Press ReleaseSource: Industrial Info Resources

International Paper to Cease Pulping Operations at Louisiana Mill After $10 Million Conversion, an Industrial Info News Alert
Tuesday December 2, 2008 6:00 am ET

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.

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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.

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     Contact:
     Joe Govreau
     713-783-5147
     

Source: Industrial Info Resources


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