Fortress Paper Ltd.

A pulp mill in Terrace Bay has found a new lease on life thanks to its new owner who intends to transform the facility into a dissolving pulp plant. Indian-owned Aditya Birla Group purchased the northwestern Ontario mill earlier this month through its Canadian subsidiary AV Group. The reported price of purchase for the idled mill was $110 million, according to Pulp and Paper Canada, though the company will invest nearly $250 million more to co...

A report issued by the US Department of Agriculture (USDA) predicts that India’s cotton output is likely to drop by over two million bales this year. "Cotton production is forecast to decrease by two million bales to 32.3 million bales as area is expected to drop by 10 per cent,” the USDA report said. India, the world's second biggest cotton grower, had produced a record 34.25 million bales in the 2011-12 marketing year. One bales conta...

A new report issued by the US Department of Agriculture (USDA) says more than one out of every 10 cotton acres in the country will be lost to other crops this year. The USDA’s “Prospective Planning” Report released March 30 forecasts cotton acreage to drop to 13.155 million acres, down 11 percent from last year’s total. The report also says products such as corn, soybeans, peanuts, and wheat will take hold of the acreage left behind by...

As a leading European innovator biotechnology, Finland is putting a large amount of resources into research and development in order to move the country in the direction of a bioeconomy. A recent article published by Lab Product News provides several examples of this new Finnish initiative. A non-profit group named the VTT Technical Research Centre of Finland is one of the groups at the helm of the new movement. One of the biggest changes t...