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BörsenRadio Network AG: Interview with Fortress Paper President Alfonso Ciotola
This is the second part of an interview with BörsenRadio Network AG conducted on July 20th, 2010. Alfonso Ciotola is speaking about the company’s mill in Landqart, Switzerland which produces security and specialty papers such as banknotes. He is explaining what makes the “banknote of the future” so special and how this is supposed to [...]
BörsenRadio Network AG Radio: Interview with Dr. Alfonso Ciotola
Dr. Alfonso Ciotola, President of Fortress Paper Ltd. was interviewed last week by German radio channel BörsenRadio Network AG.
Why did you decide to produce non-woven wallpaper?
The trend in the wallpaper industry is obviously going from traditional wallpaper to non-woven wallpaper, because non-woven wallpaper has specific technological characteristics: high dimensional stability, good dry strippability, abrasive [...]
“Dramatic Increase” in Fake US Bills North of the Border
The RCMP Winnipeg Commercial Crime Section said last week they have seen a dramatic increase in the number of counterfeit US $100 banknotes being passed in Edmonton and surrounding areas.
The fake notes are very good quality, they reported, and contain security features that closely mimic those found in genuine notes.
Though the United States recently announced [...]
FORTRESS PAPER ANNOUNCES FIRST QUARTER 2010 RESULTS
VANCOUVER, British Columbia, May 11 2010 – Fortress Paper Ltd. (“Fortress Paper” or the “Company”) (TSX:FTP) reported adjusted net income of $3.0 million for the first quarter of 2010 on sales of $50.3 million or adjusted earnings per share of $0.30. In the first quarter of 2009 the Company reported adjusted net income [...]
FORTRESS PAPER ANNOUNCES: PULP PURCHASE AND SALE AGREEMENT FOR FORTRESS SPECIALTY CELLULOSE
VANCOUVER, British Columbia, May 10 2010 – Fortress Paper Ltd. www.fortresspaper.com (“Fortress Paper” or the “Corporation”) (TSX:FTP) announces that its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. (“Fortress Specialty”) has entered into a pulp purchase and sale agreement (the “Agreement”) with International Forest Products Corp. (“IFP”) of Foxboro, Massachusetts.
Pursuant to the terms of the Agreement, IFP [...]
Fortress Paper Announces Convertible Debenture Financing
Fortress Paper Ltd. (“Fortress Paper” or the “Corporation”) today announces, further to its news release of March 18, 2010, the signing of a subscription agreement (the ”Subscription Agreement”) with Solidarity Fund QFL (the “Fund”) providing for the subscription of an unsecured convertible debenture of Fortress Paper (the “Debenture”) in the principal amount of $15 million maturing five years [...]
VIDEO: Chad Wasilenkoff Interviewed on First Business
First Business, a nationally syndicated television show, interviewed Fortress Paper CEO Chad Wasilenkoff. Learn why investors should pay attention to the specialty paper business and how Fortress Paper plans to power thousands of homes with a new green energy initiative.
CNN International Interviews Chad Wasilenkoff
Chad Wasilenkoff, Chief Executive of Fortress Paper, was featured in an interview with CNN International Correspondent Max Foster. The topic was currency and how Wasilenkoff is able to “make cash from cash” by understanding why a sector in decline can prove to be an attractive investment.
From Wood to Wearable: How Rayon is Made
With the recent acquisition of a near-bankrupt mill in Thurso, Quebec, Vancouver’s Fortress Paper announced its plans to convert the one time pulp mill into a world-class producer of specialty cellulose. Specialty cellulose (also known as dissolving pulp) is a product used in the textile industry to manufacture a silk-like fiber called Rayon typically used to make clothing.
So how exactly do [...]
Fortress Paper Gets Electronic Passport Contract
Fortress Paper Ltd (FTP.TO), a Canadian producer of security and specialty papers, on Thursday said it received a contract for electronic passports that will generate revenue of C$10 million over five years.
Fortress said it will make about 2.5 million electronic passports, enabled with radio frequency identification (RFID), which will contain the holder’s personal data and [...]
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