IP's among 45 significant corporations still in Russia - Memphis Local, Sports, Business & Food News | Daily Memphian
![Memphis-based public company Sylvamo Corp. to suspend operations in Russia. Sylvamo's large mill in Svetogorsk, Russia, accounted for roughly 15% of its revenue in FY 2021. - Memphis Business Journal Memphis-based public company Sylvamo Corp. to suspend operations in Russia. Sylvamo's large mill in Svetogorsk, Russia, accounted for roughly 15% of its revenue in FY 2021. - Memphis Business Journal](https://media.bizj.us/view/img/10466883/hammermill-production-ip*1024xx1024-576-0-53.jpg)
Memphis-based public company Sylvamo Corp. to suspend operations in Russia. Sylvamo's large mill in Svetogorsk, Russia, accounted for roughly 15% of its revenue in FY 2021. - Memphis Business Journal
![International Paper Co. (IP) gives update on plans for 50% stake in Russian business; navigates through inflationary, labor challenges in solid quarter - Memphis Business Journal International Paper Co. (IP) gives update on plans for 50% stake in Russian business; navigates through inflationary, labor challenges in solid quarter - Memphis Business Journal](https://media.bizj.us/view/img/12281971/image-from-ios-43*750xx4032-2265-0-138.jpg)