Tree Frog Forestry News

Daily Archives: November 7, 2012

Business & Politics

Forest sector requests ongoing support for industry on the move

by Forest Products Association of Canada
Canada Newswire press release
November 7, 2012
Category: Business & Politics
Region: Canada

OTTAWA- The Forest Products Association of Canada (FPAC) is asking the federal government to use Budget 2013 to continue to build on the existing momentum of innovation and transformation in the job-rich forest sector. This should include replenishment of the successful Investments in Forest Industry Transformation (IFIT) program. The original $100 million IFIT program generated 107 applications and was over-subscribed by a factor of five, demonstrating the significant appetite by the Canadian forestry sector to develop and commercialize new innovative technologies in the areas of bio-energy, bio-chemicals and new solid wood projects.

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China eyeing timberland on Vancouver Island

Report claims Chinese state-owned firm is considering buying 12% stake in Island Timberlands
CBC News
November 6, 2012
Category: Business & Politics
Region: Canada, Canada West

The Wall Street Journal reported Tuesday that China is preparing to invest about $100 million in timber assets mainly on Vancouver Island. The Journal said China’s government wealth fund, the China Investment Corp., is negotiating with Toronto-based Brookfield Asset Management for a 12.5 per cent stake in Island Timberlands, which owns about 254,000 hectares of forest land.

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Timber! Chinese Firms Still Looking for Small Deals in Canada

Wall Street Journal (blog)
November 6, 2012
Category: Business & Politics
Region: Canada, Canada West

A decision by Ottawa on the $15.1-billion Cnooc Ltd.-Nexen Inc. deal may have been put off until next month, but at least one Chinese investor appears not to be waiting around.  China Investment Corp., the country’s sovereign wealth fund, is close to purchasing a 12.5% stake in some Canadian timber assets from an infrastructure affiliate of Brookfield Asset Management Inc.for about $100 million, according to people with direct knowledge of the matter.

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Minister shared e-mails about Skeena Mill allegations with insider

Globe and Mail
November 7, 2012
Category: Business & Politics
Region: Canada, Canada West

A British Columbia cabinet minister shared internal government correspondence regarding fraud allegations against a Chinese businessman with an employee of that businessman who is also a BC Liberal Party insider. Pat Bell, the minister of jobs, tourism and skills training for the B.C. Liberal government, forwarded an internal government e-mail to Bill Belsey last year, according to documents obtained by The Globe and Mail. …Regarding his decision to share the e-mail, Mr. Bell said “it is quite different” from the situation that ended with Mr. Bloy’s dismissal from cabinet.

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Ainsworth Lumber announces $175m share offering

Business in Vancouver
November 5, 2012
Category: Business & Politics
Region: Canada, Canada West

Ainsworth Lumber Co. Ltd. (TSX: ANS) Friday announced plans to raise $176 million through a common share offering as part of a previously announced refinancing plan. The plan involves the sale of 140 million common shares. The company has filed a preliminary prospectus with securities regulators to approve the offering.

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Resolute Forest Products to lay off 111 workers

Canadian Press
November 6, 2012
Category: Business & Politics
Region: Canada East, Canada

Resolute Forest Products Inc. will lay off about 111 employees as it permanently shuts down a paper machine at its Laurentide mill in Shawinigan, Que. The company said Tuesday that it made the decision after a drop in demand for the type of paper produced on that specific machine. The mill’s paper machine No. 10 will stop producing on Nov. 26. Resolute Forest chief executive officer Richard Garneau says other factors played into the decision, including a strong Canadian dollar, rising freight and fuel costs, and the continuing high cost of fibre.

