Greif, Inc. announced that Greif Packaging LLC, a wholly owned subsidiary, plans to make significant improvements to its semi-chemical medium machine located at the company's Riverville, Virginia (USA) mill.
The company expects the $45 million modernization project, which includes enhancements to all sections of the machine, to improve product quality characteristics for customers, reduce costs and increase capacity.
While the largest component of the two-year project is the addition of a shoe press, the machine will also undergo improvements with drive systems, winding and roll handling capabilities.
Upon completion of this project, the company expects to reduce energy consumption mill-wide by another 10 percent and realize an 11 percent increase in production output.
The Riverville mill produces semi-chemical medium and 100% recycled linerboard with an annual capacity of about 500,000 tons per year.