Major Products: Flexographic and specialty inks and graphic arts coatings.

Number of Employees: More than 37,000 worldwide.

Comments: A leader in industrial and consumer packaging and global cellulose fibers worldwide, International Paper reported $18.6 billion in sales in 2024.

In terms of segments, 83% of its revenue is from Industrial Packaging, and 17% is in Global Cellulose Fibers. Full-year free cash flow was $757 million in 2024.

On Jan. 31, 2025, International Paper announced that its combination with DS Smith Plc has been completed. Pro forma 2024 combined revenues of the two companies were approximately $28 billion.

“With a stronger portfolio of sustainable packaging solutions, the combination of International Paper and DS Smith enhances our offerings, increases innovation and expands our geographic reach,” Andy Silvernail, International Paper chairman and CEO. “We will bring together the capabilities and expertise of two experienced teams, with similar cultures to create the global leader in sustainable packaging solutions.”

Major Products: Flexographic and specialty inks and graphic arts coatings.

Number of Employees: More than 39,000 worldwide.

Comments: International Paper is a leader in industrial and consumer packaging and global cellulose fibers worldwide, reporting $18.9 billion in sales in 2023. In terms of segments, 83% of its revenue is from Industrial Packaging, and 15% is in Global Cellulose Fibers. Full-year free cash flow was $692 million in 2023.

For International Paper, 2023 was a huge year, with major news on both the personnel and acquisition fronts. On the personnel side, Mark Sutton, longtime chairman and CEO, announced he was retiring as CEO and staying on as chairman. Andrew Silvernail, most recently an executive advisor with KKR & Co. and previously chairman and CEO of Madison Industries and IDEX Corporation, is now CEO of International Paper.

“The board’s succession process was comprehensive, and I’m confident that Andy’s experience paired with the industry expertise of our senior leadership team will amplify the company’s success going forward,” Sutton said.

As for acquisitions, International Paper and DS Smith Plc reached agreement on the terms of a recommended all-share combination. This will create a company with 90% of revenue from sustainable fiber-based packaging. Pro forma 2023 combined revenues of the two companies were approximately $28.2 billion, with a combined adjusted EBITDA of approximately $4.1 billion.

“Combining with DS Smith is a logical next step in IP’s strategy to drive profitable growth by strengthening our global packaging business,” said Sutton. “DS Smith is a leader in packaging solutions with an extensive reach across Europe, which complements IP’s capabilities and will accelerate growth through innovation and sustainability.”

International Paper’s Specialty Products Division manufactures flexo and specialty inks and graphic arts coatings, among other consumables, for International Paper’s packaging operations. The Specialty Products Division has two headquarters locations: Marysville, OH and Beaverton, OR.

Major Products: Flexographic and specialty inks and graphic arts coatings.

Number of Employees: Approximately 39,000 worldwide.

Comments: With $21.2 billion in sales in 2022, International Paper is a leader in industrial and consumer packaging and global cellulose fibers worldwide. International Paper had an excellent year, with sales rising 9%. In terms of segments, 82% of its revenue is in Industrial Packaging, while an additional 15% is in Global Cellulose Fibers. Full-year free cash flow was $1.2 billion in 2022.

“In 2022, International Paper grew revenue and earnings in a dynamic and challenging macro environment and returned $1.9 billion to our shareowners,” said Mark Sutton, chairman and CEO. “ As we enter 2023, International Paper is well-positioned to navigate various economic environments from a position of strength, given our strategic customer relationships, our highly talented teams, our track record of solid cash generation and our strong balance sheet.”

On the ink side, International Paper’s Specialty Products Division manufactures flexo and specialty inks and graphic arts coatings, among other consumables, for International Paper’s packaging operations.

The Specialty Products Division has two headquarters locations: Marysville, OH and Beaverton, OR.

Major Products: Flexographic and specialty inks and graphic arts coatings.

Number of Employees: Approximately 38,000 worldwide.

Comments: International Paper is a global leader in industrial and consumer packaging and global cellulose fibers. The company had an excellent year, with sales rising more than 10% to $19.36 billion. International Paper reported full-year 2021 cash from operations of $2 billion compared with $3.1 billion for full-year 2020.

“In 2021, International Paper grew revenue and earnings in a highly challenging operating and cost environment,” said Mark Sutton, chairman and CEO. “We focused our portfolio around corrugated packaging and initiated meaningful actions to accelerate profitable growth and materially lower our cost structure.”

International Paper’s Specialty Products Division produces a range of consumables, including flexo and specialty inks and graphic arts coatings, for International Paper’s packaging operations. The Specialty Products Division has two headquarters locations: Marysville, OH and Beaverton, OR.

Major Products: Flexographic and specialty inks and graphic arts coatings.

Number of Employees: Approximately 48,000 worldwide.

Comments: With sales of $20.58 billion in 2020, International Paper is a global leader in industrial and consumer packaging and uncoated papers and pulp. International Paper had a solid year; its sales were down from $22.376 billion in 2019, although that was impacted by divestments.

Fourth quarter cash provided by operations of $789 million, bringing full-year 2020 to $3.1 billion compared with $3.6 billion for full-year 2019. Full-year 2020 free cash flow (non-GAAP) was $2.3 billion compared with $2.3 billion for the full-year 2019. Mark Sutton, chairman and CEO, said that in terms of results, International Paper delivered solid earnings and outstanding cash generation in the fourth quarter and full-year 2020.

“Our performance demonstrates the strength and resilience of our employees, our diverse customer base and our world-class manufacturing and supply chain capabilities,” Sutton observed.
International Paper’s Specialty Products Division manufacturers a variety of its consumables, including flexo and specialty inks and graphic arts coatings for International Paper’s packaging operations. In

Specialty Products has two headquarters locations, Marysville, OH and Beaverton, OR.