What is International Paper doing now?

International Paper is proud to announce that our global printing papers business is now Sylvamo. We believe a better future is possible. Our four Vision 2030 goals will help us drive sustainable outcomes for people and communities, the environment and our customers.

Why did sylvamo spin-off International Paper?

International Paper continues to own approximately 19.9% of the outstanding shares of Sylvamo common stock. “The spin-off enhances the strategic flexibility and focus for long-term success and value creation at both companies.

How many shares of sylvamo common stock does International Paper own?

Each International Paper shareholder received one share of Sylvamo common stock for every eleven shares of International Paper common stock held on the record date. International Paper continues to own approximately 19.9% of the outstanding shares of Sylvamo common stock.

Does International Paper use asbestos in their products?

Given the nature of their products, paper plants are highly flammable. Therefore, International Paper Company frequently used asbestos insulation in its walls, floors, and roofs as a protective measure. Asbestos insulation was also used on pipes and boilers throughout International Paper plants.

What does International Paper’s acquisition of Andhra Pradesh paper mills mean?

When International Paper acquired a 75 percent stake in Andhra Pradesh Paper Mills, Ltd. (APPM), it signified a dynamic step forward as International Paper became the first non-Indian forest products company to enter India’s growing papers market.

Does International Paper own Temple-Inland?

In 2012, International Paper, through the merger of its wholly owned subsidiary Metal Acquisition Inc. with and into Temple-Inland, acquired Temple-Inland in a deal valued at $4.5 billion. Temple-Inland then became a wholly owned subsidiary of International Paper.