Tree Frog Forestry News

Daily Archives: July 11, 2012

Business & Politics

Fortress Paper CEO Defies Investors to Buy Into Pulp Plan

Bloomberg
July 11, 2012
Category: Business & Politics
Region: Canada

Fortress Paper Ltd. Chief Executive Officer Chad Wasilenkoff says his strategy of buying unprofitable Canadian pulp mills will either spark a rally or push him to buy the whole company. Wasilenkoff is betting idled paper-grade pulp mills can be transformed into some of the world’s lowest-cost makers of the pulp used in synthetic fabrics and LCD screens. Fortress bought a second Quebec mill last month and the CEO said he’s in talks to acquire another in North America and one in Europe.

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Sino-Forest creditors to take control; sale shelved

Reuters
July 10, 2012
Category: Business & Politics
Region: Canada

Sino-Forest Corp said on Tuesday it terminated a proposed asset sale, in favor of a plan that calls for the company’s creditors acquire all of its forestry assets. The China-focused forestry company’s shares plummeted in June 2011 after a short-seller accused it of exaggerating the size of its forestry assets. The company, whose stock has since been de-listed by the Toronto Stock Exchange, was granted protection from creditors by a Canadian court in March.

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Tembec to idle British Columbia pulp mill

Reuters
July 10, 2012
Category: Business & Politics
Region: Canada, Canada West

Canadian forestry company Tembec Inc said it will indefinitely idle its high-yield pulp mill in Chetwynd, British Columbia, as the pulp market has continued to soften over the past year. The Chetwynd mill, which employs 115 people and has an annual production capacity of 240,000 tonnes, will be idled as of September 16, the company said. “At today’s price levels, it is virtually impossible to maintain viable operations given the current cost structure of the Chetwynd mill,” Tembec Executive Vice President Chris Black said in a statement.

Press Release from Tembec

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Catalyst pays its full tax bill

Alberni Valley Times
July 11, 2012
Category: Business & Politics
Region: Canada, Canada West

Catalyst Paper paid its entire property tax on June 29 to the tune of $4,214,654 of which, $3,813,210 is municipal taxes that go directly into City coffers. The payment came days after Catalyst got approval from its creditors for a restructuring plan that should see the mill stay open. In the payment letter, Tom Paisley, general manager of the Port Alberni division, lauded the City for its efforts in working with Catalyst, He also commended actions taken to create a constructive business climate in Port Alberni.

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Pacific West ready to spend $33 million on NewPage mill

Cape Breton Post
July 10, 2012
Category: Business & Politics
Region: Canada East, Canada

POINT TUPPER — Pacific West Commercial Corp., which is working to buy the idled NewPage Port Hawkesbury paper mill, will pay $33 million for the company’s assets if the sale goes ahead, documents filed with the Nova Scotia Supreme Court show. Pacific West, which is associated with Stern Partners and based in Vancouver, was named earlier this year as the successful bidder for the mill, which has been shut down since September. But the purchase price was first disclosed in an affidavit by Peter Wedlake, NewPage’s chief restructuring officer, filed with the court last week.

Also
Pacific West poised to spend $33 million on idled Nova Scotia paper mill from the Canadian Press
BC firm bid $33m for NewPage from the Chronicle Herald

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NewPage deal won’t increase Nova Scotia Power’s costs

July 11, 2012
Category: Business & Politics
Region: Canada East, Canada

An agreement between Nova Scotia Power and a would-be buyer of a shuttered Cape Breton paper mill won’t increase the utility’s costs, both parties say. Pacific West Commercial Corp. is telling the provincial regulator that it will cover all of the mill’s fuel costs under the deal. “The mill will not increase the cost for other ratepayers and the arrangement does not reduce the ‘incremental’ cost paid by the mill,” the Vancouver company says in a filing the provincial Utility and Review Board made public this week.

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Leon Black’s Bid Entices NewPage Bondholders: Corporate Finance

Bloomberg
July 11, 2012
Category: Business & Politics
Region: United States

NewPage Corp. debtholders are betting Leon Black’s Apollo Global Management LLC will raise its bid to obtain control of the paper maker instead of letting the firm emerge from bankruptcy and compete with Verso Paper Corp. First-lien bondholders of the largest U.S. coated-paper maker, which include BlackRock Inc. and JPMorgan Chase & Co., turned down a deal that would have given them 83 cents on the dollar, according to a July 3 regulatory filing from Verso, which is controlled by Apollo. NewPage’s $1.77 billion of 11.375 percent bonds traded at 69 cents on the dollar at 9:56 a.m. in New York today, above the 48 cent value that JPMorgan put on the company if it were to emerge as an independent business.

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UK Timber Industry Associations Sign Accord

Common Goals and Objectives Agreed for Industry to “act as one”
IHB
July 10, 2012
Category: Business & Politics
Region: International

The eleven trade bodies representing the supply chain of the forestry and timber industries have signed an historic Industry Accord in order to improve competitiveness and performance across the sector.  The Accord was signed at the offices of the Timber Trade Federation by the Chief Executives of each of the Associations. It commits each to working together in areas of common interest and strategic goals, in particular to ensure that stakeholders see a joined up, collaborative approach and that best use is made of available funding and resources.

