Tree Frog Forestry News

Daily Archives: August 1, 2014

Froggy Foibles

No metal, just wood at this year’s Sweet Pee tournament

The Western Star
August 1, 2014
Category: Froggy Foibles
Region: Canada

Gord Kennedy figures it was probably in the 1990s the last time there were only wooden bats used at the annual Wayne Buckle Memorial Molson Sweet Pee slo-pitch softball tournament. …[They] made the decision this year to outlaw aluminum. Kennedy had nine wooden bats custom made for the tournament by Mackenzie Bats in St. John’s. …If the idea works, Kennedy said the tournament will likely continue a wooden bats only policy.

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Business & Politics

Tembec Announces Quarterly Earnings, Beats Expectations By $0.15 EPS

Ticker Report
August 1, 2014
Category: Business & Politics
Region: Canada

Tembec announced its earnings results on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.15, Analyst Ratings Network reports. Shares of Tembec opened at 3.17 on Friday. Tembec has a 52-week low of $2.20 and a 52-week high of $3.35. The stock’s 50-day moving average is $3.11 and its 200-day moving average is $2.77. The company’s market cap is $317.0 million.

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Interfor Q2 2014 results a bit better than expected

By Paul Quinn
RBC Capital Markets
July 31, 2014
Category: Business & Politics
Region: Canada, Canada West

Interfor reported normalized earnings per share of $0.44 in Q214 compared to our estimate of $0.54 and consensus of $0.30. Adjusted EBITDA was $47.3MM, above our forecast of $43MM and consensus of $45MM. We have adjusted for the $0.4MM share-based compensation recovery and the $22.9MM restructuring charge related to its Beaver-Fork closure. Shipments up 45% y/y with production 39% due to US South acquisitions… Balance sheet in solid shape with net debt-to-cap of ~28% and liquidity of ~$157MM.

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Pulp mill in Prince Albert shutting down

CBC News
July 31, 2014
Category: Business & Politics
Region: Canada, Canada West

The pulp mill in Prince Albert has shut down indefinitely. The mill is operated by Paper Excellence, which bought the facility two years ago with a plan to produce a product called dissolving pulp but then announced plans to produce a different type of pulp, due to difficult market conditions. About 60 employees are affected. Prince Albert Mayor Greg Dionne told CBC News Thursday that the mill’s shut-down is disappointing for the city’s economy.

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Budworm infestation raising harvesting costs: Resolute Forest

Montreal Gazette
July 31, 2014
Category: Business & Politics
Region: Canada East, Canada

Resolute Forest Products Inc. said Thursday spruce budworm infestation now affects 3.2 million hectares of balsam fir and white and black spruce stands in the Quebec North Shore and Lac Saint-Jean regions, raising its harvesting costs significantly. “That’s an area equal to Connecticut and Massachusetts combined and tree life is reduced to two or three years,” said CEO Richard Garneau. “We have to harvest selectively in large blocks, build access roads and cut the affected trees.”

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NB worst in region in jobs created per tree harvested

NB Media Co-op
July 31, 2014
Category: Business & Politics
Region: Canada East, Canada

An article in the NB Naturalist, published July 1, 2014, highlights New Brunswick’s current unwise and uneconomic use of its forest resource. The article “Forestry Jobs and Forestry Management in the Maritimes and Northeastern USA” by economist Rob Moir and energy consultant Garth Hood, documents New Brunswick’s unfavourable comparison to other regional players in the effective use of its forest resource to create jobs. The authors show how New Brunswick has fallen progressively further behind Maine, Nova Scotia, New Hampshire, Vermont, Quebec, Ontario and New York in generating direct employment from equivalent amounts of wood. 

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Forest products company Tembec has Q3 profit of $30 million on higher sales

The Canadian Press
July 31, 2014
Category: Business & Politics
Region: Canada East, Canada

MONTREAL – Tembec said it had a third-quarter profit of $30 million, turning around a loss from the same period a year ago. The forest products company said it earned 30 cents per share in the quarter, compared with a loss of $7 million, or seven cents per share, in the same quarter of 2013. The company says its current results included a gain of $14 million related to the sale of land in British Columbia. Tembec has an objective to make $70 million from B.C. land sales by December.

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Domtar: Adding An Undervalued Downgraded Dividend-Paying Stock That Makes Sense

Seeking Alpha
August 1, 2014
Category: Business & Politics
Region: Canada East, Canada

Summary

  • The company has been downgraded by a slew of analysts for missing its latest earnings estimates by a large margin. Do the analysts really know the business?
  • The share price has been dropping and is nearing its 52 week low, but I cannot see it going much lower.
  • The dividend yield is now almost 4%.
It never ceases to amaze me that there are many analysts who watch a stock drop by around 40% and then downgrade its recommendations. Where were they while the stock was dropping the entire time? Do they really know the business? That is probably why I usually disregard them and do my own research. Such is the case with this old Canadian company, trading on the NYSE: Domtar Corp.

