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February 14, 2008

ROBINSON JOINS FLORESTECA TO SELL FSC TEAK IN CHINA

Robinson Lumber Company has signed an exclusive Sales Representative Agreement with Floresteca to market Floresteca’s FSC Plantation Teak products in China and Thailand.

Initially these products will be mostly logs developed from the thinning operations of Floresteca’s 25,000 hectare plantations in the State of Mato Grosso, Brazil. Larger harvested logs will be available in the coming years. Later this year squares and lumber will also be offered followed by more value added items.

These products will be mostly logs developed from the thinning operations of Floresteca’s 25,000 hectare plantations in the State of Mato Grosso, Brazil. Larger harvested logs will be available in the coming years Later this year squares and lumber will also be offered followed by more value added items.

Floresteca began planting these carefully located plantations in 1994, using seeds of the “Tennasserim” type from Myanmar (Burma) that were brought by British foresters to Trinidad in the early 1900’s.

The areas of planting were selected based on general soil characteristics, environmental variables required for productive teak plantations (temperature, humidity and rainfall), satisfactory topographical characteristics, as well as the existence of transportation infra-structure plus the availability of a dependable power supply and work force resources. Floresteca has its own laboratory to experiment with cloning the best of teak trees to provide the finest of this Tectona grandis species.

Every year about 3,000 hectares are added to the existing plantations including new areas in Brazil.

These areas were in most cases previous cattle grazing lands, now they are beautiful stands of teak trees. Fragments of native vegetation located close to the teak plantations will remain untouched making it easier for fauna to move within the plantations.

The development of these plantations have had a considerable impact on the social and economic conditions of the regions where they are established.

The relationship of Floresteca with the local communities is a very important component providing more than 1,200 direct jobs, which increase every year.

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