To improve efficiencies and to respond to the evolving needs of its customers in tough trading conditions, International Paper has confirmed it is looking at a proposal for closure of five sites in Germany, comprising of one conventional box plant, one display and offset site and three sheet plants as well as a partial closure of one display site.
International Paper expects that, subject to mandatory employees’ information and consultation procedures, these proposals would be implemented by the end of 2026 and that approximately 500 roles may be affected.
The proposals result from a strategic review by the Central European business as part of International Paper’s transformational journey to become a stronger sustainable packaging solutions company. The company said its goal is to optimise its existing resources to better serve its customers and to position the business optimally for growth.
