Image

Study reveals growth potential for timber industry

4 September 2023

A new study shows upgrading Kinleith Mill’s energy infrastructure and building a new large-scale sawmill to supply timber and bespoke engineered mass-timber products could provide hundreds of jobs and boost the economy, says Forestry Minister Peeni Henare.

The Wood Beca study, a project between the Government and Oji Fibre Solutions, showed that upgrading the mill could create 200 jobs per year and generate upwards of $566 million in additional GDP per annum and reduce greenhouse gas emissions by 65,000 tonnes of CO2- equivalent per annum.

The Kinleith Mill is a key strategic asset for Aotearoa New Zealand, and one of our largest industrial sites. It requires some upgrades of it’s energy infrastructure to remain competitive, and this presented an opportunity for Government to partner with OjiFS to investigate how a redevelopment could deliver on key Government objectives through the creation of a bio-hub

“This Government is committed to investing in our people by creating more jobs,” Peeni Henare said.

“The Government’s record is 22,000 more jobs at the start of 2023 alone, a total of 113,000 more Kiwis in work since June 2022. All of our regions have seen good economic growth under this Government.

“Earlier this year I announced a $57 million fund would enable the Government to partner with wood processors to co-invest in wood processing capacity to create products like sawn structural timber and engineered wood. 

“This could help make upgrading the Kinleith Mill a reality if it can raise the funds needed.

“The Government wants to see more logs processed onshore, help move our forestry sector from volume to value, lift our economic performance and resilience and create high-wage jobs in our regions,” Peeni Henare said.

The sawmill output could also help to increase the quantity of carbon stored in wood and create low-emission products for use in building and construction.

Depending on the staging and configuration of the possible options, the construction phase could contribute $2.5 billion of additional GDP over a three-year period.

“I’m excited by the potential of this project to help build a high-value, high-wage and low-emissions economy in line with the vision set with the sector in the Forestry and Wood Processing Industry Transformation Plan,” Peeni Henare said.

In early 2022, TUR released the Wood Fibre Futures Project which included business cases on sawmills, solid fuel, bio-crude and liquid biofuel.

TUR is partnering with private companies and government agencies to explore the feasibility of additional wood processing, bioenergy and bio-products.

Oji Fibre Solutions is a world-leader in pulp, paper and packaging products, and the Kinleith Mill employs more than 500 people in the South Waikato.

Source: Inside Government NZ

Read More
Image

Kea Aerospace achieves milestone in autonomous flight

Kea Aerospace has successfully completed a landmark BVLOS (Beyond Visual Line of Sight) flight, demonstrating the capabilities of their advanced autonomous flight technology. The milestone UAS (Unmanned Aircraft System) flight, conducted within Kea Aerospace’s Special Use Airspace, marks significant growth ...
Read more
Image

€100 m investment in wood-based EV batteries

Stora Enso Oyj is preparing to invest about €100 million in a pioneering project to use wood in electric vehicle batteries and offer an alternative to components currently made in China, according to its chief executive officer. The funds would ...
Read more
Image

First long-range electric trucks to New Zealand

Windrose Technology will work with Auckland based Etrucks® to bring the first long-range electric trucks to New Zealand. The Windrose E1400 6×4 semi tractor features extreme aerodynamic efficiency, with an industry low coefficient of drag of 0.2755. Combined with the ...
Read more
Image

DC Equipment Canada return Madill to B.C.

DC Equipment has announced the opening of its new manufacturing facility in Prince George, marking the return of Madill equipment production to British Columbia. The first machines to be produced at this facility will be the Madill 3000B Log Loaders, ...
Read more
Image

QLD budget weak on future timber material needs for housing

Queensland’s peak body for the forest and timber industry is warning of a looming building materials crisis by a lack of policy and budget measures for increasing future timber supply to help meet the state’s rising housing demand. “While we ...
Read more
Image

Kenworth unveils futuristic SuperTruck 2

Kenworth showcased its SuperTruck 2 demonstrator vehicle at the Advanced Clean Transportation (ACT) Expo in Las Vegas last month, a project developed over six years in collaboration with the US Department of Energy’s (DOE) SuperTruck programme. The aim of the project ...
Read more
Image

Key drivers to decarbonise heavy transport fleets

The industry was buzzing once again for the Wood Transport & Logistics 2024 event that ran last week in Rotorua, New Zealand. Well over 200 forestry and log transport companies from across Australasia, America and Europe, came to Rotorua to ...
Read more
Image

Rocket Lab launches climate science satellites

Rocket Lab, a global leader in launch services and space systems, today launched the first of two back-to-back launches for NASA’s PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) climate change-focused mission. ‘Ready, Aim, PREFIRE’ lifted-off from Rocket Lab Launch ...
Read more
Image

Hiringa launches hydrogen refuelling network

Taranaki-based green hydrogen developer Hiringa Energy has marked the opening of New Zealand’s first zero-emission green hydrogen refuelling network set to service heavy freight across the North Island. The initiative is the first of its kind in Australasia and was officially ...
Read more