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Annual Report 2020

26 07 2023

Annual Report to Shareholders 2020

Chairman and Chief Executive Officer’s Message
2020 has been a mixed full year met with a range of challenges. During the first six months ended 31
December 2019, the Company, was ahead of its internal milestone timelines and during that period had
continued to progress towards its objectives focused on the biorefinery projects using Leaf’s proprietary
Glycell™ technology. The second half bought significant challenges that stalled the momentum resulting
from the global pandemic…..

Latest News

A Promising Future: Henry Cheng’s Meeting with New Zealand Leaders
19 09 2024
Company Updates
31 07 2024
The board restructuring, coupled with changes to the senior management team, is part of Foresta’s strategic effort to enhance expertise and expedite project timelines.
Kawerau Project Update – Overseas Investment Office (OIO) approval
09 07 2024
This approval, granted under the Overseas Investment Act, allows Foresta, as an overseas entity, to proceed with the lease.
Foresta at Fieldays 2024
17 06 2024
Last week Foresta participated in Fieldays 2024
$1M Placement to Accelerate Kawerau Biomass Manufacturing Project
23 05 2024
Funds raised under the Placement will be applied to accelerate the torrefied “black” pellets and pine chemical manufacturing facility project in Kawerau, New Zealand.
Toi EDA forum in Kawerau
06 05 2024
Last week Ray attended a forum held by The Economic Development Agency for the Eastern Kawerau.
Foresta Signs Long-Term Offtake Purchase Contract with AV Pound & Co Limited
29 04 2024
in the relation the supply of 2,000 tonnes per annum of natural wood rosin
Foresta Signs 10 Year Supply Agreement with PF Olsen
29 04 2024
This contractual arrangement represents the supply of 150,000 tonnes per annum of logs, stumps and slash
Planned plant to produce low emissions fuel to replace coal a step closer with agreement to lease Kawerau site
08 04 2024
Agreement to lease signed for Kawerau site
Foresta Signs a Harvesting Contract with Silvertree Biomass Solutions.
25 03 2024
We are thrilled to share that Foresta has signed a significant ten-year Harvesting Contract with Silvertree Biomass Solutions Limited (“SILVERTREE”).
Pine Gold Rush: From Rosin and Terpenes to Invaluable Alternatives, Transforming Industries and Phasing Out Petroleum Dependence
25 03 2024
Pine trees, cultivated globally, are a versatile resource for various products. Beyond providing timber and cellulose for paper production, pine trees yield oleoresin, from which an array of chemical products is extracted.
Forestry Research Updates
15 01 2024
Our forestry team has been hard at work in the heart of the forests
Foresta NZ signs supply contract with Tailored Energy Resources Limited
20 12 2023
Foresta NZ and TER have now signed a binding ten (10) year Supply Agreement to supply up to 65,000 tonnes of torrefied wood pellets per annum
Navigating New Zealand’s Transition from Coal-Fired Boilers to Sustainable Alternatives
21 11 2023
Optimising Forest Ownership: A Comprehensive Approach to Progressive Harvesting and Slash Utilisation
21 11 2023
In the realm of responsible forest management, maximising value for forest owners is not just about harvesting timber but entails a holistic approach.
Placement To Raise $2.333M
06 10 2023
Foresta is pleased to announce that it has received strong interest and firm commitments for a placement of new fully paid ordinary shares
Office Launch In Papamoa
27 09 2023
Foresta celebrated the opening of its company office in Papamoa, New Zealand.
Update from Managing Director
20 09 2023
Shareholder Update from Managing Director
Overview of Rotorua flagship project
29 08 2023
Foresta is pleased to provide a brief overview of our flagship project centred on the construction and commissioning
Foresta signs Term Sheet with Tailored Energy Resources
11 08 2023
Foresta NZ signs Term Sheet with Tailored Energy Resources Foresta Group Holdings Limited
New Technology Patent Filed
28 07 2023
Leaf is pleased to announce the filing of a new technology patent with IP Australia
Quarter Update Ending 30th June Update
18 06 2023
Quarter Update Ending 30th June Update
Appointment of Chairman
25 06 2023
We are pleased to announce that the Board has appointed Mr Pai-Heng (Henry) Cheng as Chairman of Foresta.
Foresta Signs Term Sheet with Ground Base Solutions
13 06 2023
Foresta is pleased to announce that it has signed a Term Sheet with Ground Base Solutions Ltd
Test
01 08 2019
Watch the shareholder webinar recorded on Wednesday November 2nd 2022.