NZ timber exporter Sequal signs big Saudi deal

April 9, 2019

By: The Working Forest Staff

A Kawerau sawmill has signed a deal with a Saudi Arabian customer to more than double its exports to the Middle East country and potentially ship up to1500 containers of processed wood products annually, according to a report in the New Zealand Herald.

David Turner, executive director of Tauranga-headquartered Sequal Lumber, said the “significant” deal could result in that business vastly increasing its exports to the Middle East country and the world’s largest oil exporter.

But he said arrangements were at a very early stage and he could not name the customer due to commercial sensitivities.

“We have exported into Saudi Arabia for some time and been working the New Zealand Trade and Enterprise who have introduced us to a lot more customers around the globe and in particular in Saudi Arabia,” Turner said today.

“This new customer could take around 1500 container loads of logs annually which would more than double the amount we send there,” he said.

The deal was signed in November and would move to its next level this year.

Read more HERE.

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