| Date | Title | | 08/25/2010 | International Paper Chairman & CEO to Speak at UBS Global Paper and Forest Products Conference| MEMPHIS, Tenn., Aug 25, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) Chairman and Chief Executive Officer John V. Faraci will speak at the UBS Global Paper and Forest Products Conference in New York City on Tuesday, Sept. 14. The presentation is scheduled for 8:45 a.m. EDT, and will be followed by a question and answer session.
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All interested part... |
| | 07/28/2010 | International Paper Reports Significantly Improved Second-Quarter Earnings| Click here for PDF (print version) of release
Solid Revenue Growth, Significant Margin Expansion, Strong Free Cash Flow
MEMPHIS, Tenn., July 28, 2010 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP) today reported preliminary second-quarter 2010 net earnings attributable to common shareholders totaling $93 million ($0.21 per share) compared with a net loss of $162 million ($0.38 per share) in the first quarter of 2010 and net earnings of $136 million ($0.32 per share) in the second... |
| | 07/22/2010 | International Paper to Sell 163,000 Acres of Real Estate Properties| MEMPHIS, Tenn., July 22, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) announced today that it reached agreement to sell 163,000 acres of properties located in the southeastern United States for approximately $200 million in a transaction with an affiliate of Rock Creek Capital (the "Partnership"). A minimum of $160 million will be received at closing, with the balance, plus interest, to be received no later than three years from closing. In addition, IP will receive 20% of the ... |
| | 07/20/2010 | Team from Sweden's Blekinge Institute of Technology Wins Net Impact, International Paper and Staples Competition| Top MBA Students Competed to Uncover Recycling Solutions
SAN FRANCISCO, July 20, 2010 /PRNewswire via COMTEX/ --Net Impact announced the winner for a case competition with International Paper (NYSE: IP), a global leader in the paper and packaging industry, and Staples, Inc. (Nasdaq: SPLS), the world's largest office products company. After a competitive application process, three finalist teams created strategic plans for recovering more paper and packaging from underserved markets, includin... |
| | 07/13/2010 | International Paper Declares Dividends| MEMPHIS, Tenn., July 13, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.125 per share for the period from July 1, 2010, to September 30, 2010, inclusive, on its common stock, par value $1. This dividend is payable on September 15, 2010, to holders of record at the close of business on August 16, 2010.
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T... |
| | 06/30/2010 | International Paper Finalizes Purchase of SCA Packaging Asia Business| Strengthens International Paper's Industrial Packaging Business in Asia
MEMPHIS, Tenn., June 30, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) has completed the purchase of SCA Packaging Asia for approximately US$ 200 million, subject to post-closing adjustments.
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"This acquisition strengthens International Paper's industrial packaging business in... |
| | 06/29/2010 | International Paper To Release Second Quarter 2010 Earnings on Wednesday, July 28| MEMPHIS, Tenn., June 29, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) will release second quarter 2010 earnings on Wednesday, July 28, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions at 9 a.m. EDT (8 a.m. CDT) that day.
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All interested parties are invited to listen to... |
| | 06/23/2010 | International Paper Named to IDG Computerworld's 2010 List of Best Places to Work in Information Technology| MEMPHIS, Tenn., June 23, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) has been named an IDG Computerworld's 2010 Best Places to Work in IT honoree for organizations that challenge their IT staff while providing great benefits and compensation. Honorees will be included in Computerworld's coverage along with results from the 17th annual Best Places to Work in IT survey.
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| | 06/17/2010 | International Paper Helps Printers Sell More Digital Printing with WatchPrintWork(TM) Customizable Video| Supports Printers' On-line Presences on Facebook(TM), Twitter(TM), MySpace(TM) and LinkedIN(TM)
MEMPHIS, Tenn., June 17, 2010 /PRNewswire via COMTEX/ --International Paper today launched WatchPrintWork(TM) at WatchPrintWork.com. The new customizable video offers printers a new, free way to sell their digital printing capabilities through a professionally produced on-line video. Now printers can create their own video to help them promote their variable data printing capabilities to their cust... |
| | 06/01/2010 | Net Impact Teams with International Paper and Staples to Identify Environmental Solutions| Top MBA Students Compete in Competition to Address Recycling Solutions
SAN FRANCISCO, June 1, 2010 /PRNewswire via COMTEX/ --Net Impact today announced the finalist universities for a case competition with International Paper (NYSE: IP), a global leader in the paper and packaging industry, andStaples, Inc. (Nasdaq: SPLS), the world's largest office products company. The innovative collaboration between International Paper, Staples and Net Impact, teamed up MBA students from the Net Impact ne... |
| | 05/25/2010 | Nation's First 'Trashanol' Begins Production in Iowa| Fiberight LLC produces fuel-grade ethanol from International Paper's recycling process organic waste
BLAIRSTOWN, Iowa, May 25, 2010 /PRNewswire via COMTEX/ --In a converted corn ethanol plant 25 minutes from Cedar Rapids, four-story tanks of renewable fuel are quietly bubbling away ready for conversion into fuel-grade ethanol later this week. What makes this fuel special is its main ingredient: instead of corn, Maryland-based Fiberight LLC, has found a way to turn one company's organic waste ... |
| | 05/14/2010 | International Paper CFO to Speak at Goldman Sachs Basic Materials Conference| MEMPHIS, Tenn., May 14, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) Senior Vice President and Chief Financial Officer Tim Nicholls will speak at the Goldman Sachs Basic Materials Conference in New York City on Wednesday, Jun. 2. The presentation is scheduled for 10:00 a.m. EDT, and will be followed by a question and answer session.
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All interested parties are invited to listen to the webcast via the company's In... |
| | 05/12/2010 | International Paper Launches 'Printer's Playbook(TM)' Video Series| Available on Facebook(TM), Twitter(TM) and YouTube(TM)
MEMPHIS, Tenn., May 12, 2010 /PRNewswire via COMTEX/ --International Paper today launched Printer's Playbook(TM) at PrintersPlaybook.com and on various social media platforms. Printer's Playbook(TM) is a series that features videos and content geared toward educating commercial printers, designers, paper merchants and other key stakeholders on a wide array of printing topics. The series will provide expert solutions and advice pertaining ... |
| | 04/29/2010 | International Paper Reports First-Quarter Earnings| Click here for PDF (print version) of release
MEMPHIS, Tenn., April 29 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today reported a preliminary first-quarter 2010 net loss attributable to common shareholders totaling $162 million ($0.38 per share) compared with a loss of $101 million ($0.24 per share) in the fourth quarter of 2009 and net earnings of $257 million ($0.61 per share) in the first quarter of 2009. Amounts in all periods include special items.
... |
| | 04/26/2010 | International Paper Agrees to Purchase SCA's Asia Packaging Business| Strengthens International Paper's current packaging business in Asia
MEMPHIS, Tenn., April 26, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP), a global leader in the paper and packaging industry, today announced it signed a definitive agreement to purchase SCA's packaging business in Asia for $200 million in cash, subject to post-closing adjustments. International Paper expects to complete the purchase in the second quarter of 2010, subject to regulatory approval of the transac... |
| | 04/26/2010 | International Paper Announces Increase in Quarterly Dividend| MEMPHIS, Tenn., April 26, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) announced today that its Board of Directors has approved an increase in its quarterly common stock dividend from two and one-half cents ($0.025) per share to twelve and one-half cents ($0.125) per share, effective for the dividend payable June 15, 2010 to shareholders of record on May 17, 2010.
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"The dividend increase reflects improving global ... |
| | 04/15/2010 | International Paper's 'Down to Earth(TM)' Brochures Available for Co-Branding| Printers, end-users and other organizations can now add their logos and company information to customized versions of brochures in International Paper's popular myth-busting environmental series, "Down to Earth."
MEMPHIS, Tenn., April 15, 2010 /PRNewswire via COMTEX/ --Issues of "Down to Earth(TM)", the environmental educational series from International Paper, are now available for customization by printers, end-users and other organizations that want to add their logo and company informatio... |
| | 04/14/2010 | International Paper and National Park Foundation Launch Commemorative National Park ecotainer Cups| Eight Iconic National Parks Featured on ecotainer Compostable Cups
MEMPHIS, Tenn., April 14, 2010 /PRNewswire via COMTEX/ --Through a partnership with the National Park Foundation, International Paper (NYSE: IP) is launching a series of commemorative national park cups, available for use by parks, concessionaires and others. The cups - International Paper's commercially compostable ecotainer(R) - feature eight different artistic renderings of iconic national parks along with an educational me... |
| | 03/30/2010 | International Paper to Release First Quarter 2010 Earnings on Thursday, April 29| MEMPHIS, Tenn., March 30, 2010 /PRNewswire via COMTEX/ --International Paper (NYSE: IP) will release first quarter 2010 earnings on Thursday, April 29, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions at 10 a.m. EDT (9 a.m. CDT) that day.
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All interested parties are invited to listen to the webcast via the company's Internet site at http://www.inte... |
| | 03/04/2010 | International Paper Launches 'Down to Earth' Website| MEMPHIS, Tenn., March 4, 2010 /PRNewswire via COMTEX/ -- International Paper today launched down2earthonline.com, a new company website featuring information from the well-received Down to Earth(TM) educational series of brochures. The series covers the most important environmental issues and trends in the paper and printing industries and uses facts gathered from reputable sources to address many myths and misperceptions surrounding paper and the environment. For convenience, there is a Media C... |
| | 02/11/2010 | International Paper Announces New Vice President of Environment, Health, Safety and Sustainability| David Kiser To Join IP Effective March 1MEMPHIS, Tenn., Feb 11, 2010 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP) announced today that David Kiser will join the company as vice president, Environment, Health, Safety and Sustainability (EHS&S), effective March 1. Kiser formerly served as vice president and director, Health, Safety, Environment and Sustainability, for Eastman Kodak Company in Rochester, N.Y.
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"We are ... |
| | 02/11/2010 | International Paper Chairman and CEO to Speak at Credit Suisse Global Paper & Packaging Conference| MEMPHIS, Tenn., Feb 11, 2010 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the Credit Suisse Global Paper & Packaging Conference in New York City on Thursday, Feb. 25. The presentation is scheduled for 9:45 a.m. EST and will be followed by a question and answer session.
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All interested parties are invited to listen to the webcast live via International ... |
| | 02/03/2010 | International Paper Reports Fourth-Quarter and 2009 Earnings| Click here for PDF (print version) of release
MEMPHIS, Tenn., Feb 03, 2010 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP) reported preliminary full-year 2009 net earnings attributable to common shareholders totaling $663 million ($1.55 per share) compared with a loss of $1.3 billion ($3.05 per share) in 2008. In the fourth quarter of 2009, the company reported a net loss of $101 million ($0.24 per share) compared with a net loss of $1.8 billion ($4.25 per share) in the fourth quarter... |
| | 01/12/2010 | International Paper Declares Dividends| MEMPHIS, Tenn., Jan 12, 2010 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.025 per share for the period from Jan. 1, 2010, to March 31, 2010, inclusive, on its common stock, par value $1. This dividend is payable on March 15, 2010, to holders of record at the close of business on Feb. 16, 2010.
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The company also declared a regular quarterly dividend of $1 per share for t... |
| | 01/05/2010 | International Paper to Release Fourth-Quarter and Full-Year 2009 Earnings on Wednesday, Feb. 3| MEMPHIS, Tenn., Jan 05, 2010 /PRNewswire-FirstCall via COMTEX/ -- International Paper (NYSE: IP) will release fourth-quarter and full-year 2009 earnings on Wednesday, Feb. 3, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions at 10 a.m. ET (9 a.m. CT) that day.
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All interested parties are invited to listen to the webcast via the company's Internet site ... |
| | 12/16/2009 | International Paper and Fibria Agree to Paper Machine Option Extension| MEMPHIS, Tenn., Dec 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- International Paper (NYSE: IP) and Fibria (formerly Votorantim Celulose e Papel) have agreed to extend IP's option to build a second uncoated freesheet paper machine at the Tres Lagoas mill site. This option, which would have expired on Jan. 31, 2010, has been extended until Jan. 31, 2013.
In 2006, IP entered into a 90-year agreement in which Fibria agreed to furnish pulp and certain utilities to IP's co-located paper mill for t... |
| | 11/30/2009 | International Paper Prices $750 Million of Senior Unsecured Notes|
MEMPHIS, Tenn., Nov. 30 /PRNewswire-FirstCall/ -- International Paper Company (NYSE: IP) today announced that it has priced $750 million of 7.30% senior unsecured notes due 2039. The public offering price of the notes is 99.741%. The offering was made pursuant to an effective shelf registration statement.
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International Paper intends to use the net proceeds from the sale of the notes to repay certain indebtedness and for gener... |
| | 11/02/2009 | International Paper Announces Retirements, New Assignments|
MEMPHIS, Tenn., Nov. 2 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today announced several retirements and new assignments among its senior management.
Printing & Communications Papers and IP Latin America
Wayne Brafford, senior vice president, Printing & Communications Papers, announced his retirement, effective Dec. 31, 2009. With Brafford's retirement, Mark Sutton, currently senior vice president of Global Supply Chain, will become senior vice president, Printing & Communic... |
| | 10/28/2009 | International Paper Reports Solid Third-Quarter Earnings| Click here for PDF (print version) of release
MEMPHIS, Tenn., Oct. 28 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today reported preliminary 2009 third-quarter net earnings attributable to common shareholders of $371 million ($0.87 per share) compared with $136 million ($0.32 per share) in the second quarter of 2009 and $149 million ($0.35 per share) in the third quarter of 2008. Amounts in all periods include special items.
Diluted Earnings Per Shar... |
| | 10/22/2009 | International Paper to Shut Down Three Mills|
MEMPHIS, Tenn., Oct. 22 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today announced plans to close its paper mill and associated operations in Franklin, Va., and its containerboard mills in Pineville, La., and Albany, Ore. The company also announced it would permanently shut down the previously idled No. 3 machine at its Valliant, Okla., containerboard mill. The Valliant Mill's other two machines will continue to operate. These permanent shutdowns will reduce... |
| | 10/13/2009 | International Paper Declares Dividends|
MEMPHIS, Tenn., Oct. 13 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.025 per share for the period from Oct. 1, 2009, to Dec. 31, 2009, inclusive, on its common stock, par value $1. This dividend is payable on Dec. 15, 2009, to holders of record at the close of business on Nov. 16, 2009.
The company also declared a regular quarterly dividend of $1 per share for the period from Oct. 1, 2009, to Dec. 31, 2009, inclusive, on the ... |
| | 10/12/2009 | International Paper Launches New Company Web site|
MEMPHIS, Tenn., Oct. 12 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) is pleased to announce its launch of the newly developed Web site (http://internationalpaper.com) which enables access to solutions for customers around the globe, as well as provides instant access to product and company information.
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As a global leader in paper and packaging products, the Web site provides easy access to IP company informati... |
| | 09/29/2009 | International Paper To Release Third-Quarter Earnings on Wednesday, Oct. 28| MEMPHIS, Tenn., Sept 29, 2009 /PRNewswire-FirstCall via COMTEX/ -- International Paper (NYSE: IP) will release third-quarter 2009 earnings on Wednesday, Oct. 28, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions at 10 a.m. ET (9 a.m. CT) that day.
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All interested parties are invited to listen to the webcast via the company's Internet site at http://ww... |
| | 09/09/2009 | International Paper Chairman and CEO to Speak at UBS Global Paper and Forest Products Conference| MEMPHIS, Tenn., Sept. 9 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the UBS Global Paper and Forest Products Conference in New York City on Wednesday, Sept. 16. The presentation is scheduled for 10:15 a.m. EDT, and will be followed by a question and answer session.
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All interested parties are invited to listen to the webcast live via International Paper's... |
| | 09/01/2009 | International Paper Announces Expiration and Final Results of its Tender Offer for its 7.20% Notes Due 2026 and 5.50% Notes Due 2014| MEMPHIS, Tenn., Sept. 1 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today announced the expiration and final results of its offer to purchase up to the Maximum Tender Amount (as defined below) of its 7.20% Notes Due 2026 (the "7.20% Notes") and its 5.50% Notes Due 2014 (the "5.50% Notes"). The "Maximum Tender Amount" was $432,550,000 in aggregate principal amount, or $1,000,000,000 less the aggregate principal amount of International Paper's 7.40% Notes due 2014 (the "7.40% Notes")... |
| | 08/12/2009 | International Paper Announces Expiration and Final Results of its Tender Offer for Any and All of its 7.40% Notes Due 2014| MEMPHIS, Tenn., Aug. 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the expiration and final results of its offer to
purchase any and all of its 7.40% Notes Due 2014 (the "7.40% Notes").
International Paper refers to its offer to purchase the 7.40% Notes as the
"Any and All Tender Offer."
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As of 5 p.m., ET, on Aug. 11, 2009, the expiration date for the Any and
All Tender Offer, the aggrega... |
| | 08/03/2009 | International Paper Prices $1.0 Billion of Senior Unsecured Notes| MEMPHIS, Tenn., Aug. 3 /PRNewswire-FirstCall/ -- International Paper
Company (NYSE: IP) today announced that it has priced $1.0 billion of 7.500%
senior unsecured notes due 2021. The public offering price of the notes is
99.920%. The offering was made pursuant to an effective shelf registration
statement.
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Concurrent with the commencement of the offering of senior unsecured
notes, International Paper commenced offers ... |
| | 08/03/2009 | International Paper Announces Debt Tender Offers| MEMPHIS, Tenn., Aug. 3 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has commenced cash tender offers to purchase a portion of its
outstanding bonds as described below. The terms and conditions of the tender
offers are described in International Paper's offer to purchase dated Aug. 3,
2009 (the "Offer to Purchase") and related Letter of Transmittal.
International Paper expects to purchase the bonds utilizing the net cash
proceeds from its previously announced offering of un... |
| | 07/30/2009 | International Paper Reports Second-Quarter Earnings| Click here for PDF (print version) of release
MEMPHIS, Tenn., July 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported preliminary 2009 second-quarter net earnings
attributable to common shareholders of $136 million ($0.32 per share) compared
with $257 million ($0.61 per share) in the first quarter of 2009 and $227
million ($0.54 per share) in the second quarter of 2008. Amounts in all
periods include special items.
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| | 07/14/2009 | International Paper Declares Dividends| MEMPHIS, Tenn., July 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.025 per share for
the period from July 1, 2009 to Sept. 30, 2009, inclusive, on its common
stock, par value $1. This dividend is payable on Sept. 15, 2009, to holders of
record at the close of business on Aug. 17, 2009.
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The company also declared a regular quarterly dividend of $1 per share... |
| | 06/30/2009 | International Paper To Release Second-Quarter Earnings on Thursday, July 30| MEMPHIS, Tenn., June 30 /PRNewswire-FirstCall/ --International Paper
(NYSE: IP) will release second-quarter 2009 earnings on Thursday, July 30,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EDT (9
a.m. CDT) that day.
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All interested parties are invited to listen to the webcast via the
company's Internet site at http://www... |
| | 06/24/2009 | 'Are pixels greener than paper?' Down to Earth Brochure, 'Pixels vs. Paper' Provides Some Answers| MEMPHIS, Tenn., June 24 /PRNewswire-FirstCall/ -- More and more people are
communicating with electronic media. But are electronic devices more
environmentally friendly than paper? To address this important question,
International Paper (NYSE: IP) has launched a new brochure in its Down to
Earth environmental series, "Pixels vs. Paper: Are pixels greener than paper?"
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Every decision to communicate has some impact on... |
| | 06/23/2009 | International Paper Establishes World's Largest Forest Stewardship Council Manufacturing Platform| MEMPHIS, Tenn., June 23, 2009 /PRNewswire-FirstCall via COMTEX/ -- Continuing its commitment to provide more certification options for its customers, International Paper (NYSE: IP) today announced the expansion of its Forest Stewardship Council(R) (FSC(R)) Chain-of-Custody certification to include a majority of its U.S. pulp and paper mills and a number of converting facilities across its businesses. The increase establishes the company as having the largest FSC manufacturing platform across the... |
| | 06/02/2009 | International Paper to Host Investor Day on June 9| MEMPHIS, Tenn., June 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) is hosting an Investor Day on Tuesday, June 9 from 8 a.m. to noon
ET in New York City to discuss the company's global strategy and long-term
goals particularly as they relate to the company's Industrial Packaging and
Printing Papers businesses. The event will be hosted by John Faraci, chairman
and CEO, and will include presentations by Tim Nicholls, chief financial
officer; Carol Roberts, senior vice presid... |
| | 05/20/2009 | International Paper Launches ecotainer Compostable Cold Cup| One Billion ecotainer Milestone Surpassed
MEMPHIS, Tenn. -- May 20, 2009 -- To provide a commercially compostable cold cup option for environmentally conscious consumers, International Paper (NYSE: IP) announced today it is expanding its ecotainer® brand of foodservice packaging. A national launch of the product was announced in partnership with Coca-Cola at the National Restaurant Association show in Chicago last weekend. In conjunction with the launch of the new cold cup, the ... |
| | 05/20/2009 | International Paper Announces Final Results of Debt Tender Offer| MEMPHIS, Tenn., May 20, 2009 /PRNewswire-FirstCall via COMTEX/ -- International Paper (NYSE: IP) today announced the final results of its previously announced tender offer for any and all of its outstanding bonds described below.
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The tender offer expired at 5 p.m., ET, on May 19, 2009. As of the expiration of the tender offer, International Paper had received valid tenders, not withdrawn, of $874,452,000 aggregate principal amount... |
| | 05/11/2009 | International Paper Announces Debt Tender Offer| MEMPHIS, Tenn., May 11 /PRNewswire-FirstCall/ - International Paper (NYSE:
IP) has commenced a cash tender offer to purchase any and all of the series of
its outstanding bonds described below. The terms and conditions of the tender
offer are described in International Paper's offer to purchase dated May 11,
2009 (the "Offer to Purchase"). The aggregate principal amount outstanding of
the bonds subject to the tender offer is $1,068,465,000 (excluding accrued
interest, fees and expense... |
| | 05/04/2009 | International Paper Prices $1.0 Billion of Senior Unsecured Notes| MEMPHIS, Tenn., May 4 /PRNewswire-FirstCall/ -- International Paper
Company (NYSE: IP) today announced that it has priced $1.0 billion of 9.375%
senior unsecured notes due 2019. The public offering price of the notes is
97.634%. The offering was made pursuant to an effective shelf registration
statement.
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International Paper intends to use the net proceeds from the sale of the
notes primarily to repay debt.
Citigr... |
| | 04/30/2009 | International Paper Reports First-Quarter Earnings| Click here for PDF (print version) of release
MEMPHIS, Tenn., April 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported preliminary 2009 first-quarter net earnings of $257
million ($0.61 per share) compared with a loss of $1.79 billion ($4.25 per
share) in the fourth quarter of 2008 and earnings of $133 million ($0.31 per
share) in the first quarter of 2008. Amounts in all periods include special
items, including $330 million ($0.78 per share) in the first quar... |
| | 03/30/2009 | International Paper to Release First-Quarter Earnings on Thursday, April 30| MEMPHIS, Tenn., March 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release first-quarter 2009 earnings on Thursday, April 30,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EDT (9
a.m. CDT) that day.
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All interested parties are invited to listen to the webcast via the
company's Internet site at http://w... |
| | 03/24/2009 | International Paper Provides Update on Alternative Fuel Credits| MEMPHIS, Tenn., March 24 /PRNewswire-FirstCall/ -- International Paper
Company (NYSE: IP) announced today that it is updating information related to
alternative fuel credits previously disclosed in the company's 2008 Form 10-K.
The U.S. Internal Revenue Code allows an excise tax credit for alternative
fuel mixtures produced by a taxpayer for sale, or for use as a fuel in a
taxpayer's trade or business.
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In January 20... |
| | 03/13/2009 | International Paper Refinances Euro Term Loan| MEMPHIS, Tenn., March 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- International Paper Company (NYSE: IP) announced today that it raised approximately $470 million from a syndicate of banks to refinance the majority of its euro 500 million bank term loan, which had a maturity date of August 2009. The new term loan matures in March 2012.
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The company used available cash on hand to pay off the remaining loan balance of approximately... |
| | 03/02/2009 | International Paper To Divest 143,000 Acres of Real Estate Properties| MEMPHIS, Tenn., March 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that it plans to divest approximately 143,000 acres
of properties located in the southeastern United States in a transaction with
American Timberlands Fund I, LP (the "Partnership").
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The transaction value is approximately $275 million. International Paper
will sell approximately 114,000 acres to the Partnership for $220 ... |
| | 03/02/2009 | International Paper Announces Reduction in Quarterly Dividend| Company Takes Proactive Step to Increase Financial Flexibility
MEMPHIS, Tenn., March 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that its Board of Directors has reduced the
company's quarterly common stock dividend from twenty-five cents ($0.25) per
share to two and one-half cents ($0.025) per share, effective for the dividend
payable June 15, 2009, to shareholders of record on May 18, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701... |
| | 02/17/2009 | International Paper to Close Inverurie, Scotland, Mill| BRUSSELS, and MEMPHIS, Tenn., Feb. 17 /PRNewswire-FirstCall/ --
International Paper announced today that it will close its Inverurie,
Scotland, Mill by the end of March. A three-month employee consultation
process failed to find a financially viable alternative future for the mill.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The closure removes 250,000 tonnes of uncoated freesheet capacity from
International Paper's European output.
Commenting on the anno... |
| | 01/29/2009 | International Paper to Postpone Investor Day to June 9| MEMPHIS, Tenn., Jan. 29 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that it is rescheduling its previously announced
Investor Day from Feb. 18 to June 9. The company made the decision to postpone
the event, which was originally intended to focus solely on its industrial
packaging business, in order to provide a broader company update.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Attendance will be limited to invited members of the i... |
| | 01/29/2009 | International Paper Reports Fourth-Quarter and 2008 Earnings| THE INFORMATION IN THIS PRESS RELEASE IS NO LONGER CURRENT. PLEASE SEE THE 8-K FILED ON FEBRUARY 26, 2009, AND THE 10-K FOR YEAR ENDED DECEMBER 31, 2008, FOR UPDATED FINANCIAL INFORMATION.
