|
 Industry Roundup |
Deforestation/Reforestation
|
|
Costco under pressure from activist shareholders to reduce carbon pollution, deforestation; 69.9% of shareholders vote in favor of proposal calling on retailer to set science-based GHG emissions reduction targets to achieve net-zero emissions by 2050
Targeted News Service (01/26)
|
|
Forest/Plant Biotechnology
|
|
Scientists at Switzerland's EPFL develop new method for obtaining solid biochar and hydrogen gas, two of the cleanest and most efficient fuels, from biological waste such as banana peels and coffee beans using a photothermal chemical process
CE Noticias Financieras (01/26)
|
|
|
Forestry
|
|
Savon Voima, Joensuu Biocoal to establish JV biomass procurement company in Eastern Finland; Biomassa Oy will improve efficiency of biomass purchase for all Savon Voima plants and ensure raw material supply to Joensuu Biocoal's new bioindustrial plant
Savon Voima Oyj (01/26)
Carbon Streaming highlights from CIBC's Western Institutional Investor Conference: Company highlights several projects, including Rimba Raya, one of world’s largest REDD+ projects in Indonesia, estimated to cut emissions by 3.5 million tonnes CO2 a year
CIBC World Markets Inc. (01/26)
|
|
|
Timberland/Forestland
|
|
Open Space Institute acquires 417 acres of land that will expand South Carolina’s Cartwheel Bay Heritage Preserve; properties support both Longleaf pine savannah and Carolina Bays--important isolated wetlands--as well as several rare, at-risk species
Open Space Institute (01/26)
Two small logging operations begin in Arizona as part of Four Forest Restoration Initiative; 4FRI spokesperson says small-scale projects with multiple partners likely to get work done quicker towards meet US Forest Service goal of treating 880,000 acres
Arizona Daily Sun (01/26)
|
|
|
Forestry/Timberland
|
|
Pennsylvania hires first-ever director of outdoor recreation with goal of assessing needs, drawing in more diverse park and forest users; Nathan Reigner holds a doctorate in natural resources and has recreation and tourism expertise
The Philadelphia Inquirer (01/26)
More than 15,000 members of National Wildlife Federation, Southeast Alaska Conservation Council urge US to restore roadless rule protections for 9 million acres of Tongass National Forest; public comment period on federal plan ended on Jan. 24
Targeted News Service (01/26)
Oregon's US senators support renewing long-term stewardship contract for Malheur National Forest but not necessarily with same contractor; previous US$69M 10-year contract is credited with saving John Day's Iron Triangle mill but also sparked criticism
Blue Mountain Eagle (01/26)
|
|
|
Agri
|
Animal Farming/ Meat Production
|
|
Researchers at Scottish Agricultural College awarded nearly £95,000 to help UK farming transition to net zero and become more sustainable; research will cover technology, regenerative agriculture, soil health, improving livestock farming systems
Turriff Advertiser (01/26)
|
|
|
|
Land
|
Land
|
|
USDA's Natural Resources Conservation Service to invest US$48M for landscape restoration projects in multiple states that will mitigate wildfire risk, protect water quality, improve wildlife habitat, restore forest ecosystems, help combat climate change
Targeted News Service (01/26)
|
|
|
|
Wood Products
|
Oriented Strand Board (OSB)
|
|
Huber Engineered Woods' revised Environmental Assessment Worksheet for planned Cohasset site gives more details on health of Minnesota’s forests to supply the plant, generating site's energy needs through wood fuels, wood products' carbon sequestration
Huber Engineered Woods LLC (01/26)
North American structural panel production in Q4 down 0.2% year-over-year to 8.356 bsf, taking total for 2021 to 34.075 bsf, up from 33.201 bsf in 2020; Q4 OSB output up 1.9% year-over-year, plywood production down 5.1%: APA
Industry Intelligence Inc. (01/26)
|
|
|
|
Pulp/Fiber
|
Paper Pulp
|
|
Mercer highlights from CIBC's Western Institutional Investor Conference: CEO attributes pulp market rebound to supply challenges; in long term, Mercer views NBSK as becoming increasingly niche product, with limited prospects for growing softwood capacity
CIBC World Markets Inc. (01/26)
Tomoegawa Paper, maker of pulp and nonwoven fabric, is acquiring 100% of Japan-based Nippon Rika Paper; target company manufactures, processes, and sells packaging-related products
Marketline (01/26)
|
Publication/Fine Paper
|
|
Global printing-writing papers demand up 1.8% in November, helped by extra working day that suggests real growth is zero, long-term decline could resume soon; December prices flat except for small hikes for woodfree grades in Southeast Asia, China: EMGE
Industry Intelligence Inc. (01/26)
|
Containerboard
|
|
Franklin Mountain Capital launches Franklin Mountain Packaging in Santa Teresa, New Mexico; company offers printing services and has Fosber Quantum 98” corrugator for making fluting, micro-flutes, improved strength containerboard, surfacing for printing
Business Wire (01/26)
|
Paperboard
|
|
Long Falls Paperboard co-owner files whistleblower complaint with Vermont Attorney General alleging fraud, deceit by another co-owner; managing partner denies allegations, says he is working on restructuring plan to secure Brattleboro mill's future
Brattleboro Reformer (01/26)
|
|
|
|
Real Estate
|
Mortgages/Home Financing
|
|
US mortgage applications decreased 7.1% in week ended Jan. 21 from one week earlier; Refinance Index decreased 13.0%, Purchase Index decreased 2.0%: Mortgage Bankers Assn.
