Panel 2 Hot Canadian Sectors for Investment

Size: px
Start display at page:

Download "Panel 2 Hot Canadian Sectors for Investment"

Transcription

1 Panel 2 Hot Canadian Sectors for Investment Forestry and other Natural Resources 8th Chinese Enterprises Outbound Investment Conference April 2014 Jamie Samograd 2010 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. All rights reserved. The KPMG name, logo and cutting through complexity are registered trademarks or trademarks of KPMG International..

2 Presentation Outline 1. Overview of the Canadian forestry industry 2. Shift in focus from the US to Asia 3. Case study 2

3 Overview - Canadian forestry industry Canada is the second largest exporter of primary forest products in the world, after the U.S. Canada s forest sector is a top five contributor to the nation's net trade. The forest industry is an important employer in many regions of Canada, particularly in rural and remote communities. Major forest products include softwood lumber, structural panels, newsprint, pulp and various paper products. The development and production of many new and innovative products is also underway (ranging from bioenergy and bioplastics to new building systems). 3

4 Overview - Canadian forestry industry Regional snapshot of the industry Canada s forest industry varies across the country: Eastern Canada is dominated by pulp and paper product manufacturing. Western Canada is dominated by wood product manufacturing. The Atlantic Provinces, Quebec and British Columbia are the most forest-dependent regions, with a large share of their economy based on the sector. 4

5 Overview - Canadian forestry industry A sector in transition In recent years, refocusing its business model to help the sector adapt to new challenges: - a worldwide economic downturn - strengthening of the Canadian dollar against the currencies of our key competitors - a structural decline in North American newsprint demand; and - increased competition from other forest product suppliers (e.g. Brazil). 5

6 Shift in focus from the US to Asia British Columbia is a resource economy: - 75% of exports to the rest of the world come from natural resources. - 80% of exports of natural resources go to China. B.C. exports to China have grown from $1 billion in 2003 to $6 billion in Forestry makes up $3 billion of the $6 billion exported to China in In comparison, exports to the U.S. have fallen from $19 billion to $14 billion. China is not as large as the U.S. market for lumber, but it is where the growth is. 6

7 Shift in focus from the US to Asia Why the shift? Some reasons: - 59% decline in North American newsprint demand ( ) - Steady decline in US housing starts (2004: 2.3 million 2010: 0.5 million) - Higher unit production costs old mills, over capacity - Log quality declined due to pine beetle Number of restructurings in North America 7

8 Case study - background Long standing mill at Port Alice on the west coast of Vancouver Island. Went into bankruptcy in 2004 and mill shut. Purchased out of bankruptcy in 2005 by US Private Equity and rebranded as Neucel Specialty Cellulose. The mill was converted to produce dissolving sulphite pulp. Prices for the product are more than twice the price for the product used in paper and cardboard manufacturing that is produced by most B.C. mills. It is used in a wide range of manufacturing processes including rayon filament for garments, pharmaceuticals, film, food thickeners, LCD screens and other products. 8

9 Case study - background Neucel operate a cellulose plant on the west coast of Vancouver Island at Port Alice. It has access to a deep water port at Port Alice, can bring an ocean-going vessel within 30 feet of the warehouse, load and send to China. Geographic advantage in being on the west coast of Vancouver Island close to a high-quality source of supply (Hemlock) From coastal forest supply, it can be transported by barge, which is the lowest cost method of transportation. Does not have its own forestry license. Production equipment and mill are relatively old. 9

10 Case study - background Fulida is the largest rayon manufacturer in China and one of the largest textile manufacturers in the world. It is headquartered near China Textile City, Hangzhou Bay, southwest of Shanghai. Production of dissolving cellulose pulp is a key ingredient in viscose rayon fiber fabric. Viscose rayon fibre competition in China has become intense. Few dissolving pulp plants are operating in the world. 10

11 Case study investment rationale Fulida s strategy: - saw an opportunity to integrate a vertical portion of their supply with a reliable source. - gain control of quality assurance - gain expertise in pulp production - there was also an interest in expanding internationally - acquiring a mill was cheaper than constructing one. Acquired a strategic investment interest in Acquired the remaining interest in

12 Case study Post acquisition Focus has been on improving the reliability of the mill. Significant investment in capital improvements and debottlenecking the mill. Using lean manufacturing and Six Sigma methods combined with new computerized, energy-saving controls for the boilers to achieve that goal. After the improvements, the mill expects to produce close to 200,000 tons per year of cellulose versus the approximately 160,000 tons it produced prior to the acquisition. Fully integrated into the Fulida organization to explore new growth opportunities while continuing the aggressive cost and capacity initiatives. 12

13 Jamie Samograd The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. All rights reserved. The KPMG name, logo and cutting through complexity are registered trademarks or trademarks of KPMG International. 13

