Tree Frog Forestry News

Daily Archives: February 9, 2012

Business & Politics

Canfor’s Q4 dividend cut not the last: Dundee

Financial Post
February 8, 2012
Category: Business & Politics
Region: Canada

Canfor Pulp Products Inc., a B.C. pulp and paper products supplier, slashed its quarterly dividend Monday after posting fourth-quarter earnings that fell short of analyst expectations, and Dundee Capital Markets suspects further dividend cuts could be in the offing. Richard Kelertas, analyst with Dundee, said falling pulp prices foretold of the 37.5% dividend cut, to 25¢ a share from 40¢. “With the drop in commodity pulp prices to likely continue we believe there may be a further dividend cut from 25¢ a share to 10¢-15¢ a share,” he said in a note to clients.

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Catalyst Paper debtor-in-possession financing in place under CCAA order – TSX completes stock delisting review

by Catalyst Paper Corporation
Canada News Wire press release
February 8, 2012
Category: Business & Politics
Region: Canada

RICHMOND, BC, – Catalyst Paper Corporation announced today that further to its press releases dated January 31, 2012, the company and certain of its subsidiaries obtained a further Order from the Supreme Court of British Columbia under the Companies’ Creditors Arrangement Act (CCAA).

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Falling demand from china means Canfor pulp likely to cut dividend again

National Post
February 9, 2012
Category: Business & Politics
Region: Canada

Canfor Pulp Products Inc., a B.C. pulp and paper products supplier, slashed its quarterly dividend Monday after posting fourth-quarter earnings that fell short of analyst expectations, and Dundee Capital Markets suspects further dividend cuts could be in the offing. Richard Kelertas, analyst with Dundee, said falling pulp prices foretold of the 37.5% dividend cut, to 25¢ a share from 40¢.

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Hope for Burns Lake is essential

Burns Lake Lakes District News
February 8, 2012
Category: Business & Politics
Region: Canada, Canada West

There is a swirl of rumors going around right now and there is bound to be a great deal of anger directed at Hampton Affiliates, individual persons, the B.C. government and God. It is essential for our community not to descend into a cycle of anger, blame, and bitterness. To do so is to add to the tragedy and bring a greater heaviness and sense of desperation upon our community. The scripture speaks of the things that are eternal; faith, hope, and love.

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Search For Long Term Solutions In Burns Lake Still In Early Stages

Opinion 250 News
February 8, 2012
Category: Business & Politics
Region: Canada, Canada West

Prince George, BC – The search to find a long-term economic strategy for Burns Lake in the wake of last month’s deadly sawmill fire is still in the preliminary stages. At a meeting with stakeholders at the end of January, a task force was struck to deal with the economic crisis resulting from the loss of community’s main industry – one sub-committee was established to work on short-term immediate relief for the workers affected. To that end, a jobs fair is set for this Friday at Muriel Mould Elementary School.

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Babine Forest Products 2011 fire report released

Burns Lake District News
February 8, 2012
Category: Business & Politics
Region: Canada, Canada West

Due to heightened public interest into a Feb. 23, 2011 fire at Babine Forest Products, the BC Safety Authority released a report last Tuesday detailing their subsequent investigation into the cause of that blaze.  According to BC Safety Authority’s manager Stephen Hinde, any link between the Feb. 23, 2011 fire [as reported in the Lakes District News edition of Feb. 1, 2012] and the Jan. 20, 2012 explosion and fire at the sawmill, is unlikely.

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Harper in China: Canada makes progress in trade talks

By Tonda MacCharles
Toronto Star
February 8, 2012
Category: Business & Politics
Region: Canada, Canada West

BEIJING—To Don Kayne, the math is simple: without China and its need for Canadian lumber, about 15 to 20 sawmills in British Columbia would have closed after the U.S. housing market crashed. That’s up to 5,000 direct Canadian jobs, he says, that rely on softwood lumber exports. He says Canada’s lumber exports, which just surpassed Russia’s to become China’s number one supplier, could “be doubled” over the next five to 10 years. So Kayne, CEO of CanFor, Canada’s second-largest lumber producer, has nothing but praise for Prime Minister Stephen Harper’s efforts in China.

