Forest Management company SFM Forest Products announced that it has completed contract negotiations to manage the Portland Treefarm Project in the Green Triangle. Source: Timberbiz
The Portland Treefarm Project is a joint venture between Mitsui Bussan Woodchip Oceania Pty Ltd, Nippon Paper Resources Australia Pty Ltd and Australian Afforestation Pty Ltd – Toyota.
The estate covers properties in the Green Triangle Region that are planted with Eucalyptus globulus (Bluegum) and utilised for woodchips, which are exported to Japan to produce high quality paper.
SFM’s managing director Andrew Morgan said with estates changing ownership, diverse market options and an industry focus on forest certification the Green Triangle Region was a key area of growth for SFM.
“SFM is excited to be working with Mitsui, Nippon and their partner on this project and look forward to developing a long and productive relationship with all involved,” Morgan said.
“SFM is also pleased to announce today that it has opened an office in Mt Gambier providing quality independent forest management and forest consulting services to private forest owners and corporate entities in the region.
“The new office and new project represents a long-term commitment to the region from SFM, and we look forward to making a substantial contribution to the community in years to come.”