Ilim Group and International Paper Entered into Agreement
OREANDA-NEWS. July 31, 2012. OJSC Ilim Group and ZAO International Paper have entered into a Supplementary Agreement to the Joint Marketing Agreement of October 4, 2007, under which OJSC Ilim Group grants ZAO International Paper the exclusive right to buy from OJSC Ilim Group, sell and market all uncoated free-sheet offset and office paper (UFS) manufactured by OJSC Ilim Group and its subsidiaries.
A preliminary approval of the Federal Antimonopoly Service of Russian Federation in respect of the Supplementary Agreement has been received.
International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in
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