For International Paper (IP), business is a global paper chase. It is one of the world’s largest manufacturers of printing papers. Products include uncoated paper used in printers, market pulp for making towels and tissues, and coated paper and uncoated bristols (heavyweight art paper). In the US, IP is #1 in containerboard production, 70% of which is used in industrial corrugated boxes. A consumer packaging arm makes board to box cosmetics and food. IP’s distribution unit, xpedx, sells products and supply chain services to multiple markets in North America. IP owns recycling plants, mainly in the US, and a pulp and paper business in Russia, via a 50/50 venture with Ilim Holding.