Q3 Paper Outlook — Big Paper Cuts

At the end of April, International Paper announced that it would close its Moss Point, MS, plant at the close of the second quarter. The company says it is closing the mill due to the high costs of running the mill, and the need to better align production with current customer demand. Moss Point produces nearly 200,000 tons of bleached board and bristol papers for products such as greeting cards, paperback book covers, cartons for frozen foods, pharmaceuticals and cosmetics.