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Weyerhaeuser quarterly profit rises 43 pct

Reuters
August 1, 2014
Category: Business & Politics
Region: United States

Timber conglomerate Weyerhaeuser Co’s second-quarter profit rose 43 percent, helped by higher sales in its wood products and cellulose fiber businesses. Net profit rose to $280 million, or 47 cents per share, in the quarter ended June 30 from $196 million, or 35 cents per share, a year earlier. Revenue from continuing operations rose 5 percent to $2 billion. Excluding special items, the company earned a profit of 40 cents per share. Weyerhaeuser said its third-quarter results will include a net gain of about $1 billion on the divestiture of its homebuilding business, Weyerhaeuser Real Estate Company.

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Wood, Paper & Green Building

Creating useful lumber out of damaged trees

Construction Canada
August 1, 2014
Category: Wood, Paper & Green Building
Region: Canada East, Canada

Ontario trees damaged by the emerald ash borer (EAB) are being turned into usable lumber onsite by Partners in Project Green. The organization assists businesses manage sustainability programs and work together to create an eco-business zone around Toronto’s Pearson International Airport. A demonstration was held in Etobicoke last week to show how companies are creating a solution to manage the waste from infected ash trees by 2017.  The event brought together property manager Bentall Kennedy and building and landscaping firm Sawmill Sid Lands & Housing to showcase how infected trees can be converted to usable lumber with onsite processing and milling without creating excess waste, or emission and storage challenges.

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DOE announces funding for biomass-based carbon fiber development

Plastics Today
August 1, 2014
Category: Wood, Paper & Green Building
Region: United States

The US Energy Department has announced up to $11.3 million in funding for two projects that aim to advance the production of cost-competitive, high-performance carbon fiber material from renewable, non-food-based feedstocks, such as agricultural residues and woody biomass. Carbon fiber can potentially play a key role in lowering the cost and improving the performance of fuel-efficient vehicles and renewable energy components such as wind turbine blades. The two projects seek to demonstrate new biomass conversion technologies that enable the manufacturing of acrylonitrile – an essential feedstock for high performance carbon fiber – for less than $1 per lb.

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Forestry

‘The Boreal Feast’ celebrates the North’s wild ingredients with recipes, stories

Canada.com
August 1, 2014
Category: Forestry
Region: Canada

TORONTO — Michele Genest has long celebrated the wild ingredients of Northern Canada, foraging and creating delicious recipes with which to savour what she’s collected… In her new cookbook, “The Boreal Feast: A Culinary Journey Through the North”, she examines and compares the wild ingredients found in the boreal forest from Yukon to Alaska to Scandinavia. Along with innovative recipes, the book is a travelogue, with highlights of her trip, along with a recounting of her experiences living in Yukon for 20 years.

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Monument still marked to be moved to public space

Alberni Valley News
August 1, 2014
Category: Forestry
Region: Canada, Canada West

A project that is proposed to bring a piece of the Alberni Valley’s industrial heritage into public space for public art is a $9,000-donation away from happening. In November 2013, then-Catalyst Paper general manager Fred Chinn agreed to donate a 4.5-metre monument of mill grinding stones to the public, just as long as Catalyst didn’t need to foot the bill. The grinding stones were brought from Scotland to the Alberni Valley to help start the first paper mill in B.C. more than a century ago. They later turned into a monument with a bottom that protrudes out like a park bench.

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Forest products Traditional and Cultural Purposes

U.S. Forest Service Seeks Comments on Proposal for Noncommercial Forest Products for Traditional and Cultural Purposes
USDA
July 31, 2014
Category: Forestry
Region: United States

WASHINGTON,.—The U.S. Forest Service today announced and is seeking comment on a proposed rule that would provide forest products to federally-recognized Indian Tribes. “The Forest Service works diligently to respect our government-to-government relationship with Indian Tribes,” said U.S. Forest Service Chief Tom Tidwell. “American Indians and Alaska Natives have been connected to these lands for thousands of years, and we want to facilitate continued access to these resources.”

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UPDATED: Lightning strikes hit Southern Oregon hard

Mail Tribune
July 31, 2014
Category: Forestry
Region: United States, US West

Thunderstorms shot out between 2,000 and 2,500 lightning strikes across Southern Oregon Wednesday afternoon and night, with about 850 touching down in Jackson County. The National Weather Service reported more are likely on the way today, and have issued the third red flag warning in a row for this week. The warning, issued because of the lightning, dry terrain, and a 102-degree predicted high temperature, will be in effect from 2 to 11 p.m. today. It covers the Southern Oregon Cascades, Siskiyou Mountains, eastern Rogue Valley, Umpqua National Forest, and Fremont-Winema National Forest.

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Flathead National Forest Hosting Two Open House Sessions

NFNews
August 1, 2014
Category: Forestry
Region: United States, US West

Kalispell, Montana — The Flathead National Forest is hosting two open house sessions in August on the topic of Use of Vegetation Modeling in Forest Planning.. The model being used is a tool used to help answer the following key questions that are required as part of revising the forest plan under the 2012 planning rule: What did the landscape look like in the past? (Natural Range of Variation)

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Invasive emerald ash borer found in Arnold Arboretum

The Boston Globe
July 30, 2014
Category: Forestry
Region: US East, United States

A beetle that can quickly kill ash trees has been found at the Arnold Arboretum, state park and agriculture officials said Wednesday, arriving in Boston just two years after it was first spotted in Massachusetts, in the Berkshires. Staff at the arborteum saw the emerald ash borer, a small, metallic-green beetle native to Asia, in a treetop trap on July 16, and confirmed its identity two days later. The discovery was expected, and state officials said the ash borer is probably burrowing into trees across the state. 

