(New Zealand Ministry For Primary Industries/Business Scoop) Te Uru Rākau – New Zealand Forest Service is laying the foundations for a new biofuels industry, to turn forestry waste into a potential billion-dollar industry, and working on a business case with help from global investment experts Indufor Asia Pacific Ltd.
“Establishing a biofuels industry in New Zealand will require significant investment, so we’re moving ahead with developing the business case for this investment,” says Jason Wilson, Director of Sector Investments at Te Uru Rākau – New Zealand Forest Service.
Mr Wilson says research shows a biofuels industry would help New Zealand to meet its emissions targets and provide jobs and new industries in our regional centres.