The PNG Balsa Company is one of the few companies in Papua New Guinea successfully down-stream processing plantation timber for the global export market: industrial end grain balsa (used in the composites industry) and balsafor the modelling industry (sheet and block). The PNG Balsa Company is the largest producer of balsa in PNG with an increasing export volume on an annual basis since 1997 and this trend will continue with a large increase in 2012 in response to global demand.