Greenwood Management welcomes Brazilian progress on Olympic preparation


Reports that Brazil is making major inroads into its preparation for the 2016 Olympic Games have been welcomed by forestry investment firm Greenwood Management ApS.

Copenhagen, Denmark, July 05, 2011 -- Reports that Brazil is making major inroads into its preparation for the 2016 Olympic Games have been welcomed by forestry investment firm Greenwood Management ApS.

The Denmark-based investment firm operated sustainable forest plantations in the Latin American country, which is investing heavily in improving its infrastructure ahead of the major sporting event. The International Olympic Committee (IOC) claims Rio de Janeiro is making “remarkable progress’ in the preparations, with vast improvements being made to airports and other infrastructure that is vital to the smooth running of the event.

One of the major markets for Greenwood Management’s timber is for charcoal for the steel industry. As the work for the Olympics and the World Cup in 2014 continues, the demand for steel is rising and, therefore, the market for charcoal from non-native trees is expanding significantly.

Nawal El Moutawakel, the head of the IOC’s Coordination Commission, said, "Today I am happy to say that Rio 2016 and its partners have taken those words seriously and made remarkable progress.”

A spokesperson for Greenwood Management said, “We are thrilled to hear that the IOC has praised the rate of progress in Rio, with regard to the development of the region’s infrastructure. We predict further rises in the price and demand for charcoal from the steel industry as the investment in infrastructure continues over the coming years.”

Greenwood claims that it is seeing large demand for its charcoal as the Brazilian government has recently introduced legislation to discourage the use of charcoal from native timber within the steel industry.

The firm offer investors the option of buying up sections of forested land in Brazil, Canada and soon in Costa Rica. Investments in managed forestry have become popular in the wake of the financial crisis as this kind of alternative investment is not as responsive to, or dependent on, the performance of the stock markets. Therefore, risk-averse investors are turning to alternatives to ensure that some of their cash will be safe even in the event of another economic slump.

Contact:
Joe Randall
Greenwood Management Aps
Omøgade 8, 2nd Floor
2100 Copenhagen Ø
Denmark
Tel: 00 (45) 36 95 37 44

BusinessVibes hosts Webinar for Textile Professionals


BusinessVibes, the B2B networking platform, hosted a webinar for its members in the textile industry on Tuesday, June 28. The webinar archive is available on BusinessVibes.com.

London, UK - July 05, 2011 -- BusinessVibes, the B2B networking platform, hosted a webinar for its members in the textile industry on Tuesday, June 28. The webinar archive is available on BusinessVibes (brief registration required.)

The webinar featured presentations from the Textile Machinery Manufacturers Association, the Bangladesh Garment Manufacturers and Exporters Association, the Bombay Textile Research Association and the Towel Manufacturers Association of Pakistan, each discussing their respective market from an informed industry perspective. The speakers, Ashok Desai, from BTRA, Saktiprasad Chakrabarty, from TMMA, Faruque Hassan, from BGMEA and Tahir Jahangir, from TMA, discussed issues relevant to potential investors and companies looking to enter or purchase from the markets, including:

- Policy and regulatory overviews of each market
- The state of the Indian textile engineering industry
- Technology upgrades in textiles & clothing: a perspective from Bangladesh
- Proposal for free trade within the subcontinent

Attendees were able to submit questions to the speakers over a live chat, and also communicate with each other about business opportunities. BusinessVibes' mission is to make it simple for businesses to find international buyers, suppliers, joint venture partners and more. There are over 200,000 members worldwide, interacting via profiles, messaging, and participation in live and virtual events.

BusinessVibes also works with event planners, providing a platform for promotion, registration, and payment for industry conferences, trade shows, and webinars. The event management features complement the online connections possible on the service, by encouraging members to interact in person or in real time.

More webinars are planned for 2011, including more in the Textile series. BusinessVibes has also hosted webinars covering the Gems & Jewellery and the Textiles industries, and are planning to cover Chemicals, Packaging, Plastics and more in the coming months.

If you are interested in participating in our webinars or if you want to learn more, visit http://www.businessvibes.com.

Contact:
Egle Vasiljevaite
Sales Executive
BusinessVibes
Infiniti Research Limited
8 Wimpole Street
London W1G 9SP UK
Tel: +44 20 7031 0966
Fax: +44 845 280 2825