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veneer industry news International Paper
MISCELLANEOUS > NEWS > 2007
3rd August 2007
Profits have risen to 190 US million dollars for International Paper in the second quarter of current finacial year (83 in the same period in 2006).
Sales were down by 7,4% to 5,29 billion US dollars.
CEO John Faraci is proceeding in his strategy of selling assets in the US (mills and forests) in order to grow in promising markets such as Russia, Cina and Brasil.