IP to restart idle Valliant PM next year; shifting Indiana mill grade mix for net 160,000 tons/yr capacity increase

摘要

After earlier hints that it was studying the project, International Paper (IP) has decided to restart the long idle No. 3 containerboard machine at its Valliant, OK, mill sometime later in 2015, CEO John Faraci told a UBS investment conference on Sept. 11. 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 production at the Oklahoma mill, which he said "has the lowest fixed cost per ton of any facility at IP." The machine, which previously made semichemical medium, has been down since late 2008.