Generated by All in One SEO v4.9.10, this is an llms.txt file, used by LLMs to index the site. # Foresta Group Harnessing Power through Nature Powering the future with sustainable biomass products ## Sitemaps - [XML Sitemap](https://foresta.nz/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Foresta Executes Agreement to Lease with Putauaki Trust](https://foresta.nz/foresta-executes-agreement-to-lease-with-putauaki-trust/) - Lease agreement for Kawerau site a major step forward for integrated biomass manufacturing facility Plans to build New Zealand’s first integrated biomass manufacturing facility to produce pine-based chemicals and low emissions fossil-free fuel to replace coal, have moved a step closer with the signing of a lease at a site at Kawerau. ASX-listed Foresta Group - [Office Launch In Papamoa](https://foresta.nz/office-launch-in-papamoa/) - Foresta celebrated the opening of its company office in Papamoa, New Zealand. The event was attended by forestry supply companies, offtake partners, local politicians and members of parliament, and local media as well as our board of directors, senior management, and company personnel. Oral presentations were given by our Executive Chairman, Henry Cheng as well - [Employee Spotlight: Supply Chain Manager, Rafael Moradei](https://foresta.nz/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 - [Employee Spotlight: Head of Project Development & Delivery, Alex Johnson](https://foresta.nz/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: Business Development Manager, Dean Ormrod](https://foresta.nz/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 - [GENESIS and FORESTA in Biomass Supply Negotiation](https://foresta.nz/genesis-and-foresta-in-biomass-supply-negotiation/) - This is the first term sheet GENESIS has signed with a potential New Zealand biomass producer - [Foresta Signs Term Sheet with Ground Base Solutions](https://foresta.nz/foresta-signs-term-sheet-with-ground-base-solutions/) - Foresta is pleased to announce that it has signed a Term Sheet with Ground Base Solutions Ltd (“GBS”)for the supply of approximately 100,000 tonnes of stumps per annum for Foresta’s proposedmanufacturing facility at Rotorua, New Zealand (Facility). The Term Sheet will be conditional upon theCompany constructing and commissioning the Facility (Condition Precedent) and the term - [Appointment of Chairman](https://foresta.nz/appointment-of-chairman/) - We are pleased to announce that the Board has appointed Mr Pai-Heng (Henry) Cheng as Chairman of Foresta. Mr Henry Cheng is a highly skilled senior management and board executive with over 35 years of extensive experience in international business, resources, insurance, investment, finance and banking. Henry has developed strong global connections and networks, having - [Quarterly Update Ending June 30](https://foresta.nz/quarterly-update-ending-june-30/) - PLACEMENT SETTLEMENTOn 3 April 2023, Leaf completed a placement of securities to Formosa Group Australia Pty Ltd in the amount of $3.024 million via the issue of 252 million ordinary shares at $0.012, with attaching options at an exercise price of $0.045 and an expiry date of 31 December 2025 (“Placement”). The options were subsequently - [New Technology Patent Filed](https://foresta.nz/new-technology-patent-filed/) - Foresta is pleased to announce the filing of a new technology patent with IP Australia (Australian Provisional Patent Application 2023902101).This patent application protects the invention that integrates the company’s patented organic solvent extraction process together with its wood pellet and torrefied wood pellet production process.The invention delivers significant process synergies that will enable lower production - [Foresta signs Term Sheet with Tailored Energy Resources](https://foresta.nz/foresta-signs-term-sheet-with-tailored-energy-resources/) - Foresta signs Term Sheet with Tailored Energy Resources Foresta Group Holdings Limited (ASX: FGH, “Foresta” or the “Company”) is a leading natural and renewable pine chemical and biomass pellet manufacturing company. Foresta is pleased to announce that its subsidiary Foresta NZ Limited and Tailored Energy Resources Limited have signed a Term Sheet in relation to - [Overview of Rotorua flagship project](https://foresta.nz/overview-of-rotorua-flagship-project/) - Foresta is pleased to provide a brief overview of our flagship project centred on the construction and commissioning of the world’s first integrated manufacturing facility at Rotorua, New