# INTERNATIONAL PAPER CO /NEW/

Summary updated: 2026-09-28T11:46:08.446697Z
Canonical: https://finbar.com/research/companies/international-paper-co-new

## Overview

International Paper is a fiber-based packaging company that makes containerboard and corrugated packaging for customers across a range of industries. Its operations are organized into Packaging Solutions North America and Packaging Solutions EMEA, with manufacturing in North America, Latin America, Europe and North Africa. The company’s stated mission is to create sustainable packaging solutions that enable its customers, employees and shareholders to thrive. [1](https://app.finbar.com/go?id=P82997845)[2](https://app.finbar.com/go?id=P8967526)[3](https://app.finbar.com/go?id=P121147575)[4](https://app.finbar.com/go?id=T818705)[5](https://s202.q4cdn.com/314366415/files/doc_financials/2026/ar/IP-2025-Proxy-Statment.pdf)

International Paper reported $23.6 billion in 2025 net sales. Its combination with DS Smith in 2025 expanded its European packaging operations; following the 2026 sale of its Global Cellulose Fibers business, packaging defines its core business. [6](https://app.finbar.com/go?id=T676230)[7](https://www.internationalpaper.com/en-142/DSSmith-combination)[8](https://www.sec.gov/Archives/edgar/data/51434/000162828026003279/ip-20260123.htm)
[1](https://app.finbar.com/go?id=P82997845)[2](https://app.finbar.com/go?id=P8967526)[3](https://app.finbar.com/go?id=P121147575)[4](https://app.finbar.com/go?id=T818705)[4](https://app.finbar.com/go?id=T818705)[6](https://app.finbar.com/go?id=T676230)[5](https://s202.q4cdn.com/314366415/files/doc_financials/2026/ar/IP-2025-Proxy-Statment.pdf)[7](https://www.internationalpaper.com/en-142/DSSmith-combination)[8](https://www.sec.gov/Archives/edgar/data/51434/000162828026003279/ip-20260123.htm)

## Products & services

International Paper produces containerboard grades including linerboard, corrugating medium, whitetop, recycled linerboard, recycled medium and saturating kraft. It converts paper-based materials into corrugated boxes, bulk bins, shipping containers and other packaging for transport, retail and e-commerce. Its corrugated sheets can also be made into recyclable point-of-purchase displays; retail offerings include modular displays. [9](https://app.finbar.com/go?id=P55654164)[10](https://app.finbar.com/go?id=P73261199)[11](https://www.internationalpaper.com/packaging/corrugated-sheets/sheets)[12](https://www.internationalpaper.com/packaging/retail-packaging-and-display/sustainability-on-display)

Other packaging offerings include protective honeycomb structures, solid-fiber products such as tier sheets, slip sheets and pallet caps, and corrugated bag-in-box packaging for liquids. The company also collects and recycles used corrugated containers and other fiber-based materials for reuse in containerboard production. It does not disclose net sales by individual product. Its former cellulose-fibers business, which supplied pulp for absorbent products, was sold in January 2026 and is not part of its current product portfolio. [13](https://www.internationalpaper.com/packaging/corrugated-packaging/transport-shipping)[14](https://www.internationalpaper.com/packaging/solid-fiber)[15](https://www.internationalpaper.com/packaging/corrugated-packaging/bag-in-box)[16](https://www.internationalpaper.com/recycling/recycling-solutions)[17](https://www.sec.gov/Archives/edgar/data/51434/000162828026003279/bluebellclosingpr.htm)
[9](https://app.finbar.com/go?id=P55654164)[10](https://app.finbar.com/go?id=P73261199)[11](https://www.internationalpaper.com/packaging/corrugated-sheets/sheets)[12](https://www.internationalpaper.com/packaging/retail-packaging-and-display/sustainability-on-display)[13](https://www.internationalpaper.com/packaging/corrugated-packaging/transport-shipping)[14](https://www.internationalpaper.com/packaging/solid-fiber)[15](https://www.internationalpaper.com/packaging/corrugated-packaging/bag-in-box)[16](https://www.internationalpaper.com/recycling/recycling-solutions)[17](https://www.sec.gov/Archives/edgar/data/51434/000162828026003279/bluebellclosingpr.htm)

