Abstract. R. Drnovšek, D. Kokol-Bukovšek, L. Livshits, G. MacDonald, M. Omladič, and H. Radjavi constructed an irreducible set of positive nilpotent operators on L p [0, 1) which is closed under multiplication, addition and multiplication by positive real scalars with the property that any finite subset is ideal-triangularizable. In this paper we prove the following:(1) every algebra of nilpotent operators which is generated by a set of positive operators on a Banach lattice is ideal-triangularizable whenever the nilpotency index of its operators is bounded; (2) every finite subset of an algebra of nilpotent operators which is generated by a set of positive operators on a Banach lattice is ideal-triangularizable.