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Domtar gets passing grade

By Jeremy Deutsch
Kamloops This Week
February 8, 2012
Category: Business & Politics
Region: Canada, Canada West

As the calendar flipped to 2012, the next level of emission standards for Domtar came into effect — and, so far, the pulp mill has passed the test. Quarterly test results provided by Domtar to the Ministry of Environment show the mill discharged 165 milligrams of particulate per cubic metre during a January test. That amount is less than the 180 milligrams allowed under its permit and an improvement on the near-fail from a test in the summer and the 175.8-milligrams reading from the third quarter.

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Future looks green: Bumps ahead but growth predicted for BC forest industry

The Kamloops Daily News
February 8, 2012
Category: Business & Politics
Region: Canada, Canada West

A housing bubble in China and depressed United States housing market mean a choppy short-term future for B.C. forest companies. But Rick Jeffrey, CEO of Coast Forest Products Association, is confident the longer-term view of the industry remains promising. Jeffrey outlined prospects for the province’s rebounding forest sector at a recent conference in Kamloops. Following a gradual tailing off in the early part of 2011, lumber prices climbed in the latter part of the year to about $280 a thousand board feet.

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Harper stumps for wood export growth to China

By Jason Fekete
Vancouver Sun
February 8, 2012
Category: Business & Politics
Region: Canada East, Canada, Canada West

LANGFANG, China — Prime Minister Stephen Harper is using the second day of his China mission to focus on softwood sales, building broader trade ties and bolstering bilateral bridges. Harper visited on Thursday morning the China-Canada Green Building Design Center — one of China’s largest wood-frame buildings — in Langfang, on the outskirts of Beijing, to highlight Canada’s position as the largest supplier of lumber to one of the fastest-growing economies in the world.

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No Intangible Weakness for Weyerhaeuser

Motley Fool
February 8, 2012
Category: Business & Politics
Region: United States

Weyerhaeuser carries $40 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it’s excessive, can foreshadow problems down the road. Could this be the case with Weyerhaeuser? Before we answer that, let’s look at what could go wrong. …Weyerhaeuser appears to be in good shape in terms of the intangible assets ratio and tangible book value. You can never base an entire investment thesis on one or two metrics, but there are no yellow flags here.

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Low demand, lack of timber blamed for closure of Arlington sawmill, loss of 40 jobs

THE HERALD
February 8, 2012
Category: Business & Politics
Region: United States, US West

ARLINGTON — Another Snohomish County sawmill is closing.   The city is losing Northwest Hardwoods, at 20015 67th Ave. NE. It will close Thursday because of a shortage of local timber and low demand for finished products for housing. The closure means 40 people will lose their jobs. Northwest Hardwoods is the second mill in the county in about a month to announce it is closing. The Seattle-Snohomish Mill in Snohomish is shutting down in March. That mill employed 50 people.

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Pope Resources Q4 Profit Up

RTT News
February 8, 2012
Category: Business & Politics
Region: United States, US West

Pope Resources Wednesday reported fourth-quarter net income attributable to unitholders of $2.3 million or $0.52 per ownership unit, rising from $1.7 million or $0.35 per ownership unit in the year-ago quarter. Revenue for the quarter surged to $17.8 million from $8.5 million last year. Pope and its subsidiaries Olympic Resource Management and Olympic Property Group, own or manage 178,000 acres of timberland and development property in Washington and Oregon.

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Pope Resources Reports Fourth Quarter Net Income of $2.3 Million

MarketWatch (press release)
February 8, 2012
Category: Business & Politics
Region: United States, US West

POULSBO, Wash. Pope Resources reported net income attributable to unitholders of $2.3 million, or $0.52 per diluted ownership unit, on revenue of $17.8 million for the fourth quarter ended December 31, 2011. This compares to net income attributable to unitholders of $1.7 million or $0.35 per diluted ownership unit, on revenue of $8.5 million for the comparable period in 2010.

