The company owns 13,000 hectares of softwoodplantation forest in New Zealand and 322,000 hectares of concessions and harvesting rights in Suriname. Greenheart sells softwood logs to China, India, South Korea and also domestically in New Zealand. The company also sells hardwoodlumber, and various wood products to China and European countries.
Greenheart Group operates a softwood plantation forest business in New Zealand with radiata pine as main its main commercial species. The company exports its radiata pine logs to countries such as China, India, Korea and Japan.
Greenheart Group operates a hardwood business in Suriname. The company practices sustainable forest harvesting and has two large scale sawmills to produce lumber for sales to Europe and Asia. The company is also building a bioenergy plant to convert timber waste into clean energy.
Greenheart Group currently has Forest Stewardship Council (FSC®) controlled wood status in West Suriname forest concession and full Forest Stewardship Council (FSC®) certification for its Central Suriname forest concession. The company practices sustainable forest management and silviculture systems to ensure a systematic pruning which allows a faster natural regeneration of trees.
HK$495.2 million 2012[1]
