Corporate
South East Fibre Exports Pty Ltd (SEFE) is the owner of the Eden
woodchip mill, until 23 December 2015 it was a subsidiary of Japan’s biggest paper manufacturing
company, the Nippon Paper Group Inc. It is now owned by 3 companies
which own Melbourne based
Allied Natural Wood Enterprises, at the time a $2 company.
Eden was Australia’s first woodchip mill, set up in 1969 by the Daishowa
Paper Manufacturing Company of Japan and was the first overseas
operation of that company. Woodchip exports commenced in December 1970.
Nippon Paper took over Daishowa in 2001 and the Australian subsidiary
changed its name from Harris-Daishowa to SEFE in 2003.
The Eden chipmill uses
mainly native forest trees, most cut down solely
for woodchipping. It does not use waste wood and, indeed, cannot process
branches, butts or crowns. It can only chip whole tree logs.
Eden is the only region in New South Wales where trees are felled solely
for woodchipping. This has led to very large scale logging operations,
with virtual clear felling the norm.
Since its establishment it has exported
about 40 million tonnes of native
forest chips, mostly to Japan and mostly to paper mills owned by its
(then) parent company in Japan. The biggest market for Eden
woodchips is now China.
After Tax profits in $A
|
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
|
9,348,609 |
8,199,570 |
6,292,798 |
6,084,308 |
6,038,351 |
10,347,751 |
12,981,967 |
6,839,580 |
9,063,146 |
11,775,732 |
|
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
|
5,983,063 |
7,763,403 |
6,446,910 |
6,264,013 |
7,265,748 |
6,060,015 |
7,968,447 |
6,859,580 |
9,063,146 |
10,907,529 |
|
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015
* |
2016/17
(ANWE) |
2017/18
ANWE |
2018/19
ANWE |
|
3,888,013 |
4,441,756 |
(126,430) |
(2,644,516) |
(1,137,698) |
2,108,908 |
* |
1,201,352 |
3,268,470 |
10,625,316 |
|
2019/20 |
2020/21 |
2021/22** |
2022/23** |
|
|
|
|
|
|
|
|
1,796,054 |
60,453,885 |
15,207,723 |
|
|
|
|
|
|
*ANWE acquired SEFE
in 2015, but no
Annual Financial Statements were reported to ASIC until 2017 so profit or
loss figures are incomplete. Note: Pentarch Forestry also owns and
operates facilities at the Eden chipmill, but no
separate figures for its Eden operations are
available.
**Since 2021/22 ANWE has been the owner of some
other mills in addition to the Eden chipmill. The
Annual Financial Statements to ASIC do not provide
separate figures for its Eden woodchipping
operations.
|
Environment and Markets
Exports of woodchips in
Green Tonnes
|
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
|
700,123 |
666,830 |
704,264 |
712,758 |
760,993 |
711,378 |
794,433 |
838,600 |
854,550 |
|
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
|
1,060,407 |
1,071,841 |
977,074* |
796,850 |
1,033,195* |
922,551 |
766,161*
|
705,496** |
674,255 |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
485,210*** |
543,490* |
656,537* |
666,000* |
560.774* |
131,000* |
339,500* |
540,207* |
329,241 |
* includes some plantation
pine chips
** includes approx 125,000 tonnes pine chips
*** since 2015 ANWE Annual Financial Statements to ASIC have
not reported export sales. These figures are estimates based
on shipping data.
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