EBITDA loss of $3.7 million for the Dissolving Pulp Segment for the quarter ended December 31, 2014 was $2.5 million greater, primarily due to the eight day annual maintenance shut-down and operational challenges in the lime kiln and re-caust areas, when compared to the third quarter of 2014 EBITDA loss of $1.2 million, and $7.1 million less compared to the 4Q 2013 EBITDA loss of $10.8 million.
The Company sold 40,966 air dried metric tonnes ("ADMT") of dissolving pulp and 6,009 ADMT of northern bleached hardwood kraft pulp in the 4Q 2014. Although the dissolving pulp market conditions continue to be challenging, production efficiencies and cash costs continue to see improvements relative to the prior year comparative periods.
Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products.
