Home / Knowledge / News / Textiles / Quebec mill ventures in to rising rayon market
Quebec mill ventures in to rising rayon market
Jul '10
Quebec-based town Thurso's attempt at reviving its economy is in the real sense, arriving in the form of shipments through the Ottawa River. The town's first delivery of heavy industrial equipment from Finland is scheduled for arrival next month.

These equipments, as heard, will be utilised in transforming Thurso's hardwood pulp mill in to a plant that produces a key ingredient, which can be used to manufacture rayon, a fibre in vast demand in Asia and around the globe.

Fortress Paper Incorporation from Vancouver has purchased three digesters and other special processing equipments from Stora Enso Oyi Cellulose Incorporation based in Finland. This purchase was made as part of its daring move to convert Thurso mill from pulp used to create paper, which is a falling market, to dissolving pulp, which is used to manufacture rayon, a product in vast demand and bright future.

Chadwick Wasilenkoff, Chairman and CEO of Fortress, is the brain behind this strategic move, as he always hunts for opportunities in ignored or depressed sectors. Explaining is new move; Wasilenkoff said that, there wasn't enough dissolving pulp in the market, to meet with the increasing demand for rayon.

Rayon is slowly turning in to an alternative for cotton, as it bears similar characteristics, but is more absorbent and breathable. More over, rayon is well-positioned owing to the falling supply of cotton, worldwide, as farmers are shifting to cheaper crops, averred Wasilenkoff.

Fortress will be investing $153 million for the mill makeover, which also includes establishment of a co-generation plant. Around $102.4 million will be provided by Investissement Quebec as loan and another $25 million or so is present in the federal credits and other financial incentives under the green infrastructure program.

Wasilenkoff, on his return from China, informed that, he was overjoyed by the rising demand, he witnessed, for dissolving pulp from rayon producers.

Thurso mill has around 300 people as employees and it is anticipated that it might produce 200,000 tons per year of dissolving pulp. Infact Wasilenkoff expects good profit margins, considering the spot price for the commodity in the $1,650 per ton bracket and the net production and delivery costs to come to around $600.

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search