Click here for PDF (print version) of release-->
MEMPHIS, Tenn., Jan. 29 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) preliminary full-year 2008 net earnings totaled $57 million ($0.13
per share) compared with $1.2 billion ($2.70 per share) in 2007. In the fourth
quarter of 2008, the ... |
| | 01/16/2009 | International Paper to Host Investor Day Feb. 18| MEMPHIS, Tenn., Jan. 16 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will host an Investor Day on Feb. 18 from 8 a.m. to 11 a.m. EST in
New York City to discuss the company's global strategy and long-term goals
particularly as they relate to the company's Industrial Packaging business.
The event will be hosted by Chairman and CEO John Faraci and will include
presentations by Chief Financial Officer Tim Nicholls and Senior Vice
President of Industrial Packaging Carol Roberts... |
| | 01/13/2009 | International Paper Declares Dividends| MEMPHIS, Tenn., Jan. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from Jan. 1, 2009, to March 31, 2009, inclusive, on its common
stock, par value $1. This dividend is payable on March 16, 2009, to holders of
record at the close of business on Feb. 16, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regular quarterly dividend of $1 pe... |
| | 01/07/2009 | International Paper to Release Fourth-Quarter and Full-Year 2008 Earnings on Thursday, Jan. 29| MEMPHIS, Tenn., Jan 07, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) will release fourth-quarter and full-year 2008 earnings on
Thursday, Jan. 29, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EST (9 a.m. CST) that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
co... |
| | 11/21/2008 | International Paper Announces Indefinite Closure of its Louisiana Mill| MEMPHIS, Tenn., Nov. 21 /PRNewswire-FirstCall/ -- International Paper
today announced the indefinite closure of its Louisiana Mill in Bastrop. The
decision to idle the 100 percent pulp mill operation is because of the
continuing decline in pulp demand from its customers worldwide coupled with a
weak economy across the globe. The closure will result in curtailment of the
company's annual pulp production capacity by approximately 450,000 tons. The
shutdown process will begin immediately.... |
| | 11/13/2008 | International Paper Announces Permanent Paper Machine Shutdown at Franklin and Downtime at Other Company Paper Mills| Approximately 210,000 tons of uncoated freesheet paper taken out of the
company's U.S. paper mill system
MEMPHIS, Tenn., Nov. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the permanent shutdown of its No. 3 uncoated
freesheet paper machine at its Franklin, Va., Mill. This will result in the
permanent curtailment of the company's annual paper production capacity by
approximately 150,000 tons of uncoated freesheet paper and affect
... |
| | 11/10/2008 | International Paper to Voluntarily Delist Common Stock from Amsterdam and Switzerland Stock Exchanges; Common Stock Remains Listed on New York Stock Exchange| MEMPHIS, Tenn., Nov. 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has initiated the process of voluntarily
delisting the company's common stock from the Euronext Amsterdam and Swiss
stock exchanges due to extremely low trading volumes on these exchanges.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper's shares will remain listed on the New York stock
exchange, the leading stock exchange in the world. The ... |
| | 10/30/2008 | International Paper Reports Solid Preliminary Third-Quarter 2008 Results| Click here for PDF (print version) of release
Earnings per share from continuing operations and before special items
were $0.84, up from $0.56 in the second quarter of 2008 and $0.57 in
the 2007 third quarter.
Third-quarter 2008 net earnings totaled $0.35 per share, compared with
net earnings of $0.54 per share in the prior quarter and $0.51 per
share in the third quarter of 2007.
Net sales for the quarter were $6.8 billion, versus $5.8 billion in th... |
| | 10/14/2008 | International Paper Declares Dividends| MEMPHIS, Tenn., Oct. 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from October 1, 2008, to December 31, 2008, inclusive, on its
common stock, par value $1. This dividend is payable on December 15, 2008, to
holders of record at the close of business on November 17, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regular quarterly divi... |
| | 10/03/2008 | International Paper to Release Third-Quarter 2008 Earnings Thursday, Oct. 30| MEMPHIS, Tenn., Oct. 3 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release third-quarter 2008 earnings on Thursday, Oct. 30,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EDT
(9 a.m. CDT) that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.... |
| | 10/01/2008 | International Paper Announces Paper Machine Shutdown| ALBANY, Ore., Oct. 1 /PRNewswire-FirstCall/ -- Today, International Paper
(NYSE: IP) announced plans to shut down its No. 2 paper machine at the Albany
Mill in Oregon as of Oct. 5, for a minimum of three months. This machine
produces approximately 250,000 tons annually of containerboard, used to make
corrugated packaging. Approximately 40 people's jobs will be impacted by the
shutdown.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"We don't underestimate the im... |
| | 09/09/2008 | International Paper Announces Paper Machine Shutdown| VALLIANT, Okla., Sept. 9 /PRNewswire-FirstCall/ -- Today, International
Paper (NYSE: IP) announced plans for an indefinite shutdown of its No. 3 paper
machine at the Valliant Mill in Oklahoma as of Nov. 1. This machine produces
approximately 430,000 tons annually of containerboard, used to make corrugated
packaging.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"The decision to shut down this machine will enable us to match our
production to our customer needs a... |
| | 09/03/2008 | International Paper Completes Sale of Mineral Rights to Chesapeake Energy Corporation for Approximately $263 Million| MEMPHIS, Tenn., Sept 03, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) announced today that it has completed the sale of approximately
13,000 net acres of subsurface mineral rights located in the Haynesville Shale
natural gas formation in northwest Louisiana to Chesapeake Energy Corporation
(NYSE: CHK) for approximately $263 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"We will continue to look for opportunities to monetize... |
| | 08/18/2008 | International Paper Chairman and CEO to Speak at UBS Global Paper and Forest Products Conference| MEMPHIS, Tenn., Aug 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
UBS Global Paper and Forest Products Conference in New York City on Tuesday,
Sept. 16, at 9:15 a.m. EDT. Mr. Faraci will discuss the company's global
platform businesses.
All interested parties are invited to listen to the webcast live via
International Paper's Internet site http://www.internationalpaper.com by
... |
| | 08/04/2008 | International Paper Finalizes Purchase of Weyerhaeuser's Packaging Assets| Creates premier containerboard business with expanded mill and converting
presence in key geographies
MEMPHIS, Tenn., Aug. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the purchase of the assets of Weyerhaeuser's
Containerboard, Packaging and Recycling (CBPR) business for approximately $6
billion in cash, subject to post-closing adjustments.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Because the transacti... |
| | 07/31/2008 | International Paper Agrees to Sell Mineral Rights to Chesapeake Energy Corporation for Approximately $263 Million| MEMPHIS, Tenn., July 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) has agreed to sell approximately 13,000 net acres of subsurface
mineral rights located in the Haynesville Shale natural gas formation in
northwest Louisiana to Chesapeake Energy Corporation (NYSE: CHK) for
approximately $263 million, subject to various adjustments at closing. The
transaction is expected to close in late August.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080731/C... |
| | 07/31/2008 | International Paper Reports Preliminary Second Quarter 2008 Results; Highest Second Quarter Since 2000, Despite Cost Pressures| Click here for PDF (print version) of release
Earnings per share from continuing operations and before special items were $0.56 up from $0.41 in the first quarter of 2008 and $0.52 in the 2007 second quarter.
Second-quarter 2008 net earnings totaled $0.54 per share, compared with net earnings of $0.31 per share in the prior quarter and $0.44 per share in the second quarter of 2007.
Net sales for the quarter were $5.8 billion, versus $5.7 billion in the first quarter and $5.3 billion in t... |
| | 07/08/2008 | International Paper Declares Dividends| MEMPHIS, Tenn., July 8, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from July 1, 2008, to September 30, 2008, inclusive, on its common
stock, par value $1. This dividend is payable on September 15, 2008, to
holders of record at the close of business on August 18, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regul... |
| | 07/07/2008 | International Paper Elects Stacey J. Mobley to its Board of Directors| MEMPHIS, Tenn., July 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced the election of Stacey J. Mobley to its board of
directors, effective today.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Stacey has had a distinguished 36-year career at DuPont that included
serving in the Office of the Chief Executive, which has responsibility for
strategic direction and operations of all the company's businesses," said John
Faraci, International Paper... |
| | 06/30/2008 | International Paper To Release Second Quarter 2008 Earnings Thursday, July 31| MEMPHIS, Tenn., June 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release second-quarter 2008 earnings on Thursday, July 31,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. Eastern
Time that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.i... |
| | 05/29/2008 | International Paper Prices $3 Billion of Senior Unsecured Notes| MEMPHIS, Tenn., May 29 /PRNewswire-FirstCall/ -- International Paper
Company (NYSE: IP) today announced that it has priced $1 billion of 7.40%
senior unsecured notes due 2014, $1.7 billion of 7.95% senior unsecured notes
due 2018, and $300 million of 8.70% senior unsecured notes due 2038. The
offering was made pursuant to an effective shelf registration statement.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper intends to use the net proceeds f... |
| | 05/28/2008 | International Paper CFO to Speak at 3rd Annual JPMorgan Basics & Industrials Conference| MEMPHIS, Tenn., May 28 /PRNewswire-FirstCall/ -- International Paper
Company (NYSE: IP) Chief Financial Officer Timothy Nicholls will speak at the
3rd Annual JPMorgan Basics & Industrials Conference in New York City on
Wednesday, June 4, at 11:30 a.m. EDT. Mr. Nicholls will discuss the company's
global platform businesses.
All interested parties are invited to listen to the webcast live via
International Paper's internet site http://www.internationalpaper.com by
clicking on the "... |
| | 05/21/2008 | International Paper to Repair Vicksburg Mill Recovery Boiler| Repairs estimated to take six months
MEMPHIS, Tenn., May 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced plans to repair the recovery boiler at its
Vicksburg, Miss., containerboard mill and to restart the mill once repairs are
complete. The repairs are estimated to take about six months. The boiler has
not been operational since an explosion disabled it on May 3, during the
start-up from the mill's routine annual maintenance outage.
... |
| | 05/12/2008 | International Paper Declares Dividends| MEMPHIS, Tenn., May 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from April 1, 2008, to June 30, 2008, inclusive, on its common
stock, par value $1. This dividend is payable on June 16, 2008, to holders of
record at the close of business on May 23, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regular quarterly dividend of $1 per
s... |
| | 05/05/2008 | U.S. Department of Justice Clears International Paper's Acquisition of Weyerhaeuser Containerboard Packaging & Recycling Business| MEMPHIS, Tenn., May 5 /PRNewswire-FirstCall/ -- The U.S. Department of
Justice has concluded its Hart-Scott-Rodino review of International Paper's
(NYSE: IP) announced acquisition of Weyerhaeuser's containerboard packaging
and recycling business. Regulatory reviews in several other countries are
ongoing. Completion of the transaction is expected to occur in the third
quarter of 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper announced Ma... |
| | 04/30/2008 | International Paper Reports Preliminary First Quarter 2008 Results; Higher Input Costs Offset Pricing Gains| Click here for PDF (print version) of release
Earnings per share from continuing operations and before special items
were $0.41 versus $0.69 in the fourth quarter of 2007 and $0.45 in the
2007 first quarter.
First-quarter 2008 net earnings totaled $0.31 per share, compared with
net earnings of $0.78 per share in the prior quarter and $0.97 per
share in the first quarter of 2007.
Net sales for the quarter were $5.7 billion, versus $5.8 billion ... |
| | 04/03/2008 | International Paper to Release First-Quarter 2008 Earnings Wednesday, April 30| MEMPHIS, Tenn., April 3, 2008 /PRNewswire-FirstCall/ -- International
Paper (NYSE: IP) will release first-quarter 2008 earnings on Wednesday, April
30, before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 9 a.m. Eastern
Time that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http:/... |
| | 03/17/2008 | International Paper Agrees to Purchase Weyerhaeuser's Packaging Business| Click here for PDF(print version) of the release
Click here for PDF(print version) of the Fact Sheet
Creates premier global containerboard business with expanded mill and converting presence in key geographies IP Investor Webcast at 8:30 a.m. Eastern TimeMEMPHIS, Tenn., March 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) has signed an agreement with Weyerhaeuser to purchase its
Containerboard, Packaging and Recycling (CBPR) business for... |
| | 02/07/2008 | International Paper 4th-Quarter 2007 Net Earnings Reach $327 Million| Click here for PDF (print version) of release
2007 Annual Earnings from Continuing Operations Before Special Items Grow
52 Percent to $963 Million
2007 full-year earnings from continuing operations and before special
items total $2.22 per share, up from $1.33 per share in 2006.
Earnings per share from continuing operations and before special items
for the fourth quarter of 2007 grew to $0.69 versus $0.57 in the third
quarter and ... |
| | 01/08/2008 | International Paper Declares Dividends| MEMPHIS, Tenn., Jan. 8 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from Jan. 1, 2008, to March 31, 2008, inclusive, on its common
stock, par value $1. This dividend is payable on March 14, 2008, to holders of
record at the close of business on Feb. 15, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regular quarterly dividend of $1... |
| | 01/07/2008 | International Paper to Release Fourth-Quarter and Full-Year 2007 Earnings Thursday, Feb. 7| MEMPHIS, Tenn., Jan. 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release fourth-quarter and full-year 2007 earnings on
Thursday, Feb. 7, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EST that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://ww... |
| | 12/13/2007 | International Paper to Discuss North American Uncoated Freesheet Market With Investors During Dec. 17 Webcast| MEMPHIS, Tenn., Dec. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Senior Vice President of Printing & Communications Papers Wayne
Brafford will address Credit Suisse and other investors on Monday, Dec. 17 at
1 p.m. EST. Mr. Brafford's webcast remarks will include an overview of supply
and demand dynamics in the North American uncoated freesheet market, followed
by a question-and-answer session.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All in... |
| | 12/11/2007 | International Paper Elects J. Steven Whisler to its Board of Directors| MEMPHIS, Tenn., Dec. 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced the election of J. Steven Whisler to its board of
directors, effective today.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Steven brings extensive international operations and business expertise
to our board," said John Faraci, International Paper's chairman and chief
executive officer. "His long career of leadership at Phelps Dodge and
involvement with other organizati... |
| | 11/26/2007 | International Paper CEO to Speak at 2007 Citi Basic Materials Symposium| MEMPHIS, Tenn., Nov. 26 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
2007 Citi Basic Materials Symposium in New York City on Tuesday, Dec. 4, at
8:50 a.m. EST. Mr. Faraci will discuss the company's global business
platforms.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via
International Paper's Internet site at http://... |
| | 11/06/2007 | International Paper to Convert Louisiana Mill to 100% Pulp| MEMPHIS, Tenn., Nov. 6 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it will invest approximately $10 million to convert
its Louisiana Mill in Bastrop, La., to 100 percent market and fluff pulp
production. Conversion of the mill will begin later this year with equipment
upgrades to be completed by the fall of 2008.
"Moving the mill from paper to pulp production, combined with key cost
reduction measures, makes strategic sense for us," said Wayne Brafford,... |
| | 11/02/2007 | International Paper Preliminary Third Quarter 2007 Results Boosted by Gains in Key Businesses| Click here for PDF (print version) of release
Earnings from Continuing Operations Before Special Items Reach $0.57 Per Share
Earnings per share from continuing operations and before special items
rose to $0.57 from $0.52 in the second quarter of 2007 and $0.45 in the
2006 third quarter.
Third-quarter 2007 net earnings totaled $0.51 per share, compared with
net earnings of $0.44 per share in the prior quarter and $0.46 per share
in the third quarter of 2006.
Ne... |
| | 10/17/2007 | International Paper Board of Directors Announces Annual Director Elections| MEMPHIS, Tenn., Oct. 17 /PRNewswire-FirstCall/ -- The board of directors
of International Paper (NYSE: IP) has authorized an amendment to the company's
certificate of incorporation to declassify the board of directors and to
provide for the annual election of directors. The company's proxy statement
will include a proposal to shareholders, recommended by the board, to approve
the amendment at the 2008 annual shareholders' meeting.
(LOGO: http://www.newscom.com/cgi-bin/prnh/2002070... |
| | 10/15/2007 | International Paper, National Park Foundation & National Recycling Coalition Support National Park 'Zero Waste' Campaign| AUSTIN, Texas, Oct. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP), the National Park Foundation and the National Recycling Coalition
today announced a new pilot program to evaluate ways to limit the impact of
foodservice products in America's national parks. The study, funded in part by
a donation of up to $1 million by International Paper, will commence in the
summer of 2008 and is aimed at moving toward "Zero Waste" across the park
system by identifying best practices i... |
| | 10/09/2007 | International Paper Reduces Third-Quarter Earnings Outlook Due to Shortfall in Land Sales| MEMPHIS, Tenn., Oct. 9 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that third-quarter earnings will be less than
analysts' consensus estimates due to lower land sales than previously
estimated in the quarter. The company continues to expect that third-quarter
earnings will exceed second-quarter earnings of $0.52 per share.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
While the company previously estimated that third-quarter land sa... |
| | 10/09/2007 | International Paper Declares Dividends| MEMPHIS, Tenn., Oct. 9 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from Oct. 1, 2007, to Dec. 31, 2007, inclusive, on its common
stock. This dividend is payable on Dec. 14, 2007, to holders of record at the
close of business on Nov. 16, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO)
Today the company also declared a regular quarterly dividend of $1 per
share for the pe... |
| | 10/05/2007 | International Paper, Ilim Complete Formation of 50:50 Joint Venture| Partners Name Board of Directors, Management Team
MEMPHIS, Tenn. and ST. PETERSBURG, Russia, Oct. 5/PRNewswire-FirstCall/ --
International Paper (NYSE: IP) and Ilim Holding S.A. have completed the
previously announced formation of a 50:50 joint venture, the largest foreign-
domestic alliance in the Russian forest sector. The joint venture will operate
as Ilim Group (Ilim).
(Logo: http://www.newscom.com/cgi-bin/prnh/20071005/CLF023LOGO)
(Logo: http://www.newscom... |
| | 10/04/2007 | International Paper to Release Preliminary Third-Quarter 2007 Earnings Friday, Nov. 2| MEMPHIS, Tenn., Oct. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release preliminary third-quarter 2007 earnings on Friday,
Nov. 2, before the opening of the New York Stock Exchange. The company will
host a webcast to discuss earnings and current market conditions at 10 a.m.
EDT that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.int... |
| | 09/24/2007 | International Paper Begins Production of High Performance Linerboard at Pensacola Mill| PENSACOLA, Fla., Sept. 24 -- International Paper
(NYSE: IP) today announced it has begun production of high-performance
lightweight linerboard at its Pensacola, Fla., mill. Start-up of the project
allows International Paper to economically produce linerboard grades with
greater strength characteristics while using less wood fiber. The company
expects to ramp up machine production during the fourth quarter and estimates
average production of 50 to 60 percent of the machine's capacity... |
| | 09/19/2007 | Tully's Coffee and International Paper Introduce Fully Renewable and Compostable Paper Cup| Specialty Coffee Retailer Introduces 'Green Cup'
SEATTLE, Sept. 19 /PRNewswire-FirstCall/ -- Tully's Coffee Corporation
(Tully's), a fully handcrafted coffee roaster, today became the first major
coffee retailer to adopt a fully renewable and compostable paper cup for its
hot beverages. Tully's has simultaneously established an in-store collection
program to divert the used cups and other compostable food waste from local
landfills to organic composting facilities. Thes... |
| | 09/17/2007 | xpedx and Geodis Forge New Strategic Alliance to Expand Worldwide Logistics Offering| LOVELAND, Ohio and PARIS, Sept. 17 /PRNewswire/ -- xpedx and Geodis, two
major providers of third party logistics services, today announced they have
formed a global strategic alliance that enables both companies to expand their
service and geographic reach for customers worldwide.
(Photos: http://www.newscom.com/cgi-bin/prnh/20070917/CLM035LOGO
xpedx and Geodis provide a complete range of supply chain management
services to some of the world's largest industrial companies, ma... |
| | 09/10/2007 | xpedx to Open New Ryobi Demonstration and Learning Center in Metro Kansas City This October| CHICAGO, Sept. 10 /PRNewswire/ -- xpedx Printing Technologies will open
the first-ever Ryobi press demonstration and learning center on Oct. 22 in
Lenexa, Kansas. Printers are invited to bring their toughest print jobs to
test the capabilities of Ryobi equipment first-hand.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061010/NYTU044LOGO )
The 20,000 square-foot center will provide high-level education and
demonstrations of Ryobi press capabilities, as well as detailed informa... |
| | 08/30/2007 | International Paper CEO to Speak at UBS Global Paper & Forest Products Conference| MEMPHIS, Tenn., Aug. 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
UBS Global Paper & Forest Products Conference in New York City on Wednesday,
Sept. 19, at 10:15 a.m. EDT. Mr. Faraci will discuss the company's global
business platforms.
All interested parties are invited to listen to the webcast live via
International Paper's Internet site at http://www.internationalpaper.com by
clicking on the "Inv... |
| | 08/27/2007 | International Paper Names Thomas A. Cleves Vice President of Investor Relations| MEMPHIS, Tenn., Aug. 27 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced Thomas A. Cleves has been named vice president of
Investor Relations, effective Sept. 1. Cleves will report to Marianne Parrs,
chief financial officer and executive vice president, and will be based in the
company's Memphis, Tenn., headquarters.
"Tom's background within several of International Paper's businesses has
provided him extensive knowledge of the company's portfolio, performan... |
| | 08/24/2007 | International Paper's xpedx Business Completes Acquisition of Central Lewmar, A Leading U.S. Paper & Packaging Distributor| MEMPHIS, Tenn., Aug. 24 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the acquisition of Central Lewmar LLC, one of the
largest privately held paper and packaging distributors in the United States,
from Philadelphia-based private equity firm Chrysalis Capital Partners, Inc.
On August 13, the company announced it had signed an agreement to acquire
Central Lewmar for approximately $185 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
... |
| | 08/24/2007 | International Paper, USW Reach Agreement on Mill Bargaining| MEMPHIS, Tenn., Aug. 24 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has reached a four-year agreement with the
United Steelworkers of America that lays a new framework for bargaining future
local labor contracts at 14 of its U.S. pulp, paper and packaging mills. This
agreement will contribute to a stronger working relationship between
International Paper and the USW as well as to the company's long-term success.
(Logo: http://www.newscom.com/cgi-bi... |
| | 08/17/2007 | International Paper, Ilim Group Agree to Form 50:50 Joint Venture| IP to Purchase 50 Percent Stake in Ilim Holding S.A. for Approximately $650
Million
MEMPHIS, Tenn. and ST. PETERSBURG, Russia, Aug. 17 /PRNewswire-FirstCall/
-- International Paper (NYSE: IP) and Ilim Holding S.A. have signed a
definitive agreement to form a 50:50 joint venture, the largest foreign-
domestic alliance in the Russian forest sector. The joint venture will operate
as Ilim Group (Ilim).
"After extensive negotiations and due diligence... |
| | 08/14/2007 | International Paper Files Updated Financial Statements to Reflect Segment Reporting Changes| MEMPHIS, Tenn., Aug. 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has updated the historical financial
statements included in its 2006 annual report to reflect first-quarter 2007
changes in segment reporting and the adoption of the direct method of
accounting for planned major maintenance expenses.
In connection with sales of businesses under International Paper's
transformation plan and the resulting changes in its business portfolio, the
co... |
| | 08/13/2007 | International Paper's xpedx Business to Acquire Central Lewmar, A Leading U.S. Paper & Packaging Distributor| MEMPHIS, Tenn., Aug. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has agreed to acquire Central Lewmar LLC, one of
the largest privately held paper and packaging distributors in the United
States, from Philadelphia-based private equity firm Chrysalis Capital
Partners, Inc. for approximately $185 million, subject to customary closing
and post-closing conditions. The acquisition is expected to be complete within
30 days.
International Paper's distri... |
| | 08/07/2007 | International Paper Announces Closure Date for Terre Haute Mill| MEMPHIS, Tenn., Aug. 7 /PRNewswire-FirstCall/ -- Following its original
mill closure announcement in May, International Paper (NYSE: IP) today
announced it will officially close its Terre Haute, Ind., containerboard mill
on Oct. 1.
The decision to close the mill was the result of the company's study of
options for strengthening its containerboard business. That study concluded
Terre Haute's limited production capacity hindered the mill's long-term
competitiveness. The company expl... |
| | 08/02/2007 | International Paper Preliminary Second Quarter 2007 Results Up 73 Percent Year Over Year| Click here for PDF (print version) of release
Preliminary Earnings from Continuing Operations Before Special Items of $0.52 Per Share Highest Since 2000
Earnings per share from continuing operations and before special items
rose to $0.52 from $0.45 in the first quarter of 2007 and $0.30 in the
2006 second quarter.
Second-quarter 2007 net earnings totaled $0.44 per share, compared
with net earnings of $0.97 per share in the prior quarter and $0.17
per sh... |
| | 07/31/2007 | International Paper Completes Purchase of Remaining Shares of CMCP for Approximately $40 Million| MEMPHIS, Tenn. and BRUSSELS, Belgium, July 31 /PRNewswire-FirstCall/ --
International Paper today completed the purchase of the remaining shares of
Compagnie Marocaine des Cartons et des Papiers (CMCP). The company announced
on July 12 it had signed an agreement with its joint venture partner Cofipac
to acquire their shares in CMCP for approximately $40 million. The Moroccan
packaging company is now wholly owned by International Paper and will be fully
managed as part of the company's ... |
| | 07/13/2007 | International Paper Names Timothy S. Nicholls Chief Financial Officer As of Dec. 1| MEMPHIS, Tenn., July 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that Timothy S. Nicholls has been elected senior
vice president and chief financial officer, effective Dec. 1, 2007.
"Tim's global business, finance and operations experience make him an
excellent choice to be our next CFO," said International Paper Chairman and
Chief Executive Officer John Faraci. "He will be a strong addition to our
leadership team as we continue to execute our trans... |
| | 07/12/2007 | International Paper Agrees to Purchase Remaining Shares of CMCP, Deal Expected to be Completed Before End of Third Quarter| MEMPHIS, Tenn. and BRUSSELS, Belgium, July 12 /PRNewswire-FirstCall/ --
International Paper today announced the company has signed an agreement with
Cofipac to purchase the remaining shares of its joint venture Compagnie
Marocaine des Cartons et des Papiers (CMCP) in Morocco for approximately US$40
million. As a result, CMCP will be wholly owned by International Paper.
