Pulp & Paper News

IP’s capital spending may be coming in below $600 million target for 2009



SAN FRANCISCO , Nov. 4, 2009 (RISI) - International Paper (IP) told analysts last week in its conference call that its capital spending for 2009 would come in below its target of $600 million, down from $1.0 billion in 2008 and $1.3 billion in 2007.

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