Fortress Paper Ltd. announced today that its Landqart Mill's Durasafe® banknote paper has been confirmed as the substrate of the ninth series of the Swiss Franc by the Swiss National Bank (SNB).
Durasafe is the innovative new 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, which according to Fortress, 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, including easy-to-recognise banknote paper tactility, the company added.
"After several years of development, we are pleased to have Durasafe accepted as the substrate for the new Swiss Franc series," said Chadwick Wasilenkoff, Chief Executive Officer of Fortress Paper. "The Swiss Franc is widely accepted as having one of the highest standards of banknote security features in the world and we believe this reference contract will enable us to further generate interest with state banks around the world."
Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products.
