logo-loader
viewKangaroo Island Plantation Timbers Ltd

Kangaroo Island Plantation Timbers bluegums play key role in exports of prized honey

More than 7,000 hectares of the company’s 25,000 hectares is remnant native vegetation, supporting honey production and several important flora and fauna species.

Kangaroo Island Plantation Timbers Ltd - Kangaroo Island Plantation Timbers prized as one of the islands ‘most famous’ exports
Kangaroo Island Plantation Timbers owns 86% of the plantation forestry on Kangaroo Island off the mainland of South Australia

Kangaroo Island Plantation Timbers Ltd (ASX:KPT) bluegum plantations are playing a key role in production of one of the island's most famous exports - Kangaroo Island honey.

The world’s last remaining pure strain of Ligurian honeybees is protected by the water gap that separates the island from the South Australian mainland and strict biosecurity rules keep it disease-free by preventing the importation of honey, beeswax and beekeeping equipment.

Licence to produce honey 

Several of the Island’s honey producers have licences to place their beehives in KPT's plantation properties.

Island Beehive owner Peter Davis has been doing so for almost two decades, when some of the properties were still grazing land.

Davis said the hives in plantations were important.

“They give our bees access to native bushland and creek lines within and outside the plantations,” he said.

Honey from these hives is used to produce four of his five varieties – spring flora, stringybark, sugar gum and cup gum.

More than 7,000 hectares of KPT’s 25,000 hectares is remnant native vegetation, supporting not only honey production but also a number of important flora and fauna species and communities.

Quick facts: Kangaroo Island Plantation Timbers Ltd

Price: 2.33 AUD

ASX:KPT
Market: ASX
Market Cap: $130.67 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Kangaroo Island Plantation Timbers Ltd named herein, including the promotion by the Company of Kangaroo Island Plantation Timbers Ltd in any...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Kangaroo Island Plantation Timbers enters new growth phase with board changes

Kangaroo Island Plantation Timbers (ASX:KPT) executive director John Sergeant updates Proactive Investors on the company’s plans with new managing director Keith Lamb on board.   The transition comes at a time when the share price is rising and the company has pledged to produce...

on 19/6/19

2 min read