Tree Frog Forestry News

Daily Archives: November 2, 2012

Business & Politics

Resolute Forest posts Q3 profit of US$31M; revenue down slightly at $1.15B

Canadian Press
November 2, 2012
Category: Business & Politics
Region: Canada

MONTREAL – Resolute Forest Products, the company formerly known as AbitibiBowater, swung to a profit in the third quarter, reversing a big year-earlier loss.  Resolute said Friday that it earned net income of US$31 million or 32 cents per diluted share on sales of US$1.15 billion in the period ended Sept. 30. …”We’re pleased with these results, considering the specific challenges we faced in the quarter and the unexpected extent of the maintenance required to bring our recently acquired St. Felicien mill up to par,” said Richard Garneau, president and chief executive officer.

Click here for press release from Resolute Forest Products

Read More

Abandoned Cranbrook sawmill goes up in flames

Vancouver Sun
November 2, 2012
Category: Business & Politics
Region: Canada, Canada West

An abandoned sawmill went up in flames in Cranbrook Thursday night, requiring the attention of the entire fire department.  The
Tembec planer mill caught fire shortly before 10 p.m. Mountain Time – 9
p.m. Pacific Standard Time – said Chris Zettel, a spokesman for the
City of Cranbrook.  Cranbroook’s 16 firefighters rushed to the
site, located near the edge of the town’s industrial park on the west
side of the railway tracks that run through the East Kootenays
community.  Firefighters were busy through the night watching for hot spots after flames tore through the mill.

Fire Topples former Tembec planer mill from the Cranbook Townsmen

Read More

Interfor’s Q3 Results Improve on Higher Volumes; Grand Forks Project Scheduled to Start-Up in December

MarketWatch (press release)
November 1, 2012
Category: Business & Politics
Region: Canada, Canada West

VANCOVUER, BRITISH COLUMBIA — International Forest Products Limited CA:IFP.A 0.00% reported net earnings of $1.1 million or $0.02 per share in the third quarter of 2012. Excluding restructuring costs and other one-time items, the Company’s net earnings in the third quarter were $0.6 million or $0.01 per share compared with net earnings of $0.9 million or $0.02 per share in the second quarter of 2012 and net earnings of $2.4 million or $0.04 per share in the third quarter of 2011.

Read More

Closure of mill a blow to NS paper industry

CTV News
November 1, 2012
Category: Business & Politics
Region: Canada East, Canada

HALIFAX — Nova Scotia’s teetering forestry industry suffered another blow Thursday with the announcement that an 85-year-old paper mill would shut down next month, the third in the province to do so in little over a year. Minas Basin Pulp and Power Company Ltd., a producer of recycled paperboard products, said it would halt operations in December, throwing 135 workers out of their jobs and delivering a major setback to the Annapolis Valley economy. “It’s a sad day indeed,” said Scott Travers, who served as company president until Wednesday night.

Hantsport ponders future without Minas Basin paper mill from Chronicle Herald
Minas Basin Pulp and Power mill to close from The Hants Journal
Hanstport mill to lay off 135 employees from CBC News
Mill closing hits workers, local business hard from the Chronicle Herald

Read More

Hantsport mill closure prompts opposition attack on NDP policies

MetroNews Canada
November 2, 2012
Category: Business & Politics
Region: Canada East, Canada

On the same day that the province shed another 100 forestry-related jobs, opposition parties slammed Premier Darrell Dexter government’s economic record and its inability to ‘diversify the economy.’ Minas Basin Pulp and Power in Hantsport announced Thursday that it will close next month, eliminating 135 jobs. Minister of Economic and Rural Development Percy Paris bore the brunt of the response from the opposition during the legislature’s question period Thursday.

Read More

Stella-Jones to buy rival McFarland Cascade

Globe and Mail
November 2, 2012
Category: Business & Politics
Region: Canada East, Canada

Stella-Jones Inc. has zeroed in on a U.S. acquisition target that will provide a major boost to its presence in the North American wood treating business. The Montreal-based pressure treated wood products has signed a non-binding letter of agreement to buy the shares of rival McFarland Cascade Holdings Inc. for a deal valued at about $230-million (U.S.). Once concluded, the acquisition will be Stella-Jones’ biggest ever. The company – whose product line includes railway ties and utility poles – has been on the hunt for a suitable acquisition to take it to the next level.

