GERMANY (News release) -- Felix Schoeller Group plans to invest more than $100 million in expanding its capacity in North America by 2025. Starting in 2023, capacities at the company's sites in the USA and Canada will be significantly expanded in three steps.
In the first step, a new silicone coater will be installed at the Pulaski, New York site in mid-2023. This will enable the Felix Schoeller Group to supply the North American market with domestically produced siliconized papers and films. In doing so, the company is relying not only on solvent-free silicone technology, but adding solvent-based silicone technology to their portfolio - while utilizing particularly energy-efficient and environmentally friendly technological solutions.
The second step is the expansion of the paper machine capacity in Drummondville, Canada, from currently 32,000 tons to over 40,000 tons per year. This increase is scheduled to be completed in the Q4 2023.
And finally, the specialty paper manufacturer plans to invest in the construction of a second paper machine for the North American market. The plan is to add up to 50,000 tons of capacity for the decor and release liner markets. During project planning, the location and details of the technical equipment will be determined. The total investment for the production of high-quality decor papers and release liners in the North American sites is expected to exceed $100 million.
The Felix Schoeller Group develops, manufactures, and markets high-quality specialty papers.
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