SOURCE: Industrial Info Resources

December 02, 2008 06:00 ET

International Paper to Cease Pulping Operations at Louisiana Mill After $10 Million Conversion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 2, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Forest products giant International Paper (NYSE:IP) (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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