Foresta Signs 10 Year Supply Agreement with PF Olsen
We are pleased to announce that Foresta (NZ) Limited, a wholly owned subsidiary of Foresta Group Holdings Limited (ASX: FGH, “FORESTA”), has signed a ten (10) year supply agreement with PF Olsen Limited (“PF OLSEN). This contractual arrangement represents the supply of 150,000 tonnes per annum of logs, stumps and slash sourced from Forest Stewardship […]
Planned plant to produce low emissions fuel to replace coal a step closer with agreement to lease Kawerau site
Plans to build New Zealand’s first plant to produce low emissions fossil free fuel to replace coal have moved a step closer with the signing of an agreement to lease a site at Kawerau. Australian listed company Foresta today announced the signing of a 30-year lease (with a 20 year right of renewal) on a […]
Bay Of Plenty Project
Foresta’s first venture involves the establishment of a patented pine chemicals and torrefied wood pellet production facility in the Bay of Plenty. Upon completion, the facility will have the capacity to produce 57,000 metric tonnes per annum of chemicals and 216,000 tonnes per annum of black wood pellets. Foresta’s has advanced orders for 80% of […]
Pine Gold Rush: From Rosin and Terpenes to Invaluable Alternatives, Transforming Industries and Phasing Out Petroleum Dependence
Pine trees, cultivated globally, are a versatile resource for various products. Beyond providing timber and cellulose for paper production, pine trees yield oleoresin, from which an array of chemical products is extracted. Notably, the naval stores industry extracts turpentine and rosin from oleoresin, forming the foundation for numerous chemical feedstocks. This industry constitutes a significant […]
Forestry Research Updates
Our forestry team has been hard at work in the heart of the forests, exploring groundbreaking techniques for stump extraction. 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. However, at Foresta, we value the stumps due […]
Foresta NZ signs supply contract with Tailored Energy Resources Limited
In August 2023, Foresta NZ Limited, a wholly owned subsidiary of Foresta Group Holdings Limited (ASX: FGH), signed a Term Sheet with Tailored Energy & Resources Limited (TER) in relation to an offtake agreement for the supply of up to 400,000 tonnes per annum of torrefied wood pellets. In this respect, Foresta NZ and TER […]
Employee Spotlight: National Sales Manager, Dean Ormrod
Can you share a bit about your background and role within Foresta? I have worked in Sales and Business Management for many years working in the construction, manufacturing, oil and fuel industry. My personal interests are mechanical engineering and energy. My role within Foresta is to develop the company’s revenue from sales offtake agreements and […]
Navigating New Zealand’s Transition from Coal-Fired Boilers to Sustainable Alternatives
New Zealand finds itself at a crucial crossroads as the government mandates a departure from coal as an energy source in coal-fired boilers to curb greenhouse gas emissions. This directive has compelled industries reliant on coal to reassess their energy options and pivot towards sustainable alternatives. Industries vital to the nation’s economic pulse, such as […]
Employee Spotlight: Senior Project Manager, Alex Johnson
Can you share a bit about your background and role within Foresta? 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. My experience extends to project management in the construction industry, having overseen projects for […]
Employee Spotlight: Forestry Supply Manager, Rafael Moradei
Can you share a bit about your background and role within Foresta? My journey began with degrees in Project Management and Science Biology, fostering a passion for both disciplines. At Foresta, I spearhead forest procurement, ensuring a steady supply of biomass for our processing plants. This role allows me to combine my expertise in these […]
