IP jolts markets with permanent shuts affecting 5 million tons pulpwood; Franklin, Pineville and Albany are all goners

摘要

Reacting to the major demand drop since last fall and a slow economic recovery, International Paper recently announced permanent mill closures across the US totaling an estimated 5.1 million tons of annual woodfiber consumption or 11% of the company's total US wood usage and 2.5% of all US demand.