Major packaging industry player **International Paper (IP)** is making strategic moves, including a significant **expansion into sustainable manufacturing**. Capitalizing the demands of North America, it announced **facility alignments** in the Rio Grande Valley as well as exclusive negotiations to **divest five of its European Corrugated Box plants**, in part fulfilling regulatory commitments arising from the **acquisition of DS Smith Plc**. The DS Smith **merger** has enabled IP to emerge as a **global leader in sustainable packaging** solutions amidst unexpected closures, and layoffs due to strategic reviews. IP weathered missed Q1 Sales Targets and proceeded towards a swift **turnaround strategy** involving new facility expansion and **profitable divestments**. DS Smith proceedings also hinted at **leadership changes** within IP, including a **new Chief of People and Strategy Officer**. On the sustainability front, it exceeded its **conservation goal** six years early, protecting over a million acres of forestland, marking a notable accomplishment. Projecting ambitious future plans, International Paper has outlined a comprehensive forecast for 2025 and 2027, emphasizing DS Smith synergies.
International Paper IP News Analytics from Fri, 11 Oct 2024 07:00:00 GMT to Fri, 13 Jun 2025 14:00:00 GMT -
Rating 5
- Innovation 7
- Information 5
- Rumor 8
