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[Editorial Note:  Readers of this study are cautioned that there has been significant changes in information on Hybrid Poplar and forest products markets since this study was completed.  This does not invalidate the basic premise of the study; however.  Readers are cautioned, as always, to evaluate their own situation and markets prior to taking action based on this or any other study.  It should be noted that significant additional work has been completed by Potlatch Corporation and Mater Engineering on the processing and manufacturing characteristics of the wood and Potlatch Corporation is moving forward with conversion of their Hybrid Poplar fiber plantations to solid wood plantations.4-6-01]

 

Marketing Study for a Multi-Region
Plantation Hybrid Poplar Project

Executive Summary

 

December, 1998

 

Introduction:


In the summer of 1998, the Baker-Malheur Regional Alliance and Potlatch Corporation, in an unusual public-private contract partnership, retained Mater Engineering out of Corvallis, Oregon to evaluate the market potential of plantation-grown Hybrid poplar (HP) in the solid wood products markets. In December of 1998, an added funding source for the project was provided by the Mid-Snake RC & D in Idaho, allowing for expanded markets research and increased potential buyer interviews.

Interest in undertaking the project from each of the funding entities was prompted by several factors:

  • In 1996, 70 acres of Hybrid poplar were established in the Malheur-Baker County region; in 1997 - 400 additional acres were planted; and in 1998, another 400 acres were scheduled to be planted. Spacing of the trees planted is 14' x 14' to allow trees to reach intended sawlog size (vs. fibre size) of 14" to 18" dbh in eight to ten years when the trees are planned to be harvested.

Eastern Oregon's interest in Hybrid poplars is mainly for sawlogs as an alternative crop, although wastewater treatment, floodplain and riparian protection, and creation of wind breaks might also be important results of the project.

  • Similar to Oregon, the Mid-Snake RC & D has also developed a keen interest in evaluating the potential of Hybrid poplar for solid wood products development.

  • Potlatch is one of the leading forestry and forest products corporations in the State of Oregon with approximately 22,000 acres of Hybrid poplar plantations in and around the Boardman-Hermiston area. The plantations, originally planted for fiber production for use in the pulp and paper industry, range in age with a substantial percentage in the 6-8 year old range. The continued drop in the chip markets coupled with the downturn in the Asian markets have prompted the corporation to evaluate other options for their Hybrid poplar resource.

For this study, all three entities were interested in ascertaining the highest and best use of the Hybrid poplar resource as a solid wood product based on current potential buyer interest.

 

Methodology:


The research undertaken for this study was conducted under several methodologies which have been successfully employed by Mater Engineering on other similar projects:

  • Identification and comparison of wood species characteristics through review of technical literature and direct interviews with worldwide specialists in the industry;
  • Evaluation of general product market trends through prior product research conducted by the firm, coupled with new product trend information researched for this project;
  • Determination of specific market demand for targeted products based on direct buyer interviews with primary and secondary wood product producers, and brokers throughout a western multi-state region;
  • Analysis of new resource sales and distribution options which might be employed in the region to capture the highest value off the harvested Hybrid poplar resource; and
  • Evaluation of the potential for new value-added processing options in the area employing HP based on the firm's direct facility and equipment engineering and design expertise in the industry.

 

General Conclusions and Recommendations:



Over 175 in-depth interviews with primary and secondary wood product producers, wholesalers, and by-product (bark, residue, etc.) buyers in an eight-state study region were conducted for this project. Overall, the in-depth interviews demonstrate a solid opportunity for taking the next steps in moving Hybrid poplar into solid wood products markets. The interest identified through the project interviews confirmed a volume demand that is higher than projected production, though current price structures appear to indicate a moderate return on investment. Projected volume of Hybrid poplar to be available to the market through this project is as follows:

  • Potlatch estimated annual Hybrid poplar wood volume

(Volume to be available by October, 2000)


=   17.4 mmbf

  • Grower's Association estimated annual Hybrid poplar wood volume

(Volume to be available by 2004; assumes 500 acres to be harvested annually)


=   5 mmbf

  • Potlatch estimated annual wood residue volume


=   57,000 bdt.

 

 

Several other indicators demonstrate positive potential for Hybrid poplar. First, many primary and secondary processors are either familiar with poplar/cottonwood and are currently using it in their products, or they are interested in obtaining or testing it for the future. Second, there is a shortage of traditional hardwoods similar to Hybrid poplar that invites producer interest in species substitutions. Third, Hybrid poplar has the potential to substitute for both hardwood and softwood species in a range of non-structural products. Selling points are its light color, clear smooth grain and appearance, light weight, lower price, and its acceptance of a wide variety of finish applications (painting, staining, and surface laminates).

