Monday, December 19, 2011

Sappi Reports Major NA Investment

Sappi Limited announces major investment in North American operations: Sappi Limited announced 11/10/2011 the approval of a US$170 million capital project to convert the kraft pulp mill in Cloquet, Minnesota to chemical cellulose used in textile and consumer goods markets and approved capital plans that call for a US$13 million project to upgrade coated paper manufacturing at the Sappi Somerset Mill in Skowhegan, Maine.