What are International Paper’s options for its Russian investment?
International Paper announced in March its intention to “explore strategic options” that might include selling its interest in Ilim Group, Russia’s largest pulp and paper company. But an analyst who studies packaging and forest products says that might be easier said than done. (Mark Weber/The Daily Memphian file)
A note from a packaging and forest products analyst dated Wednesday, March 13, mentions the “logistical, legal and financial challenges” IP faces by suspending or exiting operations with Ilim.
Topics
International Paper Co. Russian invasion of Ukraine Subscriber OnlyThank you for supporting local journalism.
Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.
Rob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.