Completion of the transaction is subject to normal closing conditions and is
expected before the end of the third quar... |
| | 07/10/2007 | International Paper Declares Dividends| MEMPHIS, Tenn., July 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from July 1, 2007, to Sept. 30, 2007, inclusive, on its common
stock. This dividend is payable on Sept. 17, 2007, to holders of record at the
close of business on Aug. 15, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regular quarterly dividend of $1 per
share for t... |
| | 07/06/2007 | International Paper to Release Preliminary Second-Quarter 2007 Earnings Thursday, Aug. 2| MEMPHIS, Tenn., July 6 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release preliminary second-quarter 2007 earnings on Thursday,
Aug. 2, before the opening of the New York Stock Exchange. The company will
host a webcast to discuss earnings and current market conditions at 10 a.m.
EST that day.
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalpaper.com by clicking on
the Investor tab and going ... |
| | 06/28/2007 | International Paper Earns Third-Party Certification of its U.S. Paper Mills, Container Plants from the SFI & PEFC Standards for Forest Sustainability| Company to further expand product offerings with Forest Stewardship Council
certification
MEMPHIS, Tenn., June 28 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that its U.S. pulp and paper mills and container
plants are now third-party certified to ensure their products are made from
sustainable wood fiber. The moves are part of the company's commitment to
forest stewardship and providing customers a broad range of products ma... |
| | 06/25/2007 | xpedx Enters Canada; Company is One of Largest U.S. Distributors and Top Supplier to Printers|
Highlights:
New xpedx Canadian national headquarters, 150,000 square foot
distribution facility, and two new paper and graphics stores to open
August 2007 in Toronto.
Additional xpedx locations serving printers in Toronto and across
Canada expected in 2008.
Company also to enter Canada markets for packaging and janitorial-
sanitary supplies and equipment in 2008.
TORONTO and LOVELAND, Ohio, June 25 /PRNewswire/ -- xpedx, a supplier to
the major... |
| | 06/21/2007 | International Paper Forms Office of Sustainability To Champion Company's Conservation, Natural Resources Sustainability Strategies| Dr. Sharon G. Haines Will Lead New Team To Drive Forest & Environmental
Stewardship, Support Customers' Sustainability Goals
MEMPHIS, Tenn., June 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has announced the creation of an Office of Sustainability to
champion company-wide conservation and natural resources stewardship
strategies and to support the environmental goals of our customers.
The Office will focus its efforts around wood fiber, conservation,... |
| | 06/19/2007 | International Paper and The Conservation Fund Recognize Excellence at the 2007 Environmental Excellence Awards| WASHINGTON, June 19 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) and The Conservation Fund today recognized John Tippett, executive
director of Friends of the Rappahannock, and Donald Sprangers, a secondary
school educator at Washington Academy in Maine, for their outstanding efforts
to protect natural resources through leadership in conservation and education
at the International Paper Environmental Excellence Awards.
(Photo: http://www.newscom.com/cgi-bin/prnh/200706... |
| | 06/12/2007 | International Paper Pineville, La., Mill to Remain Operational| MEMPHIS, Tenn., June 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that its Pineville, La., containerboard mill will
remain operational. The decision is the outcome of an extensive two-year study
of options to strengthen the company's North American containerboard business.
The company had explored alternatives, including possible closure, for the
Pineville, La., containerboard mill as part of its transformation plan,
announced in 2005. However, the mi... |
| | 06/05/2007 | International Paper, Ilim Pulp Receive Russian Federal Antimonopoly Service Approval| MEMPHIS, Tenn., June 5 /PRNewswire-FirstCall/ -- International Paper and
Ilim Pulp today announced they have received Russian Federal Antimonopoly
Service (FAS) approval, permitting International Paper to acquire an ownership
interest in Ilim Holding SA.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The approval is an important step in the process of working toward an
agreement to develop a 50:50 joint venture. Negotiations and due diligence are
still ongoing an... |
| | 05/31/2007 | International Paper Chairman and CEO to Speak at JPMorgan Basics & Industrials Conference| MEMPHIS, Tenn., May 31 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
JPMorgan Basics & Industrials Conference at the Sheraton Hotel in New York
City on Tuesday, June 12, at 8:15 a.m. EDT. Mr. Faraci will discuss the
company's global business platforms.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on
the ... |
| | 05/23/2007 | International Paper To Close Terre Haute Mill by Year-End| Memphis, Tenn., May 23, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today announced the company will close its Terre Haute, Ind.,
containerboard mill in the fourth quarter of this year.
"We have been thoroughly studying options for the Terre Haute mill over
the last two years," said Dennis Colley, vice president and general manager of
International Paper's containerboard business. "The mill's relatively small
size and high manufacturing costs hin... |
| | 05/21/2007 | International Paper and Green Mountain Coffee Roasters Receive Specialty Coffee Association of America's 2007 Sustainability Award| MEMPHIS, Tenn. and WATERBURY, Vt., May 21 /PRNewswire-FirstCall/ --
International Paper and Green Mountain Coffee Roasters have been awarded a
2007 Sustainability Award from the Specialty Coffee Association of America
(SCAA), the world's largest coffee trade association. The Sustainability
Awards are given annually to those in the specialty coffee industry that have
created innovative projects to expand and promote sustainability.
(Logo: http://www.newscom.com/cgi-bin/prnh/2002070... |
| | 05/16/2007 | It's in the Paper: As Business Goes Green, Companies Have New Choices for Paper and Print Sourcing| May 30 Chicago seminar targets large and mid-size companies, plus printers, publishers, marketing/ad agencies, graphic designersCHICAGO, May 16, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Too many companies today
overlook one of the simplest routes to environmental stewardship-ensuring that
all printing paper they use is responsibly sourced and produced. With
increasing environmental transparency in the paper and printing industries, it
is now easier than ever for businesses to g... |
| | 05/14/2007 | International Paper Named to 'World's Most Ethical Companies' List by Ethisphere Magazine| MEMPHIS, Tenn., May 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) was named one of the World's Most Ethical Companies by Ethisphere
Magazine, a national publication dedicated to illuminating the important
correlation between ethics and profit. International Paper was recognized for
its strong leadership in ethics and compliance, advancement of industry
discourse on social and ethical issues, and positive engagement in the
communities in which we operate.
"We're ver... |
| | 05/07/2007 | International Paper Declares Dividends| MEMPHIS, Tenn., May 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from April 1, 2007, to June 30, 2007, inclusive on its common
stock. This dividend is payable on June 15, 2007, to holders of record at the
close of business on May 18, 2007.
Today the company also declared a regular quarterly dividend of $1 per
share for the period from April 1, 2007, to June 30, 2007, inclusive, on its
pre... |
| | 05/03/2007 | International Paper Reports Preliminary First Quarter 2007 Results Up 250 Percent From First Quarter 2006| Click here for PDF (print version) of release
Preliminary Earnings from Continuing Operations Before Special Items
Reach Highest First-Quarter Levels Since 2000
Earnings per share from continuing operations and before special
items were $0.45, versus $0.47 in the fourth quarter of 2006 and $0.12
in the 2006 first quarter.
First-quarter 2007 net earnings were $0.97 per share, compared with
net earnings of $4.38 per share in the prior quarter and... |
| | 04/05/2007 | International Paper to Release Preliminary First-Quarter 2007 Earnings Thursday, May 3| MEMPHIS, Tenn., April 5, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) will release preliminary first-quarter 2007 earnings on Thursday,
May 3, before the opening of the New York Stock Exchange. The company will
host a webcast to discuss earnings and current market conditions at 10 a.m.
EDT that day.
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalpaper.com by clicking on
the I... |
| | 04/02/2007 | International Paper Completes Sale of 13 Lumber Mills to West Fraser Timber Co. Ltd. for Approximately $325 Million| MEMPHIS, Tenn., April 2 /PRNewswire-FirstCall/ --International Paper
(NYSE: IP) has completed the sale of 13 lumber mills to West Fraser Timber Co.
Ltd. for approximately $325 million. The sale was announced in November 2006.
The transaction includes lumber mills in Citronelle, Maplesville and
Opelika, Ala.; Leola, Ark.; McDavid and Whitehouse, Fla.; Augusta and
Folkston, Ga.; Armour and Seaboard, N.C.; Newberry, S.C.; and New Boston and
Henderson, Texas. The mills employ approxim... |
| | 04/02/2007 | International Paper Completes Sale of 5 Wood Products Mills to Georgia-Pacific| MEMPHIS, Tenn., April 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the sale of five wood products mills to Georgia-
Pacific Wood Products South LLC for approximately $237 million, including
working capital. The sale was announced in December 2006.
The facilities included in the sale are three plywood and lumber complexes
in Camden, Texas, Springhill, La., and Gurdon, Ark.; a plywood mill in
Corrigan, Texas; and an engineered wood products mill in Thorsby... |
| | 03/28/2007 | Ryobi and xpedx Spotlight Accessibility, Power of High-End Printing; Produce March 2007 Cover of Graphic Arts Monthly Magazine| 'Images spring from the page' - Ryobi's 5-color offset press gives life, texture and dimensionality to cover of GAM's enviro-friendly printing issue
LOVELAND, Ohio, March 28 /PRNewswire/ -- For a compelling example of
state-of-the-art printing today, check out the cover of Graphic Arts Monthly's
March 2007 issue. Until recently, this caliber of print work was not within
reach of most U.S. commercial and in-plant printers, but new and affordable
advances in print technology have chan... |
| | 03/26/2007 | International Paper and Ilim Pulp Apply to Russian Federal Antimonopoly Service to Form Joint Venture| ST. PETERSBURG, Russia, March 26 /PRNewswire-FirstCall/ -- International
Paper (NYSE: IP) and Ilim Holding announced that they have applied to the
Russian Federal Antimonopoly Service (FAS) for approval of the acquisition of
rights that will allow the two companies to jointly make decisions regarding
the enterprises owned by Ilim Holding SA in Russia. The application was filed
today.
Obtaining FAS approval presents the next stage toward establishing a joint
venture between Intern... |
| | 03/14/2007 | International Paper Elects Lynn Laverty Elsenhans to its Board of Directors| MEMPHIS, Tenn., March 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the election of Lynn Laverty Elsenhans to its board
of directors, effective March 15.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Lynn brings global business and manufacturing expertise to our board,"
said John Faraci, International Paper's chairman and chief executive officer.
"A senior executive at Shell, Lynn is highly regarded within industry. Her
accomplish... |
| | 03/08/2007 | International Paper CFO Marianne Parrs to Retire at Year-End| MEMPHIS, Tenn., March 8 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that Marianne Parrs, its executive vice president
and chief financial officer, intends to retire at the end of 2007. Parrs, 62,
joined International Paper in 1974.
"Marianne is a world-class leader and CFO," said John Faraci, chairman and
chief executive officer. "Her business and financial acumen, keen strategic
thinking and analytical skills have made her an invaluable advisor and
c... |
| | 03/07/2007 | International Paper Ranks No. 1 in Forest and Paper Products on FORTUNE's List of America's Most Admired Companies| MEMPHIS, Tenn., March 7, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today announced that it has once again been named by FORTUNE
magazine as the No. 1 company for the Forest and Paper Products sector in
FORTUNE's annual report of "America's Most Admired Companies." The company
also earned the eighth highest score out of more than 300 companies surveyed
nationally in the area of Social Responsibility.
The survey assessed companies on eight key att... |
| | 03/06/2007 | xpedx Expands Custom Branding, Supply Chain Services for Retailers|
From design to in-store delivery, xpedx provides not-for-resale goods and
tailored services to retailers seeking to enrich their customers' brand
experience
Will discuss offering at GlobalShop 2007 in Las Vegas March 7-9
LAS VEGAS, March 6 /PRNewswire/ -- Most global retailers today want to
deepen their brand's relationship with customers-and they know the importance
of not-for-resale in accomplishing that goal.
But when it comes... |
| | 03/05/2007 | North American Retailers Can Save Millions Annually by Outsourcing Not-for-Resale Operations, says xpedx| Supply chain specialist says many retailers can greatly improve, streamline their procurement, distribution and management of not-for-resale goods
LAS VEGAS, March 5 /PRNewswire/ -- Many North American retailers continue
to spend too much money and time handling the procurement, distribution and
management of their not-for-resale items, needlessly hurting the bottom line
and draining resources from the retailer's core job of merchandise sales.
That view comes from xpedx, one of Nor... |
| | 02/28/2007 | International Paper Completes Sale of Arizona Chemical to Rhone Capital for Approximately $485 Million| MEMPHIS, Tenn., Feb. 28 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today completed the sale of its Arizona Chemical business to Rhone
Capital III L.P. for approximately $485 million. In addition, International
Paper will acquire a minority interest of approximately 10 percent in the
acquisition vehicle to be formed by Rhone Capital.
Arizona Chemical (www.arizonachemical.com) has been a global leader in
pine chemistry for more than 75 years. The company is headquartere... |
| | 02/20/2007 | International Paper and The Conservation Fund Accepting Online Nominations for Conservation Partnership and Environmental Education Awards| MEMPHIS, Tenn., Feb. 20 /PRNewswire-USNewswire/ -- International Paper and
The Conservation Fund will provide national recognition and $10,000 cash
grants to two conservation/environmental education leaders at an awards
ceremony in Washington, D.C., this summer. International Paper, one of the
world's largest forest products companies, partners each year with The
Conservation Fund, a non-profit organization seeking sustainable conservation
solutions for the 21st Century, to sponsor the... |
| | 02/13/2007 | International Paper Declares Dividends| MEMPHIS, Tenn., Feb. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from Jan. 1, 2007, to March 31, 2007, inclusive on its common
stock. This dividend is payable on March 15, 2007, to holders of record at the
close of business on Feb. 16, 2007.
Today the company also declared a regular quarterly dividend of $1 per
share for the period from Jan. 1, 2007, to March 31, 2007, inclusive, on its
p... |
| | 02/05/2007 | xpedx Reports $1.2 Billion in 2006 E-Commerce Sales| Highlights:
- North American Industrial Distributor Recorded More than 5.5 Million Orders Electronically in 2006; Sales Up 35% Over Prior Year
- Company Sees More E-Commerce Growth in 2007 From Customers Across North America and Worldwide
LOVELAND, Ohio, Feb. 5 /PRNewswire/ -- xpedx today announced it posted $1.2 billion in e-commerce sales in 2006, up 35% over the prior year. The company said volume in the second half of the year was especially strong as a gr... |
| | 02/01/2007 | International Paper Reports Preliminary 2006 Results With Earnings from Continuing Operations Before Special Items of $1.33 Per Share| Click here for PDF (print version) of release
2006 full-year earnings from continuing operations and before special
items totaled $1.33 per share, versus $0.70 per share in 2005.
Earnings per share from continuing operations and before special items
for the fourth quarter of 2006 were $0.47 versus $0.40 in the third
quarter and $0.04 in the 2005 fourth quarter.
Quarterly net sales were $5.3 billion versus $5.4 billion in the third
quarter of 2006 and $5.5 b... |
| | 02/01/2007 | International Paper Completes Exchange of Brazilian Assets With VCP| Company assumes ownership of world-class Luiz Antonio pulp and paper mill
MEMPHIS, Tenn., Feb. 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has completed its previously announced
exchange of Brazilian pulp and paper assets with Votorantim Celulose e Papel
S.A. (VCP).
As outlined in the agreement between the two companies signed in September
2006, International Paper exchanged its in-progress pulp mill project (with
approximately $1.15 billio... |
| | 01/31/2007 | International Paper Completes Sale of North American Beverage Packaging Operations| MEMPHIS, Tenn., Jan. 31 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today completed the sale of its North American beverage packaging
operations to Carter Holt Harvey Limited for approximately $413 million.
In December 2006, the company agreed to sell its entire beverage packaging
business to New Zealand-based Carter Holt Harvey. The North American portion
of the sale, completed today, represents the majority of the business. The
beverage packaging business also includ... |
| | 01/30/2007 | xpedx is First North American Printing Paper Distributor to Receive Both SFI and FSC Chain-Of-Custody Certifications|
Provides Key Business Advantage to Printers and Their Customers Who Want
Papers Certified by Sustainable Forestry Initiative or Forest Stewardship
Council
Dual Certifications Apply to All xpedx Locations in the U.S.
LOVELAND, Ohio, Jan. 30 /PRNewswire-USNewswire/ -- xpedx today announced
that it has received both Sustainable Forestry Initiative(R) (SFI) and Forest
Stewardship Council(R) (FSC) chain-of-custody certifications. I... |
| | 01/26/2007 | xpedx and Antalis Enter Formal Alliance to Give Customers Worldwide Access, Service for All Paper and Packaging Needs| Highlights:
Two of the world's largest paper and packaging distributors have teamed up to serve customers with international operations;
Alliance enables customers of both companies to get product, local service throughout North America, Europe, Asia, South America and parts of Africa;
Alliance allows xpedx and Antalis customers to increase buying power and easily manage their global spending on paper and packaging-all ... |
| | 01/09/2007 | International Paper to Cease Uncoated Paper Production at Pensacola in April/May; Machine Conversion to Lightweight Linerboard On-Schedule in the Fall| PENSACOLA, Fla. - Jan. 9, 2007 -- International Paper (NYSE:IP) today announced it will discontinue production of uncoated paper at its Pensacola, Fla., Mill in April or May of this year to begin the conversion of its 350,000 ton-per-year uncoated paper machine to a 500,000 ton-per-year lightweight linerboard machine.
Originally, International Paper planned to cease uncoated paper production in July 2007 at the Pensacola mill, but the company moved up the date to provide adequate time to co... |
| | 01/04/2007 | International Paper to Release Fourth-Quarter and Full-Year 2006 Earnings Thursday, Feb. 1| MEMPHIS, Tenn., Jan. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release fourth-quarter and full-year 2006 earnings on
Thursday, Feb. 1, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EST that day.
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalpaper.com by clicking on
the Investor tab and going... |
| | 01/02/2007 | International Paper Completes Sale of Kraft Papers Business to Stone Arcade Acquisition Corp. for Approximately $155 Million| MEMPHIS, Tenn., Jan. 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today closed on the sale of its kraft papers business to Stone
Arcade Acquisition Corp. (OTC Bulletin Board: SCDE) for approximately $155
million and two payments totaling up to $60 million, payable five years from
the close of the transaction, contingent upon business performance. The kraft
papers business includes the Roanoke Rapids, N.C., mill and the Fordyce, Ark.,
Ride Rite(R) dunnage bag plant.
T... |
| | 01/02/2007 | International Paper Strengthens Balance Sheet| Transformation debt reduction totals $6.2 billion U.S. pension contributions total $1 billion
MEMPHIS, Tenn., Jan 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today announced that it has strengthened its balance sheet by more
than $7 billion since undertaking a transformation plan in mid-2005 to become
a more profitable, more focused company.
"Strengthening our balance sheet provides solid positioning as we move
into 2007," said Marianne Parrs, ... |
| | 12/21/2006 | International Paper Agrees to Sell 5 Wood Products Plants to Georgia-Pacific for Approximately $237 Million| MEMPHIS, Tenn., Dec. 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has agreed to sell five wood products mills to Georgia-Pacific for
approximately $237 million, subject to various adjustments at closing.
The facilities included in the sale are three plywood and lumber complexes
in Camden, Texas, Springhill, La., and Gurdon, Ark.; a plywood mill in
Corrigan, Texas; and an engineered wood products mill in Thorsby, Ala. The
mills employ approximately 2,400 people. The s... |
| | 12/21/2006 | International Paper Announces Final Results of Debt Tender Offer| MEMPHIS, Tenn., Dec. 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the expiration, as of 12 midnight, New York City
time, on Dec. 20, 2006, of its offer to purchase a portion of its debt
securities subject to a total purchase price of $2.35 billion, excluding
accrued interest, fees and expenses.
According to information provided by Global Bondholder Services
Corporation, the depositary and information agent for the company's previously
announced tende... |
| | 12/19/2006 | International Paper Agrees to Sell Beverage Packaging, Arizona Chemical Businesses; Sales Valued at $985 Million|
Proceeds from Transformation Divestitures to Date Reach Approximately
$11 Billion
Sale Agreements Announced Today:
Beverage Packaging to Carter Holt Harvey, Ltd., for approximately $500
million
Arizona Chemical to Rhone Capital III L.P. for approximately $485
million
MEMPHIS, Tenn., Dec. 19 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has signed two definitive agreements related to the sales of its
... |
| | 12/18/2006 | International Paper Announces Consideration for Debt Tender Offer| MEMPHIS, Tenn., Dec 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today announced the applicable reference yields and tender offer
consideration for its previously announced debt tender offer. The company has
offered to purchase a portion of its debt securities specified in the table
below, subject to a total purchase price of $2.35 billion, excluding accrued
interest, fees and expenses. The full terms and conditions of the tender offer
are set f... |
| | 12/13/2006 | International Paper Plans to Add Fluff Pulp Capability | MEMPHIS, Tenn.—Dec. 13, 2006—International Paper today announced plans to add fluff pulp capability to its Riegelwood, N.C., pulp and paper mill. The mill expects to begin fluff pulp production in the second half of 2007. Upon completion of the project, the mill will be able to produce 500,000 tons annually of fluff and/or market pulp, as customers' needs require.
In addition to pulp, the mill will continue to make coated board, which is used to make end products such as paper cups & plates, g... |
| | 12/07/2006 | International Paper Announces Preliminary Results of Debt Tender Offer| MEMPHIS, Tenn., Dec. 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that, according to information provided by Global
Bondholder Services Corporation, the depositary and information agent for the
company's previously announced tender offer, an aggregate principal amount of
$3.64 billion of the bonds listed below were validly tendered and not validly
withdrawn on or before 5:00 p.m., New York City time, on Dec. 6, 2006 (the
early tender date for the offer).
... |
| | 12/04/2006 | International Paper Successfully Completes Children’s Center in Svetogorsk, Russia| SVETOGORSK, Leningrad Region, Russia—Dec. 4, 2006—A grand opening of the My Family children's center renovated and refurnished by International Paper, one of the world's largest paper manufacturers, took place today in Svetogorsk.
This is one of the projects of the company's large-scale social program, which started in 2004 with the reconstruction of several wards in the Svetogorsk Municipal Hospital. The My Family center will provide social services for over 300 at-risk families in Svetogor... |
| | 12/04/2006 | International Paper Completes Sale of Polyrey to Illinois Tool Works Inc.| BRUSSELS, Belgium, – Dec. 4, 2006 – International Paper has completed the previously announced sale of its Polyrey business to Illinois Tool Works Inc. (ITW), following approval of the regulatory authorities. Details of the transaction were not disclosed.
Polyrey specializes in the manufacture and marketing of decorative surfaces, such as laminate sheets, boards and engineered components, and has approximately 750 employees in France, Belgium, the United Kingdom and Spain. “Polyrey is a ... |
| | 12/01/2006 | International Paper Marks Major Tree Growing Milestone| MEMPHIS, Tenn., Dec. 1 /PRNewswire-FirstCall/ -- International Paper has
reached a significant milestone -- growing more than 9 billion tree seedlings.
The company started growing tree seedlings in the 1950s and continues to show
its commitment to the environment by producing more trees. IP foresters have
reforested nearly 120,000 acres of land so far this year.
As the world's largest grower of the trees, International Paper produces
more than 300 million hardwood and pine tree see... |
| | 11/29/2006 | International Paper Agrees to Sell 13 Lumber Mills to West Fraser Timber Co. Ltd. for Approximately $325 Million| MEMPHIS, Tenn., Nov. 29 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has signed a definitive agreement to sell 13 lumber mills to West
Fraser Timber Co. Ltd. for approximately $325 million in cash, subject to
certain adjustments. The transaction is expected to close in the first quarter
of 2007, subject to various closing conditions including receipt of regulatory
approvals and other customary conditions.
The transaction includes lumber mills in Citronelle, Maplesville ... |
| | 11/27/2006 | International Paper agrees to sell Amcel to Marubeni Corporation and Nippon Papers Industries Co. Ltd.|
International Paper agrees to sell Amcel to Marubeni Corporation and Nippon Papers Industries Co. Ltd.
SAO PAULO, Brazil—Nov. 27, 2006—International Paper do Brasil signed a memorandum of understanding with Marubeni Corporation and Nippon Papers Industries Co. Ltd. for the sale of Amapá Florestal e Celulose S.A. (Amcel), a subsidiary company that produces and exports wood chips and biomass. The sale is subject to the approval to the companies' boards of directors.
In addition to prod... |
| | 11/27/2006 | International Paper agrees to sell its corrugated packaging businesses in the United Kingdom and Ireland to SAICA | | 11/22/2006 | International Paper Announces Debt Tender Offer| MEMPHIS, Tenn., Nov. 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has commenced a cash tender offer to purchase a portion of its
outstanding bonds. The terms and conditions of the tender offer are described
in an offer to purchase dated Nov. 22, 2006. Pursuant to the tender offer,
International Paper would use up to $2.35 billion in cash (excluding accrued
interest, fees and expenses) to repurchase a portion of its outstanding bonds.
On July 13, the company announce... |
| | 11/15/2006 | International Paper to Host Investor Day Dec. 6| MEMPHIS, Tenn., Nov. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will host an Investor Day Dec. 6 from 1 p.m. to 5 p.m. Eastern Time
at the Waldorf-Astoria Hotel in New York City to discuss the company's
business strategies and transformation plan outlook. Chairman and Chief
Executive Officer John Faraci will host the event, which will include
presentations by many of the company's business executives.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
... |
| | 11/15/2006 | International Paper CEO to Speak at Citigroup Global Paper & Forest Products Conference| MEMPHIS, Tenn., Nov. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
Citigroup Global Paper & Forest Products Conference in New York City on
Thursday, Dec. 7, at 10:15 a.m. Eastern Time. Mr. Faraci will discuss the
company's business strategies and will provide an update on the company's
progress toward key milestones in its transformation plan.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/... |
| | 11/07/2006 | International Paper Helps Customers Achieve Sustainability Improvement Goals| [MEMPHIS, Tenn. – Nov. 7, 2006] – International Paper is introducing a new corrugated packaging solution to help suppliers of leading retailers improve against their sustainability commitments, while reducing their total costs through the supply chain.
