International Paper to found joint venture in Brazil

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In order to strengthen its position in the Brazilian corrugated board packaging market International Paper (IP) is to found a joint venture with Jari Celulose, Embalagens e Papel S/A, a Grupo Orsa company, in which IP will hold a 75% stake. In addition, the US-group will invest around BRL952m (about €360m) in the ...

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