International Paper to Cease Pulping Operations at Louisiana Mill After $10 Million Conversion, an Industrial Info News Alert SUGAR LAND, TX--(MARKET WIRE)--Dec 2, 2008 -- Researched by Industrial Info Resources
(Sugar Land, Texas) -- Forest products giant International
Paper (NYSE:IP - News)
(Memphis, Tennessee) has announced plans to immediately
idle pulping
operations at a mill in Bastrop, Louisiana. The company
cited declining
demand for pulp from international markets coupled with
a weak global
economy as reasons for the mill closure. For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=141567, or browse other breaking industrial news stories at www.industrialinfo.com. Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to pulpandpapergroup@industrialinfo.com or visit our website at www.industrialinfo.com. Related News Articles New England Regional Plant Watch: 2008 Closure Rate Drops 34% from 2007 Sales of Assets Keep Weyerhaeuser Afloat in 3Q08 Higher Costs and Restructuring Charges Lower International Paper's 3Q Profit by 31% Contact: Contact:
Joe Govreau
713-783-5147
Source: Industrial Info Resources
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