 

 

Potential Opportunities


Although many issues must first be resolved before bringing a new material like Hybrid poplar into the wood products markets, the following indicators point to a market-driven pull:

  • Buyers of basswood are looking for substitutes. The national shortage of Basswood is supporting high Basswood prices (relative to Hybrid poplar) and buyers are actively searching for new sources and considering substitutes of similar species.
  • Buyers of alder are looking for substitutes because of Alder's high prices. They will consider Hybrid poplar if it fits the application.
  • Buyers of Yellow poplar are also looking for substitutes in certain applications which need a bright light-colored wood. Yellow poplar heartwood has greenish tones and grayish/purplish streaks that negatively affect its painting and staining qualities.
  • There is growth in demand for sanded core panels made from cottonwood; these are plywood panels laid up with cottonwood or Hybrid poplar core veneer without a protective surface veneer. Sanded core panels can be overlaid with hardwood veneer, plastics, foils, or other laminates and used for a very wide variety of products from cabinet doors to interior sheathing.
  • There is growth in demand for other products where buyers have indicated an interest in Hybrid poplar application. Those products include furniture, cabinetry, moulding and millwork, window coverings (especially wood venetian blinds), specialty wood products such as picture frames, caskets, toys, etc., and log home production.
  • There is a shortage of appearance grade knotty pine for decorative uses such as paneling, picture frames, finish moulding, and rustic and contemporary furniture. Less intensively-manager Hybrid poplar plantations produce wood with numerous small knots that are uniformly distributed--a preferred quality among buyers of knotty pine.
  • The Hybrid poplar resource may be able to accommodate the main market drivers of price and supply--buyers are looking for the best price and the most reliable long-term supply. As a result, buyers are pulling logs and lumber from a multi-state area, from 200 to 2000 miles. Buyers are also looking 5 years ahead for new supplies.
  • Among cottonwood buyers, there is a demand for "new improved" cottonwood, meaning: more clear high grade material with less defect, less tension wood, and higher sawmill recovery. There is a perception that hybridization and plantation culture will provide these improvements, avoiding the losses experienced with "old growth" or naturally-grown native cottonwoods. New mechanical and working properties testing of Hybrid poplar conducted for this project document significant improvements over native cottonwoods which will prove beneficial in moving the species into targeted solid wood products markets.
  • Among some buyers, there is a growing interest in "green" certification (wood that is certified as being sustainably-grown), a preference for a domestic wood supply, and a strong desire for a reliable wood supply that won't be blocked by environmental barriers. The concept of growing a consistent supply of crop trees on farm land, reducing harvest pull from native and primary forests, is very appealing.

 

Potential Barriers to Investment and Suggested Mitigation Measures:

 

  • There is a negative perception of cottonwood:
    1. In the wood products industry, it will be necessary to target manufacturers already familiar with cottonwood and provide them with useful detailed information on HP's working characteristics in various manufacturing processes, e.g. technical information about drying schedules, knife angles, feed rates, etc. Buyers will also appreciate some information describing how plantation culture and Hybridization has improved the quality of this material and the consistency of its supply. Wood samples should be sent to all interested buyers.
    2. In the marketplace, improve the perception of HP with information pertaining to its many qualities: light weight, light color, acceptance of a wide variety of stains and finishes, etc. Describe some of its uses in higher value products like furniture panels, mouldings, and wooden blinds. It may also be valuable to describe how the plantations are cleaning up water in rivers and streams.

  • There is significant confusion between Hybrid poplar (Populus species) and Yellow Poplar (Liriodendron tulipifera):

It will be important to clarify the species distinction up front because HP is a weaker wood than Yellow poplar. Focus Hybrid poplar on specific applications for which a softer/weaker wood is appropriate (furniture panels, window/door parts, interplys, sanded core, some finish mouldings, paint/stain grade mouldings, laminated mouldings). It may be possible to take advantage of HP's positive features by comparing its better price, weight, and availability to the more familiar Yellow poplar. Avoid applications for which HP has not been tested (some furniture parts and other uses where strength or hardness is desirable).

  • There is a lack of information on the actual working characteristics of Hybrid poplar:

Buyers and manufacturers will want detailed technical information on HP such as: gluing abilities in a variety of processes, drying schedules for solid wood and veneer, peeling and milling techniques, laminating techniques (surface laminating of hardwood veneer and synthetic laminates). This calls for testing.

While there is little information about Hybrid poplar, there is considerable information about its parents, Black cottonwood (Populus trichocarpa) and Eastern cottonwood (Populus deltoides). There is also considerable expertise on manufacturing, drying, and finishing cottonwood/poplar in the southern U.S., Europe, and New Zealand. For example, Genebank International Ltd. in New Zealand makes chairs and tables from Italian Hybrid poplar that it stains to look like a variety of other woods.

  • Lack of solid market information and utilization of bark and residue:

A new non-profit research organization can follow several lines of research on the properties and potential of residuals for: water and soil protection (filtration material, mulch); bark board production; composite product manufacturing combining bark and residue with an adhesive filler under pressure to produce plastic-like parts for furniture or other items; and on-farm uses such as biofuels, compost, feed, and litter.

  • Stump and root removal/treatment appears more difficult than originally thought, especially for older trees:

Several methods have been used successfully employed in Europe and should be tested domestically: 1) Cutting off stumps at ground level and drilling them out or grinding them up to sever basal roots; 2) Stump pulling using various types of equipment. Resources and information are available through the International Poplar Commission.