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Lumber outlook improves

Apartment construction and China have been the bright spot for the wood industry
The Register-Guard
February 6, 2012
Category: Business & Politics
Region: United States, US West

The national wood products market is looking up “a bit,” thanks in part to construction of multifamily housing and to China’s hunger for lumber, industry analysts say. Most analysts are predicting the demand for new single family houses will increase some nationally in 2012, but Lake Oswego Economist Bill Conerly is tempering his enthusiasm. “Housing starts will improve in 2012,” he wrote in his annual outlook, “but a small gain from a starting point of diddly squat leaves you only marginally above diddly squat.”

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Louisiana-Pacific Misses on Both Revenue and Earnings

By Seth Jayson
Motley Fool
February 8, 2012
Category: Business & Politics
Region: US East, United States

For the quarter ended Dec. 31 (Q4), Louisiana-Pacific missed estimates on revenues and missed expectations on earnings per share. Compared to the prior-year quarter, revenue contracted slightly, and GAAP loss per share grew. Margins dropped across the board.

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Seeing the Wood for the Rineharts: that’s diversity

On the face of it, Andrew Bolt has a point.
ABC Online
February 9, 2012
Category: Business & Politics
Region: International

In yesterday’s column in the Herald Sun (syndicated in Sydney’s Daily Telegraph, though as usual with a much sillier headline, which isn’t Bolt’s fault) Australia’s most-read columnist weighed into the hypocrisy of those ‘anguished voices in the Fairfax newspapers, and on the ABC’ who have been ‘gibbering’ and ‘groaning’ about Gina Rinehart’s raid on Fairfax Media’s share register, while welcoming the advent of a new online newspaper, the Global Mail, funded by Wotif entrepreneur Graeme Wood. Wood, of course, is the man who, with Kathmandu founder Jan Cameron, bought the Triabunna woodchip mill in Tasmania from Gunns, with the declared intention of closing it down.

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Reduced log export tariffs in Russia unlikely to boost the country’s log export volumes

Export tariffs on logs shipped from Russia, the world largest log supplier, are set to be reduced as the country becomes a member of the WTO. The proposed new lower tariffs are not expected to increase export volumes to pre-tariff levels, according to the Wood Resource Quarterly. 
Packaging Europe
February 9, 2012
Category: Business & Politics
Region: International

Seattle, USA. Log exports from Russia have plummeted the past five years mainly because of the country’s implementation of a log export tariff of 25% in 2008, as reported in the WRQ. Despite having suffered a sharp decline in global market share, Russia is still the largest exporter of softwood logs in the world.  When Russia was accepted into the World Trade Organisation (WTO) in December of 2011, one of the requirements for the entry into the organization was that the country had to reduce export and import tariffs on forest products.

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Stora Enso operating profits fall 11.4%

Timber Trades Journal
February 9, 2012
Category: Business & Politics
Region: International

Stora Enso’s wood products division reported an 11.4% reduction in its operating profits (before interest and tax EBIT) for the full year 2011. EBIT totalled €62.8bn (2010: €70.9), while sales were higher at €1.67bn (2010: €1.58bn). The sawmilling giant delivered 4.92 million m³ of products for construction and interior uses, as well as solid biofules for the energy sector. The share of value-added products increased to 33% (2010: 31%).

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Gunns pulp mill warning

ABC News, Australia
February 9, 2012
Category: Business & Politics
Region: International

The Tasmanian Premier is refusing to buy into Opposition calls for her to sack the Greens Minister, Nick McKim, from her Cabinet. The Greens Leader is under fire for warning potential Gunns’ investors to expect a backlash from pulp mill opponents. The timber company has signed an agreement with the New Zealand born billionaire, Richard Chandler, to raise company capital to $380 million. The deal is expected to help Gunns secure a partner for the controversial Tamar Valley pulp mill.

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Wood, Paper & Green Building

LACEY Act, Wood Bugs, Cabinetry Maker’s $82 M Capital Spend

Woodworking Network
February 9, 2012
Category: Wood, Paper & Green Building
Region: United States

Acquisitions, regulation, and capital investment and reallocation in wood manufacturing topped the stories again this week. Furniture maker Knoll acquired two firms; HNI’s earnings rose; a LACEY Act modification gained steam in Congress following Gibson Guitar’s run-in with the Federal police over undocumented exotic wood. Fortune Brands Home & Security upped its capital investment plans to $80 million for 2012, about a 17 percent rise from the $65 million it spent last year. Chris Klein, CEO, says the market is improving.

