International Paper to exit molded fiber market, sell select Mexico sites

International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith Plc

MEMPHIS, Tenn., July 1, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging, today announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition…

International Paper to exit molded fiber market, sell select Mexico sites

The company is also shuttering packaging and recycling facilities in Ohio and Kansas. The announcement will impact over 100 U.S. employees — just the latest update in IP’s ongoing North American optimization.