Thurso Mill
RISI: “Pulp Growth Ain’t Pulp Fiction – Embracing New Opportunities”
While “pulp fiction” may resonate with the hearts and minds of people, the wood pulp business sector sometimes results in a “hollow” response. While readers would not be able to turn the pages of their pulp fiction books or enjoy their cotton and rayon clothing without their wood pulp brethren, the pulp sector is often [...]
Pulp and Paper Canada: “Thurso’s Future Secure with Fortress”
There’s a new kid on the block and he’s playing by a different set of rules. Brimming with confidence, enthusiasm, and steadfast resolution to succeed, Fortress Paper offers a fresh perspective for Canada’s pulp and paper sector. With its recent acquisition of the idled Thurso pulp mill located in the Outaouais region of western Quebec, [...]
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 [...]
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, [...]
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 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 following [...]
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 [...]
Fortress Paper Announces an Acquisition to Enter the Specialty Cellulose and Bio-Energy Sectors
Fortress Paper Ltd. (“Fortress Paper” or the “Corporation”) (TSX:FTP), a leading producer of security and specialty papers, in a major strategic move today announces the signing of an asset purchase agreement (“APA”) to acquire the assets of a northern bleached hardwood kraft (“NBHK”) manufacturing facility located in Thurso, Quebec (the “Thurso Mill”) from Fraser Papers [...]
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