The pulp and paper industry is undergoing a significant transformational change. The demand for print paper has decreased as the world has shifted to digital communication; as a result, many manufacturers have consolidated across the globe. Older facilities must now be upgraded with new technology to meet demand for industrial packaging and personal hygiene products, and to comply with environmental, health, and safety regulations. Investing capital effectively is key to achieving success in this competitive marketplace. Having examined thousands of capital projects globally for decades, IPA brings cross-industry expertise to help our pulp and paper clients improve capital effectiveness and remain competitive.