Read More

Mercer International Inc. Reports 2012 Third Quarter Results

Equities.com
November 1, 2012
Category: Business & Politics
Region: United States

NEW YORK,– Mercer International Inc) today reported results for the third quarter ended September 30, 2012. Operating EBITDA* in the third quarter of 2012 was €22.3 million ($27.9 million), compared to €49.2 million ($69.5 million) in the third quarter of 2011 and €32.9 million ($42.2 million) in the second quarter of 2012.  For the third quarter of 2012, we had a net loss of €9.7 million ($12.1
million), or €0.17 ($0.21) per basic share, compared to net income of
€8.4 million ($11.9 million), or €0.15 ($0.21) per basic share, in the
third quarter of 2011 and net income of €1.5 million ($1.9 million), or
€0.03 ($0.04) per basic share, for the second quarter of 2012.

Read More

Boise Cascade bounces back

Mail Tribune
October 26, 2012
Category: Business & Politics
Region: United States, US West

Increased demand for wood products means more profits for Boise Cascade Holdings and more jobs in the Rogue Valley. The Boise, Idaho-based company reported net income in the third quarter of $23.5 million on sales of $764.6 million, a healthy boost from a loss of $3.7 million on sales of $628 million in the same quarter a year ago. Accompanying the sales increase is a sizable increase in hiring by the company, which expects by year-end to have added about 250 workers in 2012 to its Western Oregon division.

Click here for press release from Boise Cascade

Read More

New Zealand log export update

International Forest Industries
November 2, 2012
Category: Business & Politics
Region: International

New Zealand log exports have remained consistent this year, now recording a 7th consecutive month above 1million m³ in August. Year to date figures show a 3% increase in exports compared to the year to August 2011 on the back of a strong month in June. Since June exports have fallen to be similar to 2011. Exports to China are up 9% compared to year to August totals for 2011 despite China importing less logs overall during this time.

Read More

Wood, Paper & Green Building

US industry consumption of recovered paper down 8 per cent in September 2012

Pulp and Paper News
November 2, 2012
Category: Wood, Paper & Green Building
Region: United States

The American Forest & Paper Association released its September 2012 U.S. Recovered Fiber Monthly Report which said total U.S. industry consumption of recovered paper in September was 2.36 million tons, 8 percent lower than August 2012. Year-to-date total consumption in 2012 is 4 percent lower than during the same period last year. U.S. exports of recovered paper, as reported by the U.S. Census Bureau, decreased 4 percent in August compared to July, led by a drop in Mixed Papers exports which fell after a very strong July.

Read More

Forestry

Reliable forestry work has all but disappeared

Letter by Frank G. Sterle, Jr.,
Langley Times
November 2, 2012
Category: Forestry
Region: Canada, Canada West

Editor: Re: “Forest preservation group gets extra 30 days,” (The Times, Oct. 25). Considering how the rest of B.C. is abusing our pure oxygen producing trees, should there be any real surprise that B.C.’s Liberal government — by its notoriously pathetic non-maintenance of B.C.’s forests — has been breaking provincial law stating that it must adequately maintain a healthy forestry sector.

Read More

Forestry worker death inquest starts Dec.3

CBC News
November 1, 2012
Category: Forestry
Region: Canada East, Canada

The deputy chief coroner for inquests says a date has been set for an inquest into the death of 19-year-old Mathieu Labreche. Labreche died on May 16, 2005 from injuries received during his course of forestry employment in the Timmins area. The inquest is mandatory under the Coroners Act and is expected to hear from six witnesses over three days beginning on Dec. 3.

Inquest called into fatal fall from Timmins Press

Read More

Study: Climate change to blame for unusual tree growth patterns

Western News
November 1, 2012
Category: Forestry
Region: International

New findings from an international research team led by Western Geography professor Brian Luckman, based on tree-ring patterns, show unusual patterns of tree growth in the Southern Hemisphere relating to recent changes in the atmospheric circulation. …Based on data from more than 3,000 trees in Chile,
Argentina, Tasmania and New Zealand, the study, entitled Unusual
Southern Hemisphere tree growth patterns induced by changes in the Southern
Annular Mode
,
shows unusual decreases in tree growth over the last 50 years in Patagonia but
increased growth in Tasmania and New Zealand.

Read More

Myanmar to suspend wood log export

Live Trading News
November 2, 2012
Category: Forestry
Region: International

Myanmar will suspend its wood log export in 2014 in a bid to eradicate wood log smuggling and conserve forest, local media reported Thursday. The suspension will be effective from April of the year, reported the 7-Day News, quoting an announcement of the Ministry of Environment and Forestry. Myanmar exported teak mostly to neighboring India and China at a rate of 1.6 million tons annually, earning US$522-M, the London-based Environment Investigation Agency was cited as saying.

