Market: Packaging Paper & Board
16 November, 20:56
WestRock Company announced a planned investment in its Florence, South Carolina kraft linerboard mill. The $410 million investment over two years will include installing a 330” state-of-the-art kraft linerboard machine and related infrastructure that will replace three older, narrow-width paper machines.
The company expects the new machine to produce 710,000 tons of kraft linerboard annually. In addition, the company plans to invest approximately $60 million over the next five years to support the new machine and other mill projects.
When coupled with the recently completed modern woodyard, the Florence mill will become one of the lowest cost kraft linerboard mills in North America.
The new linerboard machine will be housed in a building adjacent to the existing complex, and the company expects production on the new linerboard machine and the shutdown of the three existing machines to occur in the first half of calendar 2020.
WestRock Company is a leading provider of differentiated paper and packaging solutions.