2011 Economic State of the B.C. Forest Sector

2011 Economic State of the B.C. Forest Sector 2011 Economic State of the B.C. Forest Sector June 2012 Prepared by Jie Shu, Economic Analyst Competitiveness and Innovation Branch 1 Questions Addressed How well is B.C. s forest sector doing? How competitive

More information

Update: The Global Demand for Wood Fibre

Update: The Global Demand for Wood Fibre Update: The Global Demand for Wood Fibre Timber Invest Europe Conference, London Bob Flynn Director, International Timber October 25, 21 End-use Market Sectors for Timberland Investments Pulp and Paper

More information

Clean-Tech Innovation Strategy for the B.C. Forest Sector

Clean-Tech Innovation Strategy for the B.C. Forest Sector Clean-Tech Innovation Strategy for the B.C. Forest Sector 2016 2024 One of the keys to having a globally competitive forest sector is the commitment to innovation, whether it s new harvesting techniques,

More information

North American Timber Outlook

North American Timber Outlook North American Timber Outlook Conditions Required for a Widespread Revival North American Conference October 2017 Peter Barynin Principal Economist, Timber Copyright 2017 RISI, Inc. Proprietary Information

More information

The State of B.C. s Wood Products Industry: 2015 Update

The State of B.C. s Wood Products Industry: 2015 Update The State of B.C. s Wood Products Industry: 2015 Update Association of Professional Economists of BC Vancouver, BC May 20 2015 By: Russell Taylor 2a Introduction to: International WOOD MARKETS Group We

More information

Outlook for Sawlog, Pulplog and Wood Chip Prices in Western US and Canada

Outlook for Sawlog, Pulplog and Wood Chip Prices in Western US and Canada Outlook for Sawlog, Pulplog and Wood Chip Prices in Western US and Canada Mapping the Course Annual Conference January 28, 216 Vancouver, Washington Håkan Ekström and Tim Gammell LLC LLC Forest industry

More information

GERRY VAN LEEUWEN: Career Overview & Role with WOOD MARKETS

GERRY VAN LEEUWEN: Career Overview & Role with WOOD MARKETS GERRY VAN LEEUWEN: Career Overview & Role with WOOD MARKETS Gerry Van Leeuwen has had a remarkable career in the global wood products industry. His strong operational and market experience in the sawmill

More information

DRAFT Investor Presentation May 2016

DRAFT Investor Presentation May 2016 DRAFT Investor Presentation May 2016 Forward Looking Statements and Non-GAAP Financial Measures All financial references are expressed in C$ unless otherwise noted. This presentation contains forward looking

More information

GOAL 24 FORESTRY IN NEW BRUNSWICK

GOAL 24 FORESTRY IN NEW BRUNSWICK GOAL 24 FORESTRY IN NEW BRUNSWICK The forestry industry in New Brunswick will return to its pre-2004 trend growth. Status: PROGRESSING Current Situation New Brunswick s forest industry consists of logging,

More information

Value Added Processing & Secondary Manufacturing. Jan Bartolome Andy Chan Paul Shives Robert Smidstra

Value Added Processing & Secondary Manufacturing. Jan Bartolome Andy Chan Paul Shives Robert Smidstra Value Added Processing & Secondary Manufacturing Jan Bartolome Andy Chan Paul Shives Robert Smidstra February 2, 2015 1 Introduction What is value added/secondary manufacturing? The definition for secondary

More information

The Forest Industry: Harvest, Housing and Foreign Trade

The Forest Industry: Harvest, Housing and Foreign Trade The Forest Industry: Harvest, Housing and Foreign Trade Timber Measurements Society, Central Meeting April 10, 2013 Silver Reef Resort Ferndale, Washington 2013 Forest2Market, Inc. 2 Forest2Market Data

More information

Nova Scotia s Pulp & Paper Sector

Nova Scotia s Pulp & Paper Sector Nova Scotia s Pulp & Paper Sector.. Back from the Brink of Disaster By Peter Woodbridge Three years ago, Nova Scotians were stunned by the closure of two of the province s long established pulp and paper

More information

TIR OUTLOOK FOR U.S. TIMBERLAND IN A CHANGING GLOBAL MARKETPLACE. Chung-Hong Fu, Ph.D., Managing Director

TIR OUTLOOK FOR U.S. TIMBERLAND IN A CHANGING GLOBAL MARKETPLACE. Chung-Hong Fu, Ph.D., Managing Director TIR OUTLOOK FOR U.S. TIMBERLAND IN A CHANGING GLOBAL MARKETPLACE Chung-Hong Fu, Ph.D., Managing Director Economic Research and Analysis February 2006 Introduction Two particular issues of global trade

More information

A Sustainable Forest Products Industry is a Business and a Consumer Issue: PricewaterhouseCoopers

A Sustainable Forest Products Industry is a Business and a Consumer Issue: PricewaterhouseCoopers close window Global home A Sustainable Forest Products Industry is a Business and a Consumer Issue: PricewaterhouseCoopers VANCOUVER, 10 MAY 2007 Climate change and the environment is now a number one

