Fortress Paper Ltd

This tag is associated with 31 posts

Future of Canada’s Forestry Sector is Renewable

by CHAD WASILENKOFF Push aside dated notions of our global forestry sector as dominated by lumberjacks focused solely on logging trees and processing the wood. Today’s forests are increasingly high-tech with employees skilled in biochemistry, genetics, computer modeling, satellite imagery, and digital processing. Today’s bio-economy is a dynamic global market that mirrors a paradigm shift […]

Fortress Paper to Release Third Quarter 2010 Earnings

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 26, 2010) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Fortress Paper Ltd. (TSX:FTP) (“Fortress Paper” or the “Corporation”) announced today that it intends to release its third quarter financial results for the period ended September 30th, 2010 after the close of […]

Estonia Launches Video Campaigns In Preparation of Adopting Euro

With less than 90 days to go before Estonia converts its currency to the euro, the country has launched a series of ad campaigns depicting the currency’s unifying elements in order to prepare citizens for the changeover. The videos – which can be viewed here – also educate the Estonian public about key security features […]

Fortress Paper’s Chad Wasilenkoff named Entrepreneur of the Year

Chad Wasilenkoff of the thriving North Vancouver company Fortress Paper was named Entrepreneur of the Year on Tuesday by Ernst & Young. The 38-year-old Fortress board chair and CEO started the company in 2006 with a focus on international specialty and security products — including paper stock for currency and passports — and has seen […]

Fortress Paper Announces $40.9 Million Closing of Bought Deal Offering

VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 7, 2010) – Fortress Paper Ltd. (“Fortress Paper” or the “Company”) (TSX:FTP) is pleased to announce that it has completed its previously announced bought deal offering (the “Offering”) of 1,739,000 common shares of the Company (the “Offered Shares”) at a price of $23.50 per Offered Share for gross proceeds of […]

BSP Redesigns Banknotes to Keep Up With Security Technology

In an effort to keep up to date with anti-counterfeiting technology and increasingly high-tech security features on banknotes around the world, the Bankgko Sentral ng Pilipinas (BSP) in the Phillipines announced this week that it will launch a new series of banknotes in December 2010. “We want to take advantage of these technologies,” BSP Monetary […]

India Switches Rs500 & 1,000 Notes To Blue Paper

After a significant “large-scale circulation of fake notes” throughout India over the past year, the Indian government has decided to begin printing Rs500 and Rs1,000 on special blue security paper to curtail counterfeiting in the region. Blue paper is made by combining cotton and linen fibre with a special dye that only glows under ultraviolet […]

Fortress Paper Announces $40,866,500 Bought Deal Offering

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 8, 2010) Fortress Paper Ltd. (“Fortress Paper” or the “Company”) (TSX:FTP), announces that it has entered into a financing agreement with a syndicate of underwriters led by Dundee Securities Corporation and including Jennings Capital Inc., Raymond James Ltd., and TD Securities Inc. (the “Underwriters”). Pursuant to the agreement, the Underwriters have […]

Fortress Paper Appoints Key Dissolving Pulp Managers for the Conversion of its Thurso Mill

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 3, 2010) – Fortress Paper Ltd. (TSX:FTP) (“Fortress Paper” or the “Corporation”) announces the following appointments at its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. (“Fortress Specialty”): Peter Vinall as President and Chief Executive Officer, Vincent Byrne as Vice President, Technical Development and Donald Deer as Projects Leader. In addition, Fortress […]

Canadian Business Magazine: “Counterfeiting Cat-and-Mouse”

Currency makers are fighting a constant battle to stay ahead of counterfeiters, and the bills in your wallet are the product of countless hours of R&D, combining some of the latest developments in chemistry, physics and material science. And with both Canada and the U.S. introducing new bills next year, they’re about to become a […]