| Date | Title | | 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, ... |
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