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WOOD PLASTIC COMPOSITES

Plastic Europe
February 8, 2012
Category: Wood, Paper & Green Building
Region: United States, International

Demand for wood plastic composite and plastic lumber in the US is projected to increase by over 13% annually up to 2015, when it will reach USD 5.4 bn, representing 1.18m t of plastic, according to a recently published report, “Wood-plastic composite & plastic lumber”, from market researcher Freedonia (Cleveland, Ohio / USA; www.freedoniagroup.com). Gains will be driven by an increase in construction expenditure from a depressed 2010 base and increasing consumer demand for building products made from composite and plastic lumber, replacing more traditional materials, such as natural wood.

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Good Riddance to Old Rubbish

By Lydia DePhillis
Washington City Paper (blog)
February 8, 2012
Category: Wood, Paper & Green Building
Region: US East, United States

Last month, the District got one of those rankings that it knows is meaningless but celebrates anyway: It has more building square feet per capita certified by the U.S. Green Building Council as enviro-friendly than any state in the nation. Win! It’s meaningless in part because D.C. is a city and can’t realistically be compared to bigger states, with rural and urban areas and everything in between. Still, D.C. does have one of the strongest green building laws in the country. Starting in 2012, all new private buildings are required to meet Leadership in Energy and Environmental Design standards (LEED).

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Forestry

Video: Richard Brinker on the SFI Program

Sustainable Forestry Initiative
February 9, 2012
Category: Forestry
Region: Canada, United States

R. Brinker, Dean Emeritus, Auburn School of Forestry & Wildlife Sciences, talks about the objective role of SFI’s ERP.

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Collapse and renewal

Banff Crag & Canyon
February 8, 2012
Category: Forestry
Region: Canada, Canada West

In less than 30 years, three massive bark beetle epidemics in the northwest have dramatically changed the North American landscape. In the first Bow Valley Naturalists meeting of 2012, award-winning journalist Andrew Nikiforuk gave a presentation titled The Beetle Economy: A Modern Tale of Collapse and Renewal. Nikiforuk explained that the only way to renew a forest is by allowing fire or allowing bark beetles. For years, humans practiced fire suppression, leaving much of our current forests aged. This, along with climate change, are some of the main reasons for these epidemics. Most of the beetle news we hear about in Alberta and British Columbia is focused on the mountain pine beetle. No bigger than a rice kernel, Nikiforuk described the damage these bullet-shaped beetles can do. A simple drive through the interior of B.C. reveals this damage in a blaze of red across acres of forest.

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Pat Bell WSCA Conference 2012 YouTube

You Tube
February 8, 2012
Category: Forestry
Region: Canada, Canada West

A presentation recorded at the Western Silvicultural Contractors’ Association Conference in Kamloops, BC, from February 1st through 3rd, 2012. The Honorable Pat Bell is the Minister of Jobs, Tourism, and Innovation. His presentation was entitled, “The BC Jobs Strategy and Forestry Sector.”

[You Tube Video of his presentation] ~50 minutes

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Cariboo faller’s death examined

Prince George Citizen
February 8, 2012
Category: Forestry
Region: Canada, Canada West

In one week, a coroner’s inquest will delve into why a forest worker died on the job in the Cariboo. Charles Henry Engelbert died on April 17, 2010 the day after being critically injured while falling trees on a forestry worksite near Likely. “Presiding coroner Tom Pawlowski and a jury will hear evidence from subpoenaed witnesses to determine the facts surrounding this death,” said coroner Barb McLintock in a written statement on behalf of the BC Coroner’s Service. “While the jury may not, by law, make any findings of legal responsibility, it will have the opportunity to make recommendations aimed at preventing deaths under similar circumstances in the future.”

