Fortress Paper Ltd.

Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce today that it has closed the acquisition of the pulp mill assets located at Lebel-sur-Quevillon, Quebec (the "LSQ Mill") previously announced on June 14, 2012. The collective agreements with the unionized employees of the LSQ Mill have been ratified, the documents held in escrow have been released and the acquisition has now completed. Source: Fortress Pap...

Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX:FTP) is pleased to announce that through its wholly owned subsidiary, Fortress Global Cellulose Ltd. ("Fortress Global"), it has successfully closed, in escrow, the asset purchase agreement ("Purchase Agreement") previously entered into with 9109-3294 Quebec Inc. ("9109"), a wholly owned subsidiary of the Québec Ministere du Developpement Economique, de l'Innovation et de l'Exporta...

Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX:FTP) announces that the parties to the purchase agreement for the previously announced acquisition of the non-operating pulp mill located at Lebel-sur-Quevillon, Quebec from Domtar Inc. have agreed to an extension to the closing date. Fortress Paper continues to work diligently with the other parties to satisfy all the conditions precedent to closing, and the transaction is expected...

Japan’s recent and ongoing tragic are impacting a variety of industries, including the niche Specialty Cellulose market. Specialty cellulose is used for a number of applications including consumer electronics.  Electronics makers such as Sony and Toshiba, have had to close down their plants due to the tsunami, earthquakes, power outages. Japan’s crisis has impacted ultra-purified wood cellulose producers for specialty a...

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...

Chadwick Wasilenkoff, CEO and Director of Fortress Paper has been nominated by Ernst & Young for Entrepreneur Of The Year 2010. The firm recognizes high-achieving entrepreneurs who make a difference in the global economy Canada's most successful entrepreneurs improve the quality of life for people across the globe. "This year's exceptional Pacific finalists all share a commitment to innovation, an inherent ability to spot opportunities and...

An interview with Chadwick Wasilenkoff, Chairman, Chief Executive Officer, and Director, Fortress Paper Ltd. Editors’ Note: As Fortress Paper’s Chairman, Chief Executive Officer, and Director, Chad Wasilenkoff oversees the company’s production of security and other specialty papers. Most recently, Wasilenkoff was the Chief Executive Officer and Director of Titan Uranium Exploration Inc. from July 2004 to July 2006 and an independent pri...

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 looked upon as sleepy. Yawning all the way to the bank While the pulp sector may appear quiet, the market players are "yaw...

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 agreed to purchase, on a bought deal basis, ...

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 Specialty has added Pierre...