A floor-care products maker accuses a rack of defendants - including International Paper (IP),...

|About: International Paper Co. (IP)|By:, SA News Editor

A floor-care products maker accuses a rack of defendants - including International Paper (IP), Packaging Corp. of America (PKG), Smurfit-Stone (SSCC) and Temple-Inland (TIN) - of creating an artificial shortage of containerboard, used in boxes. The complaint from Kleen Products says the defendants have 83% of the market and all refrained from increasing production as prices went to nearly $700 per short ton from $450.