Fortress Paper Ltd.

With the recent acquisition of a pulp mill in Lebel-sur-Quévillon, Fortress Paper will add a second dissolving pulp facility to its production line. The mill was previously owned by Domtar but had been closed since 2005. The Northern Québec town has a long history of pulp and paper manufacturing. In fact, it was founded in the mid 1940s by loggers who arrived in the remote area to send logs down the Bell River. The industry really began to...

January 31, 2012 conference call replay - playback on demand dial in number: 1-855-201-2300 Conference Reference Number: 764917 # Conference Pass code: 98030 #  (The Phone number on news release is incorrect) Today, Fortress Paper Ltd.  announced that it has, through its wholly owned subsidiary, Fortress Global Cellulose Ltd. ("Fortress Global"), signed an asset purchase agreement (the "APA")with 9109-3294 Quebec Inc., a wholly owned subsi...

When Fortress Specialty Cellulose (FSC) re-started the mill at the site in Thurso, Quebec, they couldn’t just jump into the dissolving pulp game. Since deriving dissolving pulp (or specialty cellulose) entails different pulping processes, equipment upgrades, and general production line changes had to be implemented first. In the meantime, FSC has restarted the mill as a northern bleached hardwood kraft (NBHK) pulp mill, resuming operations 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...

Last week, Fortress Specialty Cellulose Inc. (FSC) signed an agreement with Forevergreen Energy Inc. to supply recovered energy to the mill in Thurso, Quebec. Recovered energy is energy that is harnessed from hot streams with potential high energy content, such as hot flue gases, steam from cooling towers, or even waste water from different cooling processes. In the case of the Thurso mill, energy gathered from recovery boilers used during the...

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...

When life deals you pulp, you make cellulose. Learn how to recognize business opportunities, then reach out and grab them. Any business needs a coherent strategy if it hopes to succeed. However, in a climate where marketplace and financial changes are becoming ever more rapid, clinging mindlessly to a strategy can be a recipe for disaster. Simply put, companies today must be more agile in their thinking to take advantage of business opportunit...