sutton mark IP hands thumb medium300 0IP Packaging sales
and profits plunge

Steep volume declines
plus price disinflation 

International Paper the leading packaging maker, spun off its printer paper division, renamed Sylvamo in Q4'21.  Complacent ceo Mark Sutton
continued to talk reinvention but his new focus is on cutting costs, as it suffered lower volumes exacerbated by price disinflation

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