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NZ Bio Forestry seeks hundreds of millions from private investors

NZ Bio Forestry seeks to innovate with a multimillion-dollar biochemical plant, transforming forestry waste into high-value products.

New Zeland's small population and large amount of biomass could see the country become a leader in biochemicals.

Liam Rātana Mon, 29 Apr 2024
Key points
  • What’s at stake: NZ Bio Forestry wants to lead a significant shift in New Zealand’s approach to forestry waste, aiming to convert it into biochemicals and bioenergy.
  • Background: Established in 2017 by a consortium from New Zealand, Singapore, and Taiwan, NZ Bio Forestry is using biomass left from traditional forestry operations to fuel its pioneering venture into the biochemical industry.
  • Key players: Wayne Mulligan, Paul Morgan, Simon Tyler, Yin Fah Kam, Stefan Hill, Plentyful, Greenchem, Foresta.

Greentech company NZ Bio Forestry hopes to raise hundreds of millions of dollars from wholesale investors as it joins the race to construct the country’s first large-scale, fully integrated biochemical manufacturing facility.

NZ Bio Forestry chief executive and director Wayne Mulligan (Taranaki,

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Liam Rātana Mon, 29 Apr 2024
Contact the Writer: liam@nbr.co.nz
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Key points
  • What’s at stake: NZ Bio Forestry wants to lead a significant shift in New Zealand’s approach to forestry waste, aiming to convert it into biochemicals and bioenergy.
  • Background: Established in 2017 by a consortium from New Zealand, Singapore, and Taiwan, NZ Bio Forestry is using biomass left from traditional forestry operations to fuel its pioneering venture into the biochemical industry.
  • Key players: Wayne Mulligan, Paul Morgan, Simon Tyler, Yin Fah Kam, Stefan Hill, Plentyful, Greenchem, Foresta.
NZ Bio Forestry seeks hundreds of millions from private investors
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