Amazonas Florestal, Ltd. Sustainable Forest Management Company, Receives Purchase Order for $354,800 of Nanciton Lumber
November 12 2012 - 9:42AM
Business Wire
Amazonas Florestal, Ltd. (OTCPK: AZFL) (“Company”), a
diversified forest management company, generating profit through
innovative, sustainable forest management, today received its first
purchase order from Productos Industriales SA (“PRINSA”) for
$354,800 of Nanciton lumber.
PRINSA, a well-established wood products company belonging to a
decades-old group of companies in Nicaragua, specializes in
products for the Mexican and Dominican markets. Through this new
alliance with PRINSA, the company begins to open the strategically
important Central American Corridor. This represents both a
diversification of the supply chain and access into a new and
growing end use market for Amazonas Florestal.
This first purchase order, for $354,800, allows the Company to
begin purchasing products from several strategic mills in the
region around Managua that produce products in high demand in the
Mexican market.
Nanciton, is a species of wood that has in the past, been
considered a secondary species with a limited market. “Whenever you
can develop a market for a secondary species, it reduces pressures
on existing commercial species providing for more Sustainability,
helps you corner supply and puts downward pressure on the cost of
that supply” says Michael Ibar, CEO of Amazonas Florestal.
Furthermore the Central American tropical hardwood harvest usually
extends from March to November, allowing the company to trade in
wood products that are only largely available in Brazil from June
to December each year.
“Most importantly this purchase order for Nanciton lumber is a
significant growth opportunity for Amazonas Florestal” elaborates
Ibar, “because it establishes a pipeline for us into the Mexican
market, which for these tropical hardwoods, has grown over 100% in
the last decade alone.”
About Amazonas Florestal
Amazonas Florestal is a diversified forest management company
generating profit through innovative, sustainable management of its
large tracts of land in the rainforests of Amazonas, Brazil.
Amazonas Florestal’s sustainable forest management strategy, with
its green philosophy and method of cyclical harvesting, preserves
ecosystems through habitat and water resource preservation,
positioning it as an industry leader in responsible, eco-friendly
timber practices.
Headquartered in Miami, FL, Amazonas’ goal is to become the
leader in sustainable forest management, creating revenue while
protecting the biodiversity of the rainforest ecosystem and
enhancing the lives of the people who live in it. Through a
strategy of selective harvesting, biomass production, and
conservation incentives, Amazonas Florestal not only protects one
of the world’s greatest natural resources, it also makes
preservation profitable.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995.
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