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Potlatch Corporation Reports First Quarter 2016 Results and Announces 172,000 Acre Central Idaho Timberland Sale

Forest Products IIII - Di, 26/04/2016 - 12:45
[GlobeNewswire] - SPOKANE, Wash., April 26, 2016-- Potlatch Corporation today announced its first quarter 2016 results and the sale of approximately 172,000 acres of timberlands in central Idaho to Southern Pine Plantations, ...

Palm oil industry group orders company to halt Peru planting

GFIS - Di, 26/04/2016 - 10:45
26 April, 2016

Source: Reuters - Tue, 26 Apr 2016 00:58 GMT, Author: Reuters

LIMA, April 25 (Reuters) - A palm oil industry body on Monday ordered a member company with a 5,000 hectare (12,355 acre) concession in Peru to stop developing new plantations until it can prove it has not cleared any primary forest.

The dispute comes amid growing concerns from environmentalist and indigenous communities about the rapid expansion of oil palm plantations in the Peruvian Amazon in recent years.

The Roundtable on Sustainable Palm Oil (RSPO) said Plantaciones Pucallpa S.A.C. might have violated its rules aimed at protecting the environment and the rights of local communities.

"It appears that Plantaciones has cleared primary forest progressively since 2011," RSPO complaints coordinator Ravin Krishnan said in a letter to the company. He gave Plantaciones 14 days to respond.

Calls to the office of Plantaciones went unanswered during regular business hours on Monday. A representative of the company did not immediately respond to an email requesting comment.

The complaint before RSPO was filed by the indigenous community Santa Clara de Uchunya, which accuses Plantaciones of selling illegal timber, burning down forests and planting oil palm on ancestral lands.

Destroying primary forest is illegal in Peru. But environmentalists say regional governments frequently dole out timber and oil palm concessions that contain large swaths of in-tact rainforest.

The central government in recent years ordered Plantaciones and two other palm oil companies with the same legal representatives to halt activities while it probes deforestation allegations.

Indigenous leader Robert Guimaraes said Plantaciones has continued to convert primary forest into rows of oil palm despite protests from Santa Clara de Uchunya villagers.

"Each time there are more and more clashes between the community and the company" employees, Guimaraes said.

Conflicts between palm oil producers and local communities are common in Indonesia, the world's biggest producer. The crop is new to Peru, which has yet to export its oil from a slew of new plantations.

The RSPO ban on planting oil palm was a first for a company in Peru and could cut Plantaciones off from future markets if it is ousted from the organization, said Julia Urrunaga, Peru program director for the Environmental Investigation Agency.

The RSPO is a body of consumers, environmentalists and plantation companies to promote sustainable palm oil products. It is used by European palm oil buyers as the international sustainability benchmark.

Palm oil is used extensively in food, cosmetics and biofuels.

(Reporting by Mitra Taj; Editing by Leslie Adler)

Article link (offsite): http://news.trust.org/item/20160426010130-yqy2r

Addendum

Representatives of FECONAU are part of an international delegation of indigenous leaders currently visiting Belgium, the Netherlands, Germany and the UK to highlight the embodied deforestation and human rights abuses that are part of many agricultural commodities imported to the EU and are financed by EU investors

Press Release for EU Tour:  http://www.forestpeoples.org/topics/agribusiness/news/2016/04/indigenous...

To schedule interviews with Peruvian delegates currently on tour in the EU contact Suzanne Dhaliwal suzannedhaliwal@googlemail.com +447772694327 for interviews.

RELATED CONTENT Indigenous leaders from threatened tropical forests to launch tour in Europe; will challenge region's deadly trade in ubiquitous palm oil Indigenous peoples' organisation FECONAU and indigenous community present first Peruvian complaint to RSPO regarding harmful oil palm development on their lands in the Amazon region Press Release: “We are going to kill you”: Indigenous activist’s life in danger after opposing destruction of Peruvian Amazon PRESS RELEASE: Peruvian indigenous leader in London to denounce illegal deforestation of 5000 hectares of Peru’s Amazon for palm oil

UPM Sells its Schwedt mill to LEIPA Georg Leinfelder GmbH

PaperIndex TimesNews - Di, 26/04/2016 - 10:31
UPM, Helsinki, 26 April 2016 - UPM has signed an agreement to sell its Schwedt newsprint mill site and relevant assets to LEIPA Georg Leinfelder GmbH for the aim of a conversion into liner production. The entire personnel of Schwedt mill will transfer to LEIPA as old employees. The transaction price is EUR 70 million. The transaction is subject to customary third party approvals.

