Teak Plantation

Greenwood Management has announced it is introducing a new product to its range of timbers grown in Brazilian plantations.

The firm will soon be growing a new species of timber to add to those already included in its forestry investments product range, which includes the Eucalyptus, the Black Wattle (Acacia) and Guanandi species.

The new species is semi-matured to matured Teak trees, all to be grown on plantations. Teak timber, well known for its strong grains and texture, is often used in the carpentry trade and the manufacture of furniture for boat decks, due to its high weather resistance.

A spokesperson from Greenwood Management explained that returns on investment in the Teak business are expected to be strong: "Investments are available up to eight years with returns predicted at 12 per cent per annum."

Although the management rotations for the growing of Teak were traditionally 80-100 years, this has been reduced to between 20 and 25 years for the commercial production of the wood.

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