Total Fiber Recovery (TFR) will invest $49 million to establish its first recycled pulp production facility in Chesapeake, Virginia. The project will create 68 new jobs, as Governor Ralph Northam announced.
TFR will begin operations in 2021 and annually process 300,000 tons of mixed paper and other recycled fiber from the region’s materials recovery facilities (MRFs). The company will increase the region’s capacity to process recycled fiber, a commodity that has been limited due to international restrictions, prompting historically low prices for recycled fiber and added costs to recycling for communities. With domestic and international offtake agreements in place, the pulp product created by TFR in Chesapeake will be transported to paper plants to become new products.
“The paper industry demands recycled pulp to make new products, and North America is home to some of the world’s most advanced MRFs that produce high-quality recycled fiber,” said Total Fiber Recovery President Eric Herbert.
Source: Lesprom Network