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Meadow Creek Cedar’s license suspended

Nelson Star
February 8, 2012
Category: Forestry
Region: Canada, Canada West

The Ministry of Forests has suspended Meadow Creek Cedar’s forest license and fined the company 42,000 for failing to meet reforestation obligations. The ministry says a recent investigation by compliance and enforcement staff found the company didn’t achieve “minimum restocking requirements” on six separate cut blocks. …Meadow Creek Cedar’s former professional forester acknowledged the company’s violations in an agreed statement of facts submitted at a hearing on December 13. Kootenay Lake Forest District manager Garth Wiggill advised the company of its suspension on Friday, which takes effect at the end of the month.

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Partnership formed for sustainable growth

Tofino-Ucluelet Westerly News
February 9, 2012
Category: Forestry
Region: Canada, Canada West

A unique partnership has been struck to spark local economic growth. The Toquaht Nation has teamed up with the District of Ucluelet to present a community forest application to BC’s Ministry of Forests. The two groups recently reached a limited-partnership agreement and have formed the Barkley Community Forest Corporation (BCFC). The BCFC will be run by a five-person board of directors comprised of two Toquaht Nation representatives, two district representatives, and one non-partisan member agreed upon by both parties.

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Four community forests operations on Sunshine Coast get good audits

BC Forest Practices Board press release
February 8, 2012
Category: Forestry
Region: Canada, Canada West

VICTORIA – Forest practices in the Sechelt and Powell River Community Forests, and two community forest licences held by the Sliammon and Klahoose First Nations, all complied with provincial forestry legislation, according to a Forest Practices Board audit report released today. “All four of these operations are small, community-based forest tenures and we are pleased to see that they are following the requirements of the Forest and Range Practices Act and the Wildfire Act,” said board chair, Al Gorley.

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Forest Products Employees Urge Obama Administration to Seek Supreme Court Review of Forest Runoff Ruling

By The Pulp & Paperworkers’ Resource Council
MarketWatch (press release)
February 8, 2012
Category: Forestry
Region: United States

WASHINGTON — American workers employed in the U.S. forest products industry today urged members of the Obama administration to ask the Supreme Court to review a pending case that could threaten tens of thousands of forestry-related jobs. The Pulp & Paperworkers’ Resource Council (PPRC) is a grassroots organization of hourly employees of the forest products industry who work on issues that impact jobs in their industry. PPRC members from across the U.S. visited Washington this week to discuss the issue with administration officials of the White House, the Environmental Protection Agency, the Domestic Policy Council, the Council on Environmental Quality, the Office of Management and Budget and the U.S. Forest Service.

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California wildlife agency to sue feds over levee tree policy

Sacramento Bee
February 8, 2012
Category: Forestry
Region: United States

The California Department of Fish and Game intends to sue the U.S. Army Corps of Engineers over its controversial policy banning trees on levees, warning the policy could devastate wildlife and riparian habitat. The department on Wednesday sent the Army Corps a 60-day notice of intent to sue, a required precursor to a lawsuit under the federal Endangered Species Act. The state previously sought to join an earlier lawsuit, filed by the Sacramento-based environmental group Friends of the River, but was denied on procedural grounds.

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US Cities Are Losing 4 Million Trees a Year

The Atlantic Cities
February 9, 2012
Category: Forestry
Region: United States

Trees can do a lot for a city. From an environmental perspective, they improve air quality and also reduce temperatures, leading to lower energy consumption. From an economic one, they’ve been tied to increased property value, particularly in highly walkable neighborhoods. From a psychological view, urban trees even have an incredible restorative effect on our attention. But cities aren’t doing much for their trees in return. In fact, urban America is losing tree cover at a steady rate, according to a study published in the latest issue of the journal Urban Forestry & Urban Greening. 

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Televised Debate On Oregon Forest Plan Produces Sparks

OPB News
February 8, 2012
Category: Forestry
Region: United States, US West

MEDFORD – The imminent loss of federal support to Oregon’s forested counties to replace timber receipts of the past is fueling a spirited debate about increasing logging in those counties. Sparks from that debate were on display Tuesday night during a forum hosted by Southern Oregon Public Television and EarthFix, a regional collaboration of public media in the Northwest. “Local Focus: Dollars and Trees” brought together a diverse panel, including Steve Swanson, president of the Swanson Group, which mills lumber and plywood in Oregon, and Eugene-based environmentalist Doug Heiken of Oregon Wild.

