JUNE 2014 Issue 3 Vol. 24 • P: (03) 9888 4834 • E: m.dolphin@ryanmediapl.com.au • www.timberbiz.com.au
Chip exports to be ‘ramped up’ W
OODCHIP EXPORTS out of Tasmania are set to ramp up following the sale of Gunns’ timber plantations to New Forests. The Sydney-based company bought 176,000 hectares of freehold land, including 100,000 hectares of timber plantations owned by the collapsed Tasmanian timber company. It has also bought chip mills at Hampshire in the northwest and Longreach, on the Tamar River. [The transaction completion is scheduled by 30 June] The sale also secures the jobs of 150 harvesting and haulage contractors. Chief executive officer David Brand told the ABC the aim was to ramp up woodchip exports and then possibly look at processing the wood domestically. New Forests has come a long way since being formed. It was on July 1, 2005, that Hancock Timber Resource Group, the world’s largest Timberland Investment Management Organization announced the sale of its Australiabased New Forests Program in
a management buy-out to David Brand, the director of the business. Just who is the man behind the New Forests success story, what are the core values he and his team work by, what is the NF current asset base, and what have been its milestone events. Australian Forests & Timber News answers these questions in this special focus on New Forests. David gained his B.Sc.F., Forestry at the University of Toronto, Faculty of Forestry, Canada, in 1978, then gained his Ph.D., Forestry at the University of British Columbia, Faculty of Forestry, Canada, in 1985. Following that he worked as a Research Scientist, Silviculture/Program Director, Forest Management Systems for Petawawa National Forestry Institute, Canadian Forest Service, Chalk River, Canada (1985-1990). He then took over the role as Acting Director-General, Science and Sustainable Development/ Director, Sustainable Development/Director, Environment for the Canadian
Forest Service, Department of Natural Resources Canada, Ottawa, Canada (1990-1995). Next came his move to Australia and he was appointed executive general manager of State Forests of New South Wales (now known as Forestry Corporation NSW). David filled that role from 1995-2000 then joined the Hancock Natural Resource Group (Australia), Sydney, as its director of new forests programs. Now, as head of New Forests (an investment management business supporting an internationally diversified client base of institutional and other qualified wholesale investors) he and his team still work by a four-point core value system – responsible investment; third party certification; transparency; and continual improvement. New Forests’ assets and funds under management (at April 30, 2014) are more than AU$2.3 billion across investment funds in Australia, Southeast Asia, and the United States. Its timberland area under management is (once the
AFCA chief executive quits COL MCCULLOCH has quit his role as chief executive officer of the Australian Forest Contractors Association, citing “directional differences” as the reason behind the move. Col said he had been given a “directional” choice but had chosen to resign. “I’m going back into the bush,” he said, “getting my hands dirty. I’m pretty happy with that.” Col has been appointed HR manager for the Kevin Morgan Group. According to an official statement
Inside:
from AFCA, a board meeting in Maroochydore late May decided to undertake a major review of AFCA’s operational structure. With a growing array of political, professional development and local business issues to assist with and develop around the country, the board determined a team approach using the skills and experience of a broader range of people to address specific issues would be the best approach.
• NEED FOR FORESTRY/ FIBRE PLAN
continued on page 4.
Col McCulloch.
• HALF OF FORESTRY • PLANTATION SA WORKFORCE PRODUCTIVITY TO GO CAN BE DOUBLED
Gunns transaction is complete): • Net stocked area: 340,000 ha in Australia • Gross area: 530,000 ha in Australia • Net stocked area in Malaysia: 12,000 ha • Gross timber asset area in Malaysia: 18,000 hectares (does not include 34,000 ha conservation investment) • Global timber stocked area: 350,000 ha • Global timber gross area: 550,000 ha continued on page 3.
Dr. David Brand.