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International Paper to Close its Pulp and Paper Mill in Georgetown

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The mill in Georgetown produces approximately 300,000 tons of fluff pulp designed for incontinence products such as diapers and other absorbent items. The mill also produces freesheet papers that it sells to Sylvamo. The full closure of the mill is expected by the end of 2024. Nov 04, 2024 International......
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International Paper Announces Shareholder Approval for DS Smith Acquisition

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The two companies together can create a true global leadership in sustainable packaging solutions which will drive significant value for the employees, customers and shareholders. Oct 15, 2024 International Paper has announced that it has received the necessary shareholder approval for its  pending acquisition of DS Smith. Earlier this week,......
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International Paper Appoints Andy Silvernail as the Chairman of Board of Directors

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Andy Silvernail took charge as the Chairman of the International Paper Board of Directors, following the retirement of Mr. Mark Sutton. Mr. Silvernail has been given the charge in addition to his current role as the Chief Executive Officer of the company.  Oct 1, 2024 International Paper has appointed Mr.......
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Suzano Ends Acquisition Talks After International Paper Refuses Highest Offer

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Suzano had offered an all-cash acquisition worth USD 15 billion to International Paper, which reportedly asked for a deal worth USD 17.3 billion. Suzano said that it had reached the ‘maximum price’ for the transaction to generate value for itself, ‘without engagement’ from the other party. Jun 29, 2024 Suzano......
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Suzano Offers USD 15 Billion Acquisition Deal to International Paper

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Suzano has communicated its USD 42 per share offer to International Paper’s board of directors verbally, and is likely to submit a formal bid in the coming days. May 9, 2024 Brazilian pulp and paper company Suzano has offered an all-cash acquisition that would be worth almost USD 15 billion......
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International Paper Offers USD 7.22 Billion Acquisition Deal to DS Smith, Giving Stiff Competition to Mondi

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International Paper makes an all-stock acquisition deal to DS Smith worth USD 7.22 billion, giving stiff competition to Mondi, which earlier made an all-share takeover offer worth USD 6.51 billion. Apr 3, 2024 Leading global forestry and paper company, International Paper, has made an all-stock takeover offer of 5.72 billion......
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International Paper Announces Strategic Actions to Close Containerboard Mill in Texas & Cease Production on 2 Pulp Machines

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International Paper recently announced a series of actions to strengthen and optimize its manufacturing system to meet customers’ needs. Oct 18, 2023 International Paper recently announced that it will permanently close its containerboard mill in Orange, Texas, and will permanently cease production on two pulp machines – the #20 machine......
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IP Announces Opening of its Atglen Corrugated Packaging Facility

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International Paper announced the grand opening of its Atglen, US-based, new state-of-the-art corrugated packaging facility. Sep 18, 2023 International Paper (IP) announced the grand opening of the newest state-of-the-art corrugated packaging facility in Atglen, US. The new USD 100 million facility will produce corrugated packaging for produce, processed food, beverage,......