Archive for October, 2010
Filed under: Earnings Call
Fortress Paper to Release Third Quarter 2010 Earnings
by Trevor J. Murphy on Oct 27th, 2010
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 the market on Monday, November 8th, 2010. In connection ...
Filed under: Cogeneration
Cogeneration Provides Energy Efficiency
by Trevor J. Murphy on Oct 22nd, 2010
From contributing to a more environmentally-friendly energy economy, to saving company’s money by using in-house energy, to generating revenues by selling off excess energy, co-generation has undoubted benefits for pulp mills around the world. A new article in Biomass Power & Thermal adds a new benefit to the pot: energy efficiency. “The ability to produce electricity on-site rather than being reliant on the grid not only provides...
Filed under: Dissolving Pulp
Diversity The Key To Forestry Sector’s Success
by Trevor J. Murphy on Oct 20th, 2010
With the Canadian forestry sector in decline, pulp mills are feeling the pangs of an industry that is seeing some of its biggest outputs – such as newsprint – fall to the wayside. But all hope is not lost, says Thomas Beckley, a professor at the University of New Brunswick’s Faculty of Forestry and Environmental Management. The key to a modern successful forestry sector is diversity, he says. “There is strength and resilience in di...
Filed under: Thurso Pulp Mill
PHOTOS: Dissolving Pulp Equipment Arrives in Thurso
by Trevor J. Murphy on Oct 19th, 2010
This week, barges carrying more than 100 tonnes of Finnish-made equipment turned heads as they floated up the Ottawa River on their way to Thurso, Quebec. The barges – which are transporting digesters – left Finland in early August and going to be installed at the Thurso mill over the coming months and are the first major steps taken to convert the mill from a kraft pulp producer to a dissolving pulp producer. The full conversion is exp...
Filed under: Dissolving Pulp
Fortress Signs Dissolving Pulp Supply Agreements with Viscose Fiber producers in China
by Trevor J. Murphy on Oct 6th, 2010
With their Thurso pulp mill in the midst of being converted to a dissolving pulp producer, Fortress Paper Ltd CEO Chadwick Wasilenkoff traveled to China last month to meet with potential buyers of their soon-to-be available new product. The region, he said, was a prime market for the dissolving pulp – a product used in the textile industry for the creation of rayon. “The largest viscose producers (in the world) are expanding their capacit...
Filed under: Fortress Specialty Cellulose Inc.
Fortress Paper Enters Into Dissolving Pulp Supply Agreements
by Trevor J. Murphy on Oct 4th, 2010
Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce that it has, through a wholly-owned subsidiary, entered into dissolving pulp supply agreements with two producers of viscose fibre (rayon) products located in China, for the delivery of an aggregate of approximately 84,000 air dried metric tonnes ("ADMT") of dissolving pulp per annum at a purchase price based on prevailing market prices in China, subject to a...