International Paper's Pensacola Mill in Cantonment, Florida, has successfully resumed full operations following a digester incident that occurred on January 22, 2017. The company, with the assistance of independent third-party experts, has implemented enhanced procedures and protections across the enterprise to prevent the recurrence of such an incident.
Including capital expenses, the company estimates total costs related to the incident will be between $80 and $120 million. The majority of these costs are expected to be recovered through insurance coverage.
