Marubeni : Forest Innovation Business Contest-Helping solve existential challenges through forest-related business innovation-
June 07, 2021 at 12:05 am EDT
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Jun. 07. 2021
Marubeni Corporation
Marubeni Corporation (hereinafter, 'Marubeni') and its consolidated subsidiary WA Plantation Resources Pty. Ltd. (hereinafter, 'WAPRES') will be organizing the『Marubeni Forest Innovation Business Contest』(hereinafter, 'MFIBC') beginning on June 7, 2021.
MFIBC is a contest that invites people to submit innovative ideas for forest-related businesses. Anyone is eligible to apply, including corporations, ventures, non-profits, entrepreneurs, universities, students, and any other individuals or groups who have a passion to creatively manage forests in an environmentally sustainable manner. Marubeni also welcomes NELIS (Next Leaders' Initiative for Sustainability), an organization whose purpose is to educate young leaders of the world, that will act in an advisory capacity for this contest. Experts in forests, sustainability and start-ups will mentor applicants and brush up their proposals while evaluating them from different perspectives.
Forests play an essential role in the maintenance of key ecosystem services, such as carbon storage and the preservation of biodiversity. They also support the livelihoods of everyone on Earth by providing wood, fibers, biomass and other key resources. Through MFIBC, Marubeni will contribute to solving social issues such as food security, water provisioning, ecosystem maintenance, biodiversity preservation, and climate change by developing new forest related businesses.
WAPRES visiting tours for Finalists (about one week)
January, 2022
Final Round
Company Name
:
WA Plantation Resources Pty. Ltd.
Head Office
:
Bunbury, Western Australia
Established
:
August 2000 (started from co-export business by sawmill in 1969)
Main Business
:
Plantation, Wood fiber exports
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Marubeni Corporation published this content on 07 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2021 04:04:01 UTC.
Marubeni Corporation is a diversified group organized primarily around 12 business segments:
- sale of agricultural products and related services (47% of net sales): sale of agricultural inputs (crop protection products, fertilizers, seeds, etc.), precision farming services, formulation of crop protection products, export of cereals and oilseeds, etc.;
- sale of food products (17.6%);
- production and distribution of oil, gas, alternative energy and electricity (10.4%);
- production of chemicals and petrochemicals (6.4%);
- production of metals and mineral resources (4.9%);
- sale and financing of industrial and construction machinery and equipment (4.6%). The group also develops car sales and tire distribution activities;
- sales of consumer electronics (4.3%). In addition, the group develops real estate development and management activities;
- sale of forest products (2.3%): wood chips and biomass fuel, pulp and waste paper, paper, paperboard, hygiene products, building & construction materials and wood products;
- sale of apparel, accessories, textile and lifestyle products (1.1%);
- management and operation of aircraft and ships (1%);
- development of energy production units and industrial installations (0.3%);
- finance and leasing (0.1%): auto finance, aircraft leasing, aircraft engine leasing, leasing and renting of refrigerated trailers, commercial vehicles and commercial freight railcars, etc.
Net sales are distributed geographically as follows: Japan (37.2%), the United States (42.5%)