This website has been prepared in order to report the harvest results and forestry operations achieved to date by GWD Forestry Ltd (Formally Greenwood Management ApS) in specific relation to the companies Eucalyptus forestry and charcoal projects located in the Western region of the state of Bahia, Brazil.
The GWD Forestry Ltd eucalyptus forestry and charcoal projects were initially proposed back in 2008 and officially launched in 2009. The projects continued in full for a further two years before the project was officially announced closed in 2011.
In November 2016, after a number of initial setbacks the company finally acquired the necessary harvesting licenses by INEMA in order for the company to start the extraction of eucalyptus timber produced from those sites established with eucalyptus crops at the start of the projects.
In 2017 and after substantial planning the company issued its clients with a detailed report as to the current market conditions and progressed under the individual direction of those client/s (IFU holders) wishing to harvest in line with the first phase of the companies eucalyptus plantings.
This website has therefore been developed in order to provide an in-depth and detailed resource to share information regarding the development of the projects through to harvest, whilst providing independent resources for individual clients in order for those clients to make informed decisions prior to notifying the company at harvest.
As such it should be noted by IFU holders as outlined in this report that there have been a number of substantial changes within the domestic wood products market and as such the Brazilian pig iron industry has been heavily affected. In addition Brazil’s current economic situation has led to a devaluation of the Brazilian Real (R$) in relation to the Euro. Therefore the company recommends that timber produced from individual FSU’s at harvest should be exported in the interest of obtaining the best possible pricing at harvest.
In order to facilitate this recommendation GWD Forestry has acquired relevant export licences in order to export timber to other regions, and has made a number of external plans outside of the scope of the original project and those agreements signed between the company and its client/s in order to bring added value to the projects as a whole.
Whilst clients of the company are free to direct the company individually of their wishes at harvest it is recommended that client/s utilise the information within this site prior to making any decisions.
As such IFU holders are advised to read through the information contained in this website in full prior to notifying the company as to their individual directions at harvest.
Failure on behalf of IFU holder/s to notify GWD Forestry of any changes they wish to apply prior to harvest may result in GWD Forestry ltd proceeding with its harvesting operations in line with agreements signed at the start of the projects in order for the company to fulfil its legal obligations to client/s.