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Tag : International Paper

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International Paper to Sell Kwidzyn Pulp and Paper Mill to Mayr Melnhof for EUR 670 Million

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International Paper will engage in a consultation process with the appropriate employee representatives and expects the transaction to close in the third quarter of 2021. February 12, 2021 International Paper has entered into an agreement to sell the Kwidzyn pulp and paper mill and supporting operations to Mayr-Melnhof Karton AG......
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International Paper Commits 2 Million Corrugated Boxes for COVID-19 Relief

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This product donation will benefit hunger-relief organizations such as Feeding America® and The Global FoodBanking Network (GFN), among other relief agencies in communities where International Paper employees live and work. May 20, 2020 Food banks around the world are experiencing dramatic increases in demand for food assistance driven by the......

International Paper Announces Vision 2030 Goals Focused on Building a Better Future

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Four goals to advance circular solutions and create positive social and environmental impact. February 11, 2002 International Paper has announced its Vision 2030 goals, which demonstrate its commitment to building a better future for people, the planet and the company. Through the goals, one of the world’s leading producers of......
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International Paper to Sell its Corrugated Packaging Business to Klabin for R$330 Million

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The agreement follows International Paper’s previously announced strategic review of the Brazil packaging business. March 29, 2020 International Paper has announced that it has entered into an agreement to sell its Brazilian corrugated packaging business to Klabin S.A. for R$330 million, with R$280 million to be paid at closing and......
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International Paper to Sell Stake in IP APPM to West Coast Paper Mills

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International Paper Co., the world’s biggest producer of pulp and paper, is selling a majority stake in its Indian unit– International Paper APPM Ltd, to West Coast Paper Mills for at least Rs 557 crore (USD 80 million), bidding adieu to the country eight years after becoming the only top-league......
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International Paper Announces Agreement to Sell Its India-based Paper Business

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International Paper has entered into an agreement with West Coast Paper Mills Limited to sell its controlling interest in International Paper APPM Limited, an India-based paper business. International Paper currently owns approximately 30 million shares, or 75% of the outstanding shares, of International Paper APPM Limited (APPM). The transaction is......
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Smurfit Kappa Rejects IP's EUR 8 Bn Takeover Bid

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The acquisition would allow International Paper to significantly diversify its business beyond North America. March 6, 2018 Smurfit Kappa Group Plc, Europe’s largest paper packaging producer, said on Tuesday it had rejected a takeover offer from U.S. peer International Paper Co, which the suitor later revealed was worth EUR 8......
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IP Completes Transfer of Their North America Consumer Packaging Business to Graphic Packaging

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Earlier, in October 2017, International Paper signed a definitive agreement to contribute its North America Consumer Packaging business to Graphic Packaging in a transaction valued at $1.8 billion. January 2, 2018 International Paper announced on January 2, 2018 that it has completed the transfer of its North America Consumer Packaging......
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International Paper Signs Agreement to Sell Foodservice Business in China

Manik Seth
International Paper’s foodservice business in China has two plants and a workforce of approximately 200 employees. June 29, 2017 International Paper announced that it has entered into a definitive agreement to sell its foodservice business in Chinato Huhtamaki Hong Kong Limited. International Paper’s foodservice business in China has two plants......