Many continue to predict that the top 40 paper producers will consolidate, divest, or shut down sites. International Paper Company, the world's largest producer, recently announced it will spin off divisions producing grades such as - Coated Papers, Super Calendared Papers, Beverage Packaging, Kraft Papers, Chemicals, and over 6.8 million acres of timber, as well as its Wood Products and Carter Holt Harvey businesses. This, in total, accounts for 30% of IP's 2004 sales and 40% of their operating profits. Simply put, International Paper will only be producing uncoated papers in the future. This trend follows Boise spinning off their paper group to Office Max, MeadWestvaco paper manufacturing to New Page, and Georgia Pacific to Domtar.
More announcements will be made.
Paper.com markets grades from all current International Paper mills, as well as many grades from Domtar and MeadWestvaco.
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