Kruger to Convert Newsprint Machine to Lightweight Linerboard

摘要

Kruger Packaging L.P. announced an investment of $250 million to convert the No. 10 Newsprint Machine (PM10) at Kruger's Trois-Rivieres Mill to manufacture 100% recycled lightweight linerboard. The project has received $ 190 million in support from the Quebec government, which includes an $84-million loan to finance the cost of the conversion and a $106-million participation, through Investissement Quebec, in a new company that now combines all of Kruger's Containerboard and Packaging activities. As a result of this investment, the Quebec government will have a 25% ownership in this new company.