Zealand, to produce pine chemicals (rosins and turpenes) and torrefied black pellets.This overview showcases the outstanding work that Foresta has performed this year to date in developing - [Foresta's Recent European Expedition](https://foresta.nz/forestas-recent-european-expedition/) - Grant Yeatman, Chief Operating Officer and Steve Pittman, Chief Development Officer, 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. Supplier Sites: The team's visit to our potential suppliers' facilities was enlightening. It offered us a - [Placement To Raise $2.333M](https://foresta.nz/placement-to-raise-2-333m/) - Foresta Group Holdings Limited (ASX: FGH, “Foresta” or the “Company”) is pleased to announce that it has received strong interest and firm commitments for a placement of new fully paid ordinary shares (“New Shares”) to raise $2,332,510 million (before costs) (the “Placement”).The total amount of the Placement was increased to accommodate for the additional demand. - [Optimising Forest Ownership: A Comprehensive Approach to Progressive Harvesting and Slash Utilisation](https://foresta.nz/optimising-forest-ownership-a-comprehensive-approach-to-progressive-harvesting-and-slash-utilisation/) - 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 commitment goes beyond merely utilising the logs; we embrace a strategy that includes progressive harvesting and efficient slash utilisation. Utilising 100% of the Tree: At Foresta, we pride ourselves on utilising - [Navigating New Zealand's Transition from Coal-Fired Boilers to Sustainable Alternatives](https://foresta.nz/navigating-new-zealands-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 - [Foresta NZ signs supply contract with Tailored Energy Resources Limited](https://foresta.nz/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 - [Forestry Research Updates](https://foresta.nz/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 - [Pine Gold Rush: From Rosin and Terpenes to Invaluable Alternatives, Transforming Industries and Phasing Out Petroleum Dependence](https://foresta.nz/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 - [Bay Of Plenty Project](https://foresta.nz/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 - [Planned plant to produce low emissions fuel to replace coal a step closer with agreement to lease Kawerau site](https://foresta.nz/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 - [Foresta Signs 10 Year Supply Agreement with PF Olsen](https://foresta.nz/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 - [Foresta Signs Long-Term Offtake Purchase Contract with AV Pound & Co Limited](https://foresta.nz/foresta-signs-long-term-offtake-purchase-contract-with-av-pound-co-limited/) - We are pleased to announce that Foresta NZ Limited, a wholly owned subsidiary of Foresta Group Holdings Limited (ASX: FGH, “FORESTA”), has today signed a long-term sale and purchase agreement with AV Pound & Co Limited (“AV POUND”) in the relation the supply of 2,000 tonnes per annum of natural wood rosin, a premium food - [$1M Placement to accelerate Kawerau Biomass Manufacturing Project](https://foresta.nz/1m-placement-to-accelerate-kawerau-biomass-manufacturing-project/) - Foresta Group Holdings Limited (ASX: FGH, “Foresta” or the “Company”) is pleased to announce that it has received $1,063,250 for a placement of new fully paid ordinary shares (“New Shares”) Funds raised under the Placement will be applied to accelerate the torrefied “black” pellets and pine chemical manufacturing facility project in Kawerau, New Zealand. Funds - [Foresta at Fieldays 2024](https://foresta.nz/foresta-at-fieldays-2024/) - Last week Foresta participated in Fieldays 2024, New Zealand's largest agricultural event. It was a fantastic opportunity to connect with a diverse audience— from landowners, prospective suppliers, the general public and our esteemed shareholders and potential investors. The drawcard seemed to be the live pine chemical extraction from wood chip. This demonstration was not just - [Kawerau Project Update – Overseas Investment Office (OIO) approval](https://foresta.nz/kawerau-project-update-overseas-investment-office-oio-approval/) - This approval, granted under the Overseas Investment Act, allows Foresta, as an overseas entity, to proceed with the lease. - [Company Update](https://foresta.nz/company-update/) - 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. - [A Promising Future: Henry Cheng's Meeting with New Zealand Leaders](https://foresta.nz/a-promising-future-henry-chengs-meeting-with-new-zealand-leaders/) - Henry