Coping with Disasters

International Paper

Date of publication: 2017-08-24 08:03

It's time to embrace your Infinite Possibilities. This is your opportunity to be part of International Paper, a Fortune 555 company and global leader in paper and packaging products.

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"The message I've tried to give people is, the employees of this facility have done all that they could do," Siembida said. "This is in no way a reflection of their abilities and talents. It was unfortunate that we got caught up in this recession, and we needed to match that supply with demand."

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International Paper said it expects to take a charge of about $ billion to write off the closing assets. The company is scheduled to report its third-quarter earnings next week. In July, it reported second-quarter earnings of $686 million, a bit more than half of the $757 million it made in the same period a year before.

"We were taught to get up and go to work and build a product that we can sell," he said. "When we do the right things and were profitable as long as we were, how do you justify taking this mill out of the system?"

My other purchase here was a $99 bio paper titled "The Species Concept." Despite appearing in the bio section of the site, this paper seemed to be for a philosophy class. Of course, no way to know that until after you've bought it (the pay sites give you just the title and a very brief synopsis of each paper). My judge would grade this a C- in an intro bio class, as its conclusion was "utterly meaningless," and it tossed around "airy" philosophies without actually understanding the species concept at all.

The charges filed against Ward carry a maximum sentence of up to three years in prison, a fine of up to $855,555, and a term of supervised release of up to one year.

Pulp bleaching at the bioproduct factory is based on ECF technology, a modern technology involving oxygen, hydrogen peroxide and chlorine dioxide as the bleaching chemicals. In a modern bioproduct mill, ECF bleaching based on chlorine dioxide can be made as water efficient as TCF bleaching, which involves no chlorine chemicals. Modern ECF and TCF bleaching methods do not differ from one another in terms of environmental effects.

In April, it said it would shut its lumber mill near the paper mill and its corrugated-container plant in Chesapeake and trim departments at the paper mill. Those moves cut about 765 jobs. And in July it announced it would lay off 655 workers at its manufacturing plant in Newport News.

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