News

International Paper to Sell Cellulose Fibers Unit for $1.5 Billion

(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...

International Paper to lay off more than 1,000 employees in mill closures

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

International Paper to shutter Savannah facilities; operations to cease by end of September

The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...

International Paper selling global cellulose fibers unit for $1.5B

Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

International Paper announces strategic changes that lead to over 1,000 layoffs

These changes include a $1.5 billion sale of IP's Global Cellulose Fibers (GCF) business and a restructuring of its North the ...

American Industrial Partners to Buy International Paper Unit for $1.5 Billion

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.

International Paper Riegelwood Mill sold to American Industrial Partners for $1.5 billion

International Paper says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.

How Investors May Respond To International Paper (IP) Expanding Containerboard Production and Renewing Kraton Partnership

Kraton Corporation recently announced the renewal of agreements with International Paper to ensure uninterrupted site services at Kraton’s Savannah, Georgia facility, while International Paper also ...