International Paper to sell fibers unit for $1.5 billion

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International Paper Announces Strategic Changes

August 21, 2025 9:00 AM EDT

IP to Sell Global Cellulose Fibers Business to American Industrial Partners

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

MEMPHIS, Tenn., Aug. 21, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE:... More