International Paper Co. - IP STOCK NEWS

International Paper discusses the importance of balancing new and recycled fiber in sustainable packaging. The company emphasizes that while recycled fiber is crucial, virgin fiber from sustainably managed forests plays an equally vital role in the circular economy. Containerboard producers currently use approximately 56% recycled fiber in production.

Recent studies show fibers can be recycled up to 25 times without significant strength loss. Industry recovery rates improved from 72% to 90% between 2006-2020, while containerboard made from 100%-recycled fiber increased from 22.3% to 31.8%. The combination of new and recycled fibers maximizes reuse potential and enables true circularity in the wood fiber value chain.

International Paper (IP) and the National Fish and Wildlife Foundation (NFWF) are celebrating Wildlife Conservation Day by highlighting a significant milestone in red-cockaded woodpecker conservation. The species has been downlisted from 'endangered' to 'threatened' under the Endangered Species Act.

Through their Forestland Stewards Partnership, IP and NFWF have collaborated with various stakeholders to restore thousands of acres of longleaf pine across the U.S. South, creating important habitats for woodpecker populations. The restoration efforts focus on reestablishing longleaf pine ecosystems, which provide the specific mature, open-canopy environments these birds require.

The initiative not only benefits the red-cockaded woodpecker but also supports numerous other species dependent on the longleaf ecosystem, contributing to overall biodiversity enhancement in the region.

International Paper details the circular lifecycle of containerboard boxes, starting from forest harvesting to final recycling. The process begins with renewable fiber transported to paper mills, where it's converted to pulp. The company highlights that 70% of their mill energy comes from carbon-neutral biomass residuals, a manufacturing byproduct.

The lifecycle continues through converting processes where containerboard is transformed into custom boxes. Nearly all trimmings and scrap paper from box plants are recovered and recycled. After customer use, materials are collected through recycling networks and returned to mills, completing the circular process.

As part of their Vision 2030 goals, IP focuses on minimizing fossil fuel use, improving energy efficiency, and expanding renewable energy usage. While wood fiber has a finite recycling life before becoming too brittle, these 'lost' fibers are repurposed as biomass-based fuel for mill operations.

International Paper (IP) announced that Chairman and CEO Andy Silvernail will present at the Citi 2024 Basic Materials Conference on December 4, 2024, at 8 a.m. Eastern time. The presentation will include a question-and-answer session.

The event will be accessible via webcast through the company's website under the Investors tab and Events & Presentations page. Interested parties can access a replay approximately three hours after the presentation concludes.

The press release discusses the urgent need for sustainable packaging solutions amid growing environmental concerns. International Paper addresses four major global systems impacting planetary boundaries: food systems (causing biodiversity loss and GHG emissions), built environment (40% of global GHG emissions), manufactured goods (material-intensive production), and transportation (25% of GHG emissions).

The company emphasizes its role in promoting sustainable packaging across these systems, focusing on recyclable and adaptable solutions. The release highlights the Ellen MacArthur Foundation's principles for reducing global emissions through eliminating waste, circulating materials, and regenerating nature.

International Paper is transforming from being Veteran Friendly to Veteran Ready through initiatives aimed at recruiting and supporting military veterans. The company's Employee Network Circle IP Vets focuses on promoting visibility, recruitment, and retention of veterans across all career levels. In June 2023, IP Vets collaborated with IP Recruiting and American Corporate Partners for a LinkedIn Live recruiting event, resulting in over 250 veterans joining their talent network. The company also partnered with the National Manufacturing Institute's Heroes MAKE America program, hosting a virtual career fair with 370+ participants and engaging in training programs at their Savannah, Georgia Mill.

International Paper (IP) has been awarded the Leadership in Sustainability - Resilient U.S. Forests award by the American Forest & Paper Association (AF&PA) for its Forestland Stewards partnership with the National Fish and Wildlife Foundation (NFWF). Since 2013, the partnership has achieved significant milestones, including enhancing 1.6 million acres of native forest and wildlife habitat, improving 800 miles of stream, and engaging 37,000 private landowners. The collaboration has leveraged over $250 million in public and private funds for forest conservation efforts. The award recognizes IP's commitment to sustainability and forest conservation leadership.

International Paper (IP) outlines its water stewardship initiatives in its 2023 Sustainability Report. The company aims to reduce water use per ton of production by 25% under Vision 2030. IP is implementing the EGENZ system for improved water data collection and automation, while promoting water conservation through its Water Wise Campaign, which has achieved a reduction of 1,744 gallons per year at successful mills. Only two of IP's mills are in water-stressed basins, with the Madrid facility using primarily reclaimed wastewater. The company reports that 89% of water used in manufacturing is returned to the environment. IP's Madrid mill project aims to reduce potable water use by 27% per ton of production.

Sylvamo (NYSE: SLVM) and International Paper (NYSE: IP) have agreed to mutually terminate their supply agreement for uncoated freesheet, bristols and specialty papers at the Georgetown, South Carolina mill, effective December 31, 2024. Sylvamo is transitioning paper grades from Georgetown to its Ticonderoga, New York, and Eastover, South Carolina mills to maintain customer supply. The company aims to retain the most profitable products from Georgetown while reducing economic downtime in its mill system and improving product mix.