Fortress Global Enterprises Inc - Class A FTPLF

Biorefinery... (Next Revenue Stream)

[Nighthawk40]

The industry now is “more of a biorefiner,” Wasilenkoff said. “We’re taking the wood, we’re breaking it down to the molecular level and extracting as many products as we can to get as much value out of that wood as possible.”

Wasilenkoff also spoke about the Bio-Pathways project – a government sponsored initiative to further research and development in the sector – as well as his own company’s plans for the future with their dissolving pulp mill located in Thurso, Quebec.

After the co-generation project, biorefiney will be the next revenue stream for FTP (2013). The LSQ Mill will subsequently double this income stream in approximately 3 years.