energy

International Paper to invest $103 million in Cedar River paper mill

International Paper to invest $103 million in Cedar River paper mill

International Paper to invest $103 million to build and operate two natural gas power boilers to generate steam for its containerboard mill in Cedar Rapids, Iowa. Construction is set to be fully operational by the end of 2025.

“Congratulations to the Cedar River Mill team members. This investment is a direct reflection of your hard work and dedication to our customers and reflects the Company’s commitment to the community and our Industrial Packaging business,” said Jay Royalty, Senior Vice President, Containerboard, International Paper. “Thank you also to the City of Cedar Rapids and the State of Iowa for their support and collaboration during the planning phases of this project.”

International Paper is committed to its Vision 2030 target of reducing its enterprise greenhouse gas emissions by 35% by year 2030. This target is verified by the Science Based Target Initiative. The company’s Cedar River containerboard mill’s emissions would be directly reduced by approximately 25% as a result of the replacement of coal-based steam generators in the project.

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