Verso Corporation announced that it has completed the sale of its Androscoggin Mill, located in Jay, Maine, and its Stevens Point Mill, located in Stevens Point, Wisconsin, to Pixelle Specialty Solutions LLC. "We are pleased to have completed the sale of our Androscoggin and Stevens Point mills to Pixelle," said Verso Chief Executive Officer Adam St. John. "After the transaction, we will continue to be a debt-free company with significant manufacturing and financial flexibility, well positioned to enhance our competitive market position, effectively respond to industry trends and take advantage of low-risk, high-return opportunities that should create long-term value for all of our stakeholders."
As a global supplier of specialty industrial paper products, Ahlstrom-Munksjö focuses on innovative solutions that meet the needs of our customers and the diverse markets we serve. Ahlstrom-Munksjö’s wide range of specialty papers for the building and construction industry, known as Insu-Gard®, are high quality and durable for any end use.
Natural MG Papers provide a smooth surface for lamination to foil or in Foil/Scrim Kraft (FSK) Building and Construction applications. Ahlstrom-Munksjö also offers extensible kraft papers (XKL®), which provide maximum strength and stretch prop¬erties for the most demanding converting applications. All Insu-Gard® Building and Construction papers can be produced utilizing innovative Flame-Gard® surface coatings which provide flame-resistance for both metal and non-metal contact.
“Ahlstrom-Munksjö offers the widest breadth of building and construction papers in the industry,” commented Robyn Buss, Vice President of Ahlstrom-Munksjö’s North America Specialty Solutions business area. “Insu-Gard® provides our customers with not only innovative solutions, but the diversity of applications necessary for these markets.”
Staying committed to Ahlstrom-Munksjö’s sustainability initiatives, Insu-Gard® papers can be produced with bleached or trulyNatural® fibers and blended fibers. Insu-Gard® papers are produced at Ahlstrom-Munksjö’s North America Specialty Solutions plants based in Wisconsin, USA.