Fortress Paper Ltd
Pulp And Paper Canada: “Fraser Papers Exits Canadian Scene After Six Years”
TORONTO — Fraser Papers has completed the sale of its two Canadian mills, located at Thurso, Que. and Edmunston, N.B., in two separate transactions, leaving the insolvent paper company with no Canadian pulp and paper operations. The Thurso mill was sold to Fortress Paper. The Edmunston facility was sold as part of the specialty papers [...]
Pulp And Paper Canada: “Fortress Paper’s Thurso Mill Resumes Production Ahead of Schedule”
Fortress Specialty Cellulose Inc. began production and sale of NBHK pulp from the company’s mill in Thurso, Que., on May 28. The mill reopened May 1 after being shut down by its former owner in early 2009. Chad Wasilenkoff, CEO of parent company Fortress Paper Ltd., commented: “We are pleased that production has commenced ahead [...]
NBHK Pulp Production Begins at Fortress Paper’s Thurso Mill
VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 1, 2010) – Fortress Paper Ltd. (“Fortress Paper” or the “Corporation”) (TSX:FTP) announces that its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. (“Fortress Specialty”), commenced production and sale of NBHK pulp on May 28th. The mill reopened May 1st after being shut down by the former owner in early 2009. Chad [...]
NEW FEATURES: How Butterflies Could Help Protect Banknotes
While we often write about security devices that have already been introduced in banknotes, this week we launch the first part in a continuing series called “New Features” looking at features that are in development but have yet to be adopted by the industry. In the world of banknote security, anti-counterfeit technology has to be [...]
FORTRESS PAPER ANNOUNCES ENERGY SUPPLY AGREEMENT WITH HYDRO QUÉBEC FOR THE SALE OF GREEN POWER FROM ITS THURSO MILL
VANCOUVER, British Columbia, May 6, 2010 – Fortress Paper Ltd. (“Fortress Paper” or the “Corporation”) announced today that it has signed, through its wholly‑owned subsidiary, Fortress Specialty Cellulose Inc. (“FSC”), an Energy Supply Agreement (the “Agreement”) with Hydro Québec for the sale of green electricity to be produced at the Thurso Mill upon completion of [...]
FORTRESS PAPER CLOSES ACQUISITION TO ENTER THE SPECIALTY CELLULOSE AND BIO-ENERGY SECTORS AND THE ASSOCIATED FINANCING
VANCOUVER, British Columbia, April 30, 2010 – Fortress Paper Ltd. (“Fortress Paper” or the “Corporation”), a leading producer of security and specialty papers, is pleased to announce the successful completion of its acquisition of the assets of a northern bleached hardwood kraft (“NBHK”) manufacturing facility located in Thurso, Quebec (the “Thurso Mill”) from Fraser Papers [...]
FORTRESS PAPER TO RELEASE FIRST QUARTER 2010 EARNINGS
Vancouver, British Columbia, April 27th, 2010 – Fortress Paper Ltd. (“Fortress Paper” or the ”Corporation”) announced today that it intends to release its first quarter financial results for the period ended March 31, 2010 after the close of the market on Tuesday, May 11th, 2010. In connection with the release of its results, Fortress Paper will host a [...]
What are RFID Chips?
Over the past few years, radio-frequency identification (RFID) chips have become a staple in information storage and protection. Generally used for tracking particular products in a retail environment, for automatic electronic payments, and for animal identification on large farms, RFID technology has been brought to the attention of the public over the past few years [...]
Fortress Paper Announces Record Fourth Quarter 2009 Results
Fortress Paper Ltd. (TSX: FTP.TO) (“Fortress Paper” or the “Company”) reported net income of $3.7 million for the fourth quarter of 2009 on sales of $51.0 million or diluted earnings per share of $0.35. For the fourth quarter of 2008 the Company reported net income of $2.8 million on sales of $46.3 million or basic [...]
Jennings Capital Raises Fortress Paper Target
Russell Stanley, analyst at Jennings Capital Inc. rates Fortress a “buy,” and has raised his one-year target to $22 a share from $14.50. Fortress Paper Ltd., which makes security and other specialty papers, with mills in Switzerland and Germany expects to have sufficient financing to complete the rebuild of its PMI machine, which is the [...]