More information

Life After the Beetle- Fibre Supply and the Future of the BC Interior and Coastal Forest Industries

Life After the Beetle- Fibre Supply and the Future of the BC Interior and Coastal Forest Industries Life After the Beetle- Fibre Supply and the Future of the BC Interior and Coastal Forest Industries Forest Nursery Association of BC Vernon Oct 1, 2013 Murray Hall Life After the Beetle Life After the

More information

B.C./CANADA STATISTICS

B.C./CANADA STATISTICS B.C./CANADA STATISTICS CONTENTS 3 B.C./Canada Statistics 3.1 Forestry Practices... 78 Total Crown and private land available for timber production in 1991, by province... 78 Allowable annual cut on Crown

More information

[1917] Resolution, and General Letter of Hypothecation] MS [Whalen Pulp and Paper Mills Ltd. records - [ ]

[1917] Resolution, and General Letter of Hypothecation] MS [Whalen Pulp and Paper Mills Ltd. records - [ ] MS-1996 PR-0126 Accession(s): MS-1996; 89-1392 Predecessor companies, textual records Originals. 3 m of textual records and other material. -- [ca. 1906-1979] Container Folder Title Date Accession MS-1996

More information

FIBER QUALITY & SUPPLY GLOBAL OUTLOOK

FIBER QUALITY & SUPPLY GLOBAL OUTLOOK FIBER QUALITY & SUPPLY GLOBAL OUTLOOK FOREST RESOURCES ASSOCIATION COEUR D ALENE, IDAHO SEPTEMBER 28, 2016 Larry Davis 1 Topics Covered Pulp & Paper Trends Fiber Quality Fiber Supply & Demand Timber Resource

More information

CIBC Investor Tour Quesnel, B.C. June 13, 2012

CIBC Investor Tour Quesnel, B.C. June 13, 2012 CIBC Investor Tour Quesnel, B.C. June 13, 2012 1 Forward-Looking Statements This presentation and comments associated with it contain forward-looking statements including statements relating to U.S. housing

More information

THE BIG PICTURE: NORTH AMERICAN LUMBER SUPPLY. Duncan Davies

THE BIG PICTURE: NORTH AMERICAN LUMBER SUPPLY. Duncan Davies THE BIG PICTURE: NORTH AMERICAN LUMBER SUPPLY Duncan Davies 1 ITEMS FOR DISCUSSION Interfor s Platform North American Lumber Supply Protecting (and Growing?) the Market for Softwood Lumber 2 INTERFOR S

More information

PNW Wood Markets: A Closer Look at our Domestic and Export Timber Economies

PNW Wood Markets: A Closer Look at our Domestic and Export Timber Economies PNW Wood Markets: A Closer Look at our Domestic and Export Timber Economies Timber Measurements Society Central Meeting April 7, 2016 Coeur d Alene, Idaho 2015 Forest2Market, Inc. 2 Today s Topics US housing

More information

Forest Sector Innovation Framework

Forest Sector Innovation Framework Forest Sector Innovation Framework Industry Government Academia Industry Government Academia Industry Government Academia Industry Fo4-32/2010E-PDF / 978-1-100-14750-5 Government Academia Industry Government

More information

The Concept: Moving from Data Analysis to Data Analytics

The Concept: Moving from Data Analysis to Data Analytics The Concept: Moving from Data Analysis to Data Analytics May 19, 2016 1 2 Challenges: Addressing complex business demand with Data Analytics Solutions Business demands Business Analytics Data attributes

More information

ECONOMIC DEVELOPMENT Economic Overview

ECONOMIC DEVELOPMENT Economic Overview ECONOMIC DEVELOPMENT Economic Overview Economic Development Division Business Development Business Outreach Advisory Services Programs & Events Clean Technology Workforce Development Population Retention

More information

KPMG s National Charity application form

KPMG s National Charity application form KPMG s National Charity application form Thank you for applying to be KPMG s National Charity. All applicants must use this form to complete their application. Please ensure that your responses stay within

More information

Identifying a New Source of Wood Pulp for Manufacture of Nitrocellulose

Identifying a New Source of Wood Pulp for Manufacture of Nitrocellulose BAE SYSTEMS, INC. Identifying a New Source of Wood Pulp for Manufacture of Nitrocellulose NDIA IMEM Conference, San Diego, CA October 8, 2013 Kelly Moran BAE Systems Radford Army Ammunition Plant BAE Systems

More information

Pulp & Paper Relationship with Towboat Industry. Whistler, B.C. June 2 nd, 2006

Pulp & Paper Relationship with Towboat Industry. Whistler, B.C. June 2 nd, 2006 Pulp & Paper Relationship with Towboat Industry Whistler, B.C. June 2 nd, 2006 British Columbia - Pulp and Paper Industry Production Capacity by Company Source: Pulp and Paper Advisory Committee Report

More information

Canada s Forest Industry Challenges and Opportunities. Doug Wilkes Maritime Lumber Bureau Annual Meeting June 4, 2008

Canada s Forest Industry Challenges and Opportunities. Doug Wilkes Maritime Lumber Bureau Annual Meeting June 4, 2008 Canada s Forest Industry Challenges and Opportunities Doug Wilkes Maritime Lumber Bureau Annual Meeting June 4, 2008 Agenda Part 1: State of the Industry i. Economic Conditions ii. Pulp and Paper iii.

