US International Paper sees stable prices, modest demand in 2012

02 February 2012 17:23  [Source: ICIS news]

HOUSTON (ICIS)--Caustic soda consumer International Paper expects improving volumes and stable prices for its products in the first quarter of 2012, the US-based company said on Thursday.

International Paper is a global paper and packaging company, and consumer of large volumes of caustic soda totalling around 400,000 tonnes/year.

In a webcast to discuss fourth-quarter and full-year 2011 earnings and market conditions, as well as its 2012 outlook, International Paper said it sees growth in most of its segments, supported by a gradual economic recovery in the US and driven by emerging markets.

International Paper earnings in 2011 from continuing operations and before special items were $1.4bn (€1.1bn) compared with $890m in 2010.

Annual sales totalled $26.0bn in 2011 compared with $25.2bn in 2010, with 2011 operating profits at $2.2bn compared with $1.7bn in 2010.

International Paper businesses include uncoated papers and industrial and consumer packaging. The company has manufacturing operations in North America, Europe, Latin America, Russia, Asia and north Africa, and is headquartered in Memphis, Tennessee.

($1 = €0.76)

By: Ron Coifman
+1 713 525 2653

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