  • Juvenile wood from small log diameters:

There is a preference for larger log diameters because of higher mill recovery, higher value, and improved mechanical characteristics from mature wood. Current research suggests that HP matures at 12 years, with sawlog quality growth following. This may lead to efforts to increase the allowed rotation age from 12 years to approximately 15 years on agricultural lands. Under current law, if HP plantations are allowed to grow beyond 12 years, they will fall under the jurisdiction of the Oregon Department of Forestry and the Oregon Forest Practices Act (ORS 527.620) with its stricter regulations and higher costs.

  • An effort to change the law to allow up to 15-year-old HP trees to remain as an agriculture crop may result in political resistance:

If a legislative effort is made to change the law and increase rotation age, proponents can expect political resistance from timber and paper industry interests who may likely oppose the change on the following grounds:

    1. increased competition
    2. lack of "a level playing field" in regulatory and tax structures
    3. lack of access to the land resource and to subsidies enjoyed by the agriculture community.

Two things might occur to mitigate this resistance:

    1. Develop expertise and capacity to process smaller logs through existing forest products companies in order to quickly nurture Hybrid poplar's economic infrastructure and generate cash flow under existing law.
    2. Develop a strategy to address political resistance to increased rotation age by facilitating collaboration between the timber industry and with conservation interests, because both may ultimately gain. The timber industry wants access a reliable, high quality wood supply and markets. Conservation interests want to improve a host of ecological conditions by restoring the following: streams, soils, plant and animal habitat, biodiversity in plant and animal communities, soil organic matter, and surface and groundwater quality (temperature, volume, timing or flow regime, purity, suspended solids, biological oxygen demand, etc.).

 

New Resource Sales and Distribution Options:


The project evaluated the advisability for Eastern Oregon to implement innovative sales and distribution options that could promote rural economic development in the region by:

  • capturing the highest value from the HP resource
  • spreading resource offering costs; and
  • adding product value for the buyer of HP

Based on the survey results, best bet opportunities for Grower Association focus are:

·         Implementation of a wood resource cooperative

·         Consideration of "certified" wood sales

·         Development of "characterwood" grades

·         New business development options including cant production and possible compost production.

 

New Smaller-Scale Processing and Value-Added Production Options:


New Smaller-scale processing options evaluated for this project included:

  • Stump/root grinding systems
  • Portable single-pass cant production systems
  • Smaller-scale composite product manufacturing systems

Value-added productions options evaluated for this project included:

  • Barkboard production
  • Activated carbon production
  • Bark as a substitute for peat moss
  • Pellet production
  • Agroforestry options

 

Recommended Short-Term Actions:


This project was initiated on the premise that HP logs would not become available in the region until the year 2000 from corporate (Potlatch) resources, and year 2005 from Grower's Association resources. However, the interview results underscore the need to initiate short-term actions which can dramatically impact overall long-term success. Based on the study results, there are eleven (11) key short-term actions which deserve immediate attention:

  1. Increase familiarity with key contacts and players currently working in the HP arena:
  2. Expand the existing Grower's Association to a region-wide organization (OR, WA, ID) with two arms: a non-profit arm with a research, education, and grower support role; and a for-profit cooperative with a marketing and business incubation role.
  3. Initiate immediate business development opportunities based on in-depth interview results:
  4. Evaluate options for value-added processing in the region based on immediate development opportunities:
  5. Initiate additional wood working properties testing with interested manufacturers
  6. Focus in-field testing on affordable, efficient stump/root treatment options:
  7. Identify and evaluate immediate private investment access opportunities:
  8. Build public-private linkages:
  9. Develop sample packets for distribution to potential product/resource buyers:
  10. Build public-public linkages:
  11. Initiate additional feasibility analyses with immediate and future solid wood products markets in mind:

Recommended Long-Term Marketing Strategies:


Six (6) key strategy areas have been identified which can help facilitate long-term interest in investing in HP:

  1. Secure funding for on-going research and testing for non-traditional product development and long-term plantation research:
  2. Consider development of a HP manufacturing and marketing co-op:
  3. Evaluate options for value-added processing in the region based on longer-term development opportunities:
  4. Look at the application of a "Forest Bank" concept for HP plantation development:
  5. Evaluate opportunities and constraints for application of carbon sequestration designation and investment on HP plantations:
  6. Analyze potential new policy changes and incentive programs which could impact HP plantation growth:

 

To inquire about receiving a copy of the full report, please contact:

 

Catherine M. Mater
Vice President
Mater Engineering, Ltd.

101 SW Western Blvd
Corvallis, Oregon  97333
Tel: (541) 753-7335
Fax: (541) 752-2952
e-mail: mater@mater.com



Dave Jensen, Director
Economic Developer Department
Malheur County

676 SW Fifth Avenue
Ontario, Oregon  97914-3436
Tel: (541) 881-0327
Fax: (541) 881-0329
e-mail: mcedd@fmtc.com





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Web page last updated on January 19, 2001