Thursday, April 25, 2013

Sappi NA Completes Planned Capital Investments

Sappi Fine Paper North America today announced the most recent completion of a series of coated paper capital investment projects during its 2013 fiscal year, a significant move by the company to maintain and strengthen its leadership position and take advantage of growth opportunities in the coated paper market... 
The Cloquet Mill in Cloquet, Minnesota, has completed a $19M investment in its coated papermaking operations which includes a dry fiber handling system as well as new refiners and former upgrade on PM4. The former rebuild implemented on PM4 allows for all grades and weights to be manufactured with the technical capability of using dry fiber to produce the same base sheet formation and quality as slush fiber... 
At Sappi's Somerset Mill, in Skowhegan, Maine the rebuild of PM3 was completed successfully in October 2012. The $13M investment to upgrade coated paper manufacturing surpassed speed, production, and variable cost goals while achieving all of the formation and quality improvements outlined in the project plan. The implemented improvements on PM3 now allow for the production of a broader range of products on this machine.