Read More

Sustainable forestry à la Sweden

Forests Blog, CIFOR
November 2, 2012
Category: Forestry
Region: International

Could the “Swedish model” of sustainable forest management be part of the solution for forestry in other parts of the world? This is the final question posed in the video above, which was first presented by Sweden at the Rio+20 conference last June. The Swedish forest story spans 100 years of policy development, multiple and changing forest management objectives, and the perceptions of stakeholders. It is certainly a story well-worth telling. I also recognise my own roots – Swedish foresters are brought up with certain perspectives on how forests should be managed.

Read More

HSBC makes almost £100million from ‘bankrolling’ Malaysian rainforest destruction, watchdog claims

Daily Mail
November 2, 2012
Category: Forestry
Region: International

Global banking giant HSBC has raked in nearly £100m by bankrolling Malaysian logging companies who cause widespread rainforest destruction and abuse human rights, a watchdog has claimed. The bank is also providing financial services to companies widely suspected of systematic bribery and corruption in Sarawak, Malaysia, according to an investigation by The Global Witness. The region exports more tropical timber than South America and Africa combined and HSBC’s loans and services to logging conglomerates have generated at least £80m in interest and fees.

Read More

Ash dieback: Forestry companies blame ‘chaotic’ import system

The origins and health of hundreds of thousands of young trees are unknown, says the UK’s biggest container tree grower
The Guardian
November 1, 2012
Category: Forestry
Region: International

Nurseries import hundreds of thousands of potentially diseased ash trees into Britain every year because the grant system that funds most commercial tree planting is unpredictable and chaotic, leading forestry companies have claimed. … “The government has not banned imports – it has just insisted that ash trees come from a pest-free area,” said Jamie Dewhurst of J&A Growers. “It is possible for anywhere in Europe to be declared a pest-free area, so imports may continue after inspections. We cannot rely on the government to sort out this mess: the fact remains that the European plant health regime has proved to be inadequate.”

Read More

Union wants timber action

ABC News, Australia
November 2, 2012
Category: Forestry
Region: International

The Construction, Forestry, Mining and Energy Union says the Federal Government needs to pass its logging legislation, or more jobs will be lost at timber mills in the New South Wales south east. The Union’s State secretary for forestry, Craig Smith, says if the Illegal Logging Prohibition legislation is not passed, price dumping by international timber companies will continue. He says the Member for Eden-Monaro, Mike Kelly, needs to lobby MPs to get the legislation through.

Read More

Difficulties ahead for Russian logging industry

International Forest Industries
November 2, 2012
Category: Forestry
Region: International

WOOD MARKETS successfully wrapped up its seventh international tour of Russia’s forest industry on 16 September 2012. Some key issues identified during the tour included: • Logging in Russia is in trouble. Costs are rising rapidly and good timberland is getting further away from the mills and major transportation networks. The government is not investing in the expansion of a transportation infrastructure for the forest industry. Logging revenue is seriously impaired due to the lack of a market for coniferous pulp logs and all deciduous timber (except high-quality deciduous export logs).

Read More

Carbon, Climate & Bioenergy

Carbon tracking and climate models: Researchers study carbon cycling in deciduous trees

Phys.org
November 1, 2012
Category: Carbon, Climate & Bioenergy
Region: United States

Using dogwood trees, scientists are gaining a better understanding of the role photosynthesis and respiration play in the atmospheric carbon dioxide cycle. Their findings will aid computer modelers in improving the accuracy of climate simulations. … ORNL researchers are trying to determine how much carbon dioxide deciduous trees remove from the atmosphere and convert into energy, and where they store this energy. Trees and humans rely on similar types of energy. While we eat carbohydrates – which are merely chains of carbon-rich sugars – trees make their carbs by removing carbon dioxide from the atmosphere.

Read More

Prep work under way at Millinocket’s torrefied wood facility

Bangor Daily News
November 1, 2012
Category: Carbon, Climate & Bioenergy
Region: US East, United States

MILLINOCKET, Maine — Construction activity at the site of what will be New England’s first torrefied wood machine has begun, workers said Thursday. Demolition work on the foundations of several buildings and other prep work at the Great Northern Paper Co. LLC mill on Katahdin Avenue ramped up this week with about a dozen workers on site Thursday. About the only thing missing, Cate Street Capital spokesman Scott Tranchemontagne said, is a start date for construction of the $48 million torrefied wood machine.

Read More