The Bioenergy Association says the forestry sector is getting far more serious about the potential for extracting high value chemicals, biofuels and other new products from wood. Source: Radio New Zealand
Forest industry umbrella body Woodco has recognised the part that developing new products will play in its 10-year strategy to more than double export revenue to $12 billion.
Bioenergy Association executive officer Brian Cox said that with the declining demand for paper, large-scale wood processors are leading the way in searching for bioproducts, with the declining demand for paper.
He says a conference the association co-hosted recently brought together the whole range of products that can be obtained from trees. They include not only bioethanol and biodiesel, but plastics produced from lignin in trees.