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
New business agreement with ForestX
NZFFA has negotiated a Referral and Collaboration Agreement with ForestX NZ Ltd, who provide transaction support for the sales of forests, land and standing timber. The seller pays a listing fee on success, but NZFFA members and the associates they introduce get a discount, and the NZFFA will get a commission of 1%. ForestX will use its web site, sales experience, and contacts to market each woodlot.
To help each seller ForestX will provide a market price assessment that normally includes:
- A pre-due diligence and transaction checklist
- Potential listing price based on a range of marketing options
- Recommendation on possible local buyers.
To help potential buyers it will provide a Forest Description report that contains:
- A map of the woodlot with appropriate stand information
- A map of its location within legal boundaries
- A description of local rainfall, terrain and wood productivity
- A description of local risk levels for fire and wind as well as NES Plantation Forest erosion ratings
- A comment on carbon status (e.g. pre 1990 or post 1989 land) including comment on available ETS documentation.
These reports should make both buyers and sellers more confident, and boost sales values. The service is designed to help all members with selling trees.
ForestX will promote NZFFA as a key collaborative partner in its marketing material, and NZFFA will use reasonable endeavours to promote ForestX. It will use the Tree Grower to communicate the offer to members and small-scale growers who are not members and it will help promote ForestX on its website.
For further information please go to ForestX.com