VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/30/13 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) is pleased to announce that it has successfully completed the sale of the Dresden Mill to Glatfelter Gernsbach GmbH & Co. KG, a subsidiary of P.H. Glatfelter Co., previously announced on March 13, 2013. The purchase price for the sale was EUR160 million (approximately CDN$212 million), subject to a post-closing working capital adjustment.With th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/13/13 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) is pleased to announce that it and its wholly owned subsidiary, Fortress Security Papers AG ("FSP"), have entered into a share purchase agreement (the "Share Purchase Agreement") with Glatfelter Gernsbach GmbH & Co. KG ("Glatfelter Gernsbach") and its parent, P.H. Glatfelter Co. ("Glatfelter"), pursuant to
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/18/13 — Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX: FTP) is pleased to announce the appointment of Yvon Pelletier as President of its dissolving pulp business, effective February 25, 2013.Mr. Pelletier has over 30 years of experience in the pulp and paper industry and has held leadership roles in technical, operational, and commercial areas. Prior to joining the Fortress group, Mr. Pelletier was the Ex
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/13 — Fortress Paper Ltd. ("Fortress" or the "Company") (TSX: FTP) announces that the cogeneration project at its Fortress Specialty Cellulose Mill is nearing completion, with engineering and procurement completed and overall construction progress continuing and currently at approximately 94%. However, commissioning and start-up activities have incurred delays as a result of various factors, including unforeseen piping re
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/06/12 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) announces that its board of directors has adopted a shareholder rights plan (the "Rights Plan").The Rights Plan has been adopted to ensure, to the extent possible, that all shareholders of the Company are treated fairly and equally in connection with any take-over bid or other acquisition of control of the Company and that the Company-s boa
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/18/12 — Fortress Paper Ltd. (TSX: FTP) ("Fortress Paper" or the "Company") is pleased to announce today the appointment of Joe Nemeth to the Board of Directors of the Company.Mr. Nemeth has over 25 years of experience in the pulp and paper industry. Most recently, Mr. Nemeth held the position of President and Chief Executive Officer of Canfor Pulp Holding Inc., the general partner of Canfor Pulp Limited Partnership, having
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/01/12 — Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX: FTP) announced today that it has signed, through its wholly-owned subsidiary, Fortress Global Cellulose Ltd. ("Fortress Global"), an electricity supply agreement with Hydro Quebec for the sale of green electricity to be produced at the Fortress Global Cellulose Mill-s cogeneration facility upon its re-start. The agreement was entered into in
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/07/12 — Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX: FTP), is pleased to announce that its wholly-owned subsidiary, Landqart AG, has entered into an asset purchase agreement with a leading Swiss utility company for the sale of its hydropower assets and associated real estate. In order to maintain the supply of its operational power requirements, Landqart AG has concurrently entered into a long term powe
