Business
International Paper Announces Strategic Changes
International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging solutions, today announced a series of strategic changes to achieve an advantaged cost position, deliver a superior customer experience and maintain a high relative supply position as part of its ongoing transformation journey.
About this update from International Paper Company
[{"type":"text","content":"IP to Sell Global Cellulose Fibers Business to American Industrial Partners","length":75,"tagName":"p","attribs":{}},{"type":"text","content":"Other Changes Include a $250 Million Investment in the Riverdale Mill in Selma, Ala. and the Closure of Riceboro Mill, Savannah Mill and Savannah Box Plant","length":160,"tagName":"p","attribs":{}},{"type":"text","content":"MEMPHIS, Tenn., Aug. 21, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging solutions, today announced a series of strategic changes to achieve an advantaged cost position, deliver a superior customer experience and maintain a high relative supply position as part of its ongoing transformation journey. ","length":362,"tagName":"p"},{"type":"image","alt":"International Paper Logo (PRNewsfoto/International Paper)","displaySize":"","headline":null,"caption":"International Paper Logo (PRNewsfoto/International Paper)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":85,"url":"https://media.zenfs.com/en/prnewswire.com/eec688b082d4790062c90c3a98f7ae16"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3N18_F4NAxfSOKunlPuKWA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/eec688b082d4790062c90c3a98f7ae16","width":400,"height":85}},"href":"https://mma.prnewswire.com/media/2012321/International_Paper__3_1_22_Logo_v2.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Agreement to Sell Global Cellulose Fibers BusinessInternational Paper has reached a definitive agreement with American Industrial Partners (AIP) to sell its Global Cellulose Fibers (GCF) business for $1.5 billion, subject to closing adjustments, including the issuance of preferred stock with an aggregate initial liquidation preference of $190 million. The Company previously announced the decision to review strategic alternatives for its GCF business last fall, as part of the Company's strategy to focus on sustainable packaging solutions. The transaction is expected to close by the end of the year, subject to regulatory approvals.","length":642,"tagName":"p"},{"type":"text","content":""GCF is a strong business, and I'm pleased to see it transitioning to AIP, which is focused on investing in and growing industrial businesses," said IP Chie...