Temporarily idle paper machine No. 3 will result in reduction of annual coated paper production capacity by approximately 200,000 tonne.
November 1, 2016
Verso Corporation intends to implement capacity reduction beginning in the first quarter of 2017. So the company has planned to temporarily idle paper machine No. 3 at its Androscoggin Mill in Jay, Maine, reducing annual coated paper production capacity by approximately 200,000 tonne. Additionally, the mill will also idle a digester and recovery boiler that support the No. 3 paper machine.
As per the reports, most of the products currently produced on the No. 3 paper machine will be transitioned to other machines in Verso’s highly flexible manufacturing system with no expected disruption to customer orders. Also, this decision will help the company to stay ahead of the curve and move the entire company toward sustained profitability. At the same time, Verso is positioning the mill for future success by optimizing equipment, enhancing process efficiency and expanding production for the growing specialty papers market.
Also, Michael A. Weinhold, Senior Vice President for Sales, Marketing and Product Development for Verso, explained, “It’s critical to Verso’s long-term success that we balance the supply of our products with our customers’ demand for them, and we currently have more coated paper capacity in our mill system than we can fill.”