International Paper Co (IP) 2008年年度报告「NYSE」.pdf

1、PAPER,PACKAGING AND DISTRIBUTIONListed on the New York Stock ExchangeEqual Opportunity Employer(M/F/D/V)69319 Covers.indd 169319 Covers.indd 13/3/09 12:27:28 PM3/3/09 12:27:28 PMOVER THE PAST THREE YEARS,International Paper has made significant progress as weve reshaped ourselves as a global paper a

2、nd packaging company,become more focused and lower cost,and achieved better global balance.In 2008,we continued to make progress toward becoming a stronger and more competitive company even as we navigated through a severe economic downturn.Generated the best free cash flow in IP history despite sig

3、nificant input cost increases by operating well,managing working capital and decreasing capital spendingCompleted the acquisition of Weyerhaeusers industrial packaging business and exceeded the 2008 synergies targetDelivered our second-best earnings per share since 2000 and achieved record earnings

4、in our North American printing papers business,both before special itemsCompleted the first year of our Russian joint venture with Ilim GroupSecured new business and gained share with key customers in paper,packaging and distributionAccomplished a major company-wide safety milestoneSuccessfully comp

5、leted the construction and early start-up of a coated paperboard machine as part of our joint venture with Sun Paper in Asia2008 Highlights&AchievementsInternational Paper AsiaRoom 3006,K.Wah Center1010 Huaihai Zhong RoadShanghai,200031P.R.China86-21-6113-3200International Paper do BrasilAvenida Pau

6、lista,37 14 andar01311-902 So Paulo SP,Brazil55-11-3797-5797Global Offices:International Paper Europe Middle East and AfricaChausse de la Hulpe,1661170 Brussels,Belgium32-2-774-1211Global Headquarters:6400 Poplar AvenueMemphis,TN 381971-901-419-9000Front row,from left,Samir G.Gibara,retired chairman