Annual Report 2024

13 INTEGRATED ANNUAL REPORT 2024 and our organisation as we recover from the 2023 fire. I sincerely thank outgoing Chairman, Mr Philip Day, for his remarkable support and contributions over the past years, and welcome our new Chairman, Mr Vern Schefermann, as he settles in after what was literally a “baptism of fire”. A word of thanks too for our Board members and their ongoing support to the management team and the Co-operative. DANNY KNOESEN | GENERAL MANAGER From NCT’s customer perspective, our blue-chip customers in both Japan and China have been incredibly supportive as we rebuild. They have demonstrated patience and understanding, and every indication is that they await our return to normal operations to continue trading the usual volumes from us. Having said that, we do observe that under tough trading conditions, the wood-chip markets will likely face continued pressure over the next 18 months. I take this opportunity to congratulate our management team and staff for their contributions throughout an incredibly challenging year and am proud that we can count on their ongoing commitment to our members

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