Tree Frog Forestry News

Daily Archives: October 25, 2013

Opinion / Editorial

Forest Industry and government Help Japan Rebuild after 2011 Tsunami

October 25, 2013
Category: Opinion / Editorial
Region: Canada, United States

For well over a century, Japan has been an important trading partner of the British Columbia forest sector… Given this close and long-standing relationship, when an earthquake and tsunami devastated large parts of east Japan in March 2011, it was no surprise that the B.C. industry reacted quickly and decisively. Pledging financial and technical support to the rebuilding effort, the industry championed a joint industry-government response involving the Governments of B.C., Canada and Alberta. The result was the $4.6 million Canada Tohuku Reconstruction project, announced in November 2011.  

**This content has been updated – click ‘read more’ for details** 

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Business & Politics

Chop gold ETF exposure, grow with timber instead

The Globe and Mail
October 24, 2013
Category: Business & Politics
Region: Canada, United States

While the Gold/U.S. dollar spot price has partially recovered from the lows experienced in late June, this year has seen price spikes ultimately overwhelmed by significant downward price pressure. Since 2013 began, gold is down 20 per cent… For investors looking to find a replacement for gold equity ETFs, one compelling option is forestry equities, which offer natural resource exposure with relatively less volatility.

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Pine beetle blamed as Quesnel, Houston sawmills to close

More than 400 workers at Canfor and West Fraser sawmills affected by closure
CBC News
October 24, 2013
Category: Business & Politics
Region: Canada, Canada West

Two forestry giants announced Thursday they will close their sawmills in B.C.’s Interior next year — an announcement that affects over 400 workers in two B.C. communities. Canfor said it will close its mill in Quesnel and West Fraser said it will shut down its operation in Houston. Both companies say the closures are the result of the mountain pine beetle epidemic, which has wiped out vast portions of pine forests in the interior. Don Kayne, president and CEO of Canfor Corporation, said the closure of the Quesnel mill is permanent.

Two BC sawmills announce closures due to pine beetle epidemic from GlobalBC News
Pine-beetle problem forces Canfor to close sawmill in Quesnel, BC from The Canadian Press
Interior BC sawmills closed as beetle epidemic erodes supply from The Vancouver Sun
West Fraser, Canfor to swap timer, close mills from Business in Vancouver
Mills closed from the Prince George Citizen

Click here to read the press release from Canfor
Click here to read the press release from West Fraser

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Hupacasath fire up sawmill operation

Alberni Valley News
October 24, 2013
Category: Business & Politics
Region: Canada, Canada West

Employment and economic development are behind the Hupacasath First Nation’s purchase of a portable sawmill. The mill is set up and in operation at the tribe’s hall off of Beaver Creek Road. The small operation employs three tribe members and one trainer, Hupacasath chief councillor Steven Tatoosh said. Purchasing the mill has been in the works for more than a year but production problems delayed construction of the equipment.

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32% increase in British Columbia’s lumber exports to China

IHB/VS
October 25, 2013
Category: Business & Politics
Region: Canada, Canada West

British Columbia’s lumber exports to China grew 32% in January-August 2013, over the same period of 2012, Vancouver Sun (VS) reported. Exports already hit $899 million. Therefore, for the remaining period of 2013, B.C.’s lumber deliveries to the Chinese market are set to break last year’s record of $1,1 billion. There has been over a decade since British Columbia is trying to gain acceptance for its wood products in China, which has “traditionally relied on concrete and steel in its residential building sector”, VS says. Since 2003, lumber exports to China have surged more than 15 times.

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Is Weyerhaeuser More at Risk Than Plum Creek Timber and Potlatch?

Daily Finance
October 23, 2013
Category: Business & Politics
Region: United States

Weyerhaeuser will release its quarterly report on Friday, and the timber company has enjoyed a solid year of growth so far. But with comparisons becoming tougher, can Weyerhaeuser both sustain its own upward earnings trajectory and keep competitors Potlatch and Plum Creek Timber at bay? Weyerhaeuser has extensive timber and forest-products assets that are primarily located in the western half of the U.S., and as the housing market has revived, timber prices have jumped substantially.

