Verso Restarts Repurposed Paper Machine in Jay, Maine
In February 2018, Verso announced plans to upgrade and restart the No. 3 paper machine at the Androscoggin Mill in Jay, Maine, in the third quarter of 2018. The converted machine is expected to produce about 200,000 tons per year of kraft linerboard.
Sept. 6, 2018 (Recycling Today) - Miamisburg, Ohio-based Verso Corp. has restarted the No. 3 paper machine at its mill in Jay, Maine, after converting it from coated printing and writing paper output to kraft linerboard.
In comments accompanying its second quarter of 2018 financial results, Verso CEO Chris DiSantis refers to “low-cost conversion strategies, including the on-schedule restart of the No. 3 paper machine at the Androscoggin Mill [in Jay, Maine].”
An analysis by Boston-based forest products information company RISI pegs the Verso conversion as costing just $19 million, a fraction of the cost of some other North American mill conversion projects, which have ranged from $30 million to more than $300 million to undertake.
The No. 3 paper machine is expected to produce about 200,000 tons per year of linerboard, according to DiSantis.
In Verso's second quarter conference call, as reported by RISI, DiSantis said the lower cost was attributable to “an excellent machine that had a very good backend [system].” He added, “From a technical standpoint, making graphic paper products is technically more difficult than making linerboard.”
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SOURCE: Recycling Today
See related story on PaperAge.com:
» Verso Plans to Upgrade/Restart Pulp Line and No. 3 Paper Machine at Androscoggin Mill in Maine - Feb. 16, 2018.