International Paper (IP) is a leading global producer of renewable fiber-based packaging, pulp, and paper products, with operations in North America, Latin America, Europe, North Africa, Asia, and Russia. IP's products are used in various applications, such as consumer packaging, industrial products, and print papers, to name just a few. The company's notable brands include Hammermill, Accent, Springhill, Great White, and Grandee.
Based in Memphis, Tennessee, International Paper was founded in 1898 through a merger of 18 pulp and paper mills in the northeastern United States. Today, IP is a Fortune 500 company with approximately 54,000 employees working in more than 24 countries.
International Paper is committed to sustainable practices and claims to uphold the principles of the Forest Stewardship Council (FSC), Sustainable Forestry Initiative (SFI), and the Programme for the Endorsement of Forest Certification (PEFC). The company also positions itself at the forefront of utilizing advanced technology in its operations to bolster efficiency, minimize environmental impact, and improve product quality.
In its packaging solutions, IP caters to a broad range of industries from food and beverages to automotive and electronics, producing corrugated boxes, retail displays, bulk bins, and other packaging materials. Meanwhile, in the paper and pulp sector, IP provides printing papers, digital papers, and pulp utilized in everything from personal hygiene products to printing and writing papers.
A keystone of IP's corporate social responsibility is its commitment to safety, recognizing it as "a moral obligation." The company's vision is to achieve an injury-free workplace, emphasizing on providing a safe and healthy work environment for its employees. Moreover, International Paper dedicates significant resources to community engagement initiatives, primarily focusing on education, hunger, health & wellness, and disaster relief.
In terms of financial performance, International Paper has proven its resilience and ability to deliver solid results despite market challenges. As of 2020, the company reported a net sales of $20.58 billion. With its continued commitment to sustainability, safety, and high-quality product offerings whilst navigating dynamic market trends, International Paper stands as a major player in the global paper and packaging industry.