Nearly five months into a pivotal year, International Paper is advancing a sweeping transformation strategy marked by a major acquisition, targeted mill closures, and an intensified focus on operational efficiency.
As of May 2025, the company is projecting continued earnings growth fueled by optimization, disciplined cost control, and strategic capital investments.
https://www.paperadvance.com/news/industry-news/international-paper-eyes-growth-in-2025-after-ds-smith-deal.html
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Bruce Hogan has been named the new Vice President and General Manager of ND Paper’s Old Town Division. A pulp and paper industry veteran, Hogan brings 33 years of experience with internationally recognized companies including International Paper, Mohawk Fine Papers, Essity and Appvion. “Bruce brings a breadth of knowledge that will be instrumental in helping us usher in a new era of growth and excellence at our historic Old Town Mill,” said ND Paper CEO Ken Liu. “Because beyond operations, Bruce will also be critical in helping us execute the continued capital transformation program for the Division.”
Sustainable Development Technology Canada (SDTC) has awarded Red Leaf Pulp Ltd. $3.8 Million to commercialize an innovative and game-changing pulping technology using wheat straw and other sustainable agricultural resources along with wood-based pulp in traditional applications. With its technology, Red Leaf will enhance utilization of existing agricultural resources, support the agriculture industry, and lower the carbon intensity associated with producing paper and packaging materials. As demand for paper products rises due to the shift away from plastic and polystyrene use, Red Leaf’s technology offers a sustainable alternative to responding to this demand by using a fibre source that does not contribute to deforestation. This funding will also assist in co-product commercialization efforts that will potentially allow Red Leaf’s facility to become planet positive.
Paper Excellence announced that it will invest nearly $50 million to upgrade its Crofton mill’s paper operations and towards reductions in its carbon footprint. The investment sees the restart of its C2 paper machine putting over 100 employees back to making paper at the site. Paper operations were recently curtailed due to weakening Chinese paper markets and escalating input costs. “This investment will enhance the development of innovative products that replace banned plastics with renewable paper while significantly reducing carbon emissions,” said Stew Gibson, Chief Operating Officer for Paper Excellence Canada. Gibson said that the Company has been working closely with Provincial and Federal Governments to restore value-added manufacturing jobs at Crofton. “The Government of Canada has contributed $14.3 million through Natural Resources Canada’s (NRCan) Investments in Forest Industry Transformation (IFIT) program and the Government of British Columbia contributed $4.5 million in provincial funds to help make today’s announcement possible” added Gibson. The C2 paper machine will be transformed to produce stronger, water-resistant paper grades which replace single-use plastics, while the investment also reduces natural gas consumption through more efficient use of waste bark fuel in the mill’s boiler.