Cheng's Meeting with New Zealand Leaders - [Foresta Welcomes Hon. Simon Watts MP and Tom Rutherford MP to Kawerau](https://foresta.nz/foresta-welcomes-hon-simon-watts-mp-and-tom-rutherford-mp-to-kawerau/) - Foresta New Zealand team and our Board of Directors had the privilege of hosting Hon. Simon Watts MP - [Foresta 2024 Annual Report: Building the Foundations for a Biomass Manufacturing Facility](https://foresta.nz/foresta-2024-annual-report-building-the-foundations-for-a-biomass-manufacturing-facility/) - We are pleased to present Foresta’s 2024 Annual Report - [Foresta’s Flagship Project Gains Momentum Under New Zealand’s Fast-Track Approvals Act](https://foresta.nz/forestas-flagship-project-gains-momentum-under-new-zealands-fast-track-approvals-act/) - Foresta included in Fast-Track Approvals Act 2024 ## Pages - [Home](https://foresta.nz/) - Foresta (NZ) Limited (ASX: FGH) leads renewable energy & sustainable chemistry, replacing fossil fuels with eco-friendly solutions from NZ pine forests. - [People](https://foresta.nz/people/) - Meet the leadership team driving Foresta (NZ) Limited (ASX: FGH). Our experts are committed to sustainable innovation and a cleaner future. - [Investors](https://foresta.nz/investors/) - Explore investor opportunities with Foresta (NZ) Limited (ASX: FGH). Access financial reports, ASX updates, and insights into our sustainable growth strategy. - [Annual Reports](https://foresta.nz/investors/annual-reports/) - Access Foresta (NZ) Limited (ASX: FGH) annual reports for financial performance, sustainability initiatives, and corporate growth insights. - [High-Grade Turpentine](https://foresta.nz/products/high-grade-turpentine/) - Foresta (NZ) Limited produces high-purity turpentine using chemical-free steam distillation. A sustainable, eco-friendly alternative to petrochemical-based terpene extraction. - [Contact](https://foresta.nz/contact/) - Get in touch with Foresta Group Holdings (ASX: FGH) for inquiries about our sustainable products, partnerships, and investment opportunities. - [News](https://foresta.nz/news/) - Stay updated with Foresta (NZ) Limited’s latest news. Discover how we transform sustainably grown NZ pine forests into innovative, eco-friendly solutions driving a global energy transition. - [Our Story](https://foresta.nz/our-story/) - Foresta (NZ) Limited is redefining industry with sustainable, high-performance alternatives to fossil fuels. Learn how our innovation is shaping a cleaner future. - [Sustainability](https://foresta.nz/sustainability/) - Foresta (NZ) Limited champions sustainability by sourcing pine from certified plantations, ensuring future supply, and reducing CO2 naturally for a greener tomorrow. - [Partner with us](https://foresta.nz/partner-with-us/) - Join Foresta Group in revolutionizing pine harvesting. We extract valuable pine chemicals, repurpose waste, and maximize sustainability for forest owners and communities. - [Products](https://foresta.nz/products/) - Discover Foresta Group’s innovative, eco-friendly products derived from sustainably harvested pine. Replacing fossil fuels with renewable, high-value solutions. - [High-Grade Rosin](https://foresta.nz/products/high-grade-rosin/) - Foresta (NZ) Limited produces premium wood and gum rosin using steam distillation—free from industrial solvents. A high-value, in-demand ingredient for various industries. - [Torrified Wood Pellets](https://foresta.nz/products/torrified-wood-pellets/) - Foresta (NZ) Limited torrefied wood pellets are a high-energy, coal alternative made from renewable pine. Water-resistant, efficient, and compatible with existing systems. ## Annual Reports - [Annual Report 2024](https://foresta.nz/annual-reports/annual-report-2024/) - [Annual Report 2023](https://foresta.nz/annual-reports/annual-report-2023/) - [Annual Report 2022](https://foresta.nz/annual-reports/annual-report-2022/) - [Annual Report 2021](https://foresta.nz/annual-reports/annual-report-2021/) - [Annual Report 2020](https://foresta.nz/annual-reports/annual-report-2020/) - [Annual Report 2019](https://foresta.nz/annual-reports/annual-report-2019/) - [Annual Report 2025](https://foresta.nz/annual-reports/annual-report-2025/) ## Projects - [Bay Of Plenty](https://foresta.nz/projects/bay-of-plenty/) - Foresta’s first venture involves the establishment of a patented pine chemicals and torrefied wood pellet production facility in Kawerau, Bay of Plenty. ## Categories - [Uncategorized](https://foresta.nz/category/uncategorized/)