| Date | Title | | 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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