As part of the transaction, the parties have agreed to enter into a contract manufacturing agreement for newsprint for a transition period which would end latest at the end of 2017. The mill's capacity is 280,000 tonnes of newsprint annually.

LEIPA will convert the mill into liner production. The planned production capacity would be approximately 450,000 tonnes of liner annually.

"With this transaction UPM and LEIPA will have an improved opportunity to develop their businesses to meet the market needs. LEIPA is a solid and successful player in the liner business," says Winfried Schaur, Executive Vice President, UPM Paper ENA.

"The negotiations with LEIPA have proceeded well and we believe that the transaction will bring benefits to the employees in the form of future employment at a converted site," says Schaur.

UPM continues newsprint production at its Chapelle, Kaipola, Hürth, Schongau, Shotton and Steyrermühl mills.

For further information please contact:
UPM Paper ENA media contact: Klaus Kohler, Manager Stakeholder Relations, klaus.kohler@upm.com, Tel. +49 821 3109-225

LEIPA media contact: Nenad Nemarnik, LEIPA Group GmbH, Director Marketing and Sales Coordination, nenad.nemarnik@leipa.de, tel. +49 160 2548278

Tembec introduces Kallima® Coated Cover C2S 16 pt

PaperIndex TimesNews - Di, 26/04/2016 - 10:30
MONTREAL, April 25, 2016 - Tembec is proud to announce the official launch of FSC®-certified Kallima Coated Cover C2S 16 pt – the latest extension of its line of bleached paperboard products. This new product release stems from Tembec's continuous investment into its research and development operations as well as a relentless focus on providing customers with superior quality products and solutions.

The new 16 pt caliper coated two-side substrate offers commercial printers yet another Kallima Coated Cover solution with superior printability, runnability and market renowned cost savings. Printers can benefit from savings of up to 20% over competing products due to Kallima's basis weight advantage achieved through its unique high-bulk, low-density construction. Kallima's on-press reliability, visual performance and savings potential make it an ideal choice for business cards, post cards, direct mail, POP displays, advertising collateral and pocket folders. "Kallima's new light-weight C2S 16 pt coated cover grade will be particularly attractive for commercial printers whose business model involves a high volume of shipments of printed product to multiple locations. Due to Kallima's light weight construction, printers will find significant savings on mailing and shipping fees alone," highlighted Adrienne Jung, Marketing Manager, Tembec Paperboard Group.

Kallima Coated Cover C2S 16 pt is available in rolls and sheets, and is fully compatible with post press production effects such as die cutting, UV and aqueous coating, folding, scoring, embossing, debossing and foil stamping. Kallima Coated Cover 16 pt is FSC-certified and available with 10% recycled content upon request.

West Fraser Announces First Quarter Results

PaperIndex TimesNews - Di, 26/04/2016 - 10:28
VANCOUVER, BC--(April 25, 2016) - West Fraser Timber Co. Ltd. reported earnings of $42 million or $0.51 basic earnings per share on sales of $1,077 million in the first quarter of 2016. These results compare with previous periods as shown in the table below.

Adjusted EBITDA, Adjusted earnings and Adjusted basic EPS as described in this News Release reflect the adjustments described in the tables referred to in the section titled "Non-IFRS Measures" of our 2016 first quarter Management's Discussion & Analysis.

