1970's The company was originally established in Popondetta; Oro Province and operated under the name of Northern District Sawmilling & Timber Co. Ltd.
1987 Relocated to 9 Mile on the outskirts of Port Moresby and supplied 40% of the local market with logs and processed timber products.
2006 Appointed as developer in a 35 Year Forest Management Area (FMA) project in the Cloudy Bay area which is in the Abau District 250 kilometers South East of Port Moresby. This is the first 100% downstream processing development project to be issued by the PNG Forest Authority and comprises 148,900 Hectares gross area for selective harvesting of trees over 50cm DBH with an annual allowable harvest of some 60,000m3.
2007 The company changed its name to Cloudy Bay Sustainable Forestry Ltd and 80% shareholding was taken up by PNG Sustainable Development Program Ltd.
2009 A new Board of Directors was appointed to guide the company through its future growth phase.
2010 PNG Sustainable Development Program acquires 100% share holding of the company.
2014 New ownership by private entity