More information

COMPANY OVERVIEW May 2014

COMPANY OVERVIEW May 2014 COMPANY OVERVIEW May 2014 FORWARD-LOOKING STATEMENTS Information contained herein constitutes forward-looking statements. Forward-looking statements, which include all statements that are not historical

More information

Australian Pine Log Price Index Updated to June 2003 ADVISORY

Australian Pine Log Price Index Updated to June 2003 ADVISORY Australian Pine Log Price Index Updated to June 23 ADVISORY Australian Pine Log Price Index Updated to June 23 This report contains 22 pages Contents 1 About the Pine Log Index 2 2 Growers and regions

More information

The KPMG Survey of Corporate Responsibility Reporting 2015: Chinese findings

The KPMG Survey of Corporate Responsibility Reporting 2015: Chinese findings The KPMG Survey of Corporate Responsibility Reporting 2015: Chinese findings Companies are facing ever-increasing expectations to provide non-financial information. To understand the current state of non-financial

More information

NEWS RELEASE. Province sets agenda to address forest sector competitiveness

NEWS RELEASE. Province sets agenda to address forest sector competitiveness NEWS RELEASE Resource Province sets agenda to address forest sector competitiveness PRINCE GEORGE The provincial government today released its agenda to enhance the competitiveness of B.C. s forest sector

More information

B.C. Forestry Innovation Investment Market Outreach Sustainable Forest Management in British Columbia April 2009

B.C. Forestry Innovation Investment Market Outreach Sustainable Forest Management in British Columbia April 2009 B.C. Forestry Innovation Investment Market Outreach Sustainable Forest Management in British Columbia April 2009 1 Context Forest Industry in British Columbia Forestry is a key driver of economy 15% of

More information

GROWTH OPPORTUNITIES IN PULP

GROWTH OPPORTUNITIES IN PULP GROWTH OPPORTUNITIES IN PULP Heikki Vappula EVP, UPM Biorefining 1 Pulp is used in products we all use daily 2 Megatrends accelerate the demand of wood fibres High population growth areas in Asia, Africa

More information

Global Timber and Solidwood Market Highlights - Focus on Asia 2012

Global Timber and Solidwood Market Highlights - Focus on Asia 2012 Global Timber and Solidwood Market Highlights - Focus on Asia 2012 25 th Annual Global Forest & Paper Industry Conference, PWC, Vancouver, British Columbia, May 12, 2012 Bob Flynn Director, International

More information

100% 100% 100% 100% 92% 100% 100% 25% 0% 75% 77%

100% 100% 100% 100% 92% 100% 100% 25% 0% 75% 77% Technical Annex to the Viewpoint The Economic Costs of Protectionism: The Case of Softwood Lumber Published by the MEI on September 15, 2016 Alexandre Moreau The 2006-2015 Canada-United States Agreement

More information

Canpotex Exporting Potash to International Markets. Feb 2007

Canpotex Exporting Potash to International Markets. Feb 2007 Canpotex Exporting Potash to International Markets Feb 2007 Company Overview Operational since 1972, sells Saskatchewan potash to markets outside Canada and the United States over 140 million tonnes since

More information

The Board s Perspective on M&A: From due diligence to Day 1 and beyond. kpmg.com

The Board s Perspective on M&A: From due diligence to Day 1 and beyond. kpmg.com The Board s Perspective on M&A: From due diligence to Day 1 and beyond kpmg.com As deal activity gains momentum from 2008 lows fueled by high stock prices, low interest rates, and cash-heavy balance sheets

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION August 2018 TSX:WEF Forward Looking Statements and Non-GAAP Financial Measures All financial references are expressed in C$ unless otherwise noted. This presentation contains statements

More information

Global Pulp Market: Size, Trends & Forecasts ( ) June 2018

Global Pulp Market: Size, Trends & Forecasts ( ) June 2018 Global Pulp Market: Size, Trends & Forecasts (2018-2022) June 2018 Global Pulp Market: Coverage Executive Summary and Scope Introduction/Market Overview Market Analysis Regional Analysis Market Dynamics

More information

Financial Results Meeting: FY Ended March 2013

Financial Results Meeting: FY Ended March 2013 Financial Results Meeting: FY Ended March 2013 (April 1, 2012 - March 31, 2013) May 10, 2013 Kintetsu World Express, Inc. 0 Contents Summary of Business Results for FY ended March 31, 2013, and Forecast

