International Paper reported second-quarter net income more than tripling. The company cited higher pulp and paper prices and cost savings from recent mergers as reasons for the improvement.
Profits in the three months ended June 30 rose to $315 million. This compared to profits of $99 million in the year-ago quarter excluding extraordinary items. Revenues in the latest period rose about 12% to $6.8 billion from $6.0 billion in the year-ago quarter.
Explore the July 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Vecoplan to present modular solutions at IFAT 2026
- Terex Ecotec appoints Bradley Equipment as Texas distributor
- Greenwave raises revenue but loses money in Q2 2025
- Recycled steel prices hold steady
- EY says India’s need for scrap imports will continue
- Coming full circle
- Amcor, DCM introduce fertilizer packaging with 35 percent recycled content
- Comstock Metals gets closer to commissioning commercial-scale solar panel recycling facility
