International Paper Completes Sale of Its Kwidzyn Plant in Poland | Tennessee State Securities
MEMPHIS, Tennessee., August 6, 2021 / PRNewswire / – International Paper (NYSE: IP) today announced that it has completed the previously disclosed sale of its Kwidzyn pulp and paper mill and supporting operations to the Mayr-Melnhof group. The Kwidzyn company has approximately 2,300 employees with an annual production capacity of 740,000 metric tons of folding boxboard, uncoated loose sheets, specialty kraft papers and market pulp on four machines.
About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. We manufacture corrugated cardboard packaging products that protect and promote goods and enable global trade; paste for diapers, handkerchiefs and other personal hygiene products which promote health and well-being; and materials that facilitate education and communication. We are based in Memphis, Tennessee., employs approximately 48,000 colleagues and serves more than 25,000 customers in 150 countries. Net sales for 2020 were $ 21 billion. For more information on International Paper, our products and our global citizenship efforts, please visit internationalpaper.com.
SOURCE International Paper