International Paper has used proprietary technology to develop a new tool – Box Compression Test Pro™ (BCTPro) – to optimize corrugated packaging solutions for its customers. BCTPro is a tool that analyzes critical supply chain factors to ... |
| | 11/03/2006 | International Paper Completes Sale of 4.2 Million Acres of Forestland to RMS for Approximately $5 Billion| MEMPHIS, Tenn., Nov 03, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) has completed the previously announced sale of 4.2 million acres of
forestland in the Southeastern U.S. and Michigan to an investor group led by
Resource Management Service, LLC (RMS) for approximately $5 billion in cash
and notes, subject to certain post-closing adjustments.
Together with the $1.13 billion sale to TimberStar Southwest completed
earlier this week, 2006 fourth-qua... |
| | 11/02/2006 | Solid Performance from North American Paper, Packaging Businesses Drives International Paper's Preliminary Third Quarter 2006 Earnings| Click here for PDF (print version) of release
Earnings per share from continuing operations and before special items
were $0.39 (including $0.03 from the U.S. coated papers business),
versus $0.40 (including $0.06 from U.S. coated papers) in the second
quarter and $0.27 in the 2005 third quarter.
Third-quarter 2006 net earnings were $0.42 per share, compared with
$0.24 per share in the second quarter and $2.03 per share in the third
quarter of 2005 (... |
| | 11/02/2006 | International Paper Signs Agreement to Sell Polyrey to Illinois Tool Works Inc| International Paper Signs Agreement to Sell Polyrey to Illinois Tool Works Inc.
BRUSSELS, Belgium, – Nov. 2, 2006 – International Paper today announced that it has signed a share purchase agreement to sell its Polyrey business to Illinois Tool Works Inc. (ITW). Among other activities, ITW is an active player worldwide in the decorative surfaces industry through its subsidiaries Wilsonart (USA and internationally), Arborite (Canada) and Resopal (Germany). Completion of the transaction is e... |
| | 10/30/2006 | International Paper Completes Sale of 900,000 Acres of Forestland to TimberStar Southwest for Approximately $1.13 Billion| MEMPHIS, Tenn., Oct. 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the previously announced sale of 900,000 acres of
forestland in Louisiana, Texas and Arkansas to TimberStar Southwest, whose
lead investor is TimberStar, a subsidiary of iStar Financial Inc. (NYSE: SFI),
for approximately $1.13 billion in cash and notes.
The transaction was announced in April 2006 as part of International
Paper's sale of the majority of its U.S. forestlands. In connecti... |
| | 10/25/2006 | International Paper to Host Webcast Today to Discuss Potential Joint Venture in Russia| Click here for PDF (print version) of release
MEMPHIS, Tenn., Oct. 25 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will host a webcast for analysts and investors at 9:30 Eastern Time
today. Chairman and Chief Executive Officer John Faraci will discuss the
company's plans, announced today, for a possible joint venture with Ilim Pulp
in Russia.
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalpaper.com... |
| | 10/25/2006 | International Paper and Ilim Pulp to Pursue Joint Venture in Russia| Click here for PDF (print version) of release
MOSCOW, Oct. 25 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP)
and Ilim Pulp, the largest forest products enterprise in Russia, have signed a
letter of intent to establish a 50-50 joint venture, the largest foreign-
domestic alliance in the Russian forest sector.
The joint venture would be created through International Paper purchasing
a 50-percent equity interest in Ilim Holding. The total valuation of Ilim
Holding in the jo... |
| | 10/10/2006 | International Paper Declares Dividends| MEMPHIS, Tenn., Oct. 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from Oct. 1, 2006, to Dec. 31, 2006, inclusive on its common
stock. This dividend is payable on Dec. 15, 2006, to holders of record at the
close of business on Nov. 17, 2006.
Today the company also declared a regular quarterly dividend of $1 per
share for the period from Oct. 1, 2006, to Dec. 31, 2006, inclusive, on its
pr... |
| | 10/04/2006 | International Paper to Release Third-Quarter 2006 Earnings Thursday, Nov. 2| MEMPHIS, Tenn., Oct. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release third-quarter 2006 earnings on Thursday, Nov. 2,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EST that
day.
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalpaper.com by clicking on
the Investor tab and going to the Present... |
| | 09/26/2006 | International Paper’s Pre-print papers are now PEFC certified | International Paper's Pre-print papers are now PEFC certified
September xxx, 2006 - International Paper, one of the world's largest paper products companies, received the PEFC certification for its offset and pre-print papers produced at the Saillat mill in France.
“The PEFC certification enables consumers to recognize that our paper is manufactured using wood that originates from sustainably managed forests certified by PEFC. We at International Paper, and specifically the Saillat... |
| | 09/19/2006 | International Paper Announces Final Results of Tender Offer| Company Repurchases Approximately $1.385 Billion of its Common Stock
MEMPHIS, Tenn., Sept. 19 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the final results of its modified "Dutch Auction"
tender offer, which expired at 12:00 midnight, New York City time, on
Wednesday, September 13, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper has accepted for purchase 38,465,260 shares of its
common stock at a price o... |
| | 09/19/2006 | International Paper to Strengthen and Expand Focus on Brazilian Uncoated Papers Platform| Company reaches agreement with VCP for asset trade
MEMPHIS, Tenn., Sept. 19 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has entered into an agreement with
Votorantim Celulose e Papel S.A. (VCP) to exchange IP's pulp mill project
being developed in Tres Lagoas, state of Mato Grosso do Sul, Brazil (together
with approximately 100,000 hectares of surrounding forestlands ) for VCP's
Luiz Antonio pulp and uncoated paper mill and approximate... |
| | 09/15/2006 | International Paper Elects David J. Bronczek to its Board of Directors| MEMPHIS, Tenn., Sept. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the election of David J. Bronczek to its board of
directors, effective Oct. 9.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"David brings a breadth of global business and logistics expertise to the
board," said John Faraci, International Paper's chairman and chief executive
officer. "The experience he has amassed throughout his 30 years with FedEx
will bring a... |
| | 09/14/2006 | International Paper Announces Preliminary Results of Tender Offer| Company expects to acquire approximately 38.5 million shares at $36 per share
MEMPHIS, Tenn., Sept. 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the preliminary results of its modified "Dutch
Auction" tender offer, which expired at 12:00 midnight, New York City time, on
Wednesday, Sept. 13.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Based on the preliminary count by the depositary for the tender offer,
International Paper expec... |
| | 09/08/2006 | International Paper CEO to Speak at UBS Global Paper & Forest Products Conference| MEMPHIS, Tenn., Sept. 8 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
UBS Global Paper & Forest Products Conference in New York City on Wednesday,
Sept. 20 at 8:45 a.m. EDT. Mr. Faraci will discuss the company's ongoing
transformation plan as a driver of improved profitability, and will provide an
update on the company's progress toward key milestones in its transformation
plan.
(Logo: http://www.newsco... |
| | 09/01/2006 | International Paper Completes Sale of Brazilian Coated Papers Business to Stora Enso| MEMPHIS, Tenn., Sept. 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the previously announced sale of its Brazilian coated
papers business to Stora Enso Oyj for approximately $420 million, subject to
certain post-closing adjustments. The business includes a coated paper mill
and lumber mill in Arapoti, Parana State, Brazil, as well as 50,000 hectares
(approximately 124,000 acres) of forestland in Parana (These assets were
formerly owned by Inpacel -- Industria... |
| | 08/24/2006 | International Paper Introduces a Food Safety Tracking Feature to its ReadyFill IBC System|
[MEMPHIS, Tenn. – Aug. 24, 2006] – As food manufacturers work to meet tracking and tracing requirements associated with the Food and Drug Association's Bioterrorism Act, International Paper is
making their job easier with the introduction of its food safety feature – ReadyFill™ Tracking System (RTS) – to its ReadyFill IBC System. By packaging liquid food ingredients in ReadyFill IBCs with RTS, food manufacturers can track their products in real-time and access their data any time of day o... |
| | 08/22/2006 | International Paper Agrees to Sell Brazilian Coated Papers Business to Stora Enso for Approximately $415 Million| MEMPHIS, Tenn., Aug. 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has signed a definitive agreement to sell its Brazilian coated
papers business to Stora Enso Oyj for approximately $415 million, subject to
certain post-closing adjustments. The business includes a coated paper mill
and lumber mill in Arapoti, Parana State, Brazil, as well as 50,000 hectares
(approximately 124,000 acres) of forestland in Parana. (These assets were
formerly owned by Inpacel -- Industria de... |
| | 08/15/2006 | International Paper Commences Share Repurchase|
Buyback of Up to 41.7 Million Shares or Approximately
8.4 Percent of Shares Outstanding
Modified 'Dutch Auction' Tender Offer to Commence on Aug. 16
MEMPHIS, Tenn., Aug. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it is commencing a tender offer to purchase up
to approximately 41.7 million shares, or approximately 8.4 percent of its
currently outstanding shares. Under the modified "Dutch Auction" ten... |
| | 08/14/2006 | International Paper Files Updated Financial Statements| MEMPHIS, Tenn., Aug. 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has updated the historical financial
statements included in its 2005 annual report to reflect events occurring in
the first and second quarter of 2006 in connection with the company's ongoing
transformation plan.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company has filed with the Securities and Exchange Commission a Report
on Form 8-K to update the ... |
| | 08/11/2006 | International Paper puts on an Exhibition with its new Springhill® Promotion| [MEMPHIS, Tenn. – Aug. 11, 2006] – If you want your printed work to be daring, amazing and captivating, use Springhill papers from International Paper. The company shows printers and designers the high-flying versatility of Springhill with its latest promotion – The Thrill of Springhill. With its barnstorming theme, the promotion reminds customers of the wide selection of weights, sizes and distinctive colors Springhill offers.
International Paper has the perfect Springhill paper for the job,... |
| | 08/01/2006 | International Paper Completes Sale of Coated and Supercalendered Papers to an Affiliate of Apollo Management L.P.| MEMPHIS, Tenn., Aug 01, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) has completed the previously announced sale of its coated and
supercalendered papers business to CMP Holdings LLC, a subsidiary of Verso
Paper Holdings LLC, an affiliate of Apollo Management L.P., for approximately
$1.4 billion, subject to certain post-closing adjustments. This includes
approximately $30 million in the form of a 10-percent limited partnership
interest in CMP Invest... |
| | 08/01/2006 | Stronger Revenue, Margins Boost International Paper's Preliminary Second Quarter 2006 Earnings| Click here for PDF (print version) of release
Earnings per share from continuing operations and before special items
were $0.41 (including $0.06 from the Coated Papers business), versus
$0.20 in the first quarter and $0.31 in the 2005 second quarter.
Second-quarter 2006 net earnings were $0.24 per share, compared with a
loss of $2.54 per share (reflects a $2.57 per share charge related to
Coated Papers) in the first quarter and earnings of $0.16 per shar... |
| | 07/13/2006 | International Paper Authorizes $3 Billion Share Repurchase Program| Company Further Defines Plans For Strengthening the Balance Sheet, Strategic
Reinvestment
MEMPHIS, Tenn., July 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that its board of directors has authorized a share
repurchase program to acquire up to $3 billion of the company's stock.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The $3 billion share repurchase amounts to approximately 20 percent of the
c... |
| | 07/12/2006 | Corn + Water + Paper = a Revolutionary Eco-Friendly Coffee Cup| Waterbury, VT; Memphis, TN (July 12, 2006) – Green Mountain Coffee Roasters and
International Paper today launched the only all-natural paper hot beverage cup available in
consumer outlets nationwide. In a conventional cup, the inner surface is lined with a petroleumbased
plastic to prevent leaking. The cup unveiled today is lined with a bio-plastic made from a
renewable resource—corn. After use, and under the proper conditions, it will break down into
water, carbon dioxide and organic matt... |
| | 07/11/2006 | International Paper Declares Dividend| MEMPHIS, Tenn., July 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend on the common stock of
the company of $0.25 per share for the period of July 1, 2006, to Sept. 30,
2006, inclusive. The dividend is payable on Sept. 15, 2006, to holders of
record at the close of business on Aug. 18, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share ... |
| | 07/10/2006 | International Paper Announces Additional Manufacturing Facility for Accent® Opaque Papers| [MEMPHIS, Tenn. – July 10, 2006] – International Paper (IP) is expanding production of its Accent® Opaque papers to the company's Courtland, Ala. mill. Courtland is becoming a secondary production facility for Accent Opaque. IP currently produces Accent Opaque solely at its Ticonderoga, N.Y. mill, so this expansion is an addition in production capacity for the opaque grade.
“We believe in the future of Accent Opaque, and this move is evidence of the commitment International Paper has for its ... |
| | 07/05/2006 | International Paper to Release Second-Quarter 2006 Earnings Tuesday, Aug. 1| MEMPHIS, Tenn., July 5 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release second-quarter 2006 earnings on Tuesday, Aug. 1,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EDT that
day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalp... |
| | 06/30/2006 | International Paper releases 2004-2006 Sustainability Update| IP demonstrates leadership through environmental, social sustainability
MEMPHIS, Tenn., June 30 /PRNewswire-FirstCall/ -- Demonstrating its
commitment to clear and transparent reporting of environmental and safety
performance, International Paper (NYSE: IP) has released its 2004-2006
Sustainability Update.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The report details the company's progress in a number of important areas,
including environmental compli... |
| | 06/30/2006 | International Paper Relocates Global Headquarters to Memphis, Tenn.| MEMPHIS, Tenn., June 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has relocated its global headquarters to
Memphis, Tenn., from Stamford, Conn., effective July 1. The company first
announced plans to relocate in August 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper's global headquarters are located at International
Place, 6400 Poplar Ave., Memphis, Tenn., 38197. The company employs
approximately 3,... |
| | 06/27/2006 | International Paper John Dillon Park Celebrates Grand Opening|
Wilderness park designed for people with disabilities opens in the
Adirondacks, showcasing education, recreation and conservation within a
working forest
LONG LAKE, N.Y., June 27 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP), Paul Smith's College and the State of New York today celebrated
the grand opening of International Paper John Dillon Park. The 200-acre
wilderness park, which is expressly designed for people with disabilitie... |
| | 06/26/2006 | International Paper Agrees to Sell kraft papers to Stone Arcade Acquisition Corp.| STAMFORD, Conn., June 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) has signed a definitive agreement to sell its kraft papers business
to Stone Arcade Acquisition Corp. (OTC Bulletin Board: SCDE) for approximately
$155 million in cash, subject to certain closing and post-closing adjustments,
and two payments totaling up to $60 million, payable five years from the close
of the transaction, contingent upon business performance. The kraft papers
bu... |
| | 06/26/2006 | Ryobi Builds a New Printing Press Manufacturing Center in Japan to Meet Growing Demand|
Full Operations By October 2006; U.S. Printers To Benefit
Highlights:
New $17.3 million, 215,000-plus square foot manufacturing facility in
Hiroshima ensures U.S. printers and corporations will have quicker
access to custom-built presses;
Plant expansion driven by strong global demand for Ryobi multi-color
offset presses;
Customers say the 23x29-inch, 6-up press fits 'sweet spot' in busy
commercial and in-plant markets-improves out... |
| | 06/20/2006 | International Paper and The Conservation Fund Recognize and Reward Excellence in Environmental Education and Conservation Partnerships| WASHINGTON, June 20 /PRNewswire-FirstCall/ -- Today International Paper
(NYSE: IP) and The Conservation Fund recognized Keith Kirkland, the executive
director of the Wolf River Conservancy, and Laura Patterson, a sixth-grade
teacher in New Mexico, for their outstanding efforts to protect natural
resources through leadership in conservation and education at the
International Paper Environmental Excellence Awards.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Awa... |
| | 06/20/2006 | International Paper John Dillon Park Celebrates Grand Opening|
Event Details
Date: Tuesday, June 27
Time: 11 a.m.
Location: Dillon Park, NY Rte. 30, near Long Lake, N.Y.
WHAT: International Paper, Paul Smith's College and the State of New York
will celebrate the grand opening of International Paper John Dillon
Park, the first wilderness area designed exclusively for people
with disabilities and their... |
| | 06/19/2006 | International Paper Names Brian N. McDonald Vice President, Investor Relations| STAMFORD, Conn., June 19 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that Brian N. McDonald has been named vice
president, Investor Relations. McDonald will report to Marianne Parrs, chief
financial officer and executive vice president, and will be based in the
company's Memphis, Tenn., headquarters.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Brian brings an excellent depth and breadth of knowledge about
International Paper and ... |
| | 06/16/2006 | Reset Rate Determined and Cash Payment Elected for Purchase of International Paper's Zero Coupon Convertible Debentures Due June 20, 2021| STAMFORD, Conn., June 16 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that the accretion rate on the company's zero
coupon convertible debentures, due June 20, 2021, will be reset at
6.27 percent per year, as determined by the reset rate agent, in accordance
with the terms of the debentures.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company intends to pay $572.76 in cash for debentures that were
validly tendered for purch... |
| | 06/09/2006 | Graphic Designers Show their Colors| International Paper Selects Winners
[MEMPHIS, Tenn. – June 9, 2006] – Graphic Designers from across the U.S. have shown their flowering creativity by entering in International Paper's Accent® Opaque Show Your Colors Contest. Five winners were selected by a panel of judges, from International Paper and Oden Marketing & Design, and determined by originality, creativity and image quality.
The winning photos were submitted by: Laura Kickey, Redhed Graphic Design in (Ambler, Penn.); Jo Reynolds... |
| | 06/06/2006 | International Paper Introduces the Next Generation Carolina®| -->
[MEMPHIS, Tenn. – June 6, 2006] – International Paper enhances its Carolina® brand and announces exciting changes to create the Next Generation Carolina. With the improvements, Carolina Coated Cover that is currently 91 brightness will increase to 94 brightness and 145 CIE whiteness, while shifting to a new and improved blue-white shade. Carolina Ultra light-88 and MD Blanks are increasing to 88 brightness with a neutral-white shade. Customers will experience improved print contrast and s... |
| | 06/05/2006 | International Paper Agrees to Sell Coated & SC Papers Business to an Affiliate of Apollo Management L.P. for Approximately $1.4 Billion| STAMFORD, Conn., June 5 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has signed a definitive agreement to sell its coated and
supercalendered papers business to CMP Holdings LLC, an affiliate of Apollo
Management L.P. for approximately $1.4 billion, subject to certain post-
closing adjustments. The coated and supercalendered papers business includes
four paper mills, located in Jay, Maine; Bucksport, Maine; Quinnesec, Mich.;
and Sartell, Minn., and generated $1.6 billion in... |
| | 05/23/2006 | International Paper Chairman and CEO to Speak at JPMorgan Basics & Industrials Conference| STAMFORD, Conn., May 23 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
JPMorgan Basics & Industrials Conference at the Hilton Hotel in New York City
on Monday, June 5, at 11:30 a.m. EDT. Mr. Faraci will discuss the progress of
the company's transformation plan and strategy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live vi... |
| | 05/10/2006 | International Paper Chief Financial Officer to Speak at Goldman Sachs Basic Materials Conference| STAMFORD, Conn., May 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chief Financial Officer Marianne Parrs will speak at the 2006
Goldman Sachs Basic Materials Conference in New York City on Thursday, May 25,
at 2 p.m. EDT. Ms. Parrs will discuss the progress of the company's
transformation plan and strategy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet si... |
| | 05/08/2006 | International Paper Declares Dividend| STAMFORD, Conn., May 8 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of April 1, 2006, to June 30, 2006, inclusive. The dividend on the
common stock of the company is payable on June 15, 2006, to holders of record
at the close of business on May 19, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share for
... |
| | 05/04/2006 | International Paper Reports Preliminary First Quarter 2006 Earnings| Click here for PDF (print version) of release
Press Release Schedules
Earnings per share from continuing operations and before special items
were $0.19 versus $0.09 in the fourth quarter of 2005 and $0.34 per
share in the 2005 first quarter.
After charges of $2.66 per share for discontinued operations and $0.05
per share for special items, the company reported a 2006 first quarter
net loss of $2.52 per share, compared with a loss of $0.16 in the 2005... |
| | 04/20/2006 | National Partnership Launches Ambitious Portland Recycling Campaign| Recycle an extra four magazines monthly to eliminate them entirely from
Portland landfill
PORTLAND, Ore., April 20 /PRNewswire-FirstCall/ -- The City of Portland
today joined a national recycling campaign designed by global business leaders
Time Inc. and International Paper, along with the National Recycling
Coalition. Dubbed 'ReMix,' (Recycling Magazines is Excellent), the
public-private partnership was created to increase curbside recycling of
magaz... |
| | 04/11/2006 | International Paper Agrees to Sell 275,000 Acres of Adirondack Forestland to Lyme Timber Company for Approximately $137 Million| STAMFORD, Conn., April 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has signed a definitive agreement with The Lyme Timber Company for
the benefit of the Lyme Forest Fund L.P. for the sale of approximately 275,000
acres of forestland in New York's Adirondack Park for approximately $137
million. The sale of forestlands is part of International Paper's previously
announced transformation plan to focus on uncoated papers and industrial and
consumer packaging globally. The L... |
| | 04/05/2006 | International Paper to Release First-Quarter 2006 Earnings Thursday, May 4| STAMFORD, Conn., April 5 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release first-quarter 2006 earnings on Thursday, May 4, before
the opening of the New York Stock Exchange. The company will host a webcast to
discuss earnings and current market conditions at 10 a.m. EDT that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.international... |
| | 04/04/2006 | International Paper Agrees to Sell 5.1 Million Acres of U.S. Forestland For Approximately $6.1 Billion| IP estimates total transformation proceeds could reach $11 billion
STAMFORD, Conn., April 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced definitive agreements with two separate investor
groups under which it will sell a total of approximately 5.1 million acres of
forestlands for aggregate proceeds of approximately $6.1 billion. The sale of
forestlands is part of International Paper's previously announced
transformation plan to focus on uncoated papers ... |
| | 03/29/2006 | International Paper Agrees to Sell 69,000 Acres of Wisconsin Forestland to The Nature Conservancy| STAMFORD, Conn., March 29, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) has agreed to sell 69,000 acres of forestland in Wisconsin to The
Nature Conservancy, as part of IP's larger effort to explore selling some or
all of its U.S. forestland. Proceeds from the sale are expected to total
approximately $83 million. The agreement also includes a fiber supply
agreement.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The "Wild Rivers ... |
| | 03/28/2006 | International Paper, The Nature Conservancy and The Conservation Fund Agree to the Largest Private Land Conservation Sale in the Southern U.S.|
Transaction Includes Nearly 220,000 Acres In 10 Southern States
What: Audio press conference to respond to questions about the
landmark conservation agreement announced today by IP,
TNC and TCF. Open to the media.
When: Tuesday, March 28, 2006 at 12:30 EST/11:30 CST
Who: John V. Faraci, Chairman & CEO of International Paper
Steve McCormick, Chairman of The Nature Conservanc... |
| | 03/28/2006 | International Paper, The Nature Conservancy and The Conservation Fund Protect 218,000 Acres of U.S. Forestland Through Historic Land Acquisition Project| STAMFORD, Conn., March 28 /PRNewswire-FirstCall/ -- International Paper,
The Nature Conservancy and The Conservation Fund have reached an agreement to
protect 218,000 acres of forestlands across 10 states in the single largest
private land conservation sale in the history of the South, and one of the
largest in the nation.
(LOGO: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The Nature Conservancy will acquire more than 173,000 acres in North
Carolina, Virginia, Georg... |
| | 03/23/2006 | International Paper, Sun Paper to form Joint Venture in China| IP to expand global coated paperboard platform to AsiaSHANGHAI, China, March 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) and Shandong Sun Paper Ltd. have agreed to form a 50:50 joint
venture for coated board production in Yanzhou City, Shandong Province. The
companies expect to sign the agreement during a visit to Jinan, the capital
city of Shandong Province, in early April by International Paper Chairman and
CEO John Faraci.
(Logo: http://w... |
| | 03/16/2006 | International Paper Elects John L. Townsend, III to its Board of Directors| STAMFORD, Conn., March 16, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today announced the election of John L. Townsend, III to its board
of directors, effective March 13, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"John brings experience and background in global capital markets that will
add value to our board," said John Faraci, International Paper's chairman and
chief executive officer. "His experience with many comp... |
| | 03/01/2006 | International Paper and The Conservation Fund Accepting Nominations for Conservation Partnership and Environmental Education Awards| STAMFORD, Conn., March 1 /PRNewswire/ -- International Paper (NYSE: IP)
and The Conservation Fund will provide national recognition and $10,000 cash
grants to two conservation/environmental education leaders at an awards
ceremony in Washington, D.C., this summer. IP, one of the world's largest
paper and forest products companies and the largest tree seedling grower
worldwide, partners each year with The Conservation Fund, a non-profit
organization seeking sustainable conservation solut... |
| | 03/01/2006 | International Paper Ranks No. 1 in Forest and Paper Products On FORTUNE's 2006 List of America's Most Admired Companies| STAMFORD, Conn., March 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has once again been named by FORTUNE
magazine as the No. 1 company for the Forest and Paper Products sector in
FORTUNE's annual report of "America's Most Admired Companies." The company
also received the second-highest score of all companies surveyed in the area
of Social Responsibility.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The survey assessed com... |
| | 02/15/2006 | Georgia Governor Sonny Perdue Recognizes International Paper as Forestry for Wildlife Partner for Fourth Consecutive Year| MEMPHIS, Tenn., Feb. 15 /PRNewswire-FirstCall/ -- For the fourth
consecutive year, International Paper has been recognized with a Forestry for
Wildlife Partner award in Georgia. The prestigious award acknowledges the
company's wildlife conservation partnership efforts across the state. The
Forestry for Wildlife Partnership program, administered by the Georgia
Department of Natural Resources and the Wildlife Resources Division, is a
voluntary annual program that promotes blending wildli... |
| | 02/14/2006 | International Paper Chief Financial Officer to Speak at Morgan Stanley Basic Materials Conference| Feb 14, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) Chief Financial Officer Marianne Parrs will speak at the Morgan
Stanley Basic Materials Conference in New York City on Thursday, Feb. 23 at
12:15 p.m. EST. Ms. Parrs will give a brief overview of company operations
and discuss the company's transformation plan.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via th... |
| | 02/14/2006 | International Paper Declares Dividend| STAMFORD, Conn., Feb. 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Jan. 1, 2006, to March 31, 2006, inclusive. The dividend on the
common stock of the company is payable on March 15, 2006, to holders of record
at the close of business on Feb. 17, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share... |
| | 02/02/2006 | International Paper Reports Preliminary 2005 Net Earnings of $2.21 Per Share| Click here for PDF (print version) of release
Earnings Impacted by High Input Costs
Earnings from continuing operations and before special items for the
fourth quarter of 2005 were $0.12 per share versus $0.42 per share in
the 2004 fourth quarter and $0.29 per share in the third quarter 2005.