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Weyerhaeuser beats estimates as homebuilding business improves

Reuters
October 25, 2013
Category: Business & Politics
Region: United States

Timber conglomerate Weyerhaeuser Co reported a better-than-expected quarterly profit as margins improved in its homebuilding business, which it is looking to sell. The company is in advanced talks to sell its homebuilding and real estate development unit for $2.7 billion to Tri Pointe Homes Inc, Reuters reported earlier this week, quoting sources familiar with the matter. Weyerhaeuser, which said in June it was reviewing strategic options for the unit, said on Friday it expects “significantly” higher earnings from single-family homebuilding this quarter.

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Rayonier Reports Third Quarter Results

Businesswire
October 24, 2013
Category: Business & Politics
Region: United States

JACKSONVILLE, Fla.—Rayonier today reported third quarter 2013 net income attributable to shareholders of $57 million, or 44 cents per share, compared to $80 million, or 62 cents per share, in the prior year period. For the first nine months, net income attributable to shareholders was $292 million, or $2.23 per share, compared to $203 million, or $1.58 per share, in the prior year period. Pro forma net income1 was $232 million, or $1.77 per share, compared to $198 million, or $1.54 per share, in 2012.

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Russian billionaire to invest $2 billion in giant kraft pulp plant

Pulp and Paper News
October 25, 2013
Category: Business & Politics
Region: International

SVEZA Group, one of the leading players in the Russian woodworking market, owned by a Russian billionaire Alexey Mordashov, has officially announced that it will invest up to USD$2 billion in the establishment of a plant for the production of a kraft mill plant in the Russian Vologda region. The project is expected to be established on the basis of public-private partnership. According to Oleg Kuvshinnikov, a governor of the Vologda region, the new plant will create about 5,000 new jobs. “

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Wood, Paper & Green Building

“Wood first” policies wake sleeping giant

Daily Commercial News
October 28, 2013
Category: Wood, Paper & Green Building
Region: Canada

Members of Canadian concrete and steel construction associations are angry and upset about a campaign by the wood industry to persuade provincial and federal governments to give wood preferential treatment over other building materials. “We are not complaining anymore, we are going to war,” said Ed Whalen, president of the Canadian Institute of Steel Construction (CISC). “Governments that decide to implement Wood First or treat one material over another, they will see us at the table. The wood industry has awoken the sleeping giant.”

Enhanced collaboration needed in building materials industry from The Daily Commercial News

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Log building contractors marry traditional, modern methods

Daily Commercial News
October 24, 2013
Category: Wood, Paper & Green Building
Region: Canada, Canada West

Log builders were among the first contractors to build this country. Today, dozens of companies across Canada continue that trade, many of them supplementing their skills in more traditional log building with work in engineered wood. John Boys is owner of Nicola Logworks of Merritt, B.C. and past president of the International Log Builders’ Association. Established in 1989, the contracting company employs 15 regular workers including Boys’ wife, Ingrid.

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Oak and Poplar Demand Expected to be Strong Through Year-End

Woodworking Network
October 24, 2013
Category: Wood, Paper & Green Building
Region: United States

Red Oak prices have jumped during the last few weeks, particularly in the Appalachian region. Rising exports, sustained high residential flooring industry demand, and improving shipments to moulding and stair producers all contributed, with exports providing the biggest pull by far. Most markets for Red Oak will gain additional momentum in November, straining supplies and pushing prices still higher. The sudden price increases of recent weeks will give way to more gradual gains.

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Forestry

ENVIRO NOTES: Finding balance in the forest

Peace Arch News
October 23, 2013
Category: Forestry
Region: Canada

Canada’s boreal forest stretches all the way from the Yukon/Alaska border in the west to the eastern shore of Newfoundland… The International Boreal Conservation Science Panel met recently in Baltimore and came out with the assertion that half of the total area should be protected from industrial developments because of its ecological significance and value as a massive carbon depository. The panel estimated that about one-eighth had already been adversely impacted by industrial developments – forestry, by which they mean timber harvesting, mining and oil and gas exploration.

