International Paper

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International Paper

logo
legal form Corporation
ISIN US4601461035
founding 1898
Seat Memphis , United StatesUnited StatesUnited States 
management Mark S. Sutton ( CEO )
Number of employees 58,000
sales 23,617,000,000 US dollars
Branch Paper and cardboard
Website www.internationalpaper.com
Status: 2014

International Paper ( IP ) is a US company with headquarters in Memphis . The company is listed in the S&P 500 stock index on the New York Stock Exchange and employs almost 60,000 people. International Paper is the world's largest packaging manufacturer and private owner of logging land in the United States.

history

The company was formed in 1898 from the merger of 17 paper and board mills in the northeastern United States.

The company acquired HammerMill Paper Company in 1986 and Masonite Corporation in 1988 . In 1989 International Paper bought the German company Zanders Feinpapiere and the French paper manufacturer Aussedat Rey . International Paper also owns shares in the Chilean company Copec . In 1992 a plant in Kwidzyn was added in Poland .

At the beginning of February 2007, International Paper sold its beverage packaging division, which appears under the new company name Evergreen , to the New Zealand billionaire Graeme Hart . Also in 2007, International Paper founded the Ilim Group joint venture with the Russian Ilim Pulp, into which Ilim Pulp contributed its pulp, paper and wood harvesting activities.

On February 13, 2012, International Paper took over fellow campaigner Temple-Inland , under the condition of selling three corrugated cardboard plants. The company acquired the competitor for $ 32 per share, with a total value of over $ 4.5 billion.

In 2014 the paper wholesale division xpedx was spun off and merged with UWW Holdings. The merged company is now active under the name Veritiv .

Locations and production

International Paper has over 250 production sites worldwide. With annual sales of around US $ 29 billion (2013), the company is the world's largest paper manufacturer, ahead of the American company Kimberly-Clark (around US $ 21 billion) and the Finnish company Stora Enso (around US $ 14 billion), Svenska Cellulosa Aktiebolaget from Sweden (US $ 13.66 billion) and UPM-Kymmene from Finland (US $ 13.35 billion).

International Paper is also the largest producer of plastic dishes and cups that are made for the fast-food chains McDonald’s , Wendy’s and Subway .

criticism

According to a report by the Ukrainian newspaper Kyiv Post , the JAF group is involved in corruption and illegal timber trade with Ukraine. According to the newspaper, the London-based environmental monitoring company Earthsight has found out that the Austrian timber companies Egger, Schweighofer , Kronospan , Lenzing , JAF Group as well as the Swiss company Swiss-Krono and a Polish factory of International Paper are involved in illegal activities related to the import of Ukrainian wood into the EU are involved. The investigation found evidence that roundwood from Ukraine was misleadingly labeled as firewood in customs declarations in order to circumvent the ban on roundwood exports in force since 2015 and the ban on pine wood exports in place since 2017.

Prior to this, journalistic investigations by reporters from the Kiev Post and the project for reporting on organized crime and corruption found evidence of the involvement of the Austrian company Schweighofer in illegal logging in Ukraine. Schweighofer has also called on the European Union to put pressure on the Ukrainian government officials to lift the moratorium, according to the results of the investigation.

According to the latest report by the World Wide Fund for Nature (WWF) , up to a quarter of Carpathian wood is illegally felled - without a permit and in unauthorized areas such as national parks. That corresponds to one million cubic meters of wood per year.

Web links

Individual evidence

  1. a b c Annual Report 2014
  2. Test.de , An overview of the major raw material producers
  3. ^ Website of Ilim Timber , a sister company of the Ilim Group
  4. ^ Memphis Business Journal , International Paper completes Temple-Inland deal
  5. Temple-Inland ( Memento of the original from August 25, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Self-representation  @1@ 2Template: Webachiv / IABot / www.templeinland.com
  6. Global Map of Operations
  7. ^ The largest paper manufacturers , table in Helmut Steuer: diapers instead of newspapers. Handelsblatt August 25, 2015.
  8. UK researchers, Ukraine officials face off over illegal timber exports to EU | KyivPost . In: KyivPost . November 9, 2018 ( kyivpost.com [accessed November 28, 2018]).
  9. Romana Puiulet and Anna Babinets: Clear Cut Crimes. Retrieved November 28, 2018 .
  10. EU presses Ukraine to end lumber export ban - Dec. 09, 2016 . In: KyivPost . December 9, 2016 ( kyivpost.com [accessed November 28, 2018]).