2005 full-year earnings from continuing operations and before special
items totaled $1.08 per share, versus $1.26 per share in 2004.
Quarterly net s... |
| | 01/04/2006 | International Paper to Release Fourth-Quarter and Full-Year 2005 Earnings Thursday, Feb. 2| STAMFORD, Conn., Jan. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release fourth-quarter and full-year 2005 earnings on
Thursday, Feb. 2, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EST that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://w... |
| | 12/29/2005 | International Paper, The Conservation Fund and State of New York Complete First Phase of State's Largest Conservation Project| STAMFORD, Conn., Dec 29, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP), the State of New York and The Conservation Fund today completed
the first phase of a 257,000-acre Adirondack Park conservation easement, aimed
at providing open-space protection in perpetuity and expanded recreational
opportunities amid working forests.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
This phase of the transaction, the first of three, comprises ap... |
| | 12/15/2005 | International Paper President Robert M. Amen to Retire| STAMFORD, Conn., Dec. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci said today that
Robert M. Amen, president, has announced his decision to retire from the
company after a brief transition period.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Amen has worked for International Paper for 26 years in a number of
capacities, including assignments in many of the company's businesses. "Rob
has been a fr... |
| | 11/23/2005 | International Paper Chairman and Chief Executive Officer to Speak at Citigroup Investor Conference| STAMFORD, Conn., Nov 23, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
Citigroup 10th Annual Global Paper and Forest Products Conference in New York
City on Thursday, Dec. 1, at 8:15 a.m. EST. Mr. Faraci will discuss the
progress of the company's recently-announced transformation plan and strategy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties... |
| | 11/08/2005 | International Paper Announces Revisions to Third-Quarter Preliminary Earnings Due to Change in Income Tax Provision| Click here for PDF (print version) of November 8th press release
Click here for PDF (print version) of the revised October 25th Earnings release
STAMFORD, Conn., Nov. 8 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that its third-quarter 2005 earnings are being
revised from the earnings press release issued Oct. 25 due to changes in
income tax provisions and after-tax amounts, primarily related to the sale of
Carter Holt Harvey shares.
(Logo: http://ww... |
| | 10/25/2005 | International Paper Reports Third-Quarter Net Earnings of $2.07 Per Share| For Revisions to 3rd Quarter Preliminary Earnings, Please See the Revised Press Release
* Net earnings for the quarter were $1.04 billion, up from the previous quarter and from third quarter 2004, principally reflecting a gain on the sale of Carter Holt Harvey shares and a completion of tax audits.
* Earnings per share from continuing operations and before special items were $0.33 per share versus $0.29 in the second quarter of 2005 and $0.40 per share in the 2004 third quarter.
*... |
| | 10/13/2005 | International Paper Names Marianne Parrs Chief Financial Officer| STAMFORD, Conn., Oct 13, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci today announced
the appointment of Marianne Parrs Executive Vice President and Chief Financial
Officer, effective immediately.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Having previously served as our CFO and having served most recently as
interim CFO, Marianne is the right person to lead IP's finance functi... |
| | 10/11/2005 | International Paper Declares Dividend| STAMFORD, Conn., Oct. 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Oct. 1, 2005, to Dec. 31, 2005, inclusive. The dividend on the
common stock of the company is payable on Dec. 15, 2005, to holders of record
at the close of business on Nov. 18, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share f... |
| | 10/10/2005 | International Paper Dedicates John Dillon Park| Park Provides Access to Remote Adirondack Wilderness for People with Disabilities, Blends Accessible Recreation, Conservation & Education Within Working ForestsSTAMFORD, Conn., Oct 10, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) completed the donation of International Paper John Dillon Park, a
15,800-acre conservation easement to the state of New York, today at a
dedication ceremony at the park's welcome center. International Paper Dillon
Park is th... |
| | 10/06/2005 | International Paper Dedicates First-of-its-kind Wilderness Park for People with Disabilities|
Press Event Details
Date: Monday, Oct. 10
Time: 1:15 p.m.
Location: Dillon Park, NY Rte. 30, near Long Lake, N.Y.
International Paper, Paul Smith's College and the state of New York will
celebrate the realization of former IP chairman John T. Dillon's vision for an
Adirondack wilderness available to everyone, with the dedication of John
Dillon Park, the first wilderness area de... |
| | 10/04/2005 | International Paper Completes Acquisition of a Majority Share of CMCP, a Leading Moroccan Corrugated Packaging Company| STAMFORD, Conn. and BRUSSELS, Belgium, Oct. 4 /PRNewswire-FirstCall/ --
International Paper has completed the acquisition of a majority share of
Compagnie Marocaine des Cartons et des Papiers (CMCP), a leading Moroccan
corrugated packaging company. On Sept. 16, the company announced it had signed
an agreement to acquire approximately 65 percent of CMCP, for approximately
$80 million cash plus assumed debt of approximately $40 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/200... |
| | 09/21/2005 | International Paper to Release Third-Quarter 2005 Earnings Tuesday, Oct. 25| STAMFORD, Conn., Sept. 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release third-quarter 2005 earnings on Tuesday, Oct. 25,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EDT that
day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.intern... |
| | 09/21/2005 | IP Completes Sale of Its Carter Holt Harvey Stake to Rank Group| STAMFORD, Conn., Sept. 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the sale of its 50.5-percent stake in Carter Holt
Harvey Ltd. to Rank Group Investments Ltd. for NZ$2.50 per share, per the
lock-in agreement signed by both companies on Aug. 16. Proceeds of the sale
totaled US$1.14 billion, and will be used primarily to reduce debt.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
IP's acceptance of the offer satisfies the minimum shar... |
| | 09/20/2005 | International Paper Names Ann Wrobleski to Replace Lyn Withey as Vice President of Public Affairs| STAMFORD, Conn., Sept. 20 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that Ann Wrobleski will join the company on Oct. 1
and will assume the position of vice president of public affairs following a
one-month transition. Wrobleski will manage the company's public affairs
activities, identifying emerging issues and developing positions and
priorities that advance IP's corporate strategy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
W... |
| | 09/16/2005 | International Paper Signs Agreement to Acquire a Majority Share of CMCP, a Leading Moroccan Corrugated Packaging Company| STAMFORD, Conn. and BRUSSELS, Belgium, Sept. 16 /PRNewswire-FirstCall/ --
International Paper (NYSE: IP) today announced it has signed an agreement to
acquire a majority share of Compagnie Marocaine des Cartons et des Papiers
(CMCP), a leading Moroccan corrugated packaging company. Under the terms of
the planned investment, IP will acquire approximately 65 percent of CMCP, for
approximately $80 million cash plus assumed debt of approximately $40 million.
Completion of the transaction is su... |
| | 09/07/2005 | International Paper Chairman and Chief Executive Officer to Speak at UBS Conference| STAMFORD, Conn., Sept. 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
UBS Global Paper and Forest Products Conference in New York City on Wednesday,
Sept. 14 at 9:15 a.m. EDT. Mr. Faraci will discuss the company's recently-
announced transformation plan and strategy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
... |
| | 08/16/2005 | International Paper Agrees to Sell Its 50.5 Percent Carter Holt Harvey Stake to Rank Group| STAMFORD, Conn., Aug 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) announced today that it has signed a lock-in agreement with Rank
Group Investments Limited to sell its shares of Carter Holt Harvey Limited
(CHH) into a full takeover offer to all shareholders. Rank Group Investments
Limited is based in New Zealand.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The lock-in agreement requires that International Paper accept the Rank
Grou... |
| | 08/16/2005 | International Paper Announces Plan to Relocate Global Headquarters to Memphis| STAMFORD, Conn., Aug. 16 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a decision to relocate its global headquarters to
Memphis, Tenn., from Stamford, Conn. The company expects the move to be
complete by Aug. 1, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO ) -->
The decision to relocate came after a 30-day evaluation announced in July
as part of IP's transformation plan.
"We have a long history in the Northeast and apprecia... |
| | 07/26/2005 | International Paper Reports Second-Quarter 2005 Earnings; Lower Volumes, Higher Input Costs Offset Pricing Gains| Click here for PDF (print version) of release
Net earnings for the quarter were $77 million, unchanged from the first
quarter and up from $62 million (from continuing operations) in the 2004
second quarter.
Earnings per share from continuing operations and before special items
dropped slightly to $0.31 per share versus $0.34 in the first quarter of
2005 and $0.33 per share in the 2004 second quarter.
Quarterly net sales were $6.5 billion compared with ... |
| | 07/25/2005 | International Paper to Release Second-Quarter 2005 Earnings, Discuss Transformation on Tuesday, July 26| STAMFORD, Conn., July 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) will release second-quarter 2005 earnings on Tuesday, July 26,
before the opening of the New York Stock Exchange. The company will host a
webcast to review earnings and discuss the company's recently announced
transformation plan at 10 a.m. EDT that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
co... |
| | 07/19/2005 | International Paper Announces Plan to Transform Its Business Portfolio and Performance| Click here for PDF (print version) of release
STAMFORD, Conn., July 19 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a three-part transformation plan that will improve
returns, strengthen the balance sheet and return cash to shareowners. The
plan will include narrowing the company's portfolio to two key platform
businesses; improving shareowner returns through mill realignments in those
businesses and additional cost improvements; and exploring options ... |
| | 07/11/2005 | International Paper Declares Dividend| STAMFORD, Conn., July 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of July 1, 2005, to Sept. 30, 2005, inclusive. The dividend on the
common stock of the company is payable on Sept. 15, 2005, to holders of record
at the close of business on Aug. 19, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share ... |
| | 06/28/2005 | International Paper Elects John F. Turner to Its Board of Directors| STAMFORD, Conn., June 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced the election of John F. Turner to its board of
directors, effective July 11, 2005. Mr. Turner most recently served as
assistant secretary of state for oceans and international environmental and
scientific affairs, where he received the Department's Distinguished Honor
Award from Secretary of State Colin Powell in January.
(Logo: http://www.newscom.com/cgi-bin/prnh/200207... |
| | 06/27/2005 | International Paper Expects Lower Second-Quarter Earnings| STAMFORD, Conn., June 27 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it expects earnings for second quarter 2005 to be
lower than current analysts' consensus estimates, as a result of weaker-than-
expected paper and industrial packaging volumes sold. The company currently
estimates that second-quarter earnings would be approximately $0.25 to
$0.30 per share, before special items.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Our fi... |
| | 06/26/2005 | International Paper to Explore Strategic Options for its 50.5 Percent Stake in New Zealand-based Carter Holt Harvey| STAMFORD, Conn., June 26 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that it will explore strategic alternatives for its
50.5 percent stake in Carter Holt Harvey (CHH).
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Carter Holt has a great business position in Australasia. We have
confidence in the management of CHH and their strategy to improve and grow the
business. However, many aspects of our original plans for investment in CHH
... |
| | 06/23/2005 | International Paper and The Conservation Fund Recognize and Reward Environmental and Conservation Excellence| WASHINGTON, June 23 /PRNewswire/ -- Today International Paper (NYSE: IP)
and The Conservation Fund recognized Alan Hutchinson, executive director of
the Forest Society of Maine, and Mike Town, a Washington state high school
science teacher, for their unique appreciation of the environment and their
outstanding efforts to protect natural resources through leadership in
conservation and education.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The 2005 Internation... |
| | 06/21/2005 | Reset Rate Determined for International Paper's Zero-Coupon Convertible Debentures Due June 20, 2021| STAMFORD, Conn., June 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that the accretion rate on the company's
zero-coupon convertible debentures, due June 20, 2021, will continue at 3.75
percent per year, as determined by the reset rate agent, in accordance with
the terms of the debentures.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper (http://www.internationalpaper.com) is the world's
largest paper and forest pro... |
| | 06/10/2005 | International Paper to Release Second-Quarter 2005 Earnings on Tuesday, July 26| STAMFORD, Conn., June 10, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced that it will release second-quarter 2005 earnings
on Tuesday, July 26, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EDT that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's In... |
| | 06/06/2005 | International Paper Elects Weisser to its Board of Directors| STAMFORD, Conn., June 6 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the election of Alberto Weisser to its board of
directors. Mr. Weisser is chief executive officer and chairman of the board of
Bunge Limited, a global agribusiness and food company. The election will be
effective on Jan. 1, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Alberto brings a very strong global industrial and finance background.
His perspective and e... |
| | 06/02/2005 | Georgia Wildlife Federation Names International Paper Forest Conservationist of the Year| International Paper Recognized for Landmark Partnership to Protect Land
Around Georgia's Okefenokee National Wildlife Refuge
MANSFIELD, Ga., June 2 /PRNewswire/ -- International Paper's contributions
to protecting some 16,000 acres of forestland near the Okefenokee National
Wildlife Refuge has earned the company the Georgia Wildlife Federation's 2005
"Forest Conservationist of the Year" award. The company, which voluntarily
relinquished land acquisition rights to prevent... |
| | 06/01/2005 | International Paper Completes Sale of Industrial Papers Business to Kohlberg & Company, LLC| STAMFORD, Conn., June 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the sale of its Industrial Papers business to an
affiliate of Kohlberg & Company, LLC of Mt. Kisco, N.Y. Subject to certain
adjustments to be made after closing, the company anticipates cash proceeds
from the transaction will be approximately $180 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The Industrial Papers Business includes the lightweight packaging p... |
| | 05/12/2005 | International Paper Executive Vice President and Chief Financial Officer to Speak at Goldman Sachs Basic Materials Conference| STAMFORD, Conn., May 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President and Chief Financial Officer Marianne Parrs
will speak at the Goldman Sachs Basic Materials Conference in New York City on
Monday, May 16 at 8:45 am EDT. Ms. Parrs will discuss the company's current
priorities and strategic goals.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's... |
| | 05/10/2005 | International Paper Declares Dividend| STAMFORD, Conn., May 10, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Apr. 1, to June 30, 2005, inclusive. The dividend on the common
stock of the company is payable on June 15, 2005, to holders of record at the
close of business on May 20, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per s... |
| | 05/02/2005 | International Paper Completes Sale of Fine Papers Business to Mohawk| STAMFORD, Conn., May 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) has completed the sale of its Fine Papers business to Mohawk Paper
Mills, Inc., of Cohoes, N.Y. Subject to certain adjustments to be made after
closing, the company anticipates cash proceeds from the transaction will be
approximately $60 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The Fine Papers Business includes the writing, text and cover papers and
artist papers segm... |
| | 04/28/2005 | International Paper Executive Vice President to Speak at Banc of America Securities Basic Industries Conference| STAMFORD, Conn., April 28 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President Marianne Parrs will speak at the Banc of
America Securities Basic Industries Conference in New York City on Tuesday,
May 3 at 8:00 a.m. EDT. Ms. Parrs will discuss the company's current
priorities and strategic goals.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet ... |
| | 04/25/2005 | International Paper Announces Resignation of CFO Chris Liddell| STAMFORD, Conn., April 25 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John V. Faraci today announced
that Senior Vice President and Chief Financial Officer Christopher P. Liddell
has resigned from the company and will be joining Microsoft Corp. as its chief
financial officer, effective May 9, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Liddell has held leadership positions in International Paper and its N... |
| | 04/22/2005 | International Paper Reports Higher First-Quarter 2005 Earnings and Highest First-Quarter Net Sales in Four Years| Click here for PDF (print version) of release
Net earnings rose to $77 million from $73 million in the 2004 first
quarter.
Earnings per share from continuing operations and before special items
rose to $0.34 from $0.12 in the 2004 first quarter.
Quarterly net sales rose to $6.6 billion from 2004 first-quarter net
sales of $6.1 billion.
STAMFORD, Conn., April 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported fir... |
| | 04/21/2005 | Public-Private Sector Partnership Aims to Boost Magazine and Catalog Recycling| City of Milwaukee and Waukesha County Selected for
Phase II Rollout of National Model
SUSSEX, Wis., April 21 /PRNewswire/ -- Wisconsin Gov. Jim Doyle joined
Quad/Graphics Chairman and CEO Tom Quadracci at the company's Sussex plant to
launch a campaign with national business and non-profit partners aimed at
increasing recycling of magazines and catalogs in metropolitan Milwaukee, with
a focus on the City of Milwaukee and Waukesha County. This innovative
partner... |
| | 03/31/2005 | International Paper Improves Online Customer Focus New Consolidated, Redesigned Web Site| MEMPHIS, Tenn., March 31, 2005 /PRNewswire via COMTEX/ -- International Paper, the world's
largest paper and forest products company, announced today that it has
launched its newly designed Web site.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The new Web site provides a single point of access for customers, allowing
users to find tools and information quickly and easily. The design was created
based on customer feedback to ensure the site would help customers ach... |
| | 03/31/2005 | International Paper Agrees to Sell Its Fine Papers Business| STAMFORD, Conn., March 31 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced it has signed an agreement to sell its Fine Papers
business to Mohawk Paper Mills Inc., of Cohoes, N.Y. The company anticipates
cash proceeds from the transaction will total approximately $65 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company announced in December 2004 that it had signed a non-binding
letter of intent to sell the business to Mohawk as pa... |
| | 03/30/2005 | International Paper to Release First-Quarter 2005 Earnings on Friday, April 22| STAMFORD, Conn., March 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it will release first-quarter 2005 earnings on
Friday, April 22, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 9 a.m. EDT that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's Internet site a... |
| | 03/29/2005 | International Paper, Environmental Defense and U.S. Fish and Wildlife Service Celebrate Five-Year Anniversary of Landmark Red-cockaded Woodpecker Habitat Conservation Plan| The award-winning program was the first of its kind to help save an endangered species BAINBRIDGE, Ga., March 29, 2005 /PRNewswire via COMTEX/ -- International Paper and its
partners, Environmental Defense, U.S. Fish and Wildlife Service and Georgia
Department of Natural Resources today are celebrating the five-year
anniversary of International Paper's award-winning "Red-cockaded Woodpecker
Habitat Conservation Plan." Implementation of the landmark agreement has
resulted in a dramatic incr... |
| | 03/17/2005 | International Paper Ranks No. 1 in Forest and Paper Products On FORTUNE's 2005 List of America's Most Admired Companies| STAMFORD, Conn., March 17 /PRNewswire/ -- International Paper (NYSE: IP)
today announced that it has once again been named by FORTUNE magazine as the
No. 1 company for the Forest and Paper Products sector in FORTUNE's annual
report of "America's Most Admired Companies."
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The survey assessed companies on eight key attributes of reputation:
innovativeness, employee talent, use of corporate assets, social
responsibility... |
| | 03/14/2005 | International Paper Agrees to Sell Its Industrial Papers Business| STAMFORD, Conn., March 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has signed an agreement to sell its
Industrial Papers Business to Kohlberg and Company, LLC for approximately $180
million subject to certain adjustments at closing. The Industrial Papers
Business includes the lightweight packaging papers and pressure sensitive
papers segments and related converting assets. The companies expect to close
on the sale in the second quarter of 2005, subje... |
| | 03/10/2005 | International Paper and The Conservation Fund Accepting Nominations for Conservation Partnership and Environmental Education Awards| STAMFORD, Conn., March 10, 2005 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP)
and The Conservation Fund will provide national recognition and $10,000 cash
grants to two conservation/environmental education leaders at an awards
ceremony in Washington, D.C., this summer. IP, one of the world's largest
paper and forest products company and the largest tree seedling grower
worldwide, partners each year with The Conservation Fund, a non-profit
organization seeking sustainable conser... |
| | 03/01/2005 | International Paper Chairman and Chief Executive Officer to Speak at Credit Suisse First Boston Conference| STAMFORD, Conn., March 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
Credit Suisse First Boston Global Basics Conference in New York City on
Thursday, March 3 at 9:00 a.m. EST. Mr. Faraci will discuss the company's
current priorities and strategic goals.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's I... |
| | 02/22/2005 | International Paper Chief Financial Officer to Speak at Morgan Stanley Basic Materials Conference| STAMFORD, Conn., Feb. 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chief Financial Officer Chris Liddell will speak at the Morgan
Stanley Basic Materials Conference in New York City on Thursday, Feb. 24 at
8:50 a.m. EST. Mr. Liddell will give a brief overview of company operations
and discuss the company's current priorities and opportunities, including its
supply chain improvement effort and debt reduction program.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701... |
| | 02/14/2005 | Georgia Governor Sonny Perdue and the State Department of Natural Resources Recognize International Paper as 'Forestry for Wildlife' Partner| SAVANNAH, Ga., Feb. 14 /PRNewswire/ -- International Paper's wildlife
conservation efforts earned recognition from Georgia Governor Sonny Perdue and
the State Department of Natural Resources when the company was named a 2004
Forestry for Wildlife Partner at a recent awards ceremony in Atlanta, Ga.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The Forestry for Wildlife Program is a voluntary initiative which promotes
blending wildlife conservation with well-manag... |
| | 02/08/2005 | International Paper Declares Dividend| STAMFORD, Conn., Feb. 8 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Jan. 1, to March 31, 2005, inclusive. The dividend on the
common stock of the company is payable on March 15, 2005, to holders of record
at the close of business on Feb. 18, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share for
t... |
| | 02/03/2005 | International Paper Reports Higher Fourth-Quarter Earnings from Continuing Operations| Click here for PDF (print version) of release
* Earnings from continuing operations of $157 million versus $35 million in the 2003 fourth quarter.STAMFORD, Conn., Feb 03, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today reported fourth-quarter 2004 earnings from continuing
operations of $157 million ($0.32 per share basic and diluted) compared with
$35 million ($0.08 per share basic, $0.07 per share diluted) in the fourth
quarter of 2003 and $208 million ($0.... |
| | 01/13/2005 | International Paper to Release Fourth-Quarter and Full-Year 2004 Earnings on Thursday, Feb. 3| STAMFORD, Conn., Jan 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it will release fourth-quarter 2004 earnings
on Thursday, Feb. 3, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EST that day.
All interested parties are invited to listen to the webcast via the
company's Internet site at http://www.internationalpaper.com by clicking on
the Investor Info... |
| | 01/03/2005 | International Paper Completes Sale of Weldwood of Canada Limited| STAMFORD, Conn., Jan 03, 2005 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) announced it has completed the sale of its Weldwood of Canada
Limited subsidiary to West Fraser Timber Co., Ltd. (TSE: WFT) of Vancouver,
Canada, for C. $1.23 billion (approximately U.S. $1 billion). International
Paper's net cash proceeds received from the sale, including closing
adjustments, were approximately U.S. $1.1 billion. The transaction was
completed Friday, Dec. 31, 2004.
(Logo... |
| | 12/31/2004 | International Paper Completes Sale of 1.1 Million Acres of Forestland in Maine and New Hampshire to GMO Renewable Resources| STAMFORD, Conn., Dec. 31 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today it has completed the sale of 1.1 million acres of
forestlands in Maine and New Hampshire to GMO Renewable Resources, LLC,
(GMORR) a private forest investment management company, for approximately $250
million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper and GMORR have agreed to a long-term wood fiber supply
agreement to continue the flow of wo... |
| | 12/30/2004 | International Paper and Employees Donate $200,000 to Southeast Asia Relief Efforts| STAMFORD, Conn., Dec. 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that the company and its employees are donating
$200,000 to relief efforts in Southeast Asia to help victims of the tsunamis
that struck Asia and the east coast of Africa. The company will also match
additional contributions made by employees to its Employee Relief Fund.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Our employees are deeply concerned for the victims... |
| | 12/20/2004 | International Paper Elects Walter to its Board of Directors| STAMFORD, Conn., Dec. 20 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the election of William G. Walter to its board of
directors. Mr. Walter is chairman, president and chief executive officer of
FMC Corp. The election will be effective on Jan. 1, 2005.
(Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Bill brings a tremendous amount of industrial and manufacturing
experience to our board, and International Paper will benefit f... |
| | 12/15/2004 | International Paper Signs Letter of Intent to Sell Fine Papers Business to Mohawk Paper Mills Inc.| STAMFORD, Conn., Dec. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has signed a non-binding letter of intent to
sell its Fine Papers Business to Mohawk Paper Mills Inc. of Cohoes, N.Y. The
Fine Papers Business includes the writing, text and covers papers and artist
papers segments. The transaction is subject to approval by the International
Paper board of directors as well as completion of due diligence and financing
arranged by Mohawk. International Pa... |
| | 12/14/2004 | International Paper Approves Modernization Project at Eastover, S.C., Mill| STAMFORD, Conn., Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced it will modernize the company's Eastover, S.C.,
mill No. 1 paper machine. The project will involve various upgrades to
enhance product quality and improve efficiency.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"The Eastover mill is one of the most efficient producers of uncoated
freesheet paper in the world, and we are excited about the benefits the
... |
| | 11/29/2004 | International Paper President to Speak at Smith Barney Citigroup Global Paper, Forest Products and Packaging Conference| STAMFORD, Conn., Nov. 29 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) President Rob Amen will speak at the Smith Barney Citigroup 2004
Global Paper, Forest Products and Packaging Conference in New York City on
Thursday, Dec. 2 at 9:25 a.m. EST. Mr. Amen will give a brief overview of
company operations and discuss the company's current priorities and
opportunities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to li... |
| | 11/09/2004 | International Paper to Sell 1.1 Million Acres of Forestland in Maine and New Hampshire to GMO Renewable Resources| Agreement Ensures Long-Term Wood Fiber Supply, Continued Sustainable
Forest Management and Recreational Opportunities
STAMFORD, Conn., Nov. 9 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a definitive agreement to sell its Maine and New
Hampshire forestlands, totaling approximately 1.1 million acres, to GMO
Renewable Resources, LLC, (GMORR) a private forest investment management
company, for approximately $250 million. The sale is expected t... |
| | 10/26/2004 | International Paper Reports Higher Third-Quarter Earnings from Continuing Operations| Click here for PDF (print version) of release
* Earnings from continuing operations of $208 million up 84 percent from
$113 million in the 2003 third quarter.
