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Jan 20, 2023 · International Paper (NYSE:IP) today announced formal plans to invest approximately $103 million to build and operate two natural gas power boilers to generate steam for its Containerboard Mill in...
Dec 1, 2016 · This transaction completes the divestiture of Weyerhaeuser's Cellulose Fibers business, which resulted from the company's strategic review initiated in November 2015. Earlier this year, the company completed the sale of its liquid packaging board business to Nippon Paper Industries Co., Ltd. and the sale of its publishing papers business to One ...
Aug 4, 2008 · Weyerhaeuser Completes Sale of Assets to International Paper. FEDERAL WAY, Wash., August 4, 2008 — Weyerhaeuser Company (NYSE: WY) today announced the completion of the sale of its Containerboard Packaging and Recycling business to International Paper (NYSE: IP) for $6 billion in cash.
May 2, 2016 · The transaction with International Paper does not include Weyerhaeuser's liquid packaging board facility or newsprint and publishing papers joint-venture. Weyerhaeuser's review of those assets is ongoing.
Jan 11, 2023 · International Paper is planning a $103 million expansion of its Cedar River Mill in Cedar Rapids, Iowa, after a Jan. 10 Cedar Rapids City Council vote unanimously approved a resolution to authorize sponsorship of a business financial application to the Iowa Economic Development Authority.
Mar 11, 2015 · In August 2008, Cedar River Paper was sold to International Paper as part of its purchase of Weyerhaeuser packaging business and renamed International Paper-Cedar River Mill. The $6 billion deal involved nine cardboard mills, 72 packaging plants (including a facility at 920 Shaver Rd. NE in Cedar Rapids) and other operations employing about 14,300.
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Feb 24, 2023 · International Paper will invest $103 million to build and operate two natural gas power boilers to generate steam for its containerboard mill in Cedar Rapids, Iowa. Construction will begin in the second quarter of this year and will be fully operational by the end of 2025.