OneFortyOne will invest NZ$11 million dollars in its Kaituna sawmill in New Zealand over the next three years. General Manager of Kaituna Sawmill Tracy Goss said the investment consists of three major projects to increase the sawmill’s drying and treating capacity. Source: Timberbiz
“By purchasing new equipment, we will be able to extract greater value from each log, meaning more local timber can be produced for New Zealand’s housing market,” he said.
“With an improvement in our processing capability onsite, it also means 20 less trucks on the road every month, reducing our emissions by nine per cent annually.”
Mr Goss said that in the past 10 years the sawmill had achieved a 46% reduction in the site’s greenhouse gas emissions.
A suite of environmental improvements had been made, from small to significant. A state-of-the-art Biomass Energy Centre and continuous drying kiln installed in 2016 had reduced the sawmill’s carbon footprint by 934 tonnes of carbon dioxide equivalents per year.
“Reducing our footprint by another 265 tonnes annually is significant and a great example of where actively deciding to monitor and invest in reducing our carbon footprint leads to better business and community outcomes,” Mr Goss said.
“It’s an exciting project and it represents the first major capex investment from OneFortyOne since acquisition of Nelson Forests.”
The project is scheduled to begin in April 2022.
