Market: Packaging Paper & Board
Posted July 19, 2018
Verso Corporation will make strategic investments in its Androscoggin Mill in Jay, Maine, focused on technology upgrades that will increase the release liner paper capacity of its PM 4. Made over the next 18 months, these investments will better position Verso to meet the growing needs of pressure sensitive laminators worldwide.
"The Androscoggin Mill and its PM 4 have a rich history of manufacturing specialty products," said Verso's President of Graphic Papers Mike Weinhold. "When enhanced with these technology upgrades, the No. 4 paper machine's six-meter width, technical capabilities and fully integrated pulp platform will be particularly well suited to support the growing release liner market. Additionally, these investments advance Verso's strategy to reposition 100% of the Androscoggin Mill's production to serve specialty paper and packaging markets."
The investments will be spread across two project phases which include technology upgrades in pulping and refining systems, stock flow piping and paper winding capabilities. The first project phase is scheduled for completion in the 3Q 2018 with completion of the second project phase expected in 2019.
Verso Corporation is a leading North American producer of printing and specialty papers and pulp.