Endgame home page

Forests & Corporations

Directory of
Transnational Corporations

 

Profile of International Paper

compiled by George Draffan
www.endgame.org

Click here for profile on IP shutting down at home, moving overseas

International Paper Inc., the biggest paper maker in North America, plans to sell off as much as $10 billion in assets, including [6 million acres of] timberlands, beverage packaging and lumber businesses to focus on investing in its main paper and box units. (Bloomberg, Nov 14, 2005).

Corporate headquarters:

Two Manhattanville Rd.
Purchase NY 10577

914-397-1500
914-397-1596 fax

History and operations:

Established as a newsprint producer in 1898; reincorporated with present name in 1941. Early foreign ventures included operations in Canada in 1959; Colombia, Mexico, and Puerto Rico in 1960; and Spain and Italy in 1962. Oil and gas operations from 1975 to 1979. Bought Masonite in 1988. Acquired photographic film, chemicals, and nonwoven fabrics operations in the 1980s. Has 6.4 million acres of timberland and 5.6 million acres of oil, gas, and mineral (lead, zinc, gold, kaolin, and lignite coal) holdings in the U.S. IP has 213 production facilities in 25 countries, and sells products in 130 countries.

IP acquired Champion International in June 2000.

 

Brands and subsidiaries:

Art supplies: Hammermill.

Chemicals: Arizona Chemical (turns pulp process by-products into adhesives, household cleaners, and chemicals), Bergvik Kemi.

Coated papers: Hudson Web, Liberty Web, Zanders.

Graphics boards: Colorbrite.

Containers: Barrier-Pak, ClassicPak, Anvilbox.

Copy papers; Hammermill, Aussedet Rey, Springhill, Great White.

Envelopes: Old Colony, Union, Coast Duplex and Transco.

Folding carton boards: Barrier-Plus, Val-U-Coat.

Food packaging: Akrosil, Nicolet, Thilmany.

Harboard siding and paneling: Masonite, Colorlok.

Hydrocraft.

Magazine papers: Aerial, Aussedet Rey.

Medical products: Davol.

Nonwoven fabrics: Veratec.

Oil and gas exploration and production: GCO Minerals.

Photographic films: Ilford, Anitec.

Photographic plates: Anitex, Horsell.

Pineliner containerboads.

Preprinted linerboards: Pipeliner, ColorBrite.

Printing, writing, and artistic papers: Beckett, Strathmore, Ward.

Silicone coated paper: Akrosil.

Specialty panels: Masonite, Craftmaster, SureWood.


Land and timber ownership:

Acreage

Location

Notes

5,600,000

U.S.

Oil, gas, and mineral holdings (lead, zinc, gold, kaolin, and lignite coal).

 

New Zealand

Pine plantations. Through takeover of Carter Holt Harvey.

6,400,000

U.S.

Timber.

432,000 owned

139,000 rights

U.S. Alabama

Timber.

980,891

U.S. Maine

Timber.In the 1970s, IP owned 1,132,000 acres plus 426,000 acres with other owners.

1,500,000

U.S. Northeast

Timber.

4,200,000

U.S. South

Timber.

4,200,000

U.S. South

Timber.

600,000

U.S. West

Timber.

1,000,000

Chile

Timber.

???

South Africa

 

 

In the early 1980s, IP owned 7.1 million acres in the U.S., (Ellefson and Stone, 1984).

In the 1980s, IP transferred 6 million acres of land to a partnership called IP Timberlands.


Financials:

Sales Net income

(Billions) (Millions)

1997 20.096 -151

1990 12.960 569

1985 4.502 131

 

1996 paper sales: 14.0 billion.

1996 wood sales: 2.7 billion.

Production and facilities:

Number 1 in world paper production, with 8.5 million tons in 1993.

Third largest U.S. lumber producer in 1995, with 1.5 million board feet.

IP has 213 production facilities in 25 countries.

10 sawmills Gurdon, Henderson, and Whelan Springs, Arkanses; Henderson and New oston, Texas; Maplesville and Tuscalossa, Alabama; Madison, New Hampshire; and Sampit, South Carolina. Production 870 mmbf in 1990.

2 softwood plywood mills (Gurdon, Arkansas and Springhill, Louisiana), 1 OSB plant (Nacodoches, Texas). Produced : 731 msf (3/8" basis) in 1990.

Also has hardboard, MDF (Marion SC, Spring Hope NC), insulation board (Lisbon Falls MN, Pilot Rock OR), particleboard (Danville, Stuart, and Wavery VA), and wood treating plants (DeRidder LA, Joplin and Pleasant Hill MO, Mineola TX, Wiggins MS).

Environmental:

In 1993, Conservation International chairman and chief executive officer Patrick Noonan was elected to the board of directors of International Paper (Wall Street Journal, Dec. 16, 1993, p.B6).

One of the top ten polluters in the U.S.

A 1990 U.S. EPA report stated that the cancer risk from dioxin at IP's Georgetown, South Carolina mill was ten times worse than any other paper mill in the U.S.

IP paid $2.2 million for three felonies under the Resource Conservation and Recovery Act (RCRA) for improperly handling hazardous waste (waste solvents and oils, perchloroethylene, methyl ethyl ketone) from 1986-1988 at its Jay, Maine paper mill, and for knowingly making false statements and submitting false documents to federal and state officials.

In 1970 IP ran a two-page magazine ad about "the disposable environment--the kind of fresh thinking we bring to every problem."

See "IP: International Polluters" in the June 1991 Multinational Monitor article by Holly Knaus.

Labor:

87,000 employees in 1996; 82,000 employees in 1997. Has poor reputation for employee health and safety and union relations.

Three strikes at IP plants the late 1980s, including a 16-month bitter strike by 1,250 workers at IP's Jay, Maine paper mill.

See the May 1991 United Paperworkers International Union, Citizens Report on International Paper.

IP's closure of its Temiscaming, Quebec mill was the subject of The Town That Wouldn't Die, a 1973 documentary by the Canadian Film Board.

Exports:

In the early 1990s, IP exported 80 to 100 million board feet of logs annually through the Port of Longview, Washington.