News

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 ...
Modern Distribution Management3d

International Paper to Sell GCF Unit for $1.5B, Cut 1,100 Jobs in Restructuring

International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures ...

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 ...

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 ...
WJCL on MSN4d

'Deeply concerned': Georgia Gov. Kemp issues statement following International Paper closure news

Georgia Gov. Brian Kemp has issued a statement following news that International Paper would shut down its mills in Savannah ...

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.

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 ...