IP restarting idle Valliant, OK, containerboard PM

摘要

International Paper (IP) has decided to restart the idle containerboard machine at its Valliant, OK, mill sometime later next year, CEO John Faraci told a UBS investment conference. He said the $90 million price tag for preparing the machine to run again is "very cost effective" for 360,000 tons/yr of additional capacity at a mill "which has the lowest fixed cost per ton of any facility at IP." The machine, which previously made semi-chemical medium, was idlec in late 2008.