Monday, September 10, 2012

Norske Invests in Conversion to Coated Grades

Norske Skog invests AUD 84 millions in Australia
 Norske Skog will convert a machine at the Boyer mill in Australia to the production of coated grades, and close one newsprint machine at the Tasman mill in New Zealand.
Norske is investing invest AUD 84 million in the project. The Australian government is providing substantial funding.
The machine conversion project will be done over the next two years and will enable the production of coated grades among other things suitable for catalogues.