International Paper: invests $ 40 million to better serve the e-commerce sector in France and Spain

INTERNATIONAL PAPER BELGIAN SERVICES COMPANY SRL CHAUSSEE DE LA HULPE 166 1170 BRUSSELS, BELGIUM

PHONE. : +32 (0) 2 774 1211

Press release

Media contact: Claudia.Brand@ipaper.com

David.Higgins@ipaper.com

International Paper invests $ 40 million to better serve

E-Commerce sector in France & Spain

Brussels, Belgium – December 02, 2021 – International Paper, a global leader in the fiber-based packaging and absorbent pulp industry, announced significant investments of $ 40 million in new converting equipment at several of its mills. corrugated cardboard packaging in France and Spain. This significant investment is another sign of the company’s continued commitment to the Europe, Middle East and Africa region and the sustainable growth of its packaging business in this region.

With the new equipment, International Paper will increase its processing capacity in the EMEA region by approximately 10%, while improving its capabilities to better meet the specific needs of customers in the e-commerce segment.

“The e-commerce segment is strategically important to International Paper’s growth program in the region,” said Eric Chartrain, vice president and general manager of the company’s EMEA Packaging business. “Today it accounts for nearly 10% of the region’s total corrugated packaging demand and is among the fastest growing segments with double-digit rates.”

Corrugated cardboard packaging is at the heart of circularity for the e-commerce sector. It can provide customer-tailored solutions to minimize waste and reduce overwrapping (it can be customized to perfectly match the product it protects), while used cartons can be easily returned and recycled through collection systems. municipal households, and the fibers can be reused again.

“Our customers and end users want products that contribute to a more sustainable and low-carbon future,” continued Chartrain. “We make products that people depend on every day and help deliver a positive customer experience, seeking to advance circular solutions across our value chain. ”

Ends

About International Paper

International Paper (NYSE: IP) is a leading global producer of renewable fiber packaging and pulp products with manufacturing operations in North America, Latin America, Europe and South Africa. North. We make packaging products that protect and promote merchandise and enable global trade, as well as pulp for diapers, facial tissues and other personal hygiene products that promote health and goodness. -to be. We are headquartered in Memphis, Tenn., And employ approximately 38,000 colleagues. Net sales for 2020 were $ 21 billion *. In Russia, the Company has a 50/50 joint venture, Ilim Group, the country’s largest integrated pulp and paper manufacturer and its largest foreign-national alliance in the forest products sector. For more information about International Paper, our products, and our global citizenship efforts, please visit internationalpaper.com.

In Europe, the Middle East and Africa (EMEA), International Paper focuses on the production and marketing of fiber-based packaging and specialty pulps, employing approximately 4,200 people. As a leading supplier of high quality corrugated containers for a multitude of applications, we serve customers across the region from our network of two recycled containerboard factories and 23 box factories in France, in Italy, Morocco, Portugal and Spain. The specialty dough is made in Gdansk, Poland. Other products available from International Paper in the region include a variety of Kraft linerboard and other pulp products.

* Including our former pulp and paper mill in Kwidzyn, Poland, which sold on August 6, 2021, and our former global paper company, which became a stand-alone listed company on October 1, 2021.

###

Disclaimer

International Paper Society published this content on 02 December 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 02 December 2021 03:40:04 PM UTC.

Public now 2021

All news on INTERNATIONAL PAPER COMPANY

Analyst Recommendations on INTERNATIONAL PAPER COMPANY
Sales 2021 21,613 M

Net income 2021 2,059 million

Net debt 2021 4,196 million

PER 2021 ratio 8.59x
Yield 2021 4.45%
Capitalization 17,477 million
17,477 million
VE / Sales 2021 1.00x
VE / Sales 2022 1.04x
Number of employees 49,300
Free float 86.1%

INTERNATIONAL PAPER COMPANY chart
Duration :

Period:

International Paper Company Technical Analysis Table |  MarketScreener

INTERNATIONAL PAPER COMPANY Technical Analysis Trends

Short term Mid Road Long term
Tendencies Bearish Bearish Bearish

Evolution of the income statement

To sell

To buy

Average consensus SURPASS
Number of analysts 15
Last closing price

$ 45.13

Average price target

$ 56.29

Spread / Average target 24.7%