More information

Right now! 26th Annual Insurance Conference Tuesday, November 28, kpmg.ca/insuranceconference2017

Right now! 26th Annual Insurance Conference Tuesday, November 28, kpmg.ca/insuranceconference2017 Right now! 26th Annual Insurance Conference Tuesday, November 28, 2017 kpmg.ca/insuranceconference2017 Agenda Topic IT Cost Optimization 3 Technology challenges 4 Case for change 5 Identifying the right

More information

2/24/2009. The factors that determine what type of forest will grow in a region are temperature precipitation growing season soil land forms

2/24/2009. The factors that determine what type of forest will grow in a region are temperature precipitation growing season soil land forms FOREST FACTS Forestry 37% of Canada's land area covered by forests. Stretches in a continuous band from BC to NL. Commercial forests are forests that could be easily be harvested for timber. Non-commercial

More information

Adhesives & Plasticizers at a glance

Adhesives & Plasticizers at a glance Adhesives & Plasticizers Adhesives & Plasticizers at a glance Trailing 12 months sales revenue (4Q13 3Q14) Adhesives 53% Plasticizers 47% Technology platforms Hydrocarbon resins Olefins Polyesters 60 Adhesives

More information

General Products & Realty Company

General Products & Realty Company Textile Machinery Metals & Minerals Energy & Chemicals Food General Products & Realty ICT & Financial Business General Products & Realty We will strengthen our earnings base in core businesses, aggressively

More information

An Overview of the Lumber Industry in Canada, 2004 to 2010

An Overview of the Lumber Industry in Canada, 2004 to 2010 Catalogue no. 11-621-M, no. 89 ISSN 1707-0503 ISBN 978-1-100-19666-4..Analytical Paper... Analysis in Brief An Overview of the Lumber Industry in Canada, 2004 to 2010 by Benoit Germain Manufacturing and

More information

Have you seen Today s Paper?

Have you seen Today s Paper? Have you seen Today s? CATALYSTPAPER.COM Today s is a leader. Catalyst is a nimble west coast paper company and the leading manufacturer of mechanical printing papers in western North America. We have

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION May 2018 TSX:WEF Forward Looking Statements and Non-GAAP Financial Measures All financial references are expressed in C$ unless otherwise noted. This presentation contains statements

More information

Small-Cap Conference. October 20, 2011

Small-Cap Conference. October 20, 2011 Small-Cap Conference October 20, 2011 WWW.FORTRESSPAPER.COM Corporate Structure 2 Investment Thesis for Dissolving Pulp Population (millions) Projected Source: United Nations Population Division Population

More information

NATIONAL ENERGY BOARD

NATIONAL ENERGY BOARD NATIONAL ENERGY BOARD IN THE MATTER OF the National Energy Board Act, being Chapter N-7 of the Revised Statutes of Canada, as amended, and the Regulations made thereunder; AND IN THE MATTER of an Application

More information

Charting a Course for Success

Charting a Course for Success Regional District of Mount Waddington Economic Development Commission Charting a Course for Success Strategic Vision and Business Plan 2008-09 Contents 1.0 Background to the update page 3 1.1 Meeting challenges

More information

Construction and Housing:

Construction and Housing: Construction and Housing: Softwood Timber Sector Overview March 2017 Disclaimer New Forests 2017. This presentation is issued by and is the property of New Forests Asset Management Pty Ltd (New Forests)

More information

Exploiting the Forests

Exploiting the Forests Exploiting the Forests Exploiting the Forests Some readings: Sweeney & Holmes (2008) on treeplanting Canada s Forests Canada has the third largest forest coverage in the world After Russia and Brazil We

More information

Building Trust in Regulation

Building Trust in Regulation Building Trust in Regulation Presentation to the PSA Annual Conference Tim Aldrich, Associate Director, KPMG LLP (UK) 10 March, 2017 Why trust? Source: Global Trust Barometer, Edelman, 2017 2 Trust diminishing

More information

Retail Supply Chains Selected Best Practices. Scotia Capital Inc. Transportation and Logistics Conference May 6, 2008

Retail Supply Chains Selected Best Practices. Scotia Capital Inc. Transportation and Logistics Conference May 6, 2008 Retail Supply Chains Selected Best Practices Scotia Capital Inc. Transportation and Logistics Conference May 6, 2008 Patrick Sinnott Senior Vice President, Supply Chain Canadian Tire Corporation, Ltd.

