IC

International Paper Company

IP
NYSEMaterials
$30.80
USD
-2.78(-8.29%)
At close: Apr 30, 14:18 UTC
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Open

$30.43

Prev. Close

$30.34

High

$30.79

Low

$30.33

Market Snapshot

Market Cap

$17.73B

P/E Ratio

-5.0

EPS

1.60

Revenue

$17.25B

Why IP moved

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About

International Paper Co. engages in the business of producing renewable fiber-based packaging and pulp products. The company is headquartered in Memphis, Tennessee and currently employs 30,421 full-time employees. The firm is a global producer of renewable fiber-based packaging and pulp products. Its segments include Packaging Solutions North America, Packaging Solutions EMEA and Global Cellulose Fibers. Packaging Solutions North America and Packaging Solutions EMEA segments are primarily focused on producing fiber-based packaging. The company produces linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft of which a majority of its production is converted into corrugated packaging and other packaging. Global Cellulose Fibers segment primarily focuses on producing cellulose fibers which is a renewable raw material used in a variety of products people depend on every day such as diapers, towel and tissue products, feminine care, incontinence and other personal care products. Its specialty pulps serve as a sustainable raw material used in textiles, construction materials, paints, coatings and more.

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