1、UNCOATED PAPERSIn uncoated papers,we have significant opportunitiesto win for both customers and shareowners because we havelow-cost facilities in the right places throughout the worldand relationships with the right customers.With more than6.5 million tons of capacity worldwide,we have significantc
2、apabilities in terms of product offerings,channel and marketaccess,global reach and product development.We believeopportunities exist for excelling in this business by focusingon the right grades and customers,and using technology todrive innovation.Going forward,we will continue to reducecosts and
3、further optimize our assets in our U.S.mill system,and with strong demand growth in emerging markets suchas Eastern Europe,Latin America and Asia,we will evaluateopportunities to enhance our existing platforms in Poland,Russia and Brazil.A strong adjunct to International Papers uncoatedpapers busine
4、ss is our distribution business,xpedx,whichoffers significant synergies and supply chain opportunities forour platform businesses and brings unique solutions to cus-tomers through global relationships with key manufacturers.PACKAGINGWe have a solid U.S.corrugated container and con-tainerboard busine
5、ss that is earning the right to grow,andour European box business is strong.We have strengthenedour U.S.industrial packaging business through acquiringBox USA,and we will continue to reduce our manufacturingand supply chain costs,increase our containerboard integra-tion level,broaden our product off
6、erings and improve ourpositions in profitable corrugated box segments.Through ourinternational operations,we are well positioned to supplylocal markets and serve our global customers who are movinginto emerging markets.We are also a top producer of coatedboard with manufacturing capacity in the Unit