SEATTLE (Scrap Monster): Hartsville, South Carolina-headquartered diversified packaging major announced new investment of $83 million at its Hartsville facility. The investment will transform the existing corrugated medium machine at the mill into modern recycled paperboard machine. The new machine is estimated to have a production capacity of 18,000 tons per annum.
The investment titled ‘Project Horizon’ is aimed at boosting the cost-effective performance of its U.S. and Canada recycled paperboard mill portfolio. Apart from ensuring the long-term viability of the Hartsville paper mill complex, the investment will significantly expand its footprint as a producer of recycled paperboard.
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According to Sonoco, the investment will transform the company into the world’s largest and lowest cost recycled paperboard producer. It will lead to reduction of electricity consumption by its U.S. and Canadian mill system by 16% and reduction in water usage by 25%. This in turn will result in 16% reduction in greenhouse gas emissions. It must be noted that the company has reduced normalized greenhouse gas emissions by 1% and water usage by 2% in 2019.
The investment is in line with the previously announced sustainability and recyclability commitments.
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