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Wood, Paper & Green Building

Dave Matthews Band on Deforestation & Illegal Wood

Huffington Post
July 10, 2012
Category: Wood, Paper & Green Building
Region: United States

Stefan Lessard, founding member of Dave Matthews Band, recently wrote an editorial in the Richmond Times-Dispatch which condemned efforts to undermine a critical U.S. law that is helping curb deforestation by stopping the flow of illegal wood and wood products. The law, the Lacey Act, is under attack by some companies and Members of Congress. One House of Representatives committee recently passed a bill to undermine the Lacey Act, despite bi-partisan opposition to the bill’s passage. And House Leadership is pushing for this bill to come up for a vote by the whole House of Representatives before the end of July. Passage of this bill would be devastating for efforts to address deforestation, as Dave Matthews Band and other leading musicians recognized.

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Going paperless may not be better for the environment, according to Two Sides

Two Sides
July 9, 2012
Category: Wood, Paper & Green Building
Region: United States

CHICAGO, July 10, 2012 –Non-profit launches educational campaign to promote proper marketing claims related to print and paper. Two Sides today announced a nationwide initiative to assist major U.S. companies in developing and implementing best practices related to environmental marketing claims for print and paper. According to Two Sides research on 94 leading companies, 50 percent of them are using unsubstantiated environmental claims to encourage consumers to switch to lower-cost electronic billing and services.

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MP pleads for bigger focus on timber ‘dumping’

ABC News, Australia
July 11, 2012
Category: Wood, Paper & Green Building
Region: International

Federal Liberal MP Dan Tehan is urging the Government to prevent the dumping of cheap housing timber onto the Australian market. The Construction, Forestry, Mining and Energy Union says hundreds of jobs in the timber industry could be lost. It says almost 30 per cent of house framing timber in the Australian market is imported and priced below the cost of production.

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Wood Fiber Costs for European Pulp Industry Fall from 2011 Record Highs

Lesprom
July 10, 2012
Category: Wood, Paper & Green Building
Region: International

Wood costs for many European pulp mills have fallen the past six months as the pulp market has weakened. In the Nordic countries, pulplog and wood chip prices have fallen 11-15 percent from last spring, as Wood Resource Quarterly reported. Despite the price decline, Europe continues to have some of the highest wood fiber costs in the world. Wood fiber costs for pulp mills fell in practically all major markets of Europe in the 1Q/12 because of weaker pulp markets in late 2011 and early 2012.

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Forestry

FireSmart program reduces wildfire risks in communities

Ministry of Forests, Lands and Natural Resource Operations
BC Government
July 10, 2012
Category: Forestry
Region: Canada, Canada West

KAMLOOPS – The B.C. government is encouraging residents of wildland-urban interface areas to help safeguard their homes and communities by becoming more “FireSmart”. Partners in Protection Canada publishes “FireSmart: Protecting Your Community from Wildfire”, which has been widely distributed in Canada and abroad. The manual offers homeowners, businesses and communities a comprehensive guide to mitigating wildfire risks and making properties more fire-resistant.

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Wildfire forces evacuation of tiny northern Alberta hamlet

Edmonton Journal
July 11, 2012
Category: Forestry
Region: Canada West

The tiny northern Alberta hamlet of Zama was placed under a mandatory evacuation order late Tuesday because of an encroaching wildfire, county officials say. Zama’s approximately 150 residents were ordered to leave at 9:36 p.m. after officials spotted the fire burning about 10 kilometres from the town, said John Klassen, director of operations for Mackenzie County. The fire was being fuelled by strong northwest wind gusts, he said.

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Forest fire near Grand Falls-Windsor

Grand Falls-Windsor Advertiser
July 10, 2012
Category: Forestry
Region: Canada East, Canada

There is a forest fire burning west of Grand Falls-Windsor near Rushy Pond. According to Steve Balsom, the on duty officer with Fire and Emergency Services, they received the first report of the fire late Tuesday afternoon. Balsom said there were two crews of eight people and one air tanker working to extinguish the 1.6 hectare blaze.

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Logging blockades: the Atikamekw give one more chance to negotiation

Canada NewsWire (press release)
July 10, 2012
Category: Forestry
Region: Canada East, Canada

NITASKINAN, QC – After consulting their members, the Conseil des Atikamekw d’Opitciwan, the Conseil des Atikamekw de Manawan, the Conseil des Atikamekw de Wemotaci and the Atikamekw Nation Council announce, despite the fact that their members have expressed doubts on the matter, that they will give priority to negotiation with the Québec Government, and give one more chance to the process started yesterday (July 9). Negotiation will have to show fast progress though, they warn, and the August 30 deadline will definitely need to be respected. Therefore the blockades that had been suspended last Friday will remain opened while the negotiation takes place.

