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Tag: extension

New Forests converts $1.3 billion Australian Forestry Fund to long-term mandate

12-05-2020
International forestry investment manager, New Forests, extension, forestry management fund

International forestry investment manager New Forests announced the extension of its flagship forestry fund, the Australia New Zealand Forest Fund (ANZFF). Originally launched in 2010 as a 10-year, closed-end fund, ANZFF was converted into an extended long-term vehicle by agreement of the institutional investors in the fund. The extension includes …

Conifex Timber extends temporary production curtailment at Mackenzie sawmill in Canada

20-04-2020
Conifex Timber Inc., extension, temporary curtailment, Mackenzie, British Columbia, Canada, sawmill

Conifex Timber Inc. announced that, in response to continued weakened global demand for forest products impacted by the continuing COVID-19 pandemic, it is extending its temporary production curtailment at its Mackenzie, British Columbia, Canada sawmill for two weeks to May 3, 2020. The curtailment is not expected to have any adverse consequence …

PEFC extends transition period for 2020 standards

26-03-2020
PEFC, extension, transition, PEFC Trademarks, Certification Body Requirements, Chain of Custody standards, COVID-19

To support certified entities and certification bodies during the COVID-19 challenge, Programme for the Endorsement of Forest Certification (PEFC) has extended the transition period for its three revised international standards by six months. This extension applies to the 2020 versions of the Chain of Custody (ST 2002), PEFC Trademarks (ST 2001) …

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