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Trying to stump tree clear cutting

Lewisboro Ledger
February 9, 2012
Category: Forestry
Region: US East, United States

Preserving the beauty and character of Lewisboro by preventing clear-cutting and preserving healthy mature trees is the focus of a revised tree ordinance being considered by the Town Board. Officials sat down with Janet Andersen and Jeff White of the town’s Conservation Advisory Council (CAC) at their Monday night work session to review a five-page draft ordinance prepared by the CAC for the town’s consideration. “We are not getting what we need from our current ordinance,” Ms. Andersen said. “It only restricts cutting of more than five acres and not in all circumstances. The town wetland ordinance does not cover tree cutting on steep slopes or other areas that may cause erosion, silting or other environmental damage.”

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Forest Hero: UN awards Amazon Campaign Director

Greenpeace International (blog)
February 9, 2012
Category: Forestry
Region: International

Paulo Adario, who heads up our Amazon campaign, may not be your archetypal hero (we’ve never seen him don tights), but we’re proud to announce that he has just been awarded the honour of “Forest Hero” by the UN. He’s not one to tout his own accomplishments, so we’re going to tell you more about Paulo’s work, as he receives his award today at the United Nations ceremony for the Year of the Forests in New York.

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Mashco-Piro Tribe Appearance: Peru Reportedly Raids Illegal Logging Site

Huffington Post
February 8, 2012
Category: Forestry
Region: International

Advocacy group Survival International reports that Peru has raided an illegal logging site in the Manú National Park, where a previously uncontacted Amazon tribe was spotted two weeks ago. Members of the Mashco-Piro tribe started to appear on the banks of a busy river and were blamed for bow-and-arrow attacks in the region, the Associated Press reports. According to scientists, their appearance may have been related to the activities of loggers and the appearance of low-flying aircraft in the tribe’s territory.

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Pablo Solon on the International Campaign Against the Commodification of Nature

A bottom-up international campaign against the commodification and financialization of Nature
Global Justice Ecology Project
February 8, 2012
Category: Forestry
Region: International

The draft zero for Rio + 20 Conference of the United Nations -entitled The Future We Want- was published in January 2012. Its main purpose is to promote a “Green Economy”. In draft zero, this concept of the Green Economy is left deliberately vague: there is no clear definition provided and no clarity on the usage of this term. In reality, however, it aims to promote the further commodification and financialization of nature by introducing new market mechanisms such as carbon markets that were first introduced a decade ago through the Kyoto Protocol and REDD (Reduced Emissions from Deforestation and Degradation) programs which put a monetary price on carbon storage in forests.

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Carbon, Climate & Bioenergy

Biomass plant to be online by 2013

Flathead Electric and Stoltze sign historic power agreement
Hungry Horse News
February 8, 2012
Category: Carbon, Climate & Bioenergy
Region: United States, US West

In what is being described as a win-win deal for jobs, alternative energy and forest health, Flathead Electric Cooperative signed a power purchase agreement with F.H. Stoltze Land & Lumber Co. on Jan. 31 for biomass energy from the timber company’s mill. In the 20-year agreement, which begins in 2013, the Co-op agreed to purchase up to 2.5 megawatts of power at 9 cents per kilowatt-hour. The Co-op will receive Renewable Energy Credits as a result of the purchase. “Not only is this agreement great for the community, but it will provide a renewable energy source and also help manage the forests,” Stoltze vice president Chuck Roady said.

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Housing and Environment Minister: Proposed Forestry Authority will do more

Trinidad Guardian
February 9, 2012
Category: Carbon, Climate & Bioenergy
Region: International

Housing and Environment Minister Dr Roodal Moonilal says a Forestry Authority will have greater autonomy and independence than a traditional division. He said it could create about 100 jobs. He said the authority will focus on “cutting edge” scientific areas in the field of climate change and the environment. He was speaking to the media after delivering the feature address at the formal opening of the 2nd annual National Biodiversity Research Poster and Paper Symposium at the Ambassador Hotel, Long Circular yesterday. On Monday and last Friday, scores of workers from the division protested in Port-of-Spain against the establishment of an authority.

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