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Billerud’s Escanaba Mill Expansion of USD 1 Billion Seeks Legislative Support of USD 200 Million

Billerud has successfully got the nod of Michigan’s state legislation for investment support of a maximum of USD 200 million against USD 1 billion investment. The company is planning to expand its Escanaba Mill into a paperboard production facility. February 24, 2023 Billerud’s expansion plans have been approved for investment......
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Billerudkorsnäs to Acquire Verso Corporation for USD 825 Million

BillerudKorsnäs is aiming to convert Verso’s Escanaba Paper Mill into a world-class, sustainable, and fully integrated paperboard production site where one machine is estimated to be converted by 2025 and another by 2029. The total investment for the conversion project will be about USD 1 billion. December 21, 2021 Verso......