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Latest Plantation Stories

2011-06-17 09:04:00

NEW YORK, June 17, 2011 /PRNewswire/ -- Herakles Farms, a New York-based agriculture company, is planning two commercial-scale sustainable palm oil plantations in Cameroon and Ghana, providing over 10,000 jobs to local people and introducing an important new growth opportunity to the Central and West African regions. Herakles Farms began working on the project in 2009, when it acquired 100 percent ownership in SG Sustainable Oils from Sithe Global, an affiliate of the Blackstone Group....

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2011-06-08 10:17:34

The US maker of the most popular doll ever created, Barbie, has been accused of contributing to the destruction of Indonesian forests and habitats of endangered species by the environmental watchdog organization outfit, Greenpeace, reports the AFP news agency. Greenpeace claims that the packaging used in Barbie and Ken doll packaging contained timber products from Asia Pulp and Paper (APP), which it described as a "notorious" destroyer of Indonesia's dwindling natural forests. "Barbie...

2011-06-06 06:00:00

TORONTO, June 6, 2011 /PRNewswire/ - Sino-Forest Corporation (TSX: TRE) ("Sino-Forest" or the "Company"), a leading commercial forest plantation operator in China, today provided further response to allegations by short seller, Muddy Waters, LLC. The Company believes Muddy Waters' report to be inaccurate, spurious and defamatory. Muddy Waters' self-interest is transparent: to make money from the fall in Sino-Forest's share price on the back of a decline that itself precipitated....

2011-05-30 15:05:00

TORONTO, May 30, 2011 /PRNewswire/ - Sino-Forest Corporation (TSX: TRE) ("Sino-Forest"), a leading commercial forest plantation operator in China, announced today that certain PRC subsidiaries of its wholly-owned subsidiary, Sino-Panel (China) Investments Limited ("Sino-Panel"), have entered into master agreements (the "Master Agreements") for the purchase of plantation forests in Shaanxi and Yunnan provinces with Bolin Forestry Co., Ltd. and Yuangao Forestry Development Co., Ltd.,...

2011-05-27 06:45:00

TORONTO, May 27, 2011 /PRNewswire/ - Sino-Forest Corporation ("Sino-Forest") (TSX:TRE), a leading commercial forest plantation operator in China, released today summary reports about the yearly China forest asset valuation conducted by Pöyry (Beijing) Consulting Company Limited ("Pöyry"), an international forestry consulting firm. In 2010, Pöyry's Management Consulting Business Group changed its disclosure policy relating to valuation services following Pöyry's...

2011-05-25 08:02:00

TORONTO, May 25, 2011 /PRNewswire/ - Sino-Forest Corporation ("Sino-Forest") (TSX:TRE), a leading, commercial forest plantation operator in China, announced today that it is on track with achieving its operating goals and reporting its first-quarter 2011 results on time as previously announced. Sino-Forest Chairman and CEO, Allen Chan, said, "Our management team is not aware of any operating or financial matters that should cause investors any concern about our first quarter results...

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2011-05-23 07:47:10

Forest fragmentation driven by demand for palm oil is having a catastrophic effect on multiple levels of biodiversity, scientists from Queen Mary, University of London have discovered. The researchers are worried that unless steps are taken to safeguard and manage the remaining forest, then certain species will struggle to survive. The study, which focused on bats as an indicator of environmental change, was published in one of the leading scientific journals, Ecology Letters. The team...

2011-05-16 17:35:00

LUXEMBOURG, May 16, 2011 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO, Bloomberg: AGRO US, Reuters: AGRO.K), one of the leading agricultural companies in South America, announced today its results for the first quarter of 2011. Adecoagro recorded Adjusted EBITDA of $10.3 million in 1Q11, representing a 69.2% increase compared to 1Q10. Gross Sales in 1Q11 reached $58.3 million, 11.3% higher than 1Q10. Farming and Land Transformation businesses' Adjusted EBITDA grew 50.1% in 1Q11 compared to...

2011-05-11 10:30:00

NEW YORK, May 11, 2011 /PRNewswire/ -- In support of the Rainforest Alliance, an international Non-Governmental Organization (NGO) that seeks to promote worldwide social and environmental responsibility, Suzano Papel e Celulose is hosting a cocktail reception for attendees of the 2011 Rainforest Alliance Gala Dinner on May 11th at the American Museum of Natural History in New York City. During the event, the Rainforest Alliance will recognize the achievements made by conservationists,...

2011-04-28 11:30:00

PLANTATION, Fla., April 28, 2011 /PRNewswire/ -- C3/CustomerContactChannels ("C3"), a global provider of BPO services, announced that the Company has finalized plans for its expansion in the Philippines. Upon completion of the build out, C3 will add over 1000 seats of capacity to its existing operations just outside Makati City. (Logo: http://photos.prnewswire.com/prnh/20100804/FL45975LOGO ) This expansion takes C3 into Fort Bonifacio between 31st and 2nd streets. Located in 17th-20th...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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