Earlier this month Visy announced that it has decided to go ahead with an expansion project at its Tumut NSW Pulp and Paper mill in Australia.
When completed the expansion should more than double the mill’s current output of kraft paper to around 700,000 metric tons a year. Construction is expected to take around 18 months, and it is hoped to be operational by 2009.
The company also is undertaking a 12-month feasibility study into a possible $300 million plus expansion at its Smithfield packaging and recycling facility in Sydney, Australia.
The study would examine the case for a new paper recycling machine to improve Visy Paper's quality and cost competitiveness as well as adding to the company's existing recycled paper making capacity. A decision on whether to proceed with the project will be made next year and the feasibility study will include a comprehensive analysis of waste paper availability in NSW.
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