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Woodbois Ltd - London-headquartered African-focused timber producer - Says it is entering into a new partnership with World Forest ID. World Forest ID are specialists in origin tracing and species identification. The partnership will enhance the traceability and identification of timber from company's forest concessions in Gabon. Woodbois is also supporting World Forest ID's mission in Gabon by coordinating the collection of samples from within its concession areas.
Woodbois Chief Executive Paul Dolan says: ‘This partnership with World Forest ID represents a critical building block in the Woodbois suite of services for the sustainable management of Africa's forests. We will continue to dedicate time and resources to the research and engagement of best in class partners to enable us to scale our sustainable forestry operations and carbon projects in Africa.’
Current stock price: 5.20 pence, up 11% on Monday
12-month change: down 11%
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