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KapStone to invest $29mn in US paper mill

North American producer of kraft paper and corrugated products KapStone Paper and Packaging has announced plans to invest $29mn in the company's North Charleston, South Carolina paper mill in the US.

According to KapStone, the investment includes projects in the fiber and utilities areas to support production of strategically important grades.

The investment is expected to improve the capability of No 3 paper machine in producing ultra high performance (UPL) lightweight linerboard grades by replacing the press section, which will be supplied by PMT Italia.

Engineering and construction are expected to occur over the next 18 months and the press section will be installed during the first quarter of 2014.

KapStone is the parent company of KapStone Kraft Paper and KapStone Container which includes three paper mills and 14 converting plants across the Eastern and Midwestern US.