Besicorp-Empire Newsprint, LLC has engaged Weyerhaeuser, Corp. to supply the proposed recycled newsprint mill with 100 percent of the fiber required to operate the facility. Plans call for the mill to be built in Rensselaer, N.Y.
According to Besicorp, the company expects to use more than 400,000 tons per year of recyclable material. The old newspapers and old magazines will be collected from municipalities and recycling centers primarily in the northeast.
The project recently received its State permits to construct and operate the facility this past September, and recently announced the selection of HSH Nordbank as lead arranger for the senior debt. The Project expects to begin construction this summer and be in full time operations in the summer of 2007.
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