Sappi North America has confirmed the approval of a $418m capital project to convert PM2 at its Somerset Mill in Skowhegan, Maine to increase its capacity and produce solid bleached sulfate board (SBS) products.
“This move complements our long-term ‘Thrive25’ strategy, which focuses on growing our portfolio in packaging and specialty papers, pulp and biomaterials,” said Mike Haws, President and CEO, Sappi North America. “By investing in our business to pursue growing areas of demand, we can remain profitable and competitive in the global marketplace.”
Haws continued, “Somerset’s existing world-class infrastructure and success in producing high quality SBS products, together with its talented workforce, make the mill an excellent and obvious choice for this investment. Increasing our flexibility and expanding the paper mill’s capability and capacity will ensure that we continue to make superior products at Somerset for years to come.”
The planned project at the Somerset Mill in Maine is expected to come online early in 2025.