1. In this news release, reference is made to Adjusted EBITDA, Adjusted earnings and Adjusted earnings per share (collectively "these measures"). We believe that, in addition to earnings, these measures are useful performance indicators. None of these measures is a generally accepted earnings measure under International Financial Reporting Standards ("IFRS") and none has a standardized meaning prescribed by IFRS. Investors are cautioned that none of these measures should be considered as an alternative to earnings, EPS or cash flow, as determined in accordance with IFRS. As there is no standardized method of calculating any of these measures, our method of calculating each of them may differ from the methods used by other entities and, accordingly, our use of any of these measures may not be directly comparable to similarly titled measures used by other entities. Refer to the tables in the section titled "Non-IFRS Measures" of our 2016 first quarter Management's Discussion & Analysis of our first quarter 2016 results for details of these adjustments.

Operational Results

In the quarter our lumber operations generated operating earnings of $63 million (Q4-15 - $17 million) and Adjusted EBITDA of $100 million (Q4-15 - $55 million). Higher prices and shipments combined with a weaker Canadian dollar contributed to the improved results. Lumber markets improved slightly as generally milder weather conditions produced above normal home building activity in many parts of the U.S.

The panel segment, which includes plywood, LVL and MDF, generated operating earnings in the quarter of $12 million (Q4-15 - $16 million) and Adjusted EBITDA of $15 million (Q4-15 - $19 million), mostly reflecting weakening plywood and MDF prices.

Pulp and paper operations generated operating earnings in the quarter of $5 million (Q4-15 - $8 million) and Adjusted EBITDA of $14 million (Q4-15 - $17 million). Pulp results benefitted from a weaker Canadian dollar as U.S. dollar-denominated pulp prices were relatively stable in the quarter. This benefit was offset by increased maintenance costs at our Hinton pulp mill, the result of a minor maintenance shutdown during the period.

Outlook

Discussions between Canada and the U.S. regarding a replacement of the Softwood Lumber Agreement are underway. West Fraser supports a reasonable negotiated settlement of this potential dispute but is prepared for alternative outcomes.

Ted Seraphim, our President and CEO, said "We have made significant investments in growth, capital and innovation, and we are starting to see the benefits of the most comprehensive five- year capital plan in our history. We are geographically diversified and have a modern and efficient group of assets which positions us well in addressing any trade sanctions arising from the dispute."

Management's Discussion & Analysis ("MD&A")

The Company's MD&A is available on the Company's website: www.westfraser.com and on the System for Electronic Document Analysis and Retrieval at www.sedar.com under the Company's profile.

The Company

West Fraser is a diversified wood products company producing lumber, LVL, MDF, plywood, pulp, newsprint, wood chips and energy with facilities in western Canada and the southern United States.

After Paris – Nature’s role in mission 1.5 degree

GFIS - Di, 26/04/2016 - 07:58

By Justin Adams (TNC). Originally published by The Nature Conservancy as The Original Climate Solution. Just as the world gets to grips with the urgency of limiting global warming to beneath 2°C, the official UN body charged with climate science (the IPCC) has been charged with understanding potential impacts if temperatures rise 1.5°C above pre-industrial levels […]

Natural climate solutions are available today

GFIS - Di, 26/04/2016 - 07:58

By Justin Adams (TNC). Originally published by The Nature Conservancy as The Original Climate Solution. Just as the world gets to grips with the urgency of limiting global warming to beneath 2°C, the official UN body charged with climate science (the IPCC) has been charged with understanding potential impacts if temperatures rise 1.5°C above pre-industrial levels […]

Palm oil politics impede sustainability in Southeast Asia

GFIS - Di, 26/04/2016 - 06:31

An Indonesian oil palm smallholder sells fruit bunches to a trader. Lesley Potter, Author provided Rob Cramb, The University of Queensland and John McCarthy, Australian National University Indonesia and Malaysia are at the centre of the world’s decades-long palm oil boom. Between them the two countries have planted more than 15 million hectares of oil […]

Viet Nam learning the importance of weather forecasts with agricultural advice

GFIS - Di, 26/04/2016 - 03:34
For the first time, farmers, meteorologists and government agricultural planners in Ha Tinh, Viet Nam are working together to provide locally-specific weather forecasts and accompanying agricultural advice in a bid to help farmers adapt more rapidly to changes...

