Major Expenditures

The construction work on the new warehouse is expected to start at the end of 2023, to be put into operation in the summer of 2025.

Cascades, a leader in the recovery and manufacturing of green packaging and hygiene products, is pleased to announce that it has purchased a new printing press at its Piscataway, New Jersey, corrugated packaging converting facility.

The paperboard mill in Waco, Texas will follow the opening early last year of a similar plant in Kalamazoo, Mich., which was the first new coated-recycled paperboard line to be built in the U.S. in decades. Construction is expected to begin later this quarter and start-up is slated for late 2025.

The mill produces high quality tissue products and the current capacity will be doubled to approximately 145,000 t/a.

Kruger Packaging announced investments of over $30 million to modernize its Place Turcot Containerboard Mill in Montréal. With this important transformation to be completed in 2025, the Place Turcot facility will be the first in North America to manufacture 100% recycled saturating kraft board, a product that is used to make high-pressure laminates for furniture, countertops and decorative paneling.

Procter & Gamble (P&G) will invest $400 million and bring at least 100 new jobs to rural Utah over the next 20 years.

Domtar's Kingsport Mill recently produced its first 100% recycled containerboard. The milestone marks the culmination of a two-year, $350 million investment project to convert the former uncoated freesheet paper mill into Domtar's first 100% recycled packaging facility.

International Paper has announced formal plans to invest approximately $103 million to build and operate two natural gas power boilers to generate steam for its Containerboard Mill in Cedar Rapids, Iowa. Construction is set to begin in the second quarter of this year and be fully operational by the end of 2025.

The $50 million in upgrades include restarting the mill's C2 paper machine, which will now produce new water-resistant paper grades that are intended to replace single-use plastic products.

Start-up is expected in the first half of 2024.

The roughly $200 million in state tax dollars earmarked for the Escanaba Mill will supplement a $1.06 billion investment by Swedish parent company Billerud to expand paper product production at the mill. The project would help the mill retain nearly 1,200 jobs at the 2,000-acre site in Wells and Escanaba townships in Delta County.

International Paper intends to build a new 20,000-square-foot building at the Cedar Rapids mill that would be home to a boiler and water treatment plant. Together, they would provide steam power to the Cedar Rapids facility. Previously, the plant used the coal-powered Prairie Creek Station. However, that facility is being closed.

Progroup has invested around Euro 72 million in the project at the site, which covers around 28,000 square metres, and created 50 new jobs.

Billerud, who took over the mill last year, plans to transform the mill, which has struggled with years of declining profits, into a state-of-the-art, high-end packaging manufacturer. Billerud's Vice President of Technical Services, Michael Glodowski sees their new product line as a way to maintain profitability for decades to come.

PT. Riau Andalan Pulp and Paper ("PT. RAPP"), the operating arm of the leading sustainable fibre and product producer Asia Pacific Resources International Limited ("APRIL"), a member of the Singapore-headquartered Royal Golden Eagle (RGE) group of companies founded by Sukanto Tanoto, has received an award for the largest foreign investment in the Riau Province in Indonesia, for the January to September period in 2022.

Georgia-Pacific is set to invest over hundreds of millions of dollars.

Stora Enso is investing Euro 38 million in unbleached kraft pulp (UKP) production at its Enocell site in Finland and Euro 42 million in fluff pulp production improvement at its Skutskär site in Sweden. These investments will support the growing consumer demand for non-bleached renewable packaging materials and hygiene products respectively.

Felix Schoeller Group plans to invest more than $100 million in expanding its capacity in North America by 2025. Starting in 2023, capacities at the company's sites in the USA and Canada will be significantly expanded in three steps.

Billerud, a Swedish paper and pulp manufacturer, is eyeing the Escanaba Mill to upgrade from producing paper to making an advanced paper product known as paperboard or cartonboard.

A new recycled paper mill will be established in Khalifa Economic Zones Abu Dhabi (KEZAD) in a move to support the UAE circular economy.

The Arizona Commerce Authority announced that Procter & Gamble (P&G), a global consumer goods leader with a diverse portfolio of trusted, quality brands, plans to build a new manufacturing facility in Coolidge, Arizona. The facility will support P&G's fabric care portfolio, which includes products such as Tide PODS®, Downy Unstopables® and Bounce® Dryer Sheets. The new facility is expected to be operational by 2025, creating approximately 500 new jobs.

Pratt Industries executive chairman, Anthony Pratt, has pledged to invest $5 billion in U.S. recycling and clean energy infrastructure to create 5000 American manufacturing jobs over the next 10 years.

Rengo Co., Ltd. announces that it has begun construction of its Ehime Toon Plant in Ehime Prefecture, Japan.

The investments of more than Euro 20 million announced last year further highlight Smurfit Kappa's expansion and commitment to investing in its Central and Eastern European operations.

With an investment of over US$10 million, the Innovability Hub will mainly consist of an advanced laboratory, an interactive experience center and various collaboration spaces.