More information

FOREST PRODUCTS EXPORTS REPORT, 2017

FOREST PRODUCTS EXPORTS REPORT, 2017 FOREST PRODUCTS EXPORTS REPORT, 2017 U.S. Southern Region Forest Products Export Report, published by the South Carolina Forestry Commission, May 2018 Prepared by Edgar Arias Marketing Specialist Forest

More information

Forest Products Export Trends Update for the Pacific Northwest Region

Forest Products Export Trends Update for the Pacific Northwest Region Forest Products Export Trends Update for the Pacific Northwest Region October 24, 2005 John Perez-Garcia Professor Center for International Trade in Forest Products (CINTRAFOR) College of Forest Resources

More information

Kimberly-Clark s PERSPECTIVE ON SUSTAINABLE FIBER PROCUREMENT. Ken Strassner May 8, 2008

Kimberly-Clark s PERSPECTIVE ON SUSTAINABLE FIBER PROCUREMENT. Ken Strassner May 8, 2008 Kimberly-Clark s PERSPECTIVE ON SUSTAINABLE FIBER PROCUREMENT Ken Strassner May 8, 2008 About Kimberly-Clark (K-C) Fortune 150 company with 2007 sales of $18.3 billion. Kimberly-Clark and its well-known

More information

Investor Tour October, Armour, North Carolina

Investor Tour October, Armour, North Carolina Investor Tour October, 2013 Armour, North Carolina Forward-Looking Statements This presentation includes forward-looking statements, which are statements that are not historical facts, and as a result

More information

Sectoral Profile. Forestry and logging NAICS 113. Quebec

Sectoral Profile. Forestry and logging NAICS 113. Quebec Sectoral Profile Forestry and logging NAICS 113 Quebec 2015-2017 Since the late 1990s, the industry has had to grapple with a sharp drop in demand for its main products: paper, wood products and furniture

More information

Softwood Lumber (& Panel) Markets: North America & Global Trends

Softwood Lumber (& Panel) Markets: North America & Global Trends Softwood Lumber (& Panel) Markets: North America & Global Trends PricewaterhouseCoopers 21 st Forest Industry Conference Vancouver, BC May 8, 28 By: Russell Taylor Presentation Outline 1. North America

More information

Building a Biorefinery Competitive Bioproducts in Ontario s Forestry Clusters

Building a Biorefinery Competitive Bioproducts in Ontario s Forestry Clusters May 1, 2014 Connecting Communities Building Futures Fuels, ChEMS and Composites Kapuskasing, ON Building a Competitive Bioproducts in Ontario s Forestry Jamie Stephen, PhD Managing Director, TorchLight

More information

3M Pulp and Paper Sourcing Policy Progress Report

3M Pulp and Paper Sourcing Policy Progress Report 3M Pulp and Paper Sourcing Policy Progress Report November 2015 3M Pulp and Paper Sourcing Policy Progress Report November 2015 Welcome to the second semi-annual progress report on the implementation of

More information

Japan desk. Supporting your success in the Middle East. August kpmg.com/ae kpmg.com/om

Japan desk. Supporting your success in the Middle East. August kpmg.com/ae kpmg.com/om Japan desk Supporting your success in the Middle East August 2018 kpmg.com/ae kpmg.com/om Welcome The Middle East economy is rapidly developing, and as a result, KPMG has also taken measures to strengthen

More information

Forestry and related products

Forestry and related products Percentage of Tasmanian total Sector summary 2014 Forestry and related products The trade and investment sectors contained in the sector summary series have been compiled from Australian and New Zealand

More information

Forests 2030 Policy Talk on the Future of Forests in Europe and North America

Forests 2030 Policy Talk on the Future of Forests in Europe and North America Forests 2030 Policy Talk on the Future of Forests in Europe and North America Geneva 13 December 2011 Forests in North America 2006-2030 Jeff Prestemon, US Forest Service Thanks Introduction UNECE-FAO

More information

INNOVATIVE SUSTAINABLE

INNOVATIVE SUSTAINABLE BRITISH COLUMBIA CANADA INNOVATIVE SUSTAINABLE FORESTRY PRODUCTS + INNOVATION Front cover photo (top right): naturally:wood Photo: naturally:wood BRITISH COLUMBIA, CANADA: GROWING FOREST PRODUCTS FOR THE

More information

IntertradeIreland Venture Capital Conference

IntertradeIreland Venture Capital Conference IntertradeIreland 2018 Venture Capital Conference Introduction Contents Chris Donnelly KPMG Corporate Finance Belfast Venture Capital Investment trends Venture Capital - Landscape on the island of Ireland

More information

A Guide to Chain of Custody

A Guide to Chain of Custody A Guide to Chain of Custody British Columbia Forest Facts APRIL 2013 PROMOTE YOUR SUPPORT FOR FOREST CERTIFICATION AND DEMONSTRATE THE INTEGRITY OF YOUR WOOD SUPPLY Canada is a world leader in third-party

More information

Collaboration between humans and technology is creating a new labor class

Collaboration between humans and technology is creating a new labor class Collaboration between humans and technology is creating a new labor class U.S. CEO Industry Outlook Executive Summary kpmg.com/tech 2 Executive summary Disruptive technologies are reshaping all industries

More information

Analysis of the economics of forestry products in Nova Scotia from 1990 to Export Market ($)

