By Fortress Paper …..
Fortress Paper Ltd. is pleased to announce that the National Bank of Kazakhstan will
issue the 20,000 Tenge note as legal tender in Kazakhstan commencing December 1, 2015. Fortress Paper is the proud supplier of the Durasafe® high performance banknote substrate used for this note, manufactured at its Landqart Mill in Switzerland.
Yvon Pelletier, Chief Executive Officer of Fortress Paper, commented:
“The National Bank of Kazakhstan’s decision to issue the 20,000 Tenge note on Durasafe® for use as legal tender further validates the commercial viability of the substrate. We believe that the commercial release of Durasafe® notes in Kazakhstan will create further interest for the banknote substrate from other national banks worldwide.”
Durasafe® is an innovative composite paper-polymer-paper banknote substrate developed by the company’s Swiss security paper manufacturer, Landqart AG, in cooperation with the Swiss Federal Institute of Technology (ETH) Zürich.
Durasafe® is composed of two cotton paper outer layers with a fully transparent polymer core. The polymer core in Durasafe® adds stability and higher mechanical strength properties to banknotes as well as high security features. The substrate’s unique properties allow windows to be formed virtually anywhere on the banknote and can contain a watermark and security fibres as well as traditional security features, and maintains the easy to recognise tactility of banknote paper.
About Fortress Paper
Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products. The Company operates its dissolving pulp business at the FSC mill located in Canada, which has expanded into the renewable energy generation sector with the construction of a cogeneration facility. The Company operates its security paper products business at the Landqart Mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers.
For more information, please contact:
Fortress Paper Ltd.
(604) 904-2328 or [email protected]