We acquired 36,000 hectares of forest located in the northern end of New Zealand in recent years to expand our timber business (Summit Forests New Zealand Limited) and to secure wood resources for the Asian market. Radiata pine is the major species grown in the plantation and it normally takes 30 years to reach its maturity. We manage the entire forest life cycle, by repeating planting, thinning and felling. We prioritise sustainability in forest asset management to maintain the local environment. Wood products from the forest are sold and exported to New Zealand domestic and Asian markets and they have a reputation for the finest quality.