{"id":17057,"date":"2023-09-20T22:00:17","date_gmt":"2023-09-20T18:30:17","guid":{"rendered":"https:\/\/paw.ir\/?p=17057"},"modified":"2023-09-20T16:17:31","modified_gmt":"2023-09-20T12:47:31","slug":"international-paper-completes-sale-of-ownership-interest-in-ilim-joint-venture","status":"publish","type":"post","link":"https:\/\/paw.ir\/?p=17057","title":{"rendered":"International Paper completes sale of ownership interest in Ilim joint venture"},"content":{"rendered":"<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>International Paper announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484MM (USD) in cash.<\/p>\n<p>In addition, the Company completed the sale of its outstanding shares in JSC Ilim Group to its JV partners for $24MM (USD) in cash and is divesting other non-material residual interests associated with Ilim.<\/p>\n<p>With the completion of these transactions, International Paper has divested all of its ownership interests in Ilim.<\/p>\n<p>International Paper is a global producer of planet-friendly packaging, pulp and other fiber-based products, and one of North America&#8217;s largest recyclers. Headquartered in Memphis, Tenn., International Paper employs approximately 39,000 colleagues globally who are committed to creating what&#8217;s next.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>International Paper announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484MM (USD) in cash. In addition, the Company completed the sale of its outstanding shares in JSC Ilim Group to its JV partners for $24MM [&#8230;]\n","protected":false},"author":4,"featured_media":17058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131],"tags":[634,298,1112,162,1123,662,246,3231,5195,1012,3913,1890,1143,648,665,1130,666,3847,130,1145,1897],"class_list":["post-17057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-board","tag-box","tag-business","tag-carton","tag-containerboard","tag-economy","tag-en","tag-fiber-based-products","tag-ilim-sa","tag-international-paper","tag-jsc-ilim-group","tag-memphis","tag-paper-companies","tag-paper-industry","tag-paper-machinery","tag-paper-manufacturer","tag-paper-mill","tag-planet-friendly-packaging","tag-pulp","tag-pulp-paper","tag-tennessee"],"acf":[],"_links":{"self":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/17057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17057"}],"version-history":[{"count":1,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/17057\/revisions"}],"predecessor-version":[{"id":17059,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/17057\/revisions\/17059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/media\/17058"}],"wp:attachment":[{"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}