Search Results for: PF Olsen

PF Olsen And Quayside Announce Investment Partnership – PF Olsen and Quayside Holdings (Quayside) have announced Quayside has acquired 44% of PF Olsen, with the deal closing on 10 June 2022. Direct Capital is selling its shareholding after 11 years as a shareholder. PF Olsen is a leading provider of independent professional forestry services and[…]

Forestry services firm PF Olsen Ltd has announced a replacement CEO for Peter Clark when he steps down at the end of September this year. Te Kapunga Dewes will join PF Olsen Ltd, the Rotorua headquartered company as CEO. Mr Dewes has a strong background in forestry and wood processing and for 7 years was[…]

China Forestry Group NZ (CFGNZ) is once again backing local wood processing with a ground-breaking agreement on harvesting and processing wood from Taranaki’s largest forest. China Forestry Group NZ and Taranakipine sawmill in New Plymouth have signed a supply agreement that supports long term wood processing in New Plymouth and employment for the 170 workers[…]

The Indian log market has reached China price parity with ‘A’ longs now selling for USD 159-160/JASm3. While volumes delivered to this market are 14% down year on year to May 2018, it has been a steady market and exporters still expect an increase in demand in Q4. There is an increased schedule of ship[…]

Log Market Summary July’s At-Wharf-Gate (AWG) prices for logs delivered to ports around New Zealand are relatively unchanged from June prices. However, some exporters have strategically changed some prices of various grades and lengths, but the overall average price remains unchanged. There has been the usual seasonal slow-down in log demand as the weather heats[…]

Log export prices are having a 25-year high, with southern industry insiders optimistic longer-term gains are likely to be sustained. As of December 17, key indicator the At Wharf Gate price for A-grade logs 30cm or more at the small end, stood at $148 per export cubic metre, according to the latest available data from[…]

The New Zealand forestry industry is facing a frightening amount of work in the next few years, as it struggles to attract staff, a forestry management company says. PF Olsen business development manager Scott Downs said the shortage was the biggest challenge faced by the industry and unlikely to improve in the near future reports[…]