NEWS

Fortress Paper completes the sale of Lebel-sur-Quévillon pulp mill and sawmill assets

Thursday, Jul 28, 2016

Fortress Paper's wholly owned subsidiaries, Fortress Global Cellulose Ltd. and Fortress Lumber Corp., have closed the asset purchase agreement entered into with LSQ Energy, L.P. and LSQ Development, L.P., as the company said in the press release received by Lesprom Network.

The asset purchase agreement provides for the sale of all of the assets relating to the non-operating pulp mill and sawmill, as well as the cogeneration facility, located in Lebel-sur-Quévillon, Québec.

Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products.

 

Source : lesprom.com

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