International Paper Announces Review of Strategic Options for Global Cellulose Fibers Business and Closure of Georgetown, S.C. Pulp and Paper Mill

IP’s GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw material used in textiles, construction materials, paints, coatings and more. The GCF business generated $2.9B in revenue in 2023 and has operations in three countries, with eight mills and two converting facilities.

“International Paper is committed to maximizing value for our shareholders, and to that end, we have launched a comprehensive and thorough review of strategic options for our global cellulose fibers business,” said International Paper Chairman and CEO Andy Silvernail.
more at: https://internationalpaper2022rd.q4web.com/news/news-details/2024/International-Paper-Announces-Review-of-Strategic-Options-for-Global-Cellulose-Fibers-Business-and-Closure-of-Georgetown-S.C.-Pulp-and-Paper-Mill/default.aspx

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