teak supply and demand

Global demand for Teak timber (Tectona grandis) continues to be greater than its current supply. sIt is becoming increasingly difficult to source Teak from natural and old growth forests. The future supply of Teak will be mostly from plantations that are grown and harvested on a sustainable basis. The international market for Teak is well established as Teak remains sought after worldwide on account of its superior wood properties. Tectona grandis was introduced to Samoa by Germans in the beginning of the 20thcentury. It is also extensively planted in the Solomon Islands under an AusAid Program for reforestation and poverty elevation. In Fiji, the first teak tree was planted around 1920 and its first systematic teak trials were undertaken from 1940ties to 1970ties. Our small logs from first thinnings have been utilised to produce handicrafts and indoor furniture where the contrast between the creamy white sapwood and the rich brown heartwood is very attractive.

teak wood is

- Durable, resistant to termites and may be used in seawater
- Stable with limited shrinkage
- Rich in natural oils and soft to the touch
- Worked easily and produces a smooth finish that does not develop rust or
corrosion marks in contact with metal
- Of medium density of around 650Kg/m3 at 12% Moisture Content

common uses include

- Indoor and Outdoor furniture, flooring and decking
- Window and door frames and doors
- Decking and finishing boards in boat and ship building

As it becomes more and more difficult to obtain indigenous timber in Fiji there will be increasing demand for high quality furnished boards and furniture.

For further information on Teak timber please visit the International Tropical Timber Organisation (ITTO) - www.itto.int.

risk management

The company adopts a professional approach to risk management regarding cyclones, fire and drought.

cyclones

The company has adopted a fragmentation strategy of its forest areas whereby only parts of the forest assets may be affected at any one time.

Four cyclones entered Fiji between 2005 -2012. The company suffered approximately only 1 percent damage to its forested areas during the largest recorded cyclone during this period, Cyclone Evan, due contributed to the natural defence of the teak tree. Its roots are naturally deep rooting thereby anchoring the tree firmly and the tree rapidly sheds all its leaves which minimises its wind resistance.

In case of a severe cyclone, the damaged trees will be removed from the forest as part of the silviculture practices. The damaged trees will be milled and therefore utilised and are not considered a total loss to the company.

- Download our corporate press release of 10 January 2013 on effect of cyclone
Evan
.

- Download Excerpt 2011 cyclone Yasi – Special Report.

 

fire

Fire is not as critical in the tropics as it is in more temperate zones. Furthermore Teak trees over two years of age are relatively fire resistant due to its genetics as its bark is thick to withstand grass or low shrub fires. The company continues to train staff and educate the surrounding villages about fire risks and management.

drought

Fiji has not experienced a drought long enough to negatively affect trees and therefore drought is not a regarded as a significant risk to the plantations.


Ra Fiji, Nursery