Fortress Paper's Durasafe Confirmed for New Swiss Franc Series
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Fortress Paper Ltd., Vancouver, B.C., Canada, this week reported that its Durasafe® banknote paper produced at the company’s Landqart Mill in Switzerland has been confirmed as the substrate of the ninth series of the Swiss Franc by the Swiss National Bank (SNB). Durasafe is a 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. The polymer core in Durasafe adds stability and higher mechanical strength properties to banknotes as well as high security features. The substrate's properties allow windows to be formed virtually anywhere on the banknote and can contain a watermark and security fibers as well as traditional security features, including easy-to-recognize banknote paper tactility.
Chadwick Wasilenkoff, CEO of Fortress Paper, said that "after several years of development, we are pleased to have Durasafe accepted as the substrate for the new Swiss Franc series. 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."