MEMPHIS, Tenn., Oct. 14, 2020 /PRNewswire/ -- International
Paper (NYSE: IP) today announced that it completed the previously
disclosed sale of its Brazilian corrugated packaging business to
Klabin S.A. The business has three containerboard mills and four
box plants. The company will continue to run its papers
business and forestry operations in Brazil.
About International Paper
International Paper (NYSE: IP) is a leading global producer of
renewable fiber-based packaging, pulp and paper products with
manufacturing operations in North
America, Latin America,
Europe, North Africa and Russia. We produce corrugated packaging
products that protect and promote goods, and enable worldwide
commerce; pulp for diapers, tissue and other personal hygiene
products that promote health and wellness; and papers that
facilitate education and communication. We are headquartered in
Memphis, Tenn., employ more than
50,000 colleagues and serve more than 25,000 customers in 150
countries. Net sales for 2019 were $22
billion. For more information about International Paper, our
products and global citizenship efforts, please visit
internationalpaper.com.
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SOURCE International Paper