* Net sales increased 8 percent to $6.6 billion from 2003 third-quarter
net sales of $6.1 billion.
Earnings Per Share Summary
Third Third Second
Quarter Quarter Qua... |
| | 10/12/2004 | International Paper Declares Dividend| STAMFORD, Conn., Oct. 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Oct. 1, 2004, to Dec. 31, 2004, inclusive. The dividend on the
common stock of the company is payable on Dec. 15, 2004, to holders of record
at the close of business on Nov. 19, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share ... |
| | 10/04/2004 | International Paper to Release Third-Quarter Earnings on Tuesday, Oct. 26| STAMFORD, Conn., Oct. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it will release third-quarter 2004 earnings on
Tuesday, Oct. 26, 2004, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 10 a.m. EDT that day.
(Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company's ... |
| | 09/20/2004 | International Paper Chairman and CEO to Speak at UBS 2004 Global Paper & Forest Products Conference| STAMFORD, Conn., Sept. 20 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and CEO John Faraci will speak at the UBS 2004 Global
Paper & Forest Products Conference in New York City on Wednesday, Sept. 22 at
9:15 a.m. EDT. Mr. Faraci will give a brief overview of company operations
and discuss the company's plans to improve profitability.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast li... |
| | 09/08/2004 | International Paper - Smart Packaging to Leverage GlobeRanger's iMotion Platform for RFID Solutions Development| RICHARDSON, Texas, Sept. 8 /PRNewswire/ -- GlobeRanger, the leading
provider of RFID and mobility software, today announced an agreement with
International Paper - Smart Packaging to leverage GlobeRanger's iMotion(TM)
Edgeware(TM) platform for RFID supply chain solutions development.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper -- Smart Packaging provides consulting and integration
services that focus on RFID strategy, design and deployment ... |
| | 08/05/2004 | International Paper Receives Prestigious 2004 GATF InterTech(TM) Technology Award for Newly Developed Grade of Paper| MEMPHIS, Tenn., Aug 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced that an independent panel of judges has named
Hammermill(R) Color Copy Gloss paper an innovative technology, worthy of the
prestigious 2004 Graphic Arts Technical Foundation (GATF) InterTech Award.
This award marks the first time ever in the twenty-six year history of the
competition that a forest products company has received this award for
innovative excellence for a grade of p... |
| | 08/04/2004 | International Paper Announces Intent to Evaluate Strategic Alternatives for Portions of Its Specialty Papers Business| STAMFORD, Conn., Aug. 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the company will evaluate strategic alternatives
for its Industrial Specialty Papers Business, which includes the lightweight
packaging papers and pressure sensitive papers segments and related converting
assets.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Included in the business segments to be evaluated are the DePere and
Kaukauna, Wis., Mills, the Akrosil busin... |
| | 07/26/2004 | International Paper Reports Higher Second-Quarter 2004 Earnings as Demand Remains Strong| Click here for PDF (print version) of release
* Net earnings of $193 million up 119 percent from 2003 second-quarter earnings of $88 million. * Net sales increased to $6.5 billion from second-quarter 2003 net sales of $6.1 billion.STAMFORD, Conn., Jul 26, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today reported second-quarter 2004 net earnings of $193 million
($0.40 per share), compared with $88 million ($0.19 per share) in the second
quarter of 2003 and $73 ... |
| | 07/21/2004 | International Paper Reaches Definitive Agreement to Sell its Canadian Pulp and Wood Business to West Fraser Timber Co., Ltd.| STAMFORD, Conn., July 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has reached a definitive agreement to sell the
capital stock of its Weldwood of Canada, Ltd. subsidiary to West Fraser Timber
Co., Ltd. (TSE: WFT) of Vancouver, Canada for approximately C. $1.26 billion
(approximately U.S. $950 million), subject to certain adjustments at closing.
The transaction is subject to completion of due diligence and financing to be
completed by the end of September,... |
| | 07/13/2004 | International Paper Declares Dividend| STAMFORD, Conn., July 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of July 1, 2004, to Sept. 30, 2004, inclusive. The dividend on the
common stock of the company is payable on Sept. 15, 2004, to holders of record
at the close of business on Aug. 20, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per shar... |
| | 07/02/2004 | International Paper Completes Acquisition of Box USA, A Leading Corrugated Packaging Company| STAMFORD, Conn., Jul 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) announced it completed its acquisition of Box USA on July 1, 2004,
on terms previously disclosed. This acquisition is consistent with
International Paper's strategic direction to grow its three core businesses of
paper, packaging and forest products.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Both International Paper and Box USA share a commitment to making quality
... |
| | 07/01/2004 | U.S. Fish and Wildlife Service Presents 2004 National Wetlands Group Conservation Award to the Machias River Corridor Coalition| WASHINGTON, July 1 /PRNewswire/ -- The Machias River Corridor Coalition --
a partnership between private industry, environmental groups, state and
federal agencies -- is being honored today with one of the nation's top
environmental conservation awards, in recognition of a landmark 2003 agreement
which ensures wetlands conservation in Maine.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Steve Williams, the director of the U.S. Fish and Wildlife Service,
present... |
| | 06/23/2004 | International Paper and The Conservation Fund Recognize and Reward Environmental and Conservation Excellence| WASHINGTON, Jun 23, 2004 /PRNewswire via COMTEX/ -- Today International Paper and The
Conservation Fund recognized Camilla Herlevich, founder of the North Carolina
Coastal Land Trust, and Colorado high school teachers Melanie Phelps and Joyce
Webb for their unique appreciation for the environment and their outstanding
efforts to protect natural resources through leadership in conservation and
education.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The 2004 Environ... |
| | 06/18/2004 | International Paper to Release Second-Quarter 2004 Earnings on Monday, July 26| STAMFORD, Conn., June 18 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release second-quarter 2004 earnings on Monday, July 26, 2004,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EDT that
day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.... |
| | 06/18/2004 | International Paper Announces Redemption of 8 1/8 Percent Notes Due June 15, 2024| STAMFORD, Conn., Jun 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) announced that it has notified JPMorgan Chase Bank, as trustee,
that it has elected to redeem on July 20, 2004, all of the outstanding
International Paper Company 8 1/8 percent notes due June 15, 2024, at a
redemption price equal to 103.774 percent of the principal amount plus accrued
interest thereon to the date of redemption.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOG... |
| | 06/11/2004 | International Paper and The Conservation Fund Present 2004 Environmental Awards Luncheon|
WASHINGTON, June 11 /PRNewswire/ --
WHEN: Wednesday, June 23, 2004
(Reception at noon, Luncheon at 12:30 p.m.)
WHERE: National Press Club
529 14th St., NW
Washington, D.C.
(202) 662-7500
International Paper, in partnership with The Conservation Fund, will
present the national 2004 Environmental Excellence Awards for innovative
environmental achievements. The International Paper Conserva... |
| | 05/26/2004 | Secretary Norton, International Paper Sign Landmark Environmental Agreement to Protect and Manage Aquatic Resources| SAVANNAH, Ga., May 26 /PRNewswire-FirstCall/ -- Secretary of the Interior
Gale Norton and International Paper (NYSE: IP) today signed the first-ever
Aquatic Resources Conservation and Management Partnership Agreement, a
landmark environmental partnership expected to significantly improve
freshwater ecosystems across the Southeastern United States.
(Photo: http://www.newscom.com/cgi-bin/prnh/20040526/NYW178-a
http://www.newscom.com/cgi-bin/prnh/20040526/NYW178-b
... |
| | 05/21/2004 | Secretary Gale Norton & International Paper Sign Landmark Environmental Agreement to Protect and Manage Aquatic Resources| SAVANNAH, Ga., May 21 /PRNewswire/ --
WHO: U.S. Secretary of the Interior Gale Norton
George O'Brien, International Paper, Senior Vice President-Forest
Products
WHAT: Signing ceremony and boat tour; first-ever aquatic resources
conservation and management partnership agreement
WHEN: Wed., May 26, 11:00 a.m.
WHERE: Butler Island (outside Darien, Ga.)
WHY: This landmark environmental partnership is expected to
... |
| | 05/11/2004 | International Paper Declares Dividend| STAMFORD, Conn., May 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of April 1, 2004, to June 30, 2004, inclusive. The dividend on the
common stock of the company is payable on June 15, 2004, to holders of record
at the close of business on May 21, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040511/NYTU185 )
The company also declared a regular quarterly dividend of $1 per share ... |
| | 04/27/2004 | International Paper CFO to Speak at Prudential Base Metals and Paper & Forest Products Conference| STAMFORD, Conn., April 27 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chief Financial Officer Chris Liddell will speak at the Prudential
Base Metals and Paper & Forest Products Conference in New York City on
Thursday, April 29 at 2 p.m. EDT. Mr. Liddell will give a brief overview of
company operations and discuss the company's plans to improve profitability.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen t... |
| | 04/26/2004 | International Paper Responds to Unsolicited Mini-Tender Offer| STAMFORD, Conn., April 26 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) said today it had been notified of an unsolicited "mini-tender"
offer by TRC Capital Corp. (TRC) to purchase up to 2.5 million shares, or less
than 1 percent of the outstanding common stock of International Paper at a
price of $40.15 per share. International Paper notes that this offer price is
3.4 percent below the $41.57 per share closing price of International Paper
stock on April 13, 2004, the day befor... |
| | 04/23/2004 | Nonprofit, Business and Government Leaders Partner to Increase Recycling of Magazines and Catalogs| Prince George's County Program to Become Model for U.S. Cities
UPPER MARLBORO, Md., April 23 /PRNewswire/ -- Building on County Executive
Jack Johnson's Livable Communities Initiative and its strong recycling record,
Prince George's County, Md., launched an innovative campaign with business and
nonprofit partners to increase recycling of magazines and catalogs. This
partnership, which includes the National Recycling Coalition, Time Inc.,
International Paper and Recycle America Allia... |
| | 04/23/2004 | International Paper Reports Higher First-Quarter 2004 Earnings on Stronger Demand|
Net earnings of $73 million up 66 percent from 2003 first-quarter
earnings of $44 million.
Net sales increased to $6.4 billion from first-quarter 2003 net sales
of $6.0 billion.
STAMFORD, Conn., April 23 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported first-quarter 2004 net earnings of $73 million
($0.15 per share), compared with $44 million ($0.09 per share) in the first
quarter of 2003 and $48 million ($0.10 per share) in the fourth ... |
| | 04/22/2004 | International Paper, State of New York and Conservation Fund Partner to Conserve About 257,000 Acres in Adirondacks| STAMFORD, Conn., Apr 22, 2004 /PRNewswire via COMTEX/ -- International Paper (NYSE: IP),
the state of New York and The Conservation Fund announced a partnership today
in which the state will acquire conservation easements on about 257,000 acres
of company-owned forestland in the Adirondacks. This project, which is the
largest land conservation project ever undertaken in the state of New York,
builds on a previous agreement in the Adirondack Park.
(Logo: http://www.newscom.com/cgi-... |
| | 04/21/2004 | International Paper Signs Agreement to Acquire Box USA, A Leading Corrugated Packaging Company| STAMFORD, Conn., April 21 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has agreed to acquire Box USA Holdings, Inc.,
one of America's leading corrugated packaging companies. This acquisition is
consistent with International Paper's strategic direction to grow its three
core businesses of paper, packaging and forest products.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The terms of the transaction were not disclosed. The transacti... |
| | 04/20/2004 | Good News Just in Time for National Administrative Assistants Day| STAMFORD, Conn., April 20 /PRNewswire/ -- With National Administrative
Assistants Day on April 21, it is time to consider one of the most routine and
long-endured office mishaps: paper cuts.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
According to a recent survey of 600 administrative assistants by
International Paper, more than half of all administrative assistants who do
routine filing receive at least one paper cut a month.
To remedy the problem, Inte... |
| | 04/06/2004 | International Paper and The Conservation Fund Accepting Nominations for Conservation Partnership and Environmental Education Awards| STAMFORD, Conn., Apr 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) and The Conservation Fund will provide national recognition and
$10,000 cash grants to two conservation/environmental education leaders at an
awards ceremony in Washington, D.C., this summer. IP, the world's largest
paper and forest products company and tree seedling grower, partners each year
with The Conservation Fund, a nonprofit organization seeking sustainable
conservation solutions for t... |
| | 04/05/2004 | International Paper Donates Easement Rights on 15,800 Acres in Adirondacks to New York; Lays Groundwork for Wilderness Park to Serve People with Disabilities| Tribute to Former IP Chairman to Protect Open Space Character of Adirondacks
and Help People with Disabilities Enjoy Outdoor Recreational Experience
ALBANY, N.Y., April 5 /PRNewswire-FirstCall/ -- As part of a plan to
create the first Adirondack wilderness trail and park designed for people with
disabilities, International Paper (NYSE: IP) today announced a gift to the
state of New York that will forever protect the wilderness character on
thousands of acres of forestland. Gov. Georg... |
| | 04/02/2004 | International Paper to Present Major Conservation Easement in the Adirondacks to the State of New York| STAMFORD, Conn., April 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will present the state of New York a conservation easement on
thousands of acres in the central Adirondacks that will provide continued
stewardship of the forestlands while offering new recreational benefits for
the public and people with disabilities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The press is invited to hear details about the easement at a press
conference on Mon... |
| | 04/02/2004 | International Paper to Release First-Quarter Earnings on Friday, April 23| STAMFORD, Conn., Apr 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced that it will release first-quarter 2004 earnings on
Friday, April 23, 2004, before the opening of the New York Stock Exchange. The
company will host a webcast to discuss earnings and current market conditions
at 11 a.m. EST that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast via the
company'... |
| | 04/01/2004 | International Paper Statement| STAMFORD, Conn., April 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) issued the following statement today related to the decision by Dow
Jones to remove the company from the Dow Jones Industrial Average.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"We recognize that changes in the composition of the Dow Jones Industrial
Average are a reflection of changes in the relative weighting of industry
sectors within the U.S. equity markets. The compositio... |
| | 03/22/2004 | Nonprofit, Business and Government Leaders Create Partnership to Increase Recycling of Magazines and Catalogs| Boston Program to Become Model for U.S. Cities
BOSTON, March 22 /PRNewswire-FirstCall/ -- Building on its strong
recycling record and its high magazine readership, the City of Boston today
launched a unique campaign with business and nonprofit partners to increase
recycling of magazines and catalogs. This first-of-its-kind partnership
includes the National Recycling Coalition, Time Inc., International Paper and
recycler FCR, and creates a model for magazine and catalog recycling in c... |
| | 03/18/2004 | International Paper Announces Redemption of 8 1/8 Percent Notes Due July 8, 2005| STAMFORD, Conn., March 18 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has notified the Bank of New York, as
trustee, that it has elected to redeem on April 19, 2004, all of the
outstanding International Paper Company 8 1/8 percent Notes due July 8, 2005,
at a make-whole redemption price calculated to the redemption date in
accordance with the terms of the indenture covering the notes, plus accrued
interest thereon to the date of redemption. Internationa... |
| | 03/15/2004 | International Paper Announces Offering of $1 Billion of Senior Notes| STAMFORD, Conn., March 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that it has commenced a public offering of an
aggregate of $1 billion senior notes. International Paper intends to use the
proceeds from the offering to redeem all of its 8 1/8 percent notes due July
8, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall the... |
| | 02/27/2004 | International Paper Chairman and CEO to Speak at Credit Suisse First Boston Conference| STAMFORD, Conn., Feb. 27 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
Credit Suisse First Boston Global Basics Conference in New York City on
Wednesday, March 3 at 9 a.m. EST. Mr. Faraci will give a brief overview of
company operations and discuss how the company is changing to improve its
profitability.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invite... |
| | 02/23/2004 | International Paper Ranks No. 1 in Forest and Paper Products On FORTUNE's List of America's Most Admired Companies| STAMFORD, Conn., Feb. 23 /PRNewswire/ -- International Paper (NYSE: IP)
today announced that FORTUNE magazine has named IP the No. 1 company for the
Forest and Paper Products sector in its annual report of "America's Most
Admired Companies," marking the second year IP has topped the industry in the
independent ranking.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The survey assessed companies on eight key attributes of reputation:
innovativeness, employee tale... |
| | 02/23/2004 | International Paper Executive Vice President to Speak at Morgan Stanley Conference| STAMFORD, Conn., Feb. 23 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President Marianne Parrs will speak at the Morgan
Stanley Basic Materials Conference in New York City on Thursday, Feb. 26 at
8:10 a.m. EST. Ms. Parrs will give a brief overview of company operations and
discuss how the company is changing to improve its profitability.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the ... |
| | 02/10/2004 | International Paper Declares Dividend| STAMFORD, Conn., Feb. 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Jan. 1, 2004, to March 31, 2004, inclusive. The dividend on the
common stock of the company is payable on March 15, 2004, to holders of record
at the close of business on Feb. 20, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per shar... |
| | 02/02/2004 | International Paper Reports Fourth-Quarter and Full-Year 2003 Earnings| * Net earnings in fourth quarter 2003 were $48 million versus net loss of $130 million in 2002 fourth quarter. STAMFORD, Conn., Feb 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today reported 2003 fourth-quarter net earnings of $48 million
($0.10 per share), compared with a net loss of $130 million ($0.27 per share)
in the fourth quarter 2002 and net earnings of $122 million ($0.25 per share)
in the third quarter 2003. For the 2003 full year, International Pa... |
| | 01/28/2004 | International Paper Announces Retirement of VP Thomas Jorling,| Appoints David B. Struhs Vice President, Environmental Affairs
STAMFORD, Conn., Jan. 28 /PRNewswire/ -- International Paper (NYSE: IP)
Chairman and Chief Executive Officer John Faraci today announced that Thomas
Jorling will retire as vice president of environmental affairs, effective
April 30, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Tom's leadership and innovation over the last 10 years have contributed
greatly to our environmental performan... |
| | 01/07/2004 | International Paper to Release Fourth-Quarter 2003 Earnings on Monday, Feb. 2| STAMFORD, Conn., Jan. 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release fourth-quarter 2003 earnings on Monday, Feb. 2, 2004,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. EST that
day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.in... |
| | 12/15/2003 | International Paper Announces Redemption of International Paper Capital Trust III 7.875 Percent $805 Million Capital Securities| STAMFORD, Conn., Dec. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced that it has notified the Bank of New York, as trustee,
that it has elected to redeem all of the outstanding International Paper
Capital Trust III 7.875 percent Capital Securities due Dec. 1, 2038, on
Jan. 14, 2004, at a redemption price equal to 100 percent of the principal
amount, plus interest accrued thereon to the date of redemption. International
Paper also announced that it has successfully co... |
| | 12/10/2003 | International Paper Supports Proposed Softwood Lumber Agreement, Urges U.S. and Canadian Governments to Accept the Plan| STAMFORD, Conn., Dec. 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced support of the proposed settlement in the softwood
lumber dispute between the United States and Canada.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Because we operate a lumber business with operations in both countries,
International Paper has worked toward a negotiated settlement that would end
this long dispute and ongoing legal challenges in a way that is both... |
| | 12/10/2003 | International Paper Announces Offering of $1 Billion Notes| STAMFORD, Conn., Dec. 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced that it has commenced an offering of an aggregate of
$1 billion senior notes. The company will use a portion of the proceeds from
the offering for the redemption of all of the outstanding International Paper
Capital Trust III 7.875% Capital Securities due Dec. 1, 2038, at a redemption
price equal to 100 percent of the principal amount thereof plus interest
accrued thereon to the date of redemption.... |
| | 12/02/2003 | International Paper Chairman and CEO John Faraci to Speak at Investor Conference| STAMFORD, Conn., Dec. 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Faraci will speak at the
Smith Barney Citigroup Global Paper, Forest Products and Packaging Conference,
in New York City, on Thursday, Dec. 4 at 12:45 p.m. EST. In his presentation,
Mr. Faraci will discuss his new management structure and profile the company's
global position. He will also outline the company's key strategies for
improving profitability.
(Logo... |
| | 11/03/2003 | International Paper Declares Dividend| STAMFORD, Conn., Nov. 3 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of Oct. 1, 2003, to Dec. 31, 2003, inclusive. The dividend on the
common stock of the company is payable on Dec. 15, 2003, to holders of record
at the close of business on Nov. 21, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per share f... |
| | 10/28/2003 | International Paper Announces Retirement of Executive Vice President James P. Melican and Related Organizational Changes| STAMFORD, Conn., Oct. 28 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon today announced
that Executive Vice President James P. Melican will retire from the company on
Dec. 31, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Jim has been with IP for nearly 20 years and has played a key role as
part of our leadership team. We will miss his counsel," said Dillon. "His
insight and leadership of the c... |
| | 10/27/2003 | International Paper Reports Third-Quarter 2003 Earnings|
Click here to view this release in printable (PDF) format
* EPS of $0.25 per share improves from $0.19 in second quarter as the company lowered costs and improved product mix * Significant increase in wood products pricing offset by pricing declines in paper and packaging -- the company's largest segmentsSTAMFORD, Conn., Oct 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today reported third-quarter 2003 net earnings of $122 million
($0.25 per share), compare... |
| | 10/15/2003 | International Paper Elects Alcan Executive to its Board of Directors| STAMFORD, Conn., Oct. 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced the election of Martha Finn Brooks, president of
Alcan Rolled Products Americas and Asia and senior vice president of Alcan
Inc., to its Board of Directors. This election will be effective on December
9, at the board's next regularly scheduled meeting.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Martha brings a tremendous amount of global experience to our board... |
| | 09/24/2003 | International Paper to Release Third-Quarter Earnings on Monday, October 27| STAMFORD, Conn., Sept. 24 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release third-quarter 2003 earnings on Monday, Oct. 27, 2003,
before the opening of the New York Stock Exchange. The company will host a
webcast to discuss earnings and current market conditions at 10 a.m. Eastern
Time that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet site at ht... |
| | 09/23/2003 | International Paper Agrees to Settle Antitrust Class Action| STAMFORD, Conn., Sep 23, 2003 /PRNewswire-FirstCall via COMTEX/ -- International Paper
(NYSE: IP) today announced that it, along with Weyerhaeuser and
Georgia-Pacific, has agreed with plaintiffs to settle an antitrust class
action filed in 1999 in federal court in the Eastern District of Pennsylvania.
The plaintiffs, purchasers of corrugated sheets and containers from
October 1993 through November 1995, alleged that these three companies, along
with other integrated manufacturers, had cons... |
| | 09/22/2003 | International Paper Executive Vice President to Speak at Investor Conference| STAMFORD, Conn., Sept. 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President Rob Amen will be speaking at the Deutsche
Bank Global Paper Conference on Thursday, Sept. 25, in London. Mr. Amen's
presentation will cover a brief overview of company operations and a
discussion of how the company is changing to improve its profitability.
(Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The conference will not be webcast. However... |
| | 09/10/2003 | International Paper Creates New Single Source for Specialty Papers Customers; Invests in Kraft Paper Machine and Reduces Linerboard Capacity by 65,000 Tons| STAMFORD, Conn., Sept. 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that the company is consolidating three existing
businesses into the newly created Specialty Papers Business to serve customers
more efficiently. The company's former Industrial Papers, Kraft Papers and a
portion of the Converting & Specialty Papers Business will be consolidated
into International Paper's new Specialty Papers Business. The business will
be part of IP's Industrial Packaging ... |
| | 09/09/2003 | International Paper Chairman and CEO John Dillon Announces Retirement; John Faraci to Succeed Him as Chairman and CEO; Rob Amen Named President| STAMFORD, Conn., Sept. 9 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that John Dillon, chairman and chief executive
officer, will retire on Oct. 31, 2003, and that John Faraci, currently
International Paper president, will succeed him as chairman and CEO, effective
Nov 1.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
(Photo: http://www.newscom.com/cgi-bin/prnh/20030909/NYTU168 )
"Given the wealth of experience John Faraci has... |
| | 08/28/2003 | Cooperative Agreement Promotes Biodiversity on International Paper Forestlands| STAMFORD, Conn., Aug. 28 /PRNewswire/ -- International Paper is the first
paper and forest products company in North America to formalize an agreement
with NatureServe, a non-profit conservation group, to identify, protect and
manage "Forests with Exceptional Conservation Value." Under the multi-year
agreement, which covers all of IP's nearly 9 million acres of forestland in
the United States, the parties will share information about the company's
forestlands and develop new information vi... |
| | 08/12/2003 | International Paper Named as Florida Forestry Association's 'Project Learning Tree' Partner of the Year 2003| PENSACOLA, Fla., Aug. 12 /PRNewswire/ -- The Florida Forestry Association
announced that it has selected International Paper as the Project Learning
Tree Partner of the Year for 2003, recognizing International Paper's
contributions of time, materials and grants for use by the state's
award-winning natural resources program for educators.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Debbie Sapp, director of education for the Florida Forestry Association,
says, "In... |
| | 07/25/2003 | International Paper Declares Dividend| STAMFORD, Conn., July 25 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period of July 1, 2003, to Sept. 30, 2003, inclusive. The dividend on the
common stock of the company is payable on Sept. 15, 2003, to holders of record
at the close of business on Aug. 21, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The company also declared a regular quarterly dividend of $1 per shar... |
| | 07/24/2003 | International Paper Reports Second-Quarter 2003 Earnings| Click here for a PDF version of this Earnings Release
EPS of $0.19 Per Share Improves From $0.09 in First Quarter, Despite
Tough Business Conditions
STAMFORD, Conn., July 24 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported second-quarter 2003 net earnings of $88 million
($0.19 per share), compared with net earnings of $215 million ($0.45 per
share) in the second quarter of 2002 and net earnings of $44 million
($0.09 per share) in the first quarter of 2003.... |
| | 07/15/2003 | International Paper Announces Favorable Verdict in Insurance Trial; Jury Decision a Positive Step Toward Insurance Recovery of Payments Made Under Class Action Settlement| STAMFORD, Conn., July 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that a California Superior Court jury has returned
a favorable decision in a lawsuit brought by International Paper against 22
insurers. In this case, International Paper seeks indemnification from these
insurers for payments resolving property owners' claims under the 1998 Judy
Naef v. Masonite and International Paper class action settlement. That
settlement relates to certain exterior sidi... |
| | 07/02/2003 | International Paper to Release Second-Quarter Earnings on Thursday, July 24| STAMFORD, Conn., July 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release second-quarter 2003 earnings on Thursday, July 24,
2003, before the opening of the New York Stock Exchange. The company will
host a webcast to discuss earnings and current market conditions at 10 a.m.
