IP restarts coated paperboard machine at its paper mill in Kwidzyn, Poland, after completing rebuild; US$60M-plus modernization project was aimed at enabling the paper machine to produce lighter-weight paperboard grades, expanding finishing flexibility

BRUSSELS , April 9, 2014 (press release) – International Paper announced today that its coated paperboard machine at the Polish Kwidzyn mill successfully restarted after the completion of the machine rebuild. The US$ 60+ million modernization project enables the production of lighter-weight board grades, along with greater finishing flexibility.

“The rebuild has been a total success”, said Marek Krzykowski, Mill General Director at Kwidzyn. “Operations are fully restored and our new capabilities will allow us to provide even better products and services for our customers.”

The investment and International Paper’s resulting enlarged product portfolio respond directly to customers’ growing demand for economically attractive and environmentally sustainable packaging solutions.

“Our renowned Alaska and Arktika grades continue to be available with unchanged technical specifications following the rebuild”, said Michael Krueger, International Paper’s Commercial Director for Coated Paperboard & Recycled Specialties. “In addition, we intend to introduce our new differentiated lighter-weight GC2 products by the end of this quarter,and will be communicating further details in the coming weeks.”

About International Paper

International Paper (NYSE: IP) is a global leader in packaging and paper with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging and uncoated papers, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs approximately 70,000 people and is strategically located in more than 24 countries serving customers worldwide. International Paper net sales for 2013 were $29 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.

In Europe, Middle East, Africa & Russia (EMEA), International Paper focuses on the production and marketing of office papers and paper-based packaging. The company is a leading supplier of high quality cutsize papers, coated and uncoated paperboard and corrugated containers for a wide
range of applications.

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