02 February 2012 17:23 [Source: ICIS news]
HOUSTON (ICIS)--Caustic soda consumer International Paper expects improving volumes and stable prices for its products in the first quarter of 2012, the US-based company said on Thursday.
International Paper is a global paper and packaging company, and consumer of large volumes of caustic soda totalling around 400,000 tonnes/year.
In a webcast to discuss fourth-quarter and full-year 2011 earnings and market conditions, as well as its 2012 outlook, International Paper said it sees growth in most of its segments, supported by a gradual economic recovery in the ?xml:namespace>
International Paper earnings in 2011 from continuing operations and before special items were $1.4bn (€1.1bn) compared with $890m in 2010.
Annual sales totalled $26.0bn in 2011 compared with $25.2bn in 2010, with 2011 operating profits at $2.2bn compared with $1.7bn in 2010.
International Paper businesses include uncoated papers and industrial and consumer packaging. The company has manufacturing operations in North America, Europe, Latin America,
($1 = €0.76)
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