International Paper
Coverage of International Paper in the Nexus archive.
- The main lesson from DEQ’s groundwater report: Va. must budget to live within environmental limits
The Virginia Department of Environmental Quality's report highlights that industrial activity is disproportionately responsible for groundwater depletion in eastern Virginia. Two paper mills, International Paper’s facility at Franklin and Smurfit WestRock’s mill at West Point, account for 43% of the total reported groundwater withdrawal across all aquifers. These massive withdrawals are depleting groundwater levels, increasing land subsidence, and contributing to saltwater intrusion.
- EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Union has conditionally approved International Paper's $7.16 billion acquisition of DS Smith, a major packaging company. The approval comes with conditions likely designed to address competition concerns in the European packaging market.