International Paper Company (International Paper) is a global producer of renewable fiber-based packaging and pulp products with primary markets and manufacturing operations in North America and Europe and additional markets and manufacturing operations in Latin America, North Africa, and Asia.
In the United States, on December 31, 2024, the company operated 22 pulp and packaging mills, 157 converting and packaging plants, 16 recycling plants and three bag facilities. Production facilities on D...
International Paper Company (International Paper) is a global producer of renewable fiber-based packaging and pulp products with primary markets and manufacturing operations in North America and Europe and additional markets and manufacturing operations in Latin America, North Africa, and Asia.
In the United States, on December 31, 2024, the company operated 22 pulp and packaging mills, 157 converting and packaging plants, 16 recycling plants and three bag facilities. Production facilities on December 31, 2024, in Canada, Europe, North Africa and Latin America included four pulp and packaging mills, 36 converting and packaging plants, and two recycling plants. The company operates a packaging products distribution business principally through six branches in Asia.
In April 2024, International Paper announced a proposed business combination with DS Smith Plc ("DS Smith"), a global packaging, paper and recycling company and leading provider of sustainable fiber-based packaging headquartered in England in an all-stock transaction. On January 24, 2025, the company announced plans to divest plants located in Mortagne, Saint-Amand, and Cabourg (France), Ovar (Portugal) and Bilbao (Spain) in connection with the European Commission’s clearance of the business combination. The business combination closed on January 31, 2025. Further, in October 2024, the company was exploring strategic options for the company’s Global Cellulose Fibers business.
Segments
The company’s businesses are separated into two segments: Industrial Packaging and Global Cellulose Fibers.
Industrial Packaging
The majority of the company’s business is focused on creating fiber-based packaging that protects and promotes goods, enables worldwide commerce and helps keep consumers safe. The company meets its customers’ most challenging sales, shipping, storage and display requirements with sustainable solutions. The company’s U.S. production capacity is approximately 13 million tons annually.
Containerboard includes linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. Approximately 75% of the company’s production is converted into corrugated packaging and other packaging by the company’s 168 North American corrugated packaging plants. Additionally, the company recycles approximately one million tons of OCC and mixed and white paper through its 16 U.S. recycling plants. The company’s corrugated packaging plants are supported by regional design centers, which offer total packaging solutions and supply chain initiatives. In Europe, Middle East and Africa (EMEA), the company’s operations include one recycled fiber containerboard mill in Morocco and one in Spain and 23 corrugated packaging plants in France, Italy, Spain, Morocco and Portugal.
Global Cellulose Fibers
The company creates safe, quality pulp for a wide range of applications like diapers, towel and tissue products, feminine care, incontinence and other personal care products that promote health and wellness. In addition, the company’s specialty pulps serve as a sustainable raw material used in textiles, construction materials, paints, coatings and more. The company’s products are made in the United States and Canada and sold around the world. International Paper facilities have annual dried pulp capacity of about 3 million metric tons.
Discontinued Operations
In 2023, the company completed the sale of its Ilim equity investment.
Marketing and Distribution
The company sells products directly to end users and converters, as well as through agents, resellers, and distributors.
Government Regulations
As a publicly listed company, the company is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended and the Sarbanes-Oxley Act of 2002 (the Sarbanes-Oxley Act), and the listing requirements of the NYSE.
Environmental Protection
The company has been named as a potentially responsible party (PRP) in environmental remediation actions under various federal and state laws, including the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (CERCLA).
History
International Paper Company was founded in 1898. The company, a New York corporation, was incorporated in 1941.