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Wildland firefighters win federal health benefits

Associated Press
July 11, 2012
Category: Forestry
Region: United States

DENVER — President Barack Obama will make federal health insurance available to about 8,000 temporary wildland firefighters, a White House official said Tuesday. Despite the grueling and dangerous work they do, the 8,000 firefighters aren’t covered by federal health insurance because they are temporary seasonal employees. Under federal personnel rules, such employees can’t buy into federal health insurance plans.  The White House official said firefighters will get access to federal insurance plans this month. The official spoke on condition of anonymity because Obama’s decision hasn’t been formally announced.

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Storm Sparks Three New Fires in Bitterroot Forest

KGVO.com
July 10, 2012
Category: Forestry
Region: United States, US West

Firefighters are currently on the scene of three new lightning caused wildfires burning in the Bitterroot National Forest. All of the fires were discovered this afternoon and were likely started by lightning from last night’s dry thunderstorms. Two firefighters were flown in by helicopter to one of the more remote fires burning on the West Fork Ranger District northwest of Bare Cone Lookout near Watchtower trailhead. All of the fires are currently less than one acre in size.

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Wildfire still active Mendocino National Forest

Associated Press
July 10, 2012
Category: Forestry
Region: United States, US West

WILLITS, Calif.—Federal fire officials say a wildfire in the Mendocino National Forest that has already burned about 13,000 acres remains active.  Fire information officer Tamara Schmidt on Tuesday says erratic and gusty afternoon winds, high temperatures, low humidity and overall dry conditions continue to spread the fire which is now 20 percent contained and has so far cost $1.2 million to contain.

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Timber Harvest Levels Increase On Oregon’s Forests

KLCC FM Public Radio
July 10, 2012
Category: Forestry
Region: United States, US West

Though 32 percent more trees were cut this year compared to 2009, the number is nowhere near what it used to be. Last year’s harvest was only a tenth of what it was 25 years ago. Jeri Chase is with the Oregon Department of Forestry. She says the higher harvest levels are good for the economy and shouldn’t have any environmental repercussions. “Most of these timber sales came from contracts that were already in place. Purchasers are just deciding to go ahead and harvest that timber. They’re following all of the Oregon environmental protection laws that are currently in place.”

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Lawsuit Launched to Protect Rare Alaskan Wolf

Obama Administration Delays Protection for Alexander Archipelago Wolf Threatened by Logging in Tongass National Forest
Center for Biological Diversity (press release)
July 10, 2012
Category: Forestry
Region: United States, US West

ANCHORAGE, Alaska— The Center for Biological Diversity and Greenpeace notified the U.S. Fish and Wildlife Service today of their intent to file suit against the agency for delaying Endangered Species Act protection for the Alexander Archipelago wolf, a rare subspecies of gray wolf found only in the old-growth forests of southeast Alaska. In August 2011 the groups filed a petition to protect the wolves, which are at risk of extinction because of the U.S. Forest Service’s unsustainable logging and road-building practices in the Tongass National Forest.

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Enviro Centre wants logging to cease in Pine Creek Forest

Koala Land
July 10, 2012
Category: Forestry
Region: International

The Bellingen Environment Centre is appealing to State Environment Minister, Robyn Parker to stop logging at Pine Creek Forest which is home to the same large colony of some 400 Koalas who frequent neighboring Boambee Forest.During the past months concerned residents of Bellingen have been reporting Koalas coming down into the fringes of the town as they are forced out of Pine Creek Forest through breaches of the Harvest Plan

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Forestry peace deal ‘alive’

ABC News, Australia
July 11, 2012
Category: Forestry
Region: International

The Tasmanian Premier, Lara Giddings, has dismissed a former Tasmanian leader’s claim the state’s forestry peace deal is dead. Former Labor Premier Paul Lennon believes industry and environmentalists will never reach an agreement on the future of forestry because their positions are too far apart. The groups have less than two weeks to strike a deal to reduce the amount of native forest logging in the state.

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Carbon, Climate & Bioenergy

Seattle Steam Plant Assailed as Producer of ‘Dirty Heat’ Despite Green Credentials

Seattle Weekly
July 10, 2012
Category: Carbon, Climate & Bioenergy
Region: United States, US West

A downtown energy plant has become a target for activists who claim the facility is producing “dirty heat” that is poisoning the environment and literally threatening our lives. “It’s connected with cancer, strokes, heart attacks,” said Duff Badgley, one of several dozen activists who staged a protest yesterday. Yet the facility in question–Seattle Steam’s new biomass plant–is producing a type of energy often hailed by environmentalists.

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General

NewPage deal won’t increase Nova Scotia Power’s costs

July 11, 2012
Category: Uncategorised

An agreement between Nova Scotia Power and a would-be buyer of a shuttered Cape Breton paper mill won’t increase the utility’s costs, both parties say. Pacific West Commercial Corp. is telling the provincial regulator that it will cover all of the mill’s fuel costs under the deal. “The mill will not increase the cost for other ratepayers and the arrangement does not reduce the ‘incremental’ cost paid by the mill,” the Vancouver company says in a filing the provincial Utility and Review Board made public this week.

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