International Paper has announced the indefinite closure of its Louisiana Mill in
The decision to idle the 100-percent pulp mill operation is due to the continuing decline in pulp demand from its customers worldwide coupled with a weak economy across the globe, the press release says.
The closure will result in curtailment of the company’s annual pulp production capacity by approximately 450,000 tons. The shutdown process will begin immediately. The mill is currently taking downtime due to a lack of pulp orders.
“We have carefully reviewed current options for the
He continues, “As always, the most difficult part of this closure is the effect on employees, their families and the community. The hard-working employees at the
The
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