Graphic Packaging to construct mill in Texas

Atlanta-based Graphic Packaging Holding Co. has introduced plans to make an roughly $1 billion funding in a brand new coated recycled paperboard (CRB) mill to be positioned in or close to Waco, Texas.

Graphic Packaging says the mill “will assist rising demand and lengthen [our] place because the lowest-cost, highest-quality paperboard producer in North America.” The agency says the funding might be funded internally with working money circulate over the course of three years.

“We stay dedicated to our Imaginative and prescient 2025 targets and are happy with our progress so far,” Graphic Packaging President and CEO Michael Doss says. “Investments such because the CRB machine in Kalamazoo [Michigan] and different strategic initiatives are delivering actual returns for shareholders and high-quality packaging for shoppers.”

Capability expansions at present mills and additions to North America’s paperboard roster have been made constantly previously a number of years.

Among the many initiatives lately accomplished, underway or deliberate are a 685,000 tons per yr recycled-content board mill in Wisconsin by Inexperienced Bay Packaging; the conversion of a freesheet mill by Domtar to 1 that can produce 600,000 tons per yr packaging grades in Tennessee; the fourth recycled-content mill within the Pratt Industries portfolio is underneath building in Kentucky, with an estimated annual capability of 500,000 tons per yr; and updates to an Worldwide Paper containerboard mill in Iowa had been introduced earlier this yr.

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