## Geographic presence

International Paper has operations across North America, Latin America, Europe and North Africa, with its principal executive office in Memphis, Tennessee. Its U.S. operations include 15 packaging mills, 159 converting and packaging plants, and 15 recycling plants. Facilities in Europe, North Africa and Latin America include 14 containerboard mills, 159 converting and packaging plants, and 20 recycling plants. [2](https://app.finbar.com/go?id=P8967526)[18](https://app.finbar.com/go?id=T402505)[3](https://app.finbar.com/go?id=P121147575)[19](https://app.finbar.com/go?id=P77164850)[20](https://app.finbar.com/go?id=P51568919)

In 2025, the United States accounted for $14.4 billion, or about 61%, of reported net sales; Europe, the Middle East and Africa (EMEA) accounted for $8.5 billion, or about 36%. The Americas outside the United States contributed $713 million, and the Pacific Rim and Asia contributed $31 million. These figures attribute sales according to the location of the reportable segment making the sale, rather than necessarily the customer’s location. [21](https://app.finbar.com/go?id=T1162951)[22](https://app.finbar.com/go?id=P86367010) At December 31, 2025, International Paper had approximately 62,602 employees, including nearly 30,421 in the United States. [23](https://app.finbar.com/go?id=P119236930)[24](https://app.finbar.com/go?id=P7565602)
[2](https://app.finbar.com/go?id=P8967526)[18](https://app.finbar.com/go?id=T402505)[3](https://app.finbar.com/go?id=P121147575)[19](https://app.finbar.com/go?id=P77164850)[20](https://app.finbar.com/go?id=P51568919)[21](https://app.finbar.com/go?id=T1162951)[21](https://app.finbar.com/go?id=T1162951)[21](https://app.finbar.com/go?id=T1162951)[21](https://app.finbar.com/go?id=T1162951)[21](https://app.finbar.com/go?id=T1162951)[22](https://app.finbar.com/go?id=P86367010)[23](https://app.finbar.com/go?id=P119236930)[24](https://app.finbar.com/go?id=P7565602)

## Business segments

International Paper reports two continuing-operations segments: Packaging Solutions North America and Packaging Solutions EMEA. North America combines its legacy regional industrial-packaging business with DS Smith’s North American operations; EMEA combines the corresponding legacy business with DS Smith’s EMEA operations. Both segments focus on fiber-based packaging, producing containerboard grades such as linerboard and corrugating medium, much of which is converted into corrugated and other packaging. [25](https://app.finbar.com/go?id=P42163937)[26](https://app.finbar.com/go?id=P105533642)[27](https://app.finbar.com/go?id=P50756985)

In 2025, Packaging Solutions North America generated $14.99 billion in sales to external customers, or approximately 63% of consolidated net sales. Packaging Solutions EMEA generated $8.45 billion, or approximately 36%; other sales accounted for the remainder. These are reported-year shares, not a full-year pro forma breakdown of the combined businesses. Global Cellulose Fibers, formerly a separate segment, was classified as a discontinued operation rather than included in these continuing-operations figures. [4](https://app.finbar.com/go?id=T818705)[28](https://app.finbar.com/go?id=P56943803)
[25](https://app.finbar.com/go?id=P42163937)[26](https://app.finbar.com/go?id=P105533642)[27](https://app.finbar.com/go?id=P50756985)[4](https://app.finbar.com/go?id=T818705)[4](https://app.finbar.com/go?id=T818705)[4](https://app.finbar.com/go?id=T818705)[4](https://app.finbar.com/go?id=T818705)[28](https://app.finbar.com/go?id=P56943803)

## Company history

International Paper was incorporated on January 31, 1898, through the combination of 17 pulp and paper mills. It expanded through acquisitions, including Hammermill Paper in 1986 and Champion International in 2000. [29](https://foresthistory.org/wp-content/uploads/2016/11/IP_Short-HIstory-of-International-Paper.pdf)[30](https://www.latimes.com/archives/la-xpm-1986-10-17-fi-5406-story.html)[31](https://www.sec.gov/Archives/edgar/data/51434/000095010300000795/0000950103-00-000795-0008.txt)

