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Billerud’s Board of Directors has decided to not proceed with plans to convert its Escanaba mill to cartonboard production. Instead, the company will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level. “After in-depth feasibility studies, evaluations, and supplier discussions, we have concluded that the projected return on investment is not sufficiently attractive to proceed with the conversion of Escanaba to cartonboard production,” said Ivar Vatne, President and CEO of Billerud. https://lnkd.in/e3fni5Qy #paperindustry #pulpandpaper

Billerud Will Not Proceed with Plans to Convert Escanaba Mill to Cartonboard Production

Billerud Will Not Proceed with Plans to Convert Escanaba Mill to Cartonboard Production

paperage.com

Greg Janicki

Packaging Solutions Delivered (FIBC's bags, BOPP bags, Multiwall Paper Bags, and other packaging supplies)

2mo

No surprise there......

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