Fortress Paper Ltd.

To read the Fortress Paper press release, please click here....

Fortress Paper Ltd. CEO Chad Wasilenkoff appeared on the Business News Network this week to talk about the resurgence of the Canadian forestry sector thanks to diversification of products and forward thinking attitudes in the industry. The forestry sector has “gone through a couple of challenging decades,” he said on Tuesday. “So we now need to change that sector and drive forth with new innovation and cutting edge technology to remain ...

by CHAD WASILENKOFF Push aside dated notions of our global forestry sector as dominated by lumberjacks focused solely on logging trees and processing the wood. Today’s forests are increasingly high-tech with employees skilled in biochemistry, genetics, computer modeling, satellite imagery, and digital processing. Today’s bio-economy is a dynamic global market that mirrors a paradigm shift to products that originate from natural renew...

CEO’s, senior executives, customers, suppliers, and government policy makers gathered in Vancouver, BC this week for the 24th Annual Global Forest & Paper Industry Conference. Hosted by PricewaterhouseCoopers (PwC), the conference is an opportunity for members of the industry from many different sectors to come together to discuss current markets, emerging trends, and the outlook for the global industry. This year’s conference put a stron...

 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 ...

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...

Chad Wasilenkoff of the thriving North Vancouver company Fortress Paper was named Entrepreneur of the Year on Tuesday by Ernst & Young. The 38-year-old Fortress board chair and CEO started the company in 2006 with a focus on international specialty and security products — including paper stock for currency and passports — and has seen sales grow to more than $200 million a year. Share prices for the TSX-traded company have increased abo...

Domtar-Eddy, AbitibiBowater, and Smurfit-Stone are among some of the paper mills recently shut down along the Ottawa River, a region that has been known for almost 150 years as Canada’s home for the forestry industry. Many mills that have closed (or are currently in danger of closing) are feeling the effects of a dying newsprint industry. “The relentless march of the Internet into every corner of human communications is destroying deman...

Driven by the imperatives of globalized economics and digital technology, Ottawa's pulp-and-paper heritage has been reduced to a remnant. The forestry industry that built the Ottawa-Gatineau economy appears to be on its last legs. Hammered by the Internet's growing grip on personal communications, the rich Canadian dollar and intense competition, the forestry industry continues to slash operations in the hopes of finding a smaller, profitab...

One of the main products created from dissolved pulp is rayon. While rayon is predominately used in the textile industry to make silk-like clothing, it is also used for plastic products such as cellophane and film. Aside from these products, however, rayon filament is also used in a product many of us use every single day: tires. Using rayon in tires is not a new development. Prior to “the nylon revolution” (the period when tire manufac...