Tenco is one of New Zealand’s largest exporters of forest products. We have built to this position since 1991 when the company was set up to export lumber to growing Asian export markets. Experience and reputation count; from small beginnings Tenco has become the largest independent exporter of New Zealand lumber and New Zealand’s 4th largest log exporter. Tenco has a regular shipping program of their own log vessels and in combination with these and other ships currently calls at 7 New Zealand ports (5 North Island and 2 South Island).
Tenco buys standing forests. Tenco currently has a number of forests which they purchased at harvestable age to log over a number of years for export and domestic markets. Tenco also regularly buys smaller tracts of forest to harvest immediately or immature forests to hold until harvest time. Tenco is interested in broadening the base of owners from whom it purchases forests and stands of trees. A deal with Tenco is a certain transaction. The owner and Tenco will agree on a value of the tree crop and then Tenco will pay this amount to the owner either in a lump sum amount or on rate per volume unit out-turn from the forest depending on the nature of the tree crop.
Tenco knows there are a lot of farmers who have trees that are close or ready to harvest and will be asking themselves how they should proceed with the sale of their trees. For some farmers the kind of certain transaction with money in the bank could well be appealing. Tenco is actively interested in buying harvestable forests or trees from areas including all the North Island (except the Gisborne and East Coast districts) and Nelson & Marlborough in the South Island .
If you own a forest in this area (16 years and older) and are ready to enter into this kind of agreement Tenco is interested to develop something with you.
Please contact: Josh.Bannan@tenco.co.nz
Work: +64 7 357 5356 Mobile: +64 21 921 595 www.tenco.co.nz
Government Industry Agreement Application underway on behalf of the forest-growing industry
In November 2014, the NZ Forest Owners Association (FOA), on behalf of the commercial forest-growing industry, submitted its application to MPI to sign the GIA Deed. Prior to submitting the application, the FOA had endeavoured to consult with industry, however it has recently been highlighted that no comprehensive document fully outlining the proposal to sign the GIA Deed was made available for comment.
In order to rectify this, this consultation document has been drafted to provide a complete overview of the GIA, its obligations and how these will be managed by the FOA upon signing the Deed. It has been made available as a download for comment before 5pm Tuesday 4 August.
What is GIA?
GIA is an acronym for ‘Government Industry Agreement’ and forms Part 5A of the Biosecurity Act 1993. In this instance, the agreement is between the New Zealand Government (represented by the Ministry for Primary Industries - MPI) and the forest- growing industry to act in a partnership on matters of biosecurity: readiness and response.
This partnership will mean that the forest-growing industry will be part of the decision making process in the event of a biosecurity incursion that affects commercial plantation forestry. Costs for biosecurity readiness, as well as costs for incursion response will be shared between industry and MPI.
For more information, please see the Biosecurity Act 1993.