In 2005, the company announced a restructuring plan centered on uncoated papers and packaging, with divestitures of other businesses. It subsequently acquired Weyerhaeuser’s containerboard, packaging and recycling business in 2008 and Temple-Inland in 2012, expanding its packaging operations. [32](https://www.sec.gov/Archives/edgar/data/51434/000119312505144233/dex991.htm)[33](https://investor.weyerhaeuser.com/2008-08-04-Weyerhaeuser-Completes-Sale-of-Assets-to-International-Paper)[34](https://www.sec.gov/Archives/edgar/data/51434/000119312512065278/d300926dex991.htm) International Paper spun off its global printing-papers business as Sylvamo in 2021 and combined with DS Smith in 2025. [35](https://www.prnewswire.com/news-releases/international-paper-company-announces-completion-of-sylvamo-corporation-spin-off-301389456.html)[7](https://www.internationalpaper.com/en-142/DSSmith-combination)
[29](https://foresthistory.org/wp-content/uploads/2016/11/IP_Short-HIstory-of-International-Paper.pdf)[30](https://www.latimes.com/archives/la-xpm-1986-10-17-fi-5406-story.html)[31](https://www.sec.gov/Archives/edgar/data/51434/000095010300000795/0000950103-00-000795-0008.txt)[32](https://www.sec.gov/Archives/edgar/data/51434/000119312505144233/dex991.htm)[33](https://investor.weyerhaeuser.com/2008-08-04-Weyerhaeuser-Completes-Sale-of-Assets-to-International-Paper)[34](https://www.sec.gov/Archives/edgar/data/51434/000119312512065278/d300926dex991.htm)[35](https://www.prnewswire.com/news-releases/international-paper-company-announces-completion-of-sylvamo-corporation-spin-off-301389456.html)[7](https://www.internationalpaper.com/en-142/DSSmith-combination)

## Sources

1. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P82997845)
2. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P8967526)
3. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P121147575)
4. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=T818705)
5. [s202.q4cdn.com](https://s202.q4cdn.com/314366415/files/doc_financials/2026/ar/IP-2025-Proxy-Statment.pdf)
6. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=T676230)
7. [www.internationalpaper.com](https://www.internationalpaper.com/en-142/DSSmith-combination)
8. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/51434/000162828026003279/ip-20260123.htm)
9. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P55654164)
10. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P73261199)
11. [www.internationalpaper.com](https://www.internationalpaper.com/packaging/corrugated-sheets/sheets)
12. [www.internationalpaper.com](https://www.internationalpaper.com/packaging/retail-packaging-and-display/sustainability-on-display)
13. [www.internationalpaper.com](https://www.internationalpaper.com/packaging/corrugated-packaging/transport-shipping)
14. [www.internationalpaper.com](https://www.internationalpaper.com/packaging/solid-fiber)
15. [www.internationalpaper.com](https://www.internationalpaper.com/packaging/corrugated-packaging/bag-in-box)
16. [www.internationalpaper.com](https://www.internationalpaper.com/recycling/recycling-solutions)
17. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/51434/000162828026003279/bluebellclosingpr.htm)
18. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=T402505)
19. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P77164850)
20. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P51568919)
21. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=T1162951)
22. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P86367010)
23. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P119236930)
24. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P7565602)
25. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42163937)
26. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P105533642)
27. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P50756985)
28. [INTERNATIONAL PAPER CO /NEW/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P56943803)
29. [foresthistory.org](https://foresthistory.org/wp-content/uploads/2016/11/IP_Short-HIstory-of-International-Paper.pdf)
30. [www.latimes.com](https://www.latimes.com/archives/la-xpm-1986-10-17-fi-5406-story.html)
31. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/51434/000095010300000795/0000950103-00-000795-0008.txt)
32. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/51434/000119312505144233/dex991.htm)
33. [investor.weyerhaeuser.com](https://investor.weyerhaeuser.com/2008-08-04-Weyerhaeuser-Completes-Sale-of-Assets-to-International-Paper)
34. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/51434/000119312512065278/d300926dex991.htm)
35. [www.prnewswire.com](https://www.prnewswire.com/news-releases/international-paper-company-announces-completion-of-sylvamo-corporation-spin-off-301389456.html)

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