International Paper Reports Strong Industrial Packaging Results for Q1 2013

Printing Papers’ operating profits were $149 million (before and after special items) compared to $147 million (before and after special items) in the fourth quarter of 2012. Lower scheduled maintenance outage expenses in North America and improved operating costs primarily related to the new biomass boiler in Brazil were partially offset by seasonally slow demand, increased export mix and modestly lower North American selling prices.