EDT that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://ww... |
| | 06/26/2003 | International Paper and The Conservation Fund Recognize and Reward Environmental and Conservation Excellence| WASHINGTON, June 26 /PRNewswire/ -- Today International Paper (NYSE: IP)
and The Conservation Fund recognized Stephen Blackmer, president and founder
of the Northern Forest Center, and Gene Eidson, founder and president of the
Southeastern Natural Sciences Academy, for their unique appreciation for the
environment and their outstanding efforts to protect natural resources through
leadership in conservation and education.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
... |
| | 06/26/2003 | International Paper/The Conservation Fund 2003 Environmental Awards Luncheon|
WHEN: Thursday, June 26, 2003, at 12:00 NOON
(Reception at 12:00, Luncheon at 12:30)
WHERE: National Press Club
529 14th Street, NW
Washington, D.C.
202-662-7500
International Paper, in partnership with The Conservation Fund, will
present the national 2003 Environmental Excellence Awards for innovative
environmental achievements. The INTERNATIONAL PAPER CONSERVATION PARTNERSHIP
AWARD recognizes an individual who has p... |
| | 06/20/2003 | Cooperative Agreement Brings Research and Protection To Forests in Three States| SAVANNAH, Ga., June 20 /PRNewswire-FirstCall/ -- In a first ever of its
type agreement, International Paper and The Nature Conservancy have entered
into a multi-state cooperative management agreement.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
The Gulf Coastal Plain Unique Areas Cooperative Management Program
Agreement will also include Mississippi Department of Wildlife, Fisheries and
Parks' Natural Heritage Program in Mississippi. Under the Agreement, all
... |
| | 06/13/2003 | International Paper Announces Appointment of Newland Lesko as EVP| STAMFORD, Conn., June 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) President John Faraci today announced the appointment of Newland
Lesko as executive vice president, effective immediately. In his new role,
Lesko will be responsible for the implementation of company-wide manufacturing
initiatives and technology.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO)
"This appointment will contribute significantly to achieving our goal of
becoming a world... |
| | 06/09/2003 | International Paper President to Speak at Investor Conference| STAMFORD, Conn., June 9 /PRNewswire-FirstCall/ --
International Paper (NYSE: IP) President John Faraci will be speaking at the
JPMorgan Large/Mid Cap Conference, at the Boston Harbor Hotel in Boston, on
Wednesday, June 11, 2003, at 11:00 a.m. EDT. Mr. Faraci's presentation will
cover steps the company has taken to strengthen its operations, and he will
outline the company's goals to improve profitability and returns.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020701/IP... |
| | 05/15/2003 | International Paper President to Speak at Investor Conference| STAMFORD, Conn., May 15 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) President John Faraci will be speaking at the 11th Annual Cyclicals
and Specialty Materials Forum on Monday, May, 19, 2003, at 3 p.m. EDT.
Goldman Sachs in New York City is hosting the Forum. Mr. Faraci's
presentation will cover steps the company has taken to strengthen its
operations, and he will outline the company's goals to improve profitability
and returns.
All interested parties are invited to li... |
| | 04/24/2003 | International Paper Reports First-Quarter 2003 Earnings, Swings to a Profit from Previous Quarter| * EPS of $0.09 Per Share Improves From a Prior Quarter Loss of $0.27 Per Share
* EPS Before Special Items of $0.14 Up Versus $0.12 Prior Year, Despite Much
Higher Costs
STAMFORD, Conn., April 24 /PRNewswire-FirstCall/ -- International Paper (NYSE:
IP) today reported first-quarter 2003 net earnings of $44 million ($0.09 per
share), compared with a net loss of $1,110 million ($2.31 per share) in the
first quarter of 2002 and a net loss of $130 million ($0.27 per share) in the... |
| | 04/10/2003 | International Paper Declares Dividend| STAMFORD, Conn., April 10 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period from April 1, 2003 to June 30, 2003, inclusive. The dividend on
the common stock of the company is payable June 16, 2003 to holders of record
at the close of business on May 23, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Also, the company declared a regular quarterly dividend of $1 per share
... |
| | 04/04/2003 | International Paper to Release First-Quarter Earnings on Thursday, April 24| STAMFORD, Conn., April 4 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release first-quarter 2003 earnings on Thursday, April 24,
2003, before the opening of the New York Stock Exchange. The company will host
a webcast to discuss earnings and current market conditions at 10 a.m. EDT
that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://ww... |
| | 03/28/2003 | International Paper Executive Vice President to Speak at Investor Conference|
STAMFORD, Conn., March 28 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President James P. Melican will be speaking at the
Deutsche Bank Basic Industries Conference, Mon., March 31, 2003, at 9:30 a.m.
EST. Mr. Melican's presentation will cover steps the company has taken to
strengthen its operations, and he will outline the company's goals to improve
profitability and returns.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
... |
| | 03/28/2003 | International Paper Announces Plans to Sell 1.5 Million Acres of Forestland|
STAMFORD, Conn., March 28 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced plans to sell approximately 1.5 million acres of
southern U.S. forestland over the next five years through Southeast Timber
Inc., a company controlled by International Paper, with an interest held by a
private investor. This company will be International Paper's primary vehicle
for selling southern forestland over the next five years. As part of this
plan, International Paper ... |
| | 03/14/2003 | International Paper Announces Offering Of $1 Billion Notes|
STAMFORD, Conn., March 14 /PRNewswire-FirstCall/ -- International Paper
Company (NYSE: IP) announced that it has commenced a private placement with
institutional investors to raise proceeds of approximately $1 billion from the
issuance of $700 million 12-year notes due 2015 and $300 million 5-year notes
due 2008. Subject to the successful completion of this offering, the company
will use the proceeds of the offering for general corporate purposes.
The securities have... |
| | 03/12/2003 | International Paper Outlines Three-Year Strategy to Improve Profitability and Comments on First-Quarter Outlook|
Targets $1.5 Billion Improvement in Cost Structure and Sales Growth
Through Strategic Focus in Three Core Businesses
Expects First-Quarter 2003 Earnings Comparable with First-Quarter 2002
STAMFORD, Conn., March 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon today outlined the
company's three-year profitability improvement targets at a presentation to
investors in New York to th... |
| | 03/11/2003 | International Paper Promotes Chris Liddell to Senior Vice President and Chief Financial Officer|
STAMFORD, Conn., March 11 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon today announced
that Chris Liddell, currently vice president, finance, has been promoted to
senior vice president and chief financial officer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Liddell was chief executive officer of Carter Holt Harvey prior to joining
International Paper and being named vice preside... |
| | 03/07/2003 | International Paper Chairman and CEO to Speak at Investor Conference|
STAMFORD, Conn., March 7 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon will be speaking
at the Morgan Stanley Mining, Paper and Packaging Conference, Wed., March 12,
2003, at 8:40 a.m. EST. Mr. Dillon's presentation will cover steps the
company has taken to strengthen its operations, and he will outline the
company's goals to improve profitability and returns.
All interested parties are invited to listen to... |
| | 02/24/2003 | International Paper and The Conservation Fund Accepting Nominations For Conservation Partnership and Environmental Education Awards|
STAMFORD, Conn., Feb. 24 /PRNewswire/ -- International Paper (NYSE: IP)
and The Conservation Fund will provide national recognition and $10,000 cash
grants to two conservation/environmental education leaders at an awards
ceremony in Washington, D.C., this summer. IP, the world's largest paper and
forest products company and tree seedling producer, has partnered with The
Conservation Fund, a non-profit organization seeking sustainable conservation
solutions for the 21st centur... |
| | 02/20/2003 | International Paper Appoints John Faraci President|
STAMFORD, Conn., Feb. 20 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon today announced
that John Faraci, currently International Paper executive vice president and
chief financial officer, has been promoted to president and elected as a
member of the company's board of directors. In this new role Faraci will
immediately assume responsibility for the operations of the company and will
continue to report to Dillon.
... |
| | 02/14/2003 | International Paper Declares Dividend| STAMFORD, Conn., Feb. 14 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period from Jan. 1, 2003 to Mar. 31, 2003, inclusive. The dividend on the
common stock of the company is payable Mar. 14, 2003 to holders of record at
the close of business on Feb. 21, 2003.
Also, the company declared a regular quarterly dividend of $1 per share
for the period Jan. 1, 2003 to Mar. 31, 2003, inclusive, on the preferred
... |
| | 01/30/2003 | International Paper Reports Fourth-Quarter 2002 Earnings: Narrows Net Loss and Improves Operating Earnings By Nearly 40 Percent for the Full Year|
Fourth-quarter operating earnings of $0.33 per share increased by
50 percent over the prior year, and full-year 2002 operating earnings
of $1.12 per share increased by nearly 40 percent, adjusting for the
elimination of goodwill amortization and before special charges.
Aggressive cost controls and mix improvement helped narrow the
full-year net loss, despite special charges primarily for cost
reduction programs and legal reserve.
STAMFORD,... |
| | 01/17/2003 | International Paper Appoints Maura Abeln Smith Senior Vice President and General Counsel|
STAMFORD, Conn., Jan. 17 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that Maura Abeln Smith has been named senior vice
president and general counsel, effective March 31, 2003. In her new position,
Ms. Smith will have overall responsibility for the operation of International
Paper's legal staff and for providing legal counsel to the corporation and its
board. She will report to James P. Melican, executive vice president.
(Logo: http://... |
| | 01/17/2003 | International Paper to Release Fourth-Quarter Earnings On Thursday, January 30|
STAMFORD, Conn., Jan. 17 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release fourth-quarter 2002 earnings on Thursday, January 30,
2003, before the opening of the New York Stock Exchange. Chairman and Chief
Executive Officer John Dillon and Executive Vice President and Chief Financial
Officer John Faraci will host a webcast to discuss earnings and current market
conditions at 10 a.m. EST that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/2002070... |
| | 01/16/2003 | International Paper Announces Resignation of EVP David Oskin|
STAMFORD, Conn., Jan. 16 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and CEO John Dillon today announced that Executive Vice
President David Oskin is leaving the company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"David has been a leader in the International Paper organization for many
years. I will miss having him as part of the senior management team," said
Dillon. "Over the 27 years he has been with Internation... |
| | 01/16/2003 | International Paper to Report Fourth-Quarter Earnings Slightly Above Estimates And Record Pre-tax Charge of $450 Million For Additional Exterior Siding Legal Reserves|
STAMFORD, Conn., Jan. 16 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today that the company will report fourth-quarter
operating earnings that will be slightly above First Call consensus estimates
of $0.26 per share, before special items.
International Paper will release fourth-quarter 2002 earnings on Thursday,
Jan. 30, 2003, before the opening of the New York Stock Exchange.
The company also announced it recorded a pre-tax charge o... |
| | 12/02/2002 | International Paper Chairman and CEO to Speak at Investor Conference|
STAMFORD, Conn., Dec. 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon will be speaking
at the Salomon Smith Barney Global Paper and Forest Products Conference,
Thursday, Dec. 5 at 8:15 a.m. EST. Mr. Dillon's presentation will cover steps
the company has taken to strengthen its operations and its ongoing efforts to
improve profitability and returns.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOG... |
| | 11/12/2002 | xpedx Selects ForestExpress For Electronic Catalog Content; Company Signs Multi-Year Deal For Product Information Processing|
ATLANTA--(BUSINESS WIRE)--Nov. 12, 2002--ForestExpress, a leader
in business-to-business integration and catalog content services for
the forest products industry, and its allied industries, today
announced a multi-year agreement with xpedx to provide processing and
maintenance of stock catalog items, and supplier activation for the
xpedx product catalog.
xpedx, a subsidiary of International Paper (NYSE: IP), is the
nation's largest distributor of printing paper, ... |
| | 11/05/2002 | International Paper Declares Dividend|
STAMFORD, Conn., Nov. 5 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period from Oct. 1, 2002 to Dec. 31, 2002, inclusive. The dividend on the
common stock of the company is payable Dec. 16, 2002 to holders of record at
the close of business on Nov. 22, 2002.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Also, the company declared a regular quarterly dividend... |
| | 10/30/2002 | International Paper Completes Private Placement of $1 Billion Notes| STAMFORD, Conn., Oct 30, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper Company (NYSE: IP) announced that it has completed a private
placement of $1 billion aggregate principal amount 5.85 percent notes due
October 30, 2012, with institutional investors. The company has instructed Bank
of New York, as trustee, to use the proceeds of the offering to retire a portion
of the company's $1.2 billion aggregate principal amount 8 percent notes due
July 8, 2003, by exercising the ma... |
| | 10/23/2002 | International Paper Announces Offering of $750 Million Notes| STAMFORD, Conn., Oct 23, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper Company (NYSE: IP) announced that it has commenced a private
placement with institutional investors to raise proceeds of approximately $750
million from the issuance of 10-year notes due 2012. Subject to the successful
completion of this offering, the company will use the proceeds of the offering
to retire a portion of its $1.2 billion aggregate principal amount 8% Notes due
July 8, 2003, by exercising t... |
| | 10/23/2002 | International Paper Reports Third Quarter 2002 Earnings|
STAMFORD, Conn., Oct. 23 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported 2002 third-quarter net earnings of $145 million
($0.30 per share), compared with a net loss of $275 million ($0.57 per share)
in the third quarter 2001 and net earnings of $215 million ($0.45 per share)
in the second quarter 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Third-quarter net sales were $6.4 billion compared with $6.5 billion fo... |
| | 10/22/2002 | Andy Lessin Appointed Senior Vice President - Internal Audit|
STAMFORD, Conn., Oct. 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President and Chief Financial Officer John Faraci
today announced that Andy Lessin has been named senior vice president -
internal audit, effective immediately.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Andy has a strong track record in his role as corporate controller. He
will bring a wealth of experience and expertise to the internal audi... |
| | 09/24/2002 | International Paper Expects Third-Quarter Earnings in Line With Estimates|
STAMFORD, Conn., Sept. 24 /PRNewswire-FirstCall/ -- At upcoming investor
conferences in London on Sept. 25, 2002, and New York on Sept. 26, 2002,
International Paper (NYSE: IP) will indicate that the company expects
third-quarter earnings to be approximately in line with First Call consensus
estimates of $0.32 per share.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper will release third-quarter 2002 earnings on Wednesday,
O... |
| | 09/20/2002 | International Paper to Release Third-Quarter Earnings on Wednesday, October 23|
STAMFORD, Conn., Sept. 20 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release third-quarter 2002 earnings on Wednesday, Oct. 23,
2002, before the opening of the New York Stock Exchange. The company will hold
a webcast to discuss earnings and current market conditions at 10 a.m. EDT
that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Inter... |
| | 09/19/2002 | International Paper Executive Vice President and CFO to Speak at Investor Conference| STAMFORD, Conn., Sep 19, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) Executive Vice President and Chief Financial
Officer John Faraci will be speaking at the UBS Warburg Global Paper and Forest
Products Conference, Thursday, Sept. 26 at 9:15 a.m. EDT. Mr. Faraci's
presentation will cover a brief overview of company operations and a discussion
of how the company is changing to improve its profitability and returns.
(Logo: http://www.newscom.com/cgi-bin/prnh/... |
| | 09/09/2002 | United States Department of Interior Presents Its '2002 Conservation Service Award' to International Paper|
SAVANNAH, Ga., Sept. 9 /PRNewswire-FirstCall/ -- For its innovative
conservation efforts with threatened and endangered species, International
Paper (NYSE: IP) received the U.S. Department of the Interior's "2002
Conservation Service Award." The award is the highest honor the Department
can bestow on private organizations, recognizing contributions toward the
cause of conservation. IP was presented the award at the 61st Departmental
Honor Awards Convocation in Washington, D.C., ... |
| | 08/13/2002 | International Paper Files CEO/CFO Certification of Financial Reports with SEC|
STAMFORD, Conn., Aug. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that John Dillon, chairman and chief executive
officer, and John Faraci, executive vice president and chief financial
officer, have filed with the Securities and Exchange Commission statements
under oath certifying the company's financial reports. The certification
pertains to the company's 2001 Annual Report, 2002 Proxy Statement, 2001
Annual Report on Form 10-K and certain other... |
| | 07/30/2002 | International Paper Declares Dividend|
STAMFORD, Conn., July 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period from July 1, 2002 to September 30, 2002, inclusive. The dividend on
the common stock of the company is payable September 16, 2002 to holders of
record at the close of business on August 23, 2002.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Also, the company declared a regular quarte... |
| | 07/18/2002 | International Paper Reports Substantial Increase in EPS for Second Quarter 2002|
STAMFORD, Conn., July 18 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported 2002 second-quarter net earnings of $215 million
($0.45 per share), compared with a net loss of $313 million ($0.65 per share)
in the second quarter 2001 and net earnings of $65 million ($0.13 per share)
in the first quarter 2002.
Second-quarter net sales were $6.3 billion compared with $6.7 billion for
the same period in 2001 and $6 billion in the first quarter of 2002.
... |
| | 07/02/2002 | International Paper to Release Second-Quarter Earnings on Thursday, July 18|
STAMFORD, Conn., July 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release second-quarter 2002 earnings on Thursday, July 18,
2002, before the opening of the New York Stock Exchange. The company will hold
a webcast to discuss earnings and current market conditions at 10 a.m. (EDT)
that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Intern... |
| | 07/01/2002 | International Paper Completes Sale of Decorative Products Division|
STAMFORD, Conn., July 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today it has completed the sale of its Decorative
Products Division to an affiliate of Kohlberg & Company. Terms of the sale
were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
As a result of the sale, International Paper's former Decorative Products
facilities will operate as a new company, Nevamar Company LLC, and will
continue to be head... |
| | 06/25/2002 | International Paper and The Conservation Fund Recognize Environmental and Conservation Excellence with Awards| WASHINGTON, Jun 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- A high school
teacher in Washington state with a passion for environmental education and the
founder of a land conservation group in New Jersey today received 2002
Environmental Excellence Awards from International Paper and The Conservation
Fund.
The awards, each accompanied by a $10,000 grant from the International Paper
Company Foundation, were presented at the National Press Club in Washington,
D.C. The Honorable James C... |
| | 06/18/2002 | International Paper to Cease Operations at Hudson River Mill in Fourth Quarter|
STAMFORD, Conn., June 18 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has decided to close its Hudson River mill in
Corinth, NY., in the fourth quarter of 2002. During this time the mill will
be for sale.
"We have a strong history of papermaking at Hudson River and a highly
skilled workforce, however, the sluggish economy, coupled with steeply reduced
demand has hindered the process of positioning the mill to compete
effectively," said LH... |
| | 06/17/2002 | International Paper Discontinues Divestiture Efforts for Two Business Units|
STAMFORD, Conn., June 17 /PRNewswire-FirstCall/ --
International Paper (NYSE: IP) today announced it will discontinue divestiture
efforts for its Arizona Chemical and Industrial Papers businesses. Both
businesses will remain a part of the company.
International Paper announced its intentions to sell its Arizona Chemical
and Industrial Papers businesses in November 2000 and November 2001
respectively, as part of the company's divestiture program. To date,
International Pa... |
| | 06/12/2002 | International Paper Announces Retirement of VP Carol Tutundgy, Appoints Darial Sneed Vice President, Investor Relations|
STAMFORD, Conn., June 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President James Melican today announced that Carol
Tutundgy will retire as its Vice President of Investor Relations, effective
June 30, 2002.
"We have been fortunate to have Carol in the Investor Relations role at
International Paper for the last 15 years," said Melican. "Her leadership has
contributed greatly to our corporate reputation, particularly through the last
several ... |
| | 05/17/2002 | International Paper Executive Vice President to Speak at Investor Conference|
STAMFORD, Conn., May 17 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President Rob Amen will be speaking at the Goldman
Sachs 10th Annual Cyclical conference on Monday, May 20, 2002, at 7:45 a.m.
(EDT) Mr. Amen's presentation will cover a brief overview of company
operations and a discussion of how the company is changing to improve its
profitability and returns.
All interested parties are invited to listen to the webcast live via the
comp... |
| | 05/07/2002 | International Paper Declares Dividend| STAMFORD, Conn., May 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today announced a regular quarterly dividend of $0.25 per share
for the period from April 1, 2002 to June 30, 2002, inclusive. The dividend on
the common stock of the company is payable June 14, 2002 to holders of record at
the close of business on May 24, 2002.
Also, the company declared a regular quarterly dividend of $1 per share for the
period from April 1, 2002 to June 30, 2002, inclusi... |
| | 05/01/2002 | International Paper Agrees to Sell Decorative Products Division| STAMFORD, Conn., May 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) announced today it has entered into a purchase and sale
agreement to sell its Decorative Products Division to an affiliate of Kohlberg &
Company. The agreement is subject to continuing due diligence, and other terms
and conditions that were not disclosed. A further announcement will be made when
the transaction closes.
The Decorative Products Division manufactures and markets high and low pr... |
| | 04/19/2002 | International Paper Reports First-Quarter 2002 Earnings| STAMFORD, Conn., Apr 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today reported 2002 first-quarter earnings of $58 million ($0.12
per share), compared with $24 million ($0.05 per share) in the first quarter
2001 and $58 million ($0.12 per share) in the fourth quarter 2001. All figures
are before special and extraordinary items.
First-quarter net sales were $6 billion compared with $6.9 billion for the same
period in 2001 and $6.3 billion in... |
| | 04/15/2002 | International Paper and The Conservation Fund Accepting Nominations for Environmental Leadership Awards| SAVANNAH, Ga., Apr 15, 2002 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) and The Conservation Fund will select two people for their
environmental leadership to receive national recognition and $10,000 in cash
grants at an awards ceremony in Washington, D.C., this summer. Award nominations
are being accepted through April 26, 2002.
IP, the world's largest paper and forest products company and tree seedling
producer, has joined with The Conservation Fund, a nonprofit organiza... |
| | 04/09/2002 | International Paper Appoints Independent Auditor| STAMFORD, Conn., Apr 9, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper Company (NYSE: IP) today announced that its Board of Directors has
appointed Deloitte & Touche LLP as the company's independent auditor for 2002.
The action was taken after a thorough evaluation process.
"We look forward to working with Deloitte & Touche in the firm's new role as our
independent auditor," said John Dillon, International Paper's chairman and chief
executive officer.
Prior to the sel... |
| | 04/03/2002 | International Paper to Release First-Quarter Earnings on Friday, April 19| STAMFORD, Conn., Apr 3, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) will release first-quarter 2002 earnings on Friday, April 19,
before the opening of the New York Stock Exchange. The company will hold a
webcast to discuss earnings and current market conditions at 1 p.m. (EDT) that
day.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on the
Investor Informatio... |
| | 04/02/2002 | International Paper Completes Sale of Oriented Strand Board (OSB) Facilities| STAMFORD, Conn., Apr 2, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today announced the completion of the sale of its Oriented
Strand Board (OSB) facilities to Nexfor Inc. (TSE: NF).
The sale of the Oriented Stand Board facilities is in conjunction with
International Paper's plans to divest businesses that no longer fit its
long-term strategy.
"The OSB sale brings our divestment total to $3 billion," said John Dillon,
chairman and chief executive officer... |
| | 04/01/2002 | International Paper Completes Sale of Connecticut Lakes Property to The Trust for Public Land| CONCORD, N.H., Apr 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) and the Trust for Public Land (TPL) today announced the sale of
171,500 acres in Pittsburg, Clarksville, and Stewartstown, NH, known as the
Connecticut Lakes property, for $32.7 million. The sale marks the transfer of
ownership from International Paper to TPL of the largest unbroken tract of
private forestland in New Hampshire. This purchase is a critical milestone in
the partnership effort betwe... |
| | 03/12/2002 | International Paper Chairman and CEO to Speak at Investor Conference| STAMFORD, Conn., Mar 12, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) Chairman and Chief Executive Officer John Dillon
will be speaking at Morgan Stanley's Mining, Paper & Packaging Investor
Conference Wednesday, March 13 at 9 a.m. (EST). Mr. Dillon's presentation will
cover a brief overview of company operations and a discussion of how the company
is changing to improve its profitability and returns.
All interested parties are invited to listen to the webcas... |
| | 02/12/2002 | International Paper Declares Dividend| STAMFORD, Conn., Feb 12, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) today announced a regular quarterly dividend of
$0.25 per share for the period from January 1, 2002 to March 31, 2002,
inclusive. The dividend on the common stock of the company is payable March 15,
2002 to holders of record at the close of business on February 22, 2002.
Also, the company declared a regular quarterly dividend of $1 per share for the
period from January 1, 2002 to March 31, ... |
| | 02/08/2002 | International Paper Signs Letter of Intent to Sell OSB Facilities| STAMFORD, Conn., Feb 8, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today announced that it has signed a letter of intent to sell
its Oriented Strand Board (OSB) facilities to Nexfor Inc., one of North
America's leading producers of OSB. The facilities, which are located in
Jefferson and Nacogdoches, Texas, and Cordele, Ga., employ a total of 456
people. The plants are part of IP's Panels & Engineered Wood business,
headquartered in Savannah, Ga. The proposed s... |
| | 02/07/2002 | International Paper Ends Discussions to Sell Decorative Products Division| HANOVER, Md., Feb 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) announced today it has ended discussions to sell its Decorative
Products Division to Panolam Industries of Shelton, Conn. The previously
announced Letter of Intent with Panolam expired September 17, 2001 but, until
recently, both parties had continued discussions in order to try and reach a
final agreement.
Headquartered in Hanover, MD, the Decorative Products division is part of
International... |
| | 01/24/2002 | International Paper Announces Shutdown of Morton, Miss., Lumber Mill| MORTON, Miss., Jan. 24 /PRNewswire-FirstCall/ -- International Paper today
announced that due to unfavorable economic conditions its lumber mill in Morton,
Miss., would be shutting down operations in the next 60 days. Approximately 185
employees will be impacted by the shutdown.
