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International Paper
IP · NYSEMaterials · Packaging
The economic chain
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Raw inputs
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AI demand
Raw inputsore, oil, gas, air & landChemicals,metals & gasesrefining & reactingFinishedmaterialspaints, packaging, aggreg…Distribution &logisticshow it gets thereCustomers &end marketswho paysFORManaged forests & landownersOCCRecovered fiber (OCC)CHMStarch, adhesives & chemicalsNRGEnergy (gas & biomass)CBContainerboard millsIPInternational PaperDSSDS SmithBOXCorrugated boxesT&RTrucking & railAMZNAmazonWMTWalmartPGProcter & GambleF&BFood & beverage brandsECME-commerce & retailMFGManufacturers & industry
Company details
Market cap
$20.5B
Revenue (2025)
$23.6B
Rev. growth
+49%
Div yield
~4%
Employees
~39,000
Customers
~8,500
US corrugated share
~1/3
EMEA sales (DS Smith)
~$9B
In plain English
International Paper is the company behind the cardboard box. It turns trees and recycled old boxes into containerboard at its mills, then folds that board into the corrugated packaging that ships almost everything you buy online or off a shelf. After buying Europe's DS Smith in 2025 and selling off its pulp and printing-paper arms, it is now a focused global sustainable-packaging pure-play.
In simple terms
What International Paper really sells
International Paper is the company behind the cardboard box. It turns trees and recycled old boxes into containerboard at its mills, then folds that board into the corrugated packaging that ships almost everything you buy online or off a shelf. After buying Europe's DS Smith in 2025 and selling off its pulp and printing-paper arms, it is now a focused global sustainable-packaging pure-play.
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Risk read
Moderate
SteadierMore speculative
Why this rating?