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Forest fires help sustain wildlife

Register Star
August 1, 2014
Category: Forestry
Region: US East, United States

… Wind, rain and fire are probably the three most devastating elements people have to deal with, regardless of what part of the globe they live. And when it comes to wildfires, the devastation can go way beyond the loss of thousands of acres of forest land, especially when it spreads out-of-control and starts burning up residential areas. It happens much too frequently in Arizona, California, Oregon and other Western and Northwestern states, and I’m really surprised it hasn’t happened just as frequently within the 2.6-million acre Adirondack Forest Preserve… Now before I continue, you should be aware that forest fires can be a blessing in disguise, inasmuch as they open the land to new vegetation — growth which wildlife need to survive.

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PNL asks Gov’t to own up to real causes of repeated flash floods, present map of illegal logging

Romanian Business News
August 1, 2014
Category: Forestry
Region: International

Romania — Liberal spokesperson Alina Gorghiu asks the Government to take responsibility for the real causes of the serious troubles caused every year by violent flash floods and publicly present the map of illegal logging. ‘The Ponta Government must give up complicity with occult groups of interest in forestry and take measures to halt illegal deforestation (…) It is no coincidence that the areas where illegal logging is performed in the counties of Arges, Valcea, Gorj, are also the most affected by floods,’ Alina Gorghiu said in a press release this Thursday.

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Thresholds of Logging Intensity to Maintain Tropical Forest Biodiversity

Current Biology
August 1, 2014
Category: Forestry
Region: International

Primary tropical forests are lost at an alarming rate, and much of the remaining forest is being degraded by selective logging. Yet, the impacts of logging on biodiversity remain poorly understood, in part due to the seemingly conflicting findings of case studies: about as many studies have reported increases in biodiversity after selective logging as have reported decreases… We found that the species richness of invertebrates, amphibians, and mammals decreases as logging intensity increases and that this effect varies with taxonomic group and continental location. In particular, mammals and amphibians would suffer a halving of species richness at logging intensities of 38 m3 ha?1 and 63 m3 ha?1, respectively. Birds exhibit an opposing trend as their total species richness increases with logging intensity. 

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Carbon, Climate & Bioenergy

The Overlooked Group of Climate Change Fighters

Huffington Post Canada
August 1, 2014
Category: Carbon, Climate & Bioenergy
Region: Canada

There are a group of people often overlooked in the fight against climate change and they can be one of our greatest allies as we figure out how to limit the damage from extreme weather, rising seas and threats to food security. They are the millions of indigenous people who live in the world’s remaining forests. …The planet needs better forest managers. Luckily, we have them. Indigenous and local communities know their forests because they rely on them for food, medicines, incomes and culture. They are excellent forest managers, developing centuries-old knowledge that not only ensures the forests survive, but become richer stores of biodiversity and carbon.

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USDA Report provides producers with an environmental roadmap

Feedstuffs
July 31, 2014
Category: Carbon, Climate & Bioenergy
Region: United States

The U.S. Department of Agriculture (USDA) released a report that, for the first time, provides uniform scientific methods for quantifying the changes in greenhouse gas emissions (GHG) and carbon storage from various land management and conservation activities. The report, titled Quantifying Greenhouse Gas Fluxes in Agriculture and Forestry: Methods for Entity-Scale Inventory, will help USDA evaluate current and future greenhouse gas conservation programs, as well as develop new tools and update existing ones to help farmers, ranchers and forest landowners participate in emerging carbon markets.

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Stanford study shows effects of biomass burning on climate, health

Stanford Report
July 31, 2014
Category: Carbon, Climate & Bioenergy
Region: United States

Biomass burning – whether accidental wildfires or deliberate burning of forests to create agricultural lands – has long been known to affect both climate change and public health. But until the release of a new study by Stanford Civil and Environmental Engineering Professor Mark Z. Jacobson, the degree of that contribution had never been comprehensively quantified. Jacobson’s research, detailed in a paper published on July 30 in the Journal of Geophysical Research: Atmospheres, is based on a three-dimensional computer model simulation of the impacts of biomass burning. 

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Explosion, two-alarm fire damages Banks wood pellet manufacturer

The Oregonian
August 1, 2014
Category: Carbon, Climate & Bioenergy
Region: United States, US West

A wood pellet manufacture in Banks closed for the day after an explosion and two-alarm fire damaged the business early Thursday. Four employees safely escaped the fire at West Oregon Wood Products on Northwest Sunset Avenue, said Banks Fire District Chief Brian Coussens. The official cause of the explosion and fire are still under investigation. The business creates wood pellets for stoves. The incident was reported about 3:15 a.m., and the business’ president, Mike Knobel, said equipment related to air filtration in the pellet creation process is suspected to have caused the explosion.

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