thurso
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 [...]
Solidarity Fund QFL Helps Reopen Thurso Pulp Mill and 290 Jobs Will be Recalled
MONTREAL – With a $15 million investment, the Solidarity Fund QFL (the “Fund”) is playing an active role in the re-opening of the pulp mill in Thurso, in the Outaouais region. The project is part of an acquisition of the old Fraser Paper mill, which shut down in June 2009, by Fortress Specialty Cellulose Inc., [...]
$18M infusion for Thurso pulp mill
The Thurso pulp mill is hoping for a second life with the approval by Hydro-Québec of a cogration project using wood waste to produce electricity for the state-owned utility. Vancouver’s Fortress Paper Inc. will invest just $18 million of its own money for the $153 million conversion of the mothballed Thurso pulp mill near Gatineau, Que., [...]
Rayon is Fortress’s True Story
Most investors cringe and run when they learn that the company they’ve invested in is abruptly changing course. That explains why Fortress Paper shares were bruised last Friday, after the company announced that it was buying a pulp mill from a bankrupt operator in Quebec. Fortress is a smart little company that literally makes money. [...]
What Is Rayon?
This week, Vancouver-based paper maker Fortress Paper announced a new venture (read “Fortress Paper Announces An Acquisition To Enter The Specialty Cellulose and Bio Energy Sectors”) acquiring a mill in Thurso, Quebec with the intention of transforming wood pulp into specialty cellulose. Derived from dissolving wood pulp to its organic core, specialty cellulose is a [...]
