 07 2023
Annual Report to Shareholders 2019
Leaf has worked hard through 2019 to achieve:
• Signing of an MOU with PETRONAS Chemicals Group Berhard for biorefinery offtake
• Approval of a manufacturing licence for the Malaysian Biorefinery
• Completion of the phase 3 GlycellTM Integrated Demonstration Study
• Appointing TechnipFMC for the Malaysian project front end engineering study (FEL3)
• Securing an R&D financing package
• Continued positive support from the Malaysian Government
• Granting of patents in Australia to protect the core intellectual property associated with Leaf’s
GlycellTM biorefinery technology
• Approval of a 10-year tax free incentive for the Malaysian biorefinery
• Completion of a prefeasibility study on a second-generation commercial biorefinery in
Queensland
• Signing of a non-binding term sheet for an equity interest in Leaf Malaysia
Latest News
Foresta 2024 Annual Report: Building the Foundations for a Biomass Manufacturing Facility
26 11 2024
We are pleased to present Foresta’s 2024 Annual Report
Foresta Welcomes Hon. Simon Watts MP and Tom Rutherford MP to Kawerau
26 11 2024
Last Friday, the Foresta New Zealand team and our Board of Directors had the privilege of hosting Hon. Simon Watts MP
Company Update
31 07 2024
This board restructuring, coupled with changes to the senior management team, is part of Foresta’s strategic effort to enhance expertise and expedite project timelines.
Kawerau Project Update – Overseas Investment Office (OIO) approval
09 07 2024
This approval, granted under the Overseas Investment Act, allows Foresta, as an overseas entity, to proceed with the lease.
$1M Placement to accelerate Kawerau Biomass Manufacturing Project
23 05 2024
Funds raised under the Placement will be applied to accelerate the torrefied “black” pellets and pine chemical manufacturing facility project in Kawerau
Toi EDA Forum in Kawerau
06 05 2024
Last week Ray attended a forum held by The Economic Development Agency for the Eastern Kawerau.
Foresta Signs Long-Term Offtake Purchase Contract with AV Pound & Co Limited
29 04 2024
In the relation the supply of 2,000 tonnes per annum of natural wood rosin
Foresta Signs 10 Year Supply Agreement with PF Olsen
29 04 2024
This contractual arrangement represents the supply of 150,000 tonnes per annum of logs, stumps and slash sourced from Forest Stewardship Council (FSC) forests
Foresta Signs 10 Year Supply Agreement with PF Olsen
29 04 2024
This contractual arrangement represents the supply of 150,000 tonnes per annum of logs, stumps and slash sourced from Forest Stewardship Council (FSC) forests
Planned plant to produce low emissions fuel to replace coal a step closer with agreement to lease Kawerau site
08 04 2024
Agreement to lease signed for Kawerau site
Foresta Signs a Harvesting Contract with Silvertree Biomass Solutions.
13 03 2024
We are thrilled to share that Foresta has signed a significant ten-year Harvesting Contract with Silvertree Biomass Solutions Limited
Pine Gold Rush: From Rosin and Terpenes to Invaluable Alternatives, Transforming Industries and Phasing Out Petroleum Dependence
13 02 2024
Pine Gold Rush: From Rosin and Terpenes to Invaluable Alternatives, Transforming Industries and Phasing Out Petroleum Dependence
Forestry Research Updates
15 01 2024
Stumps, often overlooked in many industries since they are cumbersome to extract and transport, pose both health and safety as well as environmental risks when left behind.
Employee Spotlight: National Sales Manager, Dean Ormrod
15 12 2023
I have worked in Sales and Business Management for many years working in the construction, manufacturing, oil and fuel industry.
Navigating New Zealand’s Transition from Coal-Fired Boilers to Sustainable Alternatives
15 12 2023
New Zealand finds itself at a crucial crossroads as the government mandates a departure from coal
Employee Spotlight: Senior Project Manager, Alex Johnson
15 12 2023
As a Biotechnology Engineer with specialisation in processes, I've had the privilege of working on diverse projects across industries, identifying by-products from manufacturing processes and adding value to them.
Optimising Forest Ownership: A Comprehensive Approach to Progressive Harvesting and Slash Utilisation
17 11 2023
In the realm of responsible forest management, maximising value for forest owners is not just about harvesting timber but entails a holistic approach.
Foresta’s Recent European Expedition
20 09 2023
We recently embarked on a journey to Hannover, Germany to take a closer look at potential suppliers and attend Ligna 2023, the world's foremost woodworking and wood processing trade fair.
Office Launch In Papamoa
27 09 2023
Foresta celebrated the opening of its company office in Papamoa, New Zealand.
Foresta signs Term Sheet with Tailored Energy Resources
11 08 2023
Foresta signs Term Sheet with Tailored Energy Resources
New Technology Patent Filed
28 07 2023
Foresta is pleased to announce the filing of a new technology patent with IP Australia
Foresta Signs Term Sheet with Ground Base Solutions
13 06 2023
Foresta Signs Term Sheet with Ground Base Solutions
