International Paper Company
International Paper Company, is a global forest products, paper and packaging
company that is complemented by an extensive distribution system, with primary
markets and manufacturing operations in the United States, Canada, Europe, the
Pacific Rim and South America. We are a New York corporation and were incorporated
in 1941 as the successor to the New York corporation of the same name organized
in 1898. Our home page on the Internet is www.internationalpaper.com.
The Company operated 26 pulp, paper and packaging mills, 88 converting and
packaging plants, 25 wood products facilities, and seven specialty chemicals
plants. Production facilities in Europe, Asia, Latin America, South America
and Canada included 10 pulp, paper and packaging mills, 44 converting and packaging
plants, 10 wood products facilities, two specialty panels and laminated products
plants and six specialty chemicals plants. We distribute printing, packaging,
graphic arts, maintenance and industrial products principally through over 270
distribution branches located primarily in the United States. We owned or managed
approximately 8.3 million acres of forestlands in the United States, mostly
in the South, approximately 1.5 million acres in Brazil and had, through licenses
and forest management agreements, harvesting rights on government- owned forestlands
in Canada and Russia. Substantially all of our businesses have experienced,
and are likely to continue to experience, cycles relating to available industry
capacity and general economic conditions.
Carter Holt Harvey, a New Zealand company which is approximately 50.5% owned
by International Paper, operates five mills producing pulp, paper, packaging
and tissue products, 23 converting and packaging plants and 72 wood products
manufacturing and distribution facilities, primarily in New Zealand and Australia.
In New Zealand, Carter Holt Harvey owns or leases approximately 795,000 acres
of forestlands.
For management and financial reporting purposes, our businesses are separated
into six segments: Printing Papers; Industrial and Consumer Packaging; Distribution;
Forest Products; Carter Holt Harvey; and Specialty Businesses and Other.
Competition and Costs
Despite the size of the Company's manufacturing capacities for paper, paperboard,
packaging and pulp products, the markets in all of the cited product lines are
large and highly fragmented. The markets for wood and specialty products are
similarly large and fragmented. There are numerous competitors, and the major
markets, both domestic and international, in which the Company sells its principal
products are very competitive. These products are in competition with similar
products produced by others, and in some instances, with products produced by
other industries from other materials.
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