"This decision was driven by difficult market conditions that affected this
older, high cost facility and caused the mill to lose substantial amounts of
money," said Art McGowan, IP's vice president -- lumber pr... |
| | 01/22/2002 | International Paper Reports Fourth-Quarter 2001 Earnings| STAMFORD, Conn., Jan. 22 /PRNewswire-FirstCall/ -- International Paper (NYSE:
IP) today reported 2001 fourth-quarter earnings of $58 million ($0.12 per
share), compared with $145 million ($0.28 per share) in the fourth quarter 2000
and $68 million ($0.14 per share) in the third quarter 2001. All figures are
before special and extraordinary items.
For the year 2001, International Paper reported earnings of $214 million ($0.44
per share) before special and extraordinary items, compared wi... |
| | 01/09/2002 | International Paper Land Sale to The Nature Conservancy Benefits Michigan's Keweenaw Peninsula Forests| HOUGHTON, Mich., Jan. 9 /PRNewswire-FirstCall/ -- International Paper and The
Nature Conservancy have entered into an agreement that will allow The Nature
Conservancy to purchase 6,275 acres of International Paper land in Michigan's
Keweenaw Peninsula for $12 million. Through this acquisition The Nature
Conservancy intends to conserve the forested character of the land and protect
important recreational and ecological resources, including 6.5 miles of Lake
Superior shoreline, 4.8 miles of ... |
| | 01/08/2002 | International Paper to Release Fourth-Quarter Earnings On Tuesday, January 22nd| STAMFORD, Conn., Jan. 8 /PRNewswire-FirstCall/ -- International Paper (NYSE:
IP) will release fourth-quarter 2001 earnings on January 22, before the opening
of the New York Stock Exchange. The company will hold a webcast to discuss
earnings and current market conditions at 10 a.m. (EST) that day.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on the
Investor Information button. Persons who... |
| | 01/07/2002 | International Paper to Eliminate 100,000 Tons of Containerboard Capacity and 350 Jobs| STAMFORD, Conn., Jan 7, 2002 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) today announced that as part of on-going optimization efforts, the
company's Industrial Packaging Group will eliminate 350 jobs and reduce its
containerboard capacity by 100,000 tons.
The Oswego, N.Y., containerboard mill will be shut down by the end of January
2002, eliminating 102 jobs and 100,000 tons of linerboard, medium and kraft
papers capacity. All of these tons will be transferred to other co... |
| | 11/20/2001 | International Paper Chairman and CEO to Speak at Investor Conference| STAMFORD, Conn., Nov 20, 2001 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon will be speaking at
Salomon Smith Barney's 6th Annual Global Paper & Forest Products Conference on
Thursday, Nov. 29 at 10:15 a.m. (EST). Mr. Dillon's presentation will cover a
brief overview of company operations and a discussion of how the company is
changing to improve its profitability and returns.
All interested parties are invited to listen to th... |
| | 11/20/2001 | International Paper Executive Vice President to Speak at Investor Conference| STAMFORD, Conn., Nov 20, 2001 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) Executive Vice President Rob Amen will be speaking at the Deutsche
Bank Basic Industries Conference on Tuesday, Nov. 27 at 11 a.m. (EST). Mr.
Amen's presentation will cover a brief overview of company operations and a
discussion of how the company is changing to improve its profitability and
returns.
All interested parties are invited to listen to the webcast live via the
company's Internet site at ... |
| | 11/09/2001 | International Paper Sponsors Packaging For 'The Long Road to Freedom: An Anthology of Black Music'| STAMFORD, Conn., Nov 9, 2001 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) is proud to be the official sponsor for the packaging of "The Long
Road to Freedom: An Anthology of Black Music," recently released by Buddha
Records, a unit of BMG Entertainment. Produced by Harry Belafonte, the anthology
portrays the music of Black Americans from the period of their earliest arrival
in North America up through the spirituals, blues and folk music of the early
20th century.
A limite... |
| | 11/06/2001 | International Paper Declares Dividend|
STAMFORD, Conn., Nov. 6 /PRNewswire/ -- International Paper (NYSE: IP)
today announced a regular quarterly dividend of $0.25 per share for the period
from Oct. 1 to Dec. 31, 2001, inclusive. The dividend on the common stock of
the company is payable Dec. 14, 2001 to holders of record at the close of
business on Nov. 23, 2001.
Also, the company declared a regular quarterly dividend of $1 per share
for the period from Oct. 1, 2001 to Dec. 31, 2001, inclusive, on the p... |
| | 10/24/2001 | International Paper Announces Retirement of C. Wes Smith and Related Organizational Changes|
STAMFORD, Conn., Oct. 24 /PRNewswire/ -- International Paper Chairman and
Chief Executive Officer John Dillon today announced that Executive Vice
President C. Wes Smith will retire from the company, effective Jan. 31, 2002.
"Wes has worked in the paper and forest products industry for over
43 years; half of that time has been with IP," Dillon said. "Wes has played a
major role in the tremendous growth and success of our company. He has been
an absolutely outstandin... |
| | 10/17/2001 | International Paper Reports Third-Quarter 2001 Earnings|
STAMFORD, Conn., Oct. 17 /PRNewswire/ -- International Paper (NYSE: IP)
today reported third-quarter 2001 earnings of $68 million ($0.14 per share)
before special items, compared with $260 million ($0.53 per share) in the
third quarter 2000 and $64 million ($0.13 per share) in the second quarter
2001. All figures are before special and extraordinary items.
"International Paper continues to take measures that strengthen our
company -- focusing on our core businesses, ... |
| | 10/05/2001 | International Paper to Release Third-Quarter Earnings on Wednesday, October 17th| STAMFORD, Conn., Oct 5, 2001 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) will release third-quarter 2001 earnings on October 17, before the
opening of the New York Stock Exchange. The company will hold a webcast to
discuss earnings and current market conditions at 11 a.m. (EDT) that day.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on the
Investor Information button. Person... |
| | 10/04/2001 | International Paper Agrees to Sell Connecticut Lakes Property to The Trust for Public Land| PITTSBURG, N.H., Oct 4, 2001 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) and the Trust for Public Land (TPL) announced today the next step in
an agreement that will make it possible to protect approximately 171,500 acres
in Pittsburg, Clarksville, and Stewartstown known as the Connecticut Lakes
property.
TPL, a national nonprofit organization, is proposing to purchase the property
from International Paper by December 31, 2001, with the purchase price to be
determined by a... |
| | 09/04/2001 | International Paper Completes Sale of Masonite| STAMFORD, Conn., Sep 4, 2001 /PRNewswire/ -- International Paper
(NYSE: IP) today announced the completion of the sale of its Masonite business
to Premdor Inc. (NYSE: PI; TSE: PDI).
The sale of the Masonite business is in conjunction with International Paper's
plans to divest businesses that no longer fit its long-term strategy.
"We are pleased that our divestiture program is well underway," said John
Faraci, executive vice president and chief financial officer of International... |
| | 08/07/2001 | International Paper Completes Sale of Flexible Packaging Business|
STAMFORD, Conn., Aug. 7 /PRNewswire/ -- International Paper (NYSE: IP)
announced today the completion of the sale of its Flexible Packaging business
to Exo-Tech Packaging LLC., a company sponsored by the Sterling Group.
Earlier this year, International Paper had announced its intention to sell the
business to the Sterling Group L.P., a Houston, Texas, based private equity
firm. Details of the transaction were not disclosed.
"The decision to sell Flexible Packaging w... |
| | 08/07/2001 | International Paper Declares Dividend|
STAMFORD, Conn., Aug. 7 /PRNewswire/ -- International Paper (NYSE: IP)
today announced a regular quarterly dividend of $0.25 per share for the period
from July 1, 2001 to September 30, 2001, inclusive. The dividend on the common
stock of the company is payable September 14, 2001 to holders of record at the
close of business on August 24, 2001.
Also, the company declared a regular quarterly dividend of $1 per share
for the period from July 1, 2001 to September 30, 2001, i... |
| | 07/31/2001 | Audubon Society Recognizes International Paper's Southlands Forest in Georgia as Important Bird Area|
BAINBRIDGE, Ga., July 31 /PRNewswire/ -- International Paper announced
that the Atlanta Chapter of the Audubon Society has designated the company's
Silver Lake tract at its Southlands Forest near Bainbridge, Ga., as an
Important Bird Area (IBA). This important recognition establishes
International Paper as the only industrial landowner in Georgia with an IBA
designated on its property.
"International Paper has broken new ground again with its habitat
conservation plan f... |
| | 07/17/2001 | International Paper Reports Second-Quarter 2001 Earnings|
STAMFORD, Conn., July 17 /PRNewswire/ -- International Paper (NYSE: IP)
today reported second-quarter 2001 earnings of $64 million ($.13 per share)
before special items, an increase of $40 million over the previous quarter.
First-quarter 2001 earnings before special and extraordinary items were
$24 million ($.05 per share). Earnings for the second quarter last year were
$315 million ($.75 per share) before special items. Second-quarter 2001 net
sales were $6.7 billion, compared to ... |
| | 07/13/2001 | International Paper to Release Second-Quarter Earnings on Tuesday, July 17th|
STAMFORD, Conn., July 13 /PRNewswire/ -- International Paper (NYSE: IP)
will release second-quarter 2001 earnings on July 17, before the opening of
the New York Stock Exchange. The company will hold a webcast to discuss
earnings and current market conditions at 10 a.m. (EDT) that day.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on
the Investor Information button. Persons w... |
| | 07/12/2001 | International Paper Plans Indefinite Shutdown of Four Paper Machines; Restructures Forest Resources Business|
STAMFORD, Conn., July 12 /PRNewswire/ -- International Paper (NYSE: IP)
today announced plans to indefinitely shut down production capacity of
670,000 tons within its containerboard and coated papers businesses. Three
paper machines at the company's Savannah, Ga., mill and one at its Hudson
River mill in Corinth, N.Y., will be indefinitely shutdown.
"These are difficult decisions impacting mills with a significant history
for our company. However, the strong dollar has... |
| | 07/10/2001 | International Paper Closes on Sale of Hydroelectric Facility in New York| STAMFORD, Conn., Jul 10, 2001 /PRNewswire/ -- International Paper
(NYSE: IP) announced today it has completed the sale of its Curtis/Palmer
hydroelectric generating project in Corinth, New York, to TransCanada PipeLines
Limited. The transaction price was $285 million.
International Paper first announced its plans to sell the Curtis/Palmer facility
in November of 2000 as part of International Paper's plans to divest assets that
no longer fit the company's long-term business strategy.
... |
| | 07/05/2001 | International Paper and Premdor Revise Terms of Masonite Sale| STAMFORD, Conn., Jul 5, 2001 /PRNewswire/ -- International Paper
(NYSE: IP) announced today that it has signed an amendment to the purchase
agreement for the sale of Masonite to Premdor Inc. (NYSE: PI). The sale is
subject to final approval by the Department of Justice and is expected to close
on August 31, 2001. Under the terms of the sale agreement, Premdor will purchase
the Masonite business for $300 million in cash and $200 million in notes,
subject to certain adjustments.
Internat... |
| | 06/25/2001 | International Paper Announces Restructuring and Profit Improvement Plans|
STAMFORD, Conn., June 25 /PRNewswire/ -- International Paper (NYSE: IP)
announced today that it will eliminate 3,000 jobs from its domestic workforce.
The majority of the job reductions will occur in the next 12 months through a
streamlining of the company's staff support functions, as well as by
organizational changes within several of its operating businesses. The
reductions represent ten percent of the company's U.S. salaried workforce,
excluding its divestiture businesses... |
| | 06/21/2001 | EPA Administrator Christie Whitman Addresses 2001 Environmental Excellence Award Winners; IP and The Conservation Fund Recognize Environmental Leadership|
WASHINGTON, June 21 /PRNewswire/ -- Environmental Protection Agency
Administrator Christie Whitman today recognized William H. Crawford,
Frederick, Okla., and Keith Etheridge, East Lansing, Mich., for earning the
"2001 Environmental Excellence Awards," presented by International Paper and
The Conservation Fund. EPA Administrator Whitman was the keynote speaker at
the event. International Paper Executive Vice President C. Wesley Smith and
The Conservation Fund Chairman Patrick F.... |
| | 06/13/2001 | International Paper Announces Offering Of $1 Billion Zero Coupon Convertible Debentures|
STAMFORD, Conn., June 13 /PRNewswire/ -- International Paper Company
(NYSE: IP) announced that it has commenced a private placement with
institutional investors to raise proceeds of approximately $1 billion from the
issuance of Zero Coupon Convertible Debentures due June 20, 2021. The initial
purchasers will also have the option to purchase up to an additional
$150 million, subject to an over-allotment option. The Debentures provide put
options in years 3, 5, 10 and 15 and ma... |
| | 05/22/2001 | International Paper CFO To Speak at Investor Conference|
STAMFORD, Conn., May 22 /PRNewswire/ -- International Paper (NYSE: IP)
Executive Vice President and Chief Financial Officer John Faraci will be
speaking at the Goldman Sachs Paper and Forest Products Fourth Annual
Investors Forum on Thursday, May 24 at 10:55 a.m. (EST).
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on
the Investor Information button. To access the web cast... |
| | 05/10/2001 | John Dillon, Chairman and CEO of International Paper Company, Elected New Chairman of the Business Roundtable|
WASHINGTON, May 10 /PRNewswire/ -- The Business Roundtable (BRT) announced
today that John T. Dillon, chairman and chief executive officer of
International Paper, has been elected its new chairman. He will assume the
post at the BRT's Annual Meeting on June 20.
The BRT is America's leading business association, comprising the chief
executive officers of leading U.S. corporations with a combined workforce of
more than 10 million Americans. Through its member compan... |
| | 05/08/2001 | International Paper Announces Purchase Agreement for Flexible Packaging Business|
PURCHASE, N.Y., May 8 /PRNewswire/ -- International Paper (NYSE: IP)
announced today the signing of a purchase agreement to sell its Flexible
Packaging Business on May 7, 2001 to a company sponsored by The Sterling
Group, L.P., a Houston, Texas, based private equity firm. Details of the deal
were not disclosed. This transaction, which is expected to close at the end of
June, is subject to customary closing conditions.
"We are pleased that Sterling will maintain Flex... |
| | 05/07/2001 | International Paper Announces Regular Quarterly Dividend|
NEW YORK, May 7 /PRNewswire/ -- International Paper today announced a
regular quarterly dividend of $.25 per share for the period from April 1, 2001
to June 30, 2001, inclusive. The dividend on the common stock of the company
is payable June 15, 2001 to holders of record at the close of business on
May 18, 2001.
Also, the company declared a regular quarterly dividend of $1 per share
for the period from April 1, 2001 to June 30, 2001, inclusive, of the
preferred stock o... |
| | 04/26/2001 | International Paper Reaches Agreement to Sell Water Company For $100 Million as Part of Its Divestiture Program|
PURCHASE, N.Y., April 26 /PRNewswire/ -- International Paper (NYSE: IP)
has reached a definitive agreement to sell its Chocolate Bayou Water Company,
an IP subsidiary in the Houston, Texas, area, to the North Harris County
Regional Water Authority in Southeast Texas for approximately $100 million,
subject to certain adjustments at closing. The transaction is subject to
normal closing conditions, including regulatory approval. The IP company holds
water rights on the Brazos Ri... |
| | 04/25/2001 | International Paper Closes Bleached Board Mill in Moss Point, Mississippi|
MOSS POINT, Miss., April 25 /PRNewswire Interactive News Release/ --
International Paper's Moss Point Bleached Board Mill will indefinitely close
by the end of the second quarter of 2001 due to high costs and the need to
align production with its customer demand.
"We sincerely regret the effect this decision will have on the employees,
their families and the surrounding communities," said Ed Locke, mill
manager-Moss Point Mill. "Due to economies of scale and age, the mi... |
| | 04/18/2001 | International Paper Reports First-Quarter 2001 Earnings|
PURCHASE, N.Y., April 18 /PRNewswire/ -- International Paper (NYSE: IP)
today reported first-quarter 2001 earnings of $24 million ($.05 per share)
before special and extraordinary items. Earnings for the same period a year
earlier were $249 million ($.60 per share) before special and extraordinary
items. First-quarter 2001 net sales were $6.9 billion, compared to
$6.4 billion in the first-quarter 2000. Fourth-quarter 2000 earnings before
special and extraordinary items were $145 m... |
| | 04/13/2001 | International Paper to Release First-Quarter Earnings on Wednesday April 18th|
PURCHASE, N.Y., April 13 /PRNewswire/ -- International Paper (NYSE: IP)
will release first-quarter 2001 earnings on April 18th before the opening of
the New York Stock Exchange. The company will hold a webcast to discuss
earnings and current market conditions at 11:30 a.m. (EST) that day.
All interested parties are invited to listen to the webcast live via the
Company's Internet site at http://www.internationalpaper.com by clicking on
the Investor Information button... |
| | 03/30/2001 | Mississippi Wildlife Federation Names International Paper Corporate Conservationist of the Year for 2000|
JACKSON, Miss., March 30 /PRNewswire/ -- The Mississippi Wildlife
Federation (MWF) has named International Paper its 2000 Corporate
Conservationist of the Year. Each year, the federation recognizes outstanding
individual and group achievement in preserving or enhancing the state's
wildlife and outdoor recreational resources. MWF also noted that IP has been
a long-standing sponsor and participant in weeklong conservation education
training for teachers, along with the Missis... |
| | 03/29/2001 | International Paper Expects Lower First Quarter Earnings|
PURCHASE, N.Y., March 29 /PRNewswire/ -- International Paper announced
today that first-quarter earnings will be lower than current estimates as a
result of the economic downturn, high energy costs and continued strong U.S.
dollar, which is curtailing exports and fostering imports. Earnings for the
first quarter 2001 are expected to be in the area of $.05 per share.
John Faraci, executive vice president and chief financial officer, will
discuss first-quarter condit... |
| | 03/27/2001 | Thomas E. Gestrich Named Senior Vice President of Consumer Packaging For International Paper|
PURCHASE, N.Y., March 27 /PRNewswire/ -- Thomas E. Gestrich, a native of
Pittsburgh, has been named senior vice president of Consumer Packaging for
International Paper, the world's largest paper and forest products company.
Gestrich will serve on the senior leadership team for the company, reporting
to David W. Oskin, executive vice president. Gestrich takes on his new
assignment after two years as vice president and general manager of
International Paper's Beverage Packagin... |
| | 03/14/2001 | International Paper Announces Expansion of Texas SuperTree Nurseries|
BULLARD, Texas, March 14 /PRNewswire/ -- International Paper's Forest
Resources business today announced the expansion of its Texas SuperTree(TM)
Nurseries in Bullard and Livingston in east Texas. The expansion will
increase IP's seedling production in the state from 67 million to 78 million
annually. The additional seedlings per year will allow the company's Texas
nurseries to support both current and anticipated future customer demand.
To support the increased s... |
| | 03/13/2001 | CEO to Address Morgan Stanley Conference, Webcast Live on the Company Internet Site|
PURCHASE, N.Y., March 13 /PRNewswire/ -- John Dillon, chairman and chief
executive officer of International Paper, will address participants at Morgan
Stanley Dean Witter's Paper, Forest Products & Packaging Conference on
Wednesday, March 14. His remarks will be web cast live on the company's
Internet site.
All interested parties are invited to listen to Dillon's remarks and view
the slide presentation live beginning at 12:45 p.m. EST via the company's
Internet sit... |
| | 03/13/2001 | International Paper Announces Sale of Hydroelectric Facility in New York|
PURCHASE, N.Y., March 13 /PRNewswire/ -- International Paper announced
today it has reached an agreement to sell its Curtis/Palmer hydroelectric
generating project in Corinth, New York, to TransCanada Pipelines Limited for
$285 million. The sale of the Curtis/Palmer facility is not anticipated to
affect the operations of International Paper's nearby Hudson River Mill.
International Paper first announced its plans to sell the Curtis/Palmer
facility in November of 200... |
| | 03/12/2001 | International Paper and Carter Holt Harvey to Invest 50 Percent Stake In Pacific Millennium Paper Group|
HONG KONG, March 12 /PRNewswire/ -- International Paper (NYSE: IP) and
Carter Holt Harvey (CHH) have joined to invest a 50 percent share in Pacific
Millennium Paper Group (PMPG), a privately-held company conducting business in
greater China, South East Asia, and San Diego, California. Pacific Millennium
focuses on the fiber-based packaging industry, including distribution,
packaging manufacturing, and paperboard manufacturing. The terms of the
agreement are undisclosed. Wi... |
| | 03/07/2001 | International Paper's Joe Hanley Named 'Forester of the Year' By New York Society of American Foresters|
PURCHASE, N.Y., March 7 /PRNewswire/ -- Joe Hanley, area manager of
International Paper's New York forestlands, was recently honored as "Forester
of the Year" for 2000 by the New York Society of American Foresters. The award
was given "in recognition of outstanding contributions to the practice and
profession of forestry, the conservation and stewardship of forest resources
in New York, and the objectives of the Society of American Foresters."
Hanley, a graduate of ... |
| | 02/20/2001 | EPA Selects Two International Paper Sites as Charter Members Of Its Exclusive Program; National Environmental Achievement Track (NEAT)| PURCHASE, N.Y., Feb. 20 /PRNewswire/ -- The U.S. Environmental Protection
Agency has recognized International Paper for leadership and innovation in
environmental management at two of its U.S. paper mills. The company's
Androscoggin Mill in Jay, Maine, and its Mansfield, La., Mill, were recently
inducted as charter members in the EPA National Environmental Achievement
Track (NEAT).
The EPA recently accepted 225 corporations and individual facilities as
charter members of the NE... |
| | 02/15/2001 | International Paper Announces Sale of Forestlands in Washington State|
PURCHASE, N.Y., Feb. 15 /PRNewswire/ -- International Paper today
announced it has reached an agreement to sell approximately 265,000 acres of
forestlands in the state of Washington to Rainier Timber Company, LLC, a newly
formed company managed by The Campbell Group of Portland, Ore., for more than
$500 million. Proceeds will be used to reduce International Paper's
outstanding debt. The forestlands to be sold are located primarily in Pierce
and Klickitat counties.
... |
| | 02/13/2001 | International Paper Declares Dividend|
PURCHASE, N.Y., Feb. 13 /PRNewswire/ -- International Paper (NYSE: IP)
today announced a regular quarterly dividend of $0.25 per share for the period
from January 1, 2001 to March 31, 2001, inclusive, on the common stock of the
company, payable March 15, 2001, to holders of record at the close of business
on February 23, 2001.
Also, the company declared a regular quarterly dividend of $1 per share
for the period from January 1, 2001 to March 31, 2001, inclusive, on ... |
| | 02/08/2001 | International Paper Announces Permanent Closure of Two Lumber Mills|
COSTIGAN, Maine, Feb. 8 /PRNewswire/ -- International Paper's Lumber
Products business today announced the permanent closure of its Passadumkeag
and Costigan, Maine, Lumber operations, with a chipper operation to continue
at the Costigan site for an indefinite period of time. This action is being
taken due to market conditions characterized by prices at their lowest level
in more than a decade and the impact of lumber imports. Also, the facilities
cannot be operated profitabl... |
| | 01/31/2001 | International Paper Conveys Oil and Gas Properties to Pure Resources, Inc. and its Affiliates|
PURCHASE, N.Y., Jan. 31 /PRNewswire/ -- International Paper (NYSE: IP)
today announced it has conveyed its oil and gas properties and fee mineral and
royalty interests to Pure Resources, Inc. and its affiliates. The transactions
are valued at approximately $300 million, subject to certain adjustments.
Today's agreement is part of International Paper's divestiture program to
dispose of more than $5 billion in assets that no longer fit the company's
long-term strategy in the ... |
| | 01/31/2001 | International Paper and Power Paper Announce e-Packaging Partnership| 2 MANHATTANVILLE ROAD
PURCHASE, NY 10577-2196
Media
Contacts:
International Paper Power Paper
Jack
Cox Michele Lorbieski
914-397-1952 317-275-2275
(S&S Public Relations)
Jenny
Boardman
Mindy Franklin
901-763-5944 847-955-7730
(S&S Public Relations)
In... |
| | 01/24/2001 | International Paper Reports Fourth Quarter Earnings of $.28 Per Share|
PURCHASE, N.Y., Jan. 24 /PRNewswire/ -- International Paper (NYSE: IP)
reported earnings before special and extraordinary items of $145 million
($.28 per share) for the fourth quarter compared with earnings before special
items of $227 million ($.55 per share) for the fourth quarter of 1999.
Third-quarter 2000 earnings were $260 million ($.53 per share) before one-time
charges.
For the year, International Paper reported earnings of $969 million
($2.16 per share) before ... |
| | 01/10/2001 | International Paper to Release Fourth-Quarter 2000 Earnings on January 24|
PURCHASE, N.Y., Jan. 10 /PRNewswire/ -- International Paper (NYSE: IP)
will release fourth-quarter 2000 earnings on the morning of Wednesday,
January 24. The company will hold a webcast to discuss earnings at 1 p.m.
(EST) that day.
The webcast will be available on the company's Internet site,
http://www.internationalpaper.com, under "Investor Information." Persons who
wish to listen to the live webcast must pre-register at the site that morning.
A replay of the web... |
| | 01/05/2001 | International Paper Completes Sale of Zanders Feinpapiere|
PURCHASE, N.Y., Jan. 5 /PRNewswire/ -- International Paper (NYSE: IP) and
Metsa Serla have completed Metsa Serla's purchase of approximately a
72 percent shareholding in Zanders Feinpapiere AG from International Paper.
Regulatory approvals were granted in Europe and the U.S. in December, 2000.
This transaction is a continuation of International Paper's previously
announced plans to sell $5 billion in assets, including timberlands, by the
end of 2001.
Metsa Serla's ... |
| | 01/04/2001 | International Paper and The Nature Conservancy Announce Historic Conservation Agreement for the Adirondacks|
ALBANY, N.Y., Jan. 4 /PRNewswire/ -- International Paper (NYSE: IP) and
The Nature Conservancy today announced a historic agreement that will conserve
the forested character of the Adirondack Park, protect important ecological
resources, create significant new outdoor recreation opportunities, and
maintain the economic benefits of the region's working forest.
Under the agreement, which is one of the largest in the history of The
Nature Conservancy's program in New Y... |
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