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Sylvamo is investing $145 million to upgrade its South Carolina facilities, enhancing efficiency and production capacity. $100 million will modernize a paper machine at the Eastover mill, increasing uncoated freesheet output by 60,000 tonnes annually by 2026.
Sylvamo is investing $145 million to upgrade its South Carolina facilities, enhancing efficiency and production capacity. $100 million will modernize a paper machine at the Eastover mill, increasing uncoated freesheet output by 60,000 tonnes annually by 2026. $45 million will go toward a new sheeter at the Sumter plant, improving cost efficiency and flexibility. Additionally, Sylvamo is outsourcing its Eastover woodyard operations in a 20-year partnership, avoiding $75 million in capital spending. The Eastover mill, one of the most advanced in the world, continues to be a key part of Sylvamo’s competitive strategy
Source Link:- https://papermart.in/sylvamo-announces-usd-145-million/