Pulp

Weyerhaeuser has agreed to sell five pulp mills in the South and Canada to International Paper for $2.2 billion in cash, the Federal Way company said Monday. Weyerhaeuser expects to use much of the estimated $1.6 billion after-tax proceeds to repay ...

NEW YORK (AP) — International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products. The deal is expected to close before the end of the year.

May 02, 2016. /Lesprom Network/. Nuplex Industries Limited has entered into an agreement to sell the assets of its ANZ based Nuplex Pulp & Paper business to Solenis Australia Pty Limited for A$21 million ($16 million). The sale is expected to be ...

Weyerhaeuser Co., based in Federal Way, Washington, is shedding its pulp businesses to focus on selling lumber and other wood products. It plans to use most of the sale proceeds to pay down debt. Earlier this year, Weyerhaeuser bought Plum Creek ...

International Paper Co., the world's largest paper company, agreed to buy Weyerhaeuser Co.'s pulp business for about $2.2 billion to double its global position in the raw material used in diapers and other hygiene products. Annual cost savings from the ...