Major Expenditures

In November last year, Oji Fibre Solutions (OjiFS) announced it would be investing over $100 million to develop a new fit-for-purpose corrugated cardboard packaging facility in Christchurch, New Zealand. All the behind the scenes work is done and entering the building construction phase.

Georgia-Pacific (GP) is building a state-of-the-art gypsum wallboard production facility near Sweetwater, Texas. The new $285 million plant will be located adjacent to GP's existing gypsum plant, and will incorporate state-of-the-art production processes.

With a $180 million investment, Graphic Packaging has consolidated two facilities and three offsite warehouses into one of the most productive and largest folding carton operations in the world.

Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT) at its Ždírec sawmill in the Czech Republic. The investment will further enhance Stora Enso's position as a global provider of high-quality engineered wooden elements and as a market leader in CLT.

PaperWorks is increasing its production capacity and capabilities, investing in new technology innovation and platforms in the Greensboro, North Carolina facility. The state-of-the-art equipment and new technology platforms will integrate well with PaperWorks' highly-efficient business model by offering the most sophisticated automation geared towards in-line innovation and full-quality control.

Green Bay Packaging (GBP) is set to begin construction Sept. 1 on the "super plant," which is scheduled to begin operation in October 2021.

Packaging Corporation of America may spend up to $170 million to move from South 21st Street in Newark, Ohio to build a new, larger facility on a Thornwood Drive site once considered for an ethanol plant.

UPM has begun the construction of its third nursery in Uruguay, located in Central Uruguay, about 10 kilometers from Sarandí del Yí, Durazno. The investment is approximately $25 million.

Mondi Syktyvkar has completes a major step in the modernisation of its state of the art power plant, with a capital investment of around Euro135 million.

As part of a large-scale investment program, Ilim Group is finalizing its environmental project worth $91 million that involves construction of a new Evaporation Plant (EVAP 8) with the highest capacity in Russia at Ilim's Mill in Bratsk, Russia.

A $125 million recycled paper pulp mill in Pennsylvania will source more than 500,000 tons per year of mixed paper and OCC. The facility will ship its product to China.

Mondi has successfully completed the implementation of a new state-of-the-art paper sack converting machine at its Nyíregyháza site in Hungary.

Prerequisites for the Euro 1.5 billion investment decision are estimated to be fulfilled in the autumn of 2020 after the environmental permit process is completed.

J.D. Irving Ltd. says work will get under way next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

Clearwater Paper executives acknowledged Monday they don't expect a $160 million upgrade finished in 2017 at their Lewiston facility to save as much money as they anticipated.

The value of the investment is approximately Euro 200 million.

UPM is proceeding at full speed with its investment project in Uruguay and has taken several steps forward.

Quad, the magazine printer that has major operations in Saratoga Springs, is looking to add two new presses at its local site in a $45 million expansion plan.

IT Tech Packaging, Inc. announced the Company plans commercial launch of a new tissue paper production line (the "PM10").

Sonoco announced that its Board of Directors has approved an $83 million investment to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada. The majority of the investment includes transforming its Hartsville, S.C., corrugated medium machine (No. 10 machine) into a state-of-the-art URB machine with annual production capacity of approximately 180,000 tons.

In this project, Klabin S.A. is carrying out an expansion of its existing facility in Paraná State in southern Brazil. By further promoting the use of biofuel it is expected to control the GHG emission. This project will contribute to the development of Brazil's sustainable forest industry and to strengthening the supply chains.

Klabin announced in a filing it will stop contruction work at its Puma II project in southern Brazil due to the COVID-19 pandemic.

The $150 million, 320,000 square-foot Georgia Pacific lumber plant in Dougherty County is almost fully operational now.

Smurfit Kappa has announced its strategy to expand its paper sack business in the Americas in a $36 million investment.

Klabin began production of corrugated board packaging at its new industrial unit located in Horizonte, Ceará, Brazil.