Analysis of the economics of forestry products in Nova Scotia from 1990 to Export Market ($) Soren Bondrup-Nielsen 17 April 217 Analysis of the economics of forestry products in Nova Scotia from 199 to 215. This analysis presents data on trade (International and domestic) of forest products from

More information

Outlook for Woodchip Imports in China

Outlook for Woodchip Imports in China Outlook for Woodchip Imports in China Bob Flynn Director, International Timber, RISI JOPP Seminar, Tokyo, June11, 2013 Thousand BDMT As recently as 2003, China was the fourth largest supplier of hardwood

More information

North American and Global Forest Products Markets

North American and Global Forest Products Markets North American and Global Forest Products Markets TIMBER MEASUREMENT SOCIETY Central Meeting April 10-12, 2013 Ferndale, Washington Delton Alderman USDA Forest Service NRS 01 Forestry Sciences Laboratory

More information

Forward-Looking Statement Forward Looking Statements

Forward-Looking Statement Forward Looking Statements Potlatch Corporation Michael J. Covey Chairman & Chief Executive Officer Eric J. Cremers President, Chief Operating Officer & Chief Financial Officer June 2013 Forward-Looking Statement Forward Looking

More information

ECONOMIC IMPACT OF SC S FOREST PRODUCTS EXPORT CLUSTER

ECONOMIC IMPACT OF SC S FOREST PRODUCTS EXPORT CLUSTER ECONOMIC IMPACT OF SC S FOREST PRODUCTS EXPORT CLUSTER 1 Economic Impact of South Carolina s Forest Products Export Cluster (March 2018) Prepared by Dr. Eric McConnell Assistant Professor Louisiana Tech

More information

The Future of Forestry. Jefferies 2014 Global Industrials Conference August 11, 2014

The Future of Forestry. Jefferies 2014 Global Industrials Conference August 11, 2014 The Future of Forestry Jefferies 2014 Global Industrials Conference August 11, 2014 Disclaimer Any statements contained in this presentation that do not describe historical facts may constitute forward-looking

More information

Giving you clarity on your change programmes

Giving you clarity on your change programmes Giving you clarity on your change programmes Accelerated Quality Assurance (AQA) from KPMG July 2017 kpmg.com/uk Introduction to successful programmes A successful change programme... Has a clear vision

More information

Marine Renewable Energy in Canada

Marine Renewable Energy in Canada Marine Renewable Energy in Canada Aotearoa Wave and Tidal Energy Association 4th Annual Conference April 19-20th, 2010 Melanie Nadeau, P.Eng. Renewable & Integrated Energy Systems, CanmetENERGY 2 Overview

More information

UBS Paper and Packaging Conference Cape Town 27 September 2012

UBS Paper and Packaging Conference Cape Town 27 September 2012 UBS Paper and Packaging Conference Cape Town 27 September 2012 Forward looking statements Certain statements in this release that are neither reported financial results nor other historical information,

More information

For more information, or for further explanation, please contact your sales consultant or account manager.

For more information, or for further explanation, please contact your sales consultant or account manager. CoreLogic is pleased to provide you with an overview of the 4th quarter 2015 RCT updates. To ensure our clients receive the most current building material and labor costs, CoreLogic researchers continually

More information

NRC IRAP International Programs

NRC IRAP International Programs NRC IRAP International Programs International Innovation Office National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) May 2018 Connect Collaborate Grow with NRC IRAP NRC

More information

Timber Marketing Strategies

Timber Marketing Strategies Timber Marketing Strategies Dennis Hazel 1 Clay Altizer 2 1 North Carolina Cooperative Extension Service AND College of Natural Resources NORTH CAROLINA STATE UNIVERSITY 2 North Carolina Forest Service

More information

Production, Prices, Employment, and Trade in Northwest Forest Industries, All Quarters 2010

Production, Prices, Employment, and Trade in Northwest Forest Industries, All Quarters 2010 OF AGRICU LT URE United States Department of Agriculture Forest Service Pacific Northwest Research Station Resource Bulletin PNW-RB-260 July 2011 Production, Prices, Employment, and Trade in Northwest

More information

Production, Prices, Employment, and Trade in Northwest Forest Industries, All Quarters 2009

Production, Prices, Employment, and Trade in Northwest Forest Industries, All Quarters 2009 OF AGRICU LT URE United States Department of Agriculture Forest Service Pacific Northwest Research Station Resource Bulletin PNW-RB-259 September 2010 Production, Prices, Employment, and Trade in Northwest

More information

MeghanaReddy JessieYoh JamesYoon. sow ideas. cultivate relationships. reap results.

MeghanaReddy JessieYoh JamesYoon. sow ideas. cultivate relationships. reap results. MeghanaReddy JessieYoh JamesYoon sow ideas. cultivate relationships. reap results. stern iag agenda Thesis Company Overview History Businesses Industry/Market Pulp Competitive Advantages Competition Risks

More information

How well does your procurement measure up?