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Wood cutters balk at prices

Strait mill trying to control the market, contractors say
TheChronicleHerald.ca
November 6, 2012
Category: Business & Politics
Region: Canada East, Canada

Private-land contractors aren’t getting behind Port Hawkesbury Paper Corp.’s plan to reorganize the logging industry in northern Nova Scotia…. According to Sydney contractor Danny Ellis, the new ownership of the mill is attempting to make itself a middleman for all pulpwood, sawlogs and hardwood cut in northern Nova Scotia. … “The new ownership of this mill has turned this into a game of pennies,” said Ellis. ”

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Louisiana-Pacific Misses In Q3, Outlook May Brighten

Investors.com
November 6, 2012
Category: Business & Politics
Region: United States

Lumber company Louisiana-Pacific (LPX) reported third quarter earnings Tuesday that fell short of expectations, pulling shares down on above-average trading volume. But analysts said the company could see gains this quarter as it assists with the massive rebuilding in the wake of Hurricane Sandy. The lumber company earned 20 cents per share in the quarter, reversing a 19-cent-a-share loss in Q3 2011, but 6 cents below estimates. Revenue grew 33% to $467.8 million on sales to homebuilders in an improving housing market. But that missed Wall Street’s target of $479.3 million.

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US lumber soars on speculative buying, Sandy-linked demand

Reuters Africa
November 6, 2012
Category: Business & Politics
Region: United States

CHICAGO Nov 6 (Reuters) – U.S. lumber futures rallied by the daily trading limit of $10 on Tuesday on speculative buying amid expectations that demand will rise as structures in the eastern seaboard are repaired or rebuilt in the aftermath of superstorm Sandy. Analysts said buy-stops were triggered as prices rose. Gains were also fueled by the discount of Chicago Mercantile Exchange lumber futures to prices in the cash market, they noted.

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As the economy improves, Idaho sawmills look for automation to maximize returns

Idaho Statesman
November 6, 2012
Category: Business & Politics
Region: United States, US West

With the gradual turnaround in the housing market, a family-run lumber company in Adams County is about to put down $1.5 million on high-tech equipment to get more out of its logs. At Evergreen Forest Products, new scanners will read rough-cut timber, showing mill workers how to get around impurities such as knots. The devices will help produce the highest-grade cuts that will bring Evergreen the most money. And Rodney Krogh, Evergreen’s president, won’t have to wait long for a financial return. “The payback will be within a year on grade alone,” he said.

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Timber firm boosts south-west harvesting

ABC News, Australia
November 7, 2012
Category: Business & Politics
Region: International

A Colac-based timber company has increased the volume of timber it is harvesting in south-west Victoria in a bid to stay internationally competitive. AKD Softwoods says it generally harvests more from the Green Triangle region at this time of year because its plantation in the Otways is closed. Its resource manager, Neil Harris, says it signed a 10-year contract with ForestrySA in July, which requires more wood to be harvested.

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Wood, Paper & Green Building

The best in Ontario wood design celebrated

Journal of Commerce
November 8, 2012
Category: Wood, Paper & Green Building
Region: Canada East, Canada

A select group of the province’s architects, engineers and project teams received Wood Design Awards at the 12th annual Ontario Wood WORKS! celebration in Toronto. The awards recognize people and organizations that, through design excellence, advocacy and innovation are advancing the use of wood in all types of construction sectors across the province. “These are exciting times for wood design,” said Marianne Berube, executive director of the Ontario Wood WORKS! project.

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Attention USA Today: Green buildings need to make financial sense

GreenBiz.com
November 6, 2012
Category: Wood, Paper & Green Building
Region: United States

Last week, USA Today ran a couple of “man bites dog” stories about the LEED Green Building Rating System. The first article questioned whether LEED is too easy; the second article implied that “green” buildings are about making money, rather than advancing sustainability. Although some might argue that any publicity is good publicity, overall, I thought the USA Today articles were confused, contradictory and rife with mischaracterizations.

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Forestry

Province approves logging plan in West Bragg Creek

Residents fear plan will damage recreation area
Calgary Herald
November 7, 2012
Category: Forestry
Region: Canada, Canada West

A logging plan for West Bragg Creek has been approved by the province, despite ongoing objections from residents who worry it will ruin the popular recreation area. Late last week, a statement posted on the Alberta Environment and Sustainable Resource Development website noted the proposal had been approved. …Residents of Bragg Creek say the province didn’t take their concerns into account.

