International Paper's Pensacola Mill Resumes Full Operations
April 4, 2017 - International Paper's Pensacola Mill in Cantonment, Fla., has successfully resumed full operations following a digester incident that occurred on January 22, 2017. The company, with the assistance of independent third-party experts, has implemented enhanced procedures and protections across the enterprise to prevent the recurrence of such an incident.
"We are pleased to report that full operations at our Pensacola site have resumed," said Tim Nicholls, senior vice president, International Paper. "Our primary focus remains on ensuring the health and safety of our employees, contractors and community members – along with providing our customers the excellent service they have come to expect," added Nicholls.
Including capital expenses, the company estimates total costs related to the incident will be between $80 and $120 million. The majority of these costs are expected to be recovered through insurance coverage.
International Paper 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 along with uncoated papers and pulp. To learn more, please visit: internationalpaper.com.
SOURCE: International Paper