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International Paper
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KapStone Paper and Packaging Names New Member to Board of Directors
Aug 25, 2016KapStone Paper and Packaging announced that the Board of Directors elected Paula H.J. Cholmondeley as a director of the company, effective 11 August 2016. Ms. Cholmondeley joins the Board of Directors as a Class B director with a term ...
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International Paper Reports Second Quarter 2016 Earnings
Aug 3, 2016International Paper reported second quarter 2016 net earnings attributable to International Paper of $40m ($0.10 per share) compared with net earnings of $334m ($0.81 per share) in the first quarter of 2016 and net earnings of $227m ($0.54 ...
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International Paper To Acquire Holmen's Madrid Mill For €150m
Mar 18, 2016International Paper has signed an agreement to purchase newsprint mill in Madrid, Spain, from Swedish company Holmen Paper, for €150m. As per the deal, International Paper will acquire the Madrid newsprint Mill, as well as ...
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International Paper To Divest Asian Corrugated Packaging Business For $150m
Mar 16, 2016International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
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KFC and International Paper Foodservice Develops Plastic-Free Food Bucket
Mar 13, 2016Fast food chain Kentucky Fried Chicken (KFC), in partnership with foodservice packaging specialist International Paper Foodservice Europe, has developed a plastic-free paperboard food bucket in the UK and Ireland. Designed to replaces ...
Tags: KFC, International Paper, Food Bucket
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International Paper to Exit Coated Board JV in China
Oct 10, 2015International Paper (IP) will exit from Chinese coated board joint venture (JV) by selling its 55% stake to JV partner Shandong Sun Holding for $23m. The IP-Sun JV operates one manufacturing facility with four paper machines in Shandong ...
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Smurfit Kappa Discards Several Non-Core Units to Aurelius
Apr 23, 2015Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
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Smurfit Kappa Speculation Shows Wider Trend in Packaging
Apr 15, 2015The corrugated sector received a jolt yesterday with reports that International Paper was mulling over a £6bn bid for Smurfit Kappa. With both parties remaining tight lipped on the reports, we can only speculate on what such a ...
Tags: Smurfit Kappa, Packaging
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International Paper Bids Over Eur 8.1bn for Irish Packaging Giant Smurfit Kappa
Apr 14, 2015US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
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MeadWestvaco Buys Carolina Coated Bristols Brand From International Paper
Apr 2, 2015Packaging company MeadWestvaco (MWV) has entered into an agreement with International Paper to buy its Carolina coated bristols brand for an undisclosed amount. International Paper decided to sell the brand as it wanted to convert its ...
Tags: MWV, International Paper, Packaging
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International Paper Will Become Global Food Safety Initiative Certified
Mar 6, 2015Packaging company International Paper's US corrugated packaging container plants servicing food product customers will soon become Global Food Safety Initiative (GFSI) certified. The certification will be measured against the ...
Tags: Packaging, Food Packaging
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Tieto Has Entered Into an Agreement with Packaging and Paper Company International Paper
Oct 30, 2014Nordic IT services company Tieto has entered into an agreement with packaging and paper company International Paper (IP) to deliver an MES solution based on Tieto’s standard SAP-based MES solution. Initially, this MES system will be ...
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International Paper Will Invest $90m to Restart an Idle Machine at Container Board Mill
Sep 24, 2014US-based paper manufacturing company International Paper will be investing $90m to restart an idle machine at its container board mill that will help in creating 65 new jobs. The machine has been out of use for the past five years. ...
Tags: International Paper, Invest, Printing
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Atlantic Packaging Will Acquire The Three Largest Paperboard Converting Facilities of IP
Sep 15, 2014US-based packaging company Atlantic Packaging will acquire the three largest paperboard converting facilities of International Paper (IP) for an undisclosed amount. Acquisition of the facilities in Greensboro, Hazelton and Sturgis is ...
Tags: Atlantic Packaging, Acquire, Packaging
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Pennsylvania and Michigan Convert Bleached Paperboard and Feature Finishing Departments
Sep 15, 2014The plants in North Carolina, Pennsylvania and Michigan convert (sheet and rewind) bleached paperboard, and also feature finishing departments and distribution centres. After the purchase, Atlantic will employ over 900 people and will be ...
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