June 12, 2013 | ||||||||
Rick's Tips - Dryer Front Bearing Installation | ||||||||
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Sappi Fine Paper North America Continues Strong Record of Capital Investments in the Coated Paper Business (Editor's Note: Based on a SAPPI press release of April 25, 2013) Sappi Fine Paper North America has 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. While ongoing investment to keep paper production globally competitive has generally reduced in the marketplace, Sappi's commitment to excellence in high quality coated paper manufacturing continues to remain a top priority. These strategic investments allow Sappi to more efficiently manufacture its full grade and basis weight range of product with unmatched quality and flexibility into the future. CLOQUET MILL INVESTMENTS These coated paper investments are a part of the $170M capital investment project currently in progress at the Cloquet Mill that will convert the kraft pulp mill to production of dissolving pulp used in the textile and consumer goods markets, improving site profitability at Cloquet and ensuring global cost competitiveness. All paper produced at Cloquet carry both a Forest Stewardship Council (FSC) and Sustainable Forestry Initiative (SFI) chain of custody certification. The Cloquet Mill also continues to have one of the lowest carbon footprints in the industry with over 85 percent renewable energy. "We remain deeply committed to the coated paper market as well as to surpassing the expectations of our customers," said Rick Dwyer, Managing Director, Cloquet, Sappi Fine Paper North America. "Our investments in the production of high-end paper will allow Sappi to serve this market into the foreseeable future and enable more agility and efficiency within our papermaking process. We are making this strong commitment on the paper side of the business to ensure that quality paper continues to prove its value in publishing and advertising, especially when used strategically with digital counterparts." SOMERSET MILL INVESTMENTS ENHANCEMENTS TO PRODUCT LABELS CAPITAL INVESTMENTS ACROSS BUSINESS SECTORS Sappi Fine Paper North America is a preeminent North American producer of coated fine and release papers and market pulp headquartered in Boston, Massachusetts. The company is also the world's leading supplier of release papers for the automotive, fashion and engineered films industries, and the third largest seller of hardwood pulp in North America. Learn more about Sappi at: www.sappi.com/na.
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