CoreLite Signs Agreement with Local Government for Balsa Wood Supply

04.12.20 11:11 PM By gdc-corelite

CoreLite has signed a long-term Balsa Wood plantation cooperation agreement with the local Government of Los Rios Province in Ecuador during a public ceremony on Wednesday December 2, 2020. This agreement entails the planting and harvesting of Balsa Wood plantations throughout Los Rios Province over a 5-year period with a target number of 2,500 hectares of Balsa Wood plantations. The main drive of this agreement is to bring technological development and the creation of new jobs in Ecuador.

CoreLite Meeting with Los Rios Prefect  CoreLite Meeting with Los Rios Prefect

"This agreement will create several life-changing income opportunities for the local communities in Los Rios Province with a completely sustainable product that is commonly used in wind energy applications" said Mr. Johnny Teran Salcedo, Prefect of Los Rios Province, Ecuador.

Los Rios Prefect signing cooperation agreement  CoreLite signing cooperation agreement

This private-public partnership will also ensure the ample availability of sustainably and legally sourced raw material for the production of Balsa Wood panels that CoreLite manufactures and distributes worldwide.

"This is part of CoreLite's global sustainability initiative to promote responsible forestry, reduce the carbon footprint, while at the same time ensuring future availability of raw material" said Mr. Paul Lewis, Managing Director at CoreLite.

Balsa Wood is an endemic wood species to Los Rios Province, so the natural ecosystem of Los Rios Province will be restored.

Signed Balsa Supply cooperation agreement

Left: Mr. Johnny Teran Salcedo, Prefect of Los Rios Province, Ecuador.

Right: Mr. Paul Lewis, Managing Director at CoreLite

About CoreLite

CoreLite is a global manufacturer of advanced Balsa & Foam core materials for high performance composite applications. CoreLite specializes in producing sustainable materials and delivering customized composite solutions to solve engineering challenges.

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For more information about Los Rios Government visit: