IP's Investment Progressing Well

Staff

Memphis, Tennessee, USA 03 January 2014 -- International Paper has announced that its investment project at the Polish Kwidzyn mill is progressing well on time. The company disclosed earlier this year its plans for a substantial investment in the mill to further enhance its product quality and service platform for the coated board market in EMEA. The project is expected to be completed in the first quarter 2014.

International Paper will rebuild its coated board machine at Kwidzyn to enable the production of lighter-weight grades, along with adding two new sheeters to eliminate current limitations in finishing capacity. While the sheeter installation is already well underway, the machine rebuild will take place in March 2014 for up to 20 days.

Sheeting operations will continue un-interrupted during the time of the rebuild.

“This investment will enable us to create even greater value for customers and offer more options”, said Michael Krueger, International Paper’s Commercial Director for Coated Paperboard & Recycled Specialties. “The ability to produce lighter-weight board grades responds directly to the growing demand for economically attractive and environmentally sustainable packaging solutions. The additional sheeting capacity will allow for even greater flexibility and shorter lead times.”