Judul: Kualitas Kayu Ampupu (Eucalyptus urophylla S. T.Blake) Berbagai Umur Tanam Sebagai Bahan Baku Pulp dan Kertas
Abstrak: Ampupu wood a fast growing species, has been a major raw material for pulp and paper production. Ampupu wood (Eucalyptus urophylla S. T. Blake) of 4, 5, 6, and 7 years old were determine the fiber dimension and chemical content of the wood. Pulp was then produced by Kraft pulping process. The operating conditions were active alkali of 17%, sulphidity of 30%, liquor/wood ratio of 4/1, maximum temperature of 1650C, and 3.5 hours total cooking time. The resulting pulp was then bleached by an ECF bleaching method following DEDD sequences. The result was determine fiber dimension and its derivative values, E. urophylla were classified into quality class of II for the raw material of pulp and paper. The age of wood influence chemical content but did not influence pulping yield and kappa number. It was found that the highest mechanical properties of pulp resulted from 6 years old E. urophylla. E. urophylla of 7 year old have stain on the sheets of pulp so it's poorly to used as raw material for pulp and paper
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Judul: Study on Site Quality of Industrial Plantation Forest of Eucalyptus urograndis hybrid as Raw Materials for Pulp Industry, in Sustainable Forest Management (Case Study in PT Toba Pulp Lestari, Simalungun, North Sumatera)
Abstrak: Eucalyptus urograndis (E. urophylla x E. grandis) is a hybrid resulting from cross mating between species E. urophylla S.T. Blake and species E. grandis W.Hill ex Maid and constitutes one of the fast growing species being used as pulp industry raw materials in Sector of Aek Nauli, PT Toba Pulp Lestari, North Sumatra. With the progressive decrease in length of cutting rotation, it is feared that there would be negative impacts on site quality which will ultimately influence productivity, if there is no proper management. The objective of this research was studying site quality of industrial plantation forests of E. urograndis hybrid. This research used survey method by collecting field data in first and second rotation (stand ages of 1, 2, 3, 4 and 5 years). Research results showed that up to age of 5 years, stand growth of E. urograndis hybrid at first rotation reached utilizable volume of 159.89 m3/ha, whereas at second rotation the volume acquired 142.49 m3, so there was volume decrease by 10.8 %. Rotation of maximum volume for first rotation occurred at age of 5.4 years with average volume increment of around 31.85 m3/ha/year, and that of second rotation occurred at age of 6 years with average volume increment of 28.80 m3/ha/ year. There was biomass decrease by 6.3 % for stems with diameter ≥ 5 cm between first and second rotation. There was decrease in site quality from first to second rotation as reflected by decrease in nutrient content in soil, up to depth of 40 cm by 24% for N, 16% for K, 6% for Ca and 16% for Mg. Nutrient elements P and Ca in soils had positive correlation with dominant height of E. urograndis hybrid. On the basis of results of leaf analysis, it could be shown that nutrient N was highly deficient, whereas nutrients Ca and Mg were categorized as deficient so they constituted the limiting factors for growth of E. urograndis hybrid which were planted in Inceptisol soils. Dynamics of nutrient balance with cutting rotation of 5 years was predicted to have negative balance, since the end of first rotation, up to rotation 5. At cutting rotation of 6 years, nutrient balance of N, K and Ca were positive, only at the end of rotation 1, whereas nutrient balances of P and Mg were still positive up to rotation 2. At cutting rotation of 7 years, nutrient balances of N, K and Ca had been negative since the end of rotation 1, except the nutrient balances of P and Mg which were still positive at the end of rotation 1. Quality of site with rotation of 5 years decreased more rapidly as compared with those with cutting rotation of 6 and 7 years. Fertilizer application and several silvicultural techniques are required for recovery of sites and nutrient balance. On the basis of maximum volume rotation, it could be suggested that the optimum rotation for hybrid of E. urograndis in Inceptisol soils is 6 years.
Keyword: Forest management, Forestry, North Sumatera

Judul: Integration of Islamic Stock Markets of OIC Countries Before and During the Russia-Ukraine War Crisis
Abstrak: Pasar saham yang terintegrasi memberikan dampak negatif seperti percepatan co-movement (pergerakan bersama) yang rentan terhadap guncangan ekonomi, maupun krisis pasar global ke pasar domestik. Salah satu krisis yang terjadi pada tahun 2022 adalah perang Rusia-Ukraina yang berdampak pada pasar saham, termasuk pada saham syariah yang dipercaya lebih tahan terhadap guncangan krisis global. Penelitian ini bertujuan untuk meneliti perkembangan, integrasi dan respon lima pasar saham syariah negara OKI pada perang Rusia-Ukraina. Metode yang digunakan adalah VAR/VECM pada indeks DJIMMT25, SPSADS, SPSUAEDS, JII, DJIMT, SPBMIR, dan SPBMIU. Hasil penelitian menunjukkan pergerakan yang sama pada pasar saham UAE dan Arab Saudi, sedangkan Turki mengalami tren positif selama perang. Pasar saham syariah negara OKI selama periode perang Rusia-Ukraina terkointegrasi, sementara pasar saham Malaysia memengaruhi pasar saham syariah empat negara OKI lainnya. Hasil IRF menunjukkan terdapat efek permanen pada volatilitas pasar saham syariah negara OKI akibat guncangan yang diberikan. Namun, respon volatilitas relatif kecil karena kontribusi guncangan lebih didominasi oleh pasar saham itu sendiri, An integrated stock market has negative impacts, such as accelerating co-movement, which is vulnerable to economic shocks and global market crises on the domestic market. One of the crises in 2022 was the Russia-Ukraine war which impacted the stock market, including Sharia stocks which were believed to be more resistant to the shocks of the global crisis. This study examines the development, integration, and response of OIC countries five Islamic stock markets in the Russia-Ukraine war. The method used is VAR/VECM on the DJIMMT25, SPSADS, SPSUUAEDS, JII, DJIMT, SPBMIR, and SPBMIU indices. The results show the same movement in the UAE and Saudi Arabia stock markets, while Turkey experienced a positive trend during the war. The Islamic stock market of the OIC countries during the Russia-Ukraine war was cointegrated. In contrast, the Malaysian stock market influenced the Islamic stock markets of the other four OIC countries. The IRF results show a permanent effect on the volatility of the Islamic stock market in OKI countries due to the shocks given. However, the volatility response is relatively small because the stock market itself dominates the contribution of shocks.
Keyword: co-movement, OIC, Rusia-Ukraine war, sharia stock market integration