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Goodbye to dust: truck wash coming for Youbou

Cowichan Valley Citizen
October 25, 2013
Category: Forestry
Region: Canada, Canada West

The residents of Area I (Youbou/Meade Creek) will get their truck wash after all.  And they won’t have to pay for it either.  Area I Director Pat Weaver was thrilled to make the announcement Wednesday night, ahead of an official press release expected out within the next few days.  “It’s long overdue and I’m happy to tell everyone that a truck wash will be in at the end of December/first part of January hopefully,” she told the CVRD board at a special meeting. …So, led by Timberwest, it’s expected multiple logging companies working in the area will also chip in.

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Ontario sacrificing forestry jobs

Timmins Press
October 24, 2013
Category: Forestry
Region: Canada East, Canada

… It sees half of the sustainable forests that have already been through some of the most rigorous environmental assessments in the world become sacrificed in order to “recover” caribou where they used to live before people were here… Worse yet, the forest industry that forms a critical pillar in the northern economy, who has suffered through one of the worst downturns since the great depression, is now on the doorstep of a super cycle that will see the potential of tens of thousands of jobs develop in the region as soon as next year.

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Churchill new natural resources minister

Atlantic Farm Focus
October 24, 2013
Category: Forestry
Region: Canada East, Canada

Zach Churchill of Yarmouth is Nova Scotia’s new Minister of Natural Resources. The young MLA was first elected to the House of Assembly in a by-election in 2010 and was re-elected this year. In addition to his work as MLA, Churchill has held two critic portfolios for the provincial Liberal Caucus as Labour and Advanced Education Critic and Critic for Tourism.

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Can our woods be saved by clever planting?

BBC News
October 24, 2013
Category: Forestry
Region: International

A year after the first case of ash dieback in mature woodland – and with the disease spreading inexorably – experts are looking at ways to future-proof forests. Stroll around the Hucking estate (pictured in satellite views, above) near Maidstone in Kent and you could be forgiven for thinking little has changed in centuries. Sheep graze on the swathes of grassland between the gentle chalk hills. Pockets of ancient woodland carpet the hilltops and valleys. In reality, however, this seemingly timeless rural landscape is in constant flux and the effects of ash dieback will soon be all too apparent.

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Carbon, Climate & Bioenergy

Tony Abbott should never say ‘never’ about climate change bushfire link

It’s unwise to say climate change caused this week’s bushfires. But it’s absurd to assume it played no part, writes Peter Hannam.
The Sydney Mornng Herald
October 25, 2013
Category: Carbon, Climate & Bioenergy
Region: International

“Climate change is real, as I’ve often said, and we should take strong action against it. But these fires are certainly not a function of climate change, they’re a function of life in Australia,” declared the Prime Minister. But is that the advice Mr Abbott is getting from the experts at his disposal? . …As the bureau told a Senate inquiry into extreme weather events earlier this year: “The Forest Fire Danger Index (FFDI), which essentially ‘sums’ daily fire weather danger across the year, has increased significantly across many Australian locations since the 1970s.

Australia PM: Climate change not causing wildfires from Australian Press

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General

Forest Industry and government Help Japan Rebuild after 2011 Tsunami

October 25, 2013
Category: Uncategorised

For well over a century, Japan has been an important trading partner of the British Columbia forest sector… Given this close and long-standing relationship, when an earthquake and tsunami devastated large parts of east Japan in March 2011, it was no surprise that the B.C. industry reacted quickly and decisively. Pledging financial and technical support to the rebuilding effort, the industry championed a joint industry-government response involving the Governments of B.C., Canada and Alberta. The result was the $4.6 million Canada Tohuku Reconstruction project, announced in November 2011.  

**This content has been updated – click ‘read more’ for details** 

Read More