Fortress Global Enterprises Inc. (“Fortress”) announced that its wholly-owned subsidiary, Fortress Xylitol Inc., has entered into a definitive contribution agreement with Natural Resources Canada (“NRCan”) whereby NRCan has committed $10 million in contribution funding to support the planned construction of a xylitol and complementary bioproducts demonstration plant at Fortress’ dissolving pulp mill in Thurso, Québec.
The plant is intended to demonstrate technology for the co-production of value-added and sustainable bioproducts that can help transform the mill into a biorefinery. The process is expected to validate performance and produce pre-commercial quantities of food-grade xylitol and complementary bioproducts for testing and use by customers.
“The demonstration plant project builds on the acquisition of S2G Biochemicals Inc. and the Company’s hemicellulose project at the Thurso mill,” stated Giovanni Iadeluca, President and CEO of Fortress.
Fortress operates its dissolving pulp business at the Fortress Specialty Cellulose Inc. mill located in Thurso, Québec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility.