FRIM, Plus Intervest to cooperate on tissue culture product

GFIS - Di, 26/04/2016 - 03:18
25 April 2016 (Monday) – Forest Research Institute Malaysia (FRIM) has recently signed a memorandum of understanding (MOU) with Plus Intervest Sdn. Bhd. to collaborate on the production of Eucalyptus sp. planting materials through tissue culture technology. Based on the MOU, FRIM will produce the tissue cultured plantlets, whilst the acclimatising and marketing of the […]

Democratic Republic of Congo signs agreement to address deforestation

GFIS - Di, 26/04/2016 - 00:00

The Central African Forest Initiative (CAFI) and the Democratic Republic of Congo signed a landmark US $200 million agreement to help the African nation protect the world’s second-largest rainforest, implement sustainable development policies and reduce carbon emissions.

The agreement is the first signed between CAFI and a country of the Central Africa region, and the largest one ever concluded on REDD+ in Africa. Reducing Emissions from Deforestation and Forest Degradation (REDD) is an effort to create a financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development.

Launched in 2015, CAFI is a partnership of six Central African countries, donors and international organisations, including the United Nations Development Programme, the World Bank and FAO. The participating Central African countries are Cameroon, the Central African Republic, the Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo. Donors include Norway, France, United Kingdom, Germany and the European Union.

FAO is a signatory to the CAFI and one of the key implementing partners, particularly on issues related to REDD+ MRV and forest governance.

Trying to keep up with dead trees in California forests

GFIS - Mo, 25/04/2016 - 23:07

Normally, the drive through Sequoia National Forest is a pleasant one, with the occasional views of majestic valleys and stands of trees a short distance from the winding road.

Thousands of Sierra trees getting cut to prepare for summer

GFIS - Mo, 25/04/2016 - 23:02

The bark beetle and drought are killing ponderosa pines by the thousands in the south Sierra.

Deltic Announces Preliminary First Quarter 2016 Results

Forest Products IIII - Mo, 25/04/2016 - 22:15
[Business Wire] - Deltic Timber Corporation :

The Co-op Advantage – Amy Ing

GFIS - Mo, 25/04/2016 - 22:08
As a co-op student in the Faculty of Forestry, I have had the very rewarding experience of spending 2 work terms as a “garden educator”, one in Vancouver and another in Pennsylvania. These work experiences have involved facilitating, organizing and teaching garden activities through school programs and summer camps. These 2 experiences have allowed me to make some comparisons in regard to garden sites, vegetation types, and in the different skills that I have gained. The employment opportunities have reinforced my interest in a career as a garden educator after I graduate with my degree from Forestry.

Old-growth forests may provide buffer against rising temperatures

GFIS - Mo, 25/04/2016 - 19:13

“Though it is well-known that closed-canopy forests tend to be cooler than open areas, little is known about more subtle temperature differences between mature forest types,” said Sarah Frey, postdoctoral scholar in the OSU College of Forestry and lead author on the study. “We found that the... (more)

Additional Information: OSU Press ReleaseSarah Frey

What does it take to Move Pulpwood from Western Russia to Scandinavia by Water?

GFIS - Mo, 25/04/2016 - 19:09

As many of you know, Forest2Market recently started operating in Europe and western Russia. We have named the new product the Baltic Rim/Russia Timber Price Index, which basically covers Scandinavia, the Baltic States, Poland and western Russia. On a recent trip to western Russia, I visited with some of the new customers, as well as potential customers of the benchmark service, and of course learned some very interesting things about the regional market.

Congratulations to Kathy Martin on being awarded the Ian McTaggart-Cowan Lifetime Achievement Award

GFIS - Mo, 25/04/2016 - 18:25
The Wildlife Society, Canadian Section has awarded Kathy Martin the Ian McTaggart-Cowan Lifetime Achievement Award. This award recognizes individuals who have made outstanding contributions to the understanding, conservation, and/or management of wildlife in Canada over their career. It is only the second time the society has given the award to one of their own. Kathy will receive the award at their annual meeting in Newfoundland in July.

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