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Woodlot owners get boost

Chronicle Herald
November 5, 2012
Category: Forestry
Region: Canada East, Canada

NORTH BROOKFIELD, QUEENS COUNTY — Jim Crooker’s 344-hectare property near Caledonia has been in his family for six generations. He played there as a kid, and is proud to have been recognized this year for his sustainable forestry practises. … “I pity the young person trying to start out today,” he said. “Well, they couldn’t do it if they had to buy the land and manage it, there’s no way at all.” But Crooker, who was the province’s woodlot owner of the year for western Nova Scotia this year, said initiatives such as the one announced Monday by the Natural Resources Department help.

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Firefighters say thinned forest stopped monster Idaho blowup

by Rob Chaney
The Missoulian
November 4, 2012
Category: Forestry
Region: United States, US West

In the Hughes Creek drainage, a collection of environmentalists, timber workers, wildlife advocates, landowners and government forest managers had formed the Lemhi County Forest Restoration Group back in 2006. Over the years, they’d put together a 13,000-acre project that thinned some forest acres, removed limbs and slash from others, and started prescribed burns on still more.. … “But I think we showed that by doing this, future fires won’t be as costly financially or in loss of resources. We can’t fireproof a forest. But we can make it more resilient.”

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Ash dieback: New device tests trees for disease (video)

BBC News
November 6, 2012
Category: Forestry
Region: International

Portable DNA tests, that quickly diagnose ash dieback, are now being used in an effort to stop the spread of the deadly fungus. Results of a nationwide survey into how widely ash dieback has spread are expected on Wednesday, many hope British trees will be more resistant to infection.

Ash dieback summit brings tree experts together from BBC News
Survey reveals ash disease in six more counties from UK Forestry Commission<

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German scientists create usable foam from tree bark

GizMag
November 1, 2012
Category: Forestry
Region: International

..One of its latest eco-breakthroughs comes from the University of Freiburg’s Biofoambark project. Researchers there are trying to green up the insulation foam used in construction, by replacing its petroleum-based ingredients with a naturally-occurring compound that ordinarily goes to waste in the lumber industry. The raw material for the biofoam is tannin, a compound found in tree bark. Properly processed, it can be used to produce hard foams that are not only good for insulation for buildings and molded auto parts, but that also have flame-resistant properties.

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Forestry group offers olive branch

ABC News, Australia
November 7, 2012
Category: Forestry
Region: International

The Forest Industries Association has put forward a new plan to achieve peace in Tasmania’s forests. The association recently withdrew from informal negotiations with environmentalists, saying it will now only speak to government. Chief Executive Terry Edwards has told ABC Local Radio he has developed new demands for wood contracts and has offered them to environment groups through the forestry union.

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Mayor takes axe to Mary River timber move

ABC News, Australia
November 7, 2012
Category: Forestry
Region: International

Gympie Mayor Ron Dyne is opposed to timber plantations being used as a way to revive the Mary Valley in south-east Queensland. The State Government is trying to sell some of the hundreds of properties acquired for the failed Traveston Crossing dam project. …But Councillor Dyne says a monoculture strategy is not a good idea. “We need to broaden the base in the Mary Valley so that we get better employment levels,” he said.

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Carbon, Climate & Bioenergy

Star turn for Vancouver carbon-offset company

Following movie-star validation, Offsetters Clean Technology plans to harness M&As to become one of Canada’s biggest carbon-offset businesses
Business in Vancouver
November 6, 2012
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

When a Manitoba-based straw-paper company co-founded by actor Woody Harrelson needed a green stamp of approval for the straw pulp and paper mill it plans to build, it chose Vancouver’s Offsetters Clean Technology Inc. to provide the validation. Offsetters produced a study that confirmed the process Prairie Pulp & Paper Inc. would use to create paper – 80% of which would come from wheat straw fibre – would have a lower environmental footprint than paper made from 100% recycled tree-fibre paper. …The company has acquired Carbon Credit Corp., which specializes in soil- and forest-based carbon sequestration projects, and is merging with ERA Carbon Offsets Ltd..

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