How well does your procurement measure up? How well does your procurement measure up? Find out how KPMG and Coupa can help you achieve smarter spend management. May 2017 kpmg.com/us/coupa How well does your procurement measure up? 1 Optimizing

More information

Growth Engine. Mats Nordlander, EVP, Renewable Packaging

Growth Engine. Mats Nordlander, EVP, Renewable Packaging Growth Engine Mats Nordlander, EVP, Renewable Packaging 2 World needs a new approach to materials Renewable packaging Recyclable packaging Packaging More from less End of waste Responsible and resource

More information

Certification - Good and poor practice seen in banks

Certification - Good and poor practice seen in banks Certification - Good and poor practice seen in banks TISA SM&CR Certification starts sooner than you think 29 January 2019 Max Lewis, Director, KPMG SMCR Background & context June 2013: Parliamentary Commission

More information

POTLATCH CORPORATION JUNE 2012 POTLATCH CORPORATION

POTLATCH CORPORATION JUNE 2012 POTLATCH CORPORATION POTLATCH CORPORATION Michael J. Covey Chairman, President & Chief Executive Officer Eric J. Cremers Executive Vice President & Chief Financial Officer Forward-Looking Statements This presentation contains

More information

Product serialization and traceability mandates. kpmg.com

Product serialization and traceability mandates. kpmg.com Product serialization and traceability mandates kpmg.com 1 Product serialization and traceability mandates Increasing threats to patient safety from counterfeited, adulterated, and diverted pharmaceutical

More information

The next-generation bioproduct mill in Äänekoski. Matti Toivonen Development Manager of bioproduct mill Metsä Group

The next-generation bioproduct mill in Äänekoski. Matti Toivonen Development Manager of bioproduct mill Metsä Group The next-generation bioproduct mill in Äänekoski Matti Toivonen Development Manager of bioproduct mill Metsä Group Metsä Group and Metsä Fibre Key figures 2017 METSÄ GROUP Sales EUR 5.0 billion Personnel

More information

Definition of a lease: Applying the new lease standards

Definition of a lease: Applying the new lease standards Definition of a lease: Applying the new lease standards May 12, 2016 kpmg.com/ca/leases Today s presenters Jeff King Partner Accounting Advisory 416.777.8458 jgking@kpmg.ca Mag Stewart Partner Professional

More information

Transforming the Canadian Forest Sector

Transforming the Canadian Forest Sector 1 NRCan s Initiatives on Transforming the Canadian Forest Sector David Nanang Director General, Great Lakes Forestry Centre, Canadian Forest Service 2 Outline of the presentation Context: Canada s forests

More information

Softwood Log and Lumber Markets in Asia

Softwood Log and Lumber Markets in Asia Softwood Log and Lumber Markets in Asia Mapping the Course Vancouver, Washington January 24, 219 Bob Flynn Director, International Timber Fastmarkets/RISI Email: rflynn@fastmarkets.com Phone: 1-36-471-6578

More information

A New Timber Economy in the US Pacific Northwest?

A New Timber Economy in the US Pacific Northwest? Hancock Hancock Timber Resource Group Timberland Investor Third Quarter 22 A New Timber Economy in the US? Much has changed in the s timber economy. For most of the post-world War II era, public lands

More information

Hancock Timberland Investor First Quarter 2013

Hancock Timberland Investor First Quarter 2013 Hancock Timberland Investor First Quarter Pacific Northwest Log Markets and the Changing Role of Chinese Demand China s growing appetite for log and lumber imports has changed the dynamics of timber markets

More information

Learning and Knowledge enabling the magnet for talent

Learning and Knowledge enabling the magnet for talent Learning and Knowledge enabling the magnet for talent About KPMG KPMG is a global network of professional services firms providing audit, tax and advisory services to a wide variety of public and private

More information

ANNUAL GENERAL MEETING. April 19, 2018 Quesnel, B.C.

ANNUAL GENERAL MEETING. April 19, 2018 Quesnel, B.C. ANNUAL GENERAL MEETING April 19, 2018 Quesnel, B.C. Financial Results 2017 2016 2004 5.13 Billion in sales Sales 5,134 4,450 2,400 Adjusted EBITDA 1,112 674 622 Earnings 596 326 212 2 Lumber Financial

More information

WOOD MARKET STATISTICS. British Columbia. Including Pulp and Paper Edition

WOOD MARKET STATISTICS. British Columbia. Including Pulp and Paper Edition WOOD MARKET STATISTICS Including Pulp and Paper IN British Columbia 2010 Edition FPInnovations together with the Canadian Wood Fibre Centre of Natural Resources Canada, form the world s largest private,

More information

China s Wastepaper Imports and the Environment

China s Wastepaper Imports and the Environment China s Wastepaper Imports and the Environment April 2007 Issue 7 Environmental Aspects of China s Wastepaper Imports China is the number one importer of the world s wastepaper, taking in large amounts

More information