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
Emissions Trading Scheme (ETS) update - Forestry
from Sustainable Forestry Bulletin - July 2009
- Forestry remains actively in the ETS.
- The obligation to surrender emissions units to meet deforestation liabilities from 1 January 2008 remains unchanged. However, there is a delay in the date by which emissions units have to be surrendered in order to meet deforestation obligations - along with changes to certain notification requirements.
For pre-1990 forest land, on 30 June 2009 the Government amended the Climate Change Response Act 2002 (CCRA) as follows:
- the notification deadline for deforestation of pre-1990 forest land that occurred during 2008 and 2009 has been deferred from 31 January 2009 to 31 January 2010;
- participants will not be penalised for failing to notify deforestation of pre-1990 forests by the old deadline (31 January, 2009), provided the participant notifies by 31 January 2010;
- participants who deforested pre-1990 forest land during 2008 or 2009 are still obliged to file an emissions return quantifying their deforestation liability, between 1 January and 31 March 2010 (there has been no change to these dates);
- the deadline for surrendering emissions units to meet deforestation liabilities reported in an emissions return has been deferred from 30 April 2010 to 30 April 2011. Participants may chose to surrender emissions units to meet their deforestation liabilities anytime between 1 January 2011 and 30 April 2011;
- the 30 June 2009 deadline for applications for a less than 50 hectare exemption has been revoked. A new deadline, no later than 1 July 2010, will be prescribed by regulation or public notice;
- For post-1989 forest land the Government made no changes to the CCRA. Applications may still be made at any time to voluntarily register post-1989 forest land in the ETS. Registered ETS participants remain entitled to receive New Zealand Units (NZUs) for increases in net carbon stocks from 1 January 2008.
- For more information call 0800 CLIMATE or visit www.maf.govt.nz/sustainable-forestry