Mortgage Bankers Association (MBA) (01/26)
|
Green Building/Development
|
|
USGBC announces ranking of annual Top 10 States for LEED, with Illinois again topping the list for green building leadership; Washington, Massachusetts, Colorado and Virginia round out the top five, while Utah made the list for the first time since 2015
U.S. Green Building Council (01/26)
|
Real Estate
|
|
Median US rental price grew 19.3% year-over-year to US$1,781 in December, hitting sixth straight months of double-digit growth; rental trends reflect a shift in demand towards smaller rental units common to major metro centers: Realtor.com
Realtor.com (01/26)
|
|
|
|
Logistics
|
Rail Cargo/Shipping
|
|
Canadian National's Q4 net income rises 17.4% year-over-year to C$1.20B from C$1.02B, while operating income rises 11% to a record C$1.57B from C$1.41B; revenue up 3% to C$3.75B from C$3.66B on higher freight rates, rise in intermodal ancillary services
Canadian National Railway Co. (CN) (01/26)
CSX promotes VP and acting chief financial officer Sean Pelkey to EVP and chief financial officer, effective immediately; Pelkey joined the company in 2005 and was VP of finance and treasury from 2017 to June 2021
GlobeNewswire (01/26)
|
Trucking/Van Delivery
|
|
Marten Transport's Q4 net income rises 26.1% year-over-year to US$24.7M from US$19.6M; operating revenue up 17.4% to a record US$266.9M from US$227.3M, while operating income up 20% to a record US$30.7M from US$25.6M
Marten Transport Ltd. (01/26)
Cummins and Isuzu develop North America EV truck project with Isuzu F-Series truck and Cummins PowerDrive6000 plug-in hybrid drive; truck is first solution from Isuzu Cummins Powertrain Partnership, will pilot with prominent North American fleets in 2022
Cummins Inc. (01/26)
|
Ocean Cargo/Shipping
|
|
Navis to provide its Stowage Planning solution to Taiwan-based ocean liner Evergreen to optimize its stowage operations; solution offers cargo management and offline planning capabilities as well as safer vessel operations and up-to-date ship profiles
Business Wire (01/26)
|
Logistics, Shipping & Delivery
|
|
CEVA Logistics signs five-year distribution contract with European fashion platform ABOUT YOU in move to expand global e-commerce business; company to manage new 40,000-sq-meter warehouse with automation capabilities, hire 1,000 workers in Poland
Ceva Logistics AG (01/26)
Royal Mail to cut 700 management jobs in restructure in order to reduce costs by £40M/year, streamline operations and focus on local performance; company says it spent over £340M on overtime, temporary staffing, sick pay amid absences due to pandemic
Press Association Top News (01/26)
|
|
|
|
Bioeconomy
|
Biomass
|
|
Cleantech development and services company Char Technologies secures land in Saint-Felicien, Quebec, for high temperature pyrolysis system; facility will be located next to a biomass power plant and produce biocarbon and renewable natural gas
GlobeNewswire (01/26)
Turun Seudun Energiantuotanto orders Valmet DNA Automation System for biomass-fired heating plant in Oriketo; plant is one of the largest of its kind in Finland, with a full heat production capacity of 40MW
Valmet Corp. (01/26)
|
Biotechnology
|
|
Inkjet printability improves up to 80% after coating paper with translucent laminae of fibrils from palm fruit microfibers; coated virgin pulp network reveals improved nano-enabled coverage by significantly reducing stray and by print uniformity: study
Nanotech Daily (01/26)
|
|
|
|
Stock
|
|
Latest: Jan, 26 2022
|
Latest Value |
Prev |
Chg |
YOY Chg |
| Watchlist |
|
PotlatchDeltic (PCH)
|
51.80
|
52.69
|
-1.69%
|
1.89%
|
|
Rayonier (RYN)
|
35.50
|
35.93
|
-1.20%
|
12.70%
|
|
Weyerhaeuser (WY)
|
38.08
|
38.47
|
-1.01%
|
14.91%
|
|
|
|
|
Forestry & Timberland
Call Us
Email Us
