Paper 360
This comprehensive list of the global pulp and paper industry’s major players—formerly only available in PPI Magazine—has been a favorite resource for PPI readers. We present it here for the first time in Paper360°. This year, WestRock makes its Top 100 debut at No. 4.
MARK RUSHTON, GRAEME RODDEN
Following the merger of RockTenn and MWV to create WestRock, as expected the company takes its place in the “fab five” of the annual Top 100 table, coming in at No. 4 in its initial appearance.
International Paper again leads the rankings and, unless the unexpected happens (and it has been discussed), it has probably cemented its No. 1 place for years to come with its purchase of Weyerhaeuser’s pulp assets. This will only be reflected in next year’s Top 100 as Weyerhaeuser operated as a company throughout 2015. On that note, however, this will be Weyerhaeuser’s final appearance.
Other than WestRock, the top 10 companies remain as last year, with Procter & Gamble, Oji, and UPM rounding out the top five. SCA, Kimberly-Clark, Stora Enso, Smurfit-Kappa, and Marubeni rank No. 6 through 10. Disappearing from this year’s table are, as mentioned, RockTenn and MVW, as well as Wausau, which was taken over by SCA.
Included are several new entries, particularly from Korea: Long Chen, Klean Nara, Hansol, Hankuk, and Jeonju Paper. Hansol, which has appeared in this ranking before, returns at No. 63.
Canadian-based Catalyst Paper makes a big jump up the table to No. 50 from 72, thanks to its purchase of two NewPage mills; however, in late June there were reports that the company is itself the target of a takeover. (At press time, Catalyst stock had dropped following the announcement that the company would not restart PM 9 at its Powell River Mill.) Fedrigoni also made a big jump up the rankings, while Nampak’s sales fell outside the top 100 companies so it did not make the list this year.
Mark Rushton is senior editor, Europe and Asia, and Graeme Rodden is senior editor, North and South America, for Paper360°. Both have been part of the editorial team compiling past PPI Top 100 lists. Reach them at [email protected] and [email protected], respectively.
THE MILLION TONNERS’ CLUB
(Those companies making more than one million tonnes of paper and board in 2015)
|
Company |
Rank |
Total Paper & Board |
|
International Paper |
1 |
23,315 |
|
Nine Dragons Paper Holdings |
18 |
12,630 |
|
WestRock |
4 |
12,487 |
|
UPM |
5 |
9,771 |
|
Stora Enso |
8 |
9,188 |
|
Oji Paper |
3 |
9,115 |
|
Sappi |
15 |
7,306 |
|
Smurfit Kappa Group |
9 |
7,000 |
|
DS Smith |
13 |
6,802 |
|
Nippon Paper |
11 |
6,542 |
|
Mondi |
12 |
5,279 |
|
Svenska Cellulosa Aktiebolaget (SCA) |
6 |
5,267 |
|
Lee & Man Paper Manufacturing |
34 |
5,250 |
|
Packaging Corporation of America |
14 |
4,329 |
|
Shandong Chenming Paper Holdings |
30 |
4,150 |
|
Resolute Forest Products |
26 |
3,750 |
|
Daio Paper |
21 |
3,518 |
|
Shandong Huatai Paper |
59 |
3,144 |
|
Yuen Foong Yu Paper |
39 |
3,143 |
|
Siam Cement Public Company |
37 |
3,091 |
|
Anhui Shanying Paper |
53 |
3,033 |
|
Verso Paper |
25 |
2,965 |
|
Domtar |
16 |
2,869 |
|
BillerudKorsnäs AB |
32 |
2,734 |
|
Cascades |
29 |
2,714 |
|
Rengo |
20 |
2,621 |
|
KapStone Paper & Packaging |
31 |
2,449 |
|
Norske Skog |
54 |
2,444 |
|
Graphic Packaging |
19 |
2,387 |
|
Burgo Group |
43 |
2,141 |
|
Long Chen Paper Co., Ltd. |
78 |
2,013 |
|
Metsä Group |
17 |
1,911 |
|
Hokuetsu Kishu Paper |
40 |
1,904 |
|
Cheng Loong |
57 |
1,837 |
|
Klabin |
45 |
1,833 |
|
Shandong Sun Paper Industry |
48 |
1,820 |
|
Catalyst Paper |
50 |
1,803 |
|
Holmen |
58 |
1,789 |
|
Mayr-Melnhof Karton |
33 |
1,677 |
|
Sonoco Products |
23 |
1,633 |
|
Portucel Soporcel |
49 |
1,604 |
|
Lecta |
51 |
1,565 |
|
Moorim Group |
63 |
1,551 |
|
Shandong Bohui Paper Industry |
65 |
1,486 |
|
Hansol Paper |
62 |
1,378 |
|
Mitsubishi Paper Mills |
42 |
1,372 |
|
Empresas CMPC |
22 |
1,269 |
|
Bio-PAPPEL |
67 |
1,219 |
|
Suzano Papel e Celulose |
27 |
1,209 |
|
Century Sunshine Group |
93 |
1,200 |
|
Clearwater Paper |
44 |
1,078 |
|
Yueyang Forest & Paper Co |
77 |
1,069 |
|
Sofidel |
38 |
1,058 |
|
Progroup |
99 |
1,025 |
|
Hengan International Group |
55 |
1,020 |
RESULTS FROM PULP, PAPER, CONVERTING & MERCHANDISING OPERATIONS ONLY
CONSOLIDATED RESULTS
PRODUCTION 2015 (1,000 TONNES)
|
Rank |
Rank |
2015 sales ($ million) |
% change 2015/ |
Company Name |
Location of Headquarters |
Rank 2015 |
2015 sales ($ million) |
% change 2015/ |
2015 Earnings |
2014 Earnings |
Total Assets |
Market Pulp |
Paper & Board |
Number of Employees |
Chief Executive Officer |
|
1 |
1 |
22,365.0 |
-5.3% |
International Paper |
Memphis, Tennessee, US |
3 |
22,365.0 |
-5.3% |
917.0 |
536.0 |
30,587.0 |
1,575 |
23,315 |
56,000 |
Mark Sutton |
|
2 |
2 |
20,247.0 |
-3.4% |
Procter & Gamble |
Cincinnati, Ohio, US |
1 |
76,279.0 |
-8.2% |
7,036.0 |
11,643.0 |
129,495.0 |
0 |
NA |
110,000 |
A.G. Lafley |
|
3 |
4 |
11,843.3 |
6.4% |
Oji Paper |
Tokyo, Japan |
7 |
11,843.3 |
6.4% |
126.0 |
163.9 |
15,984.9 |
2,200 |
9,115 |
33,605 |
Susumu Yajima* |
|
4 |
11,079.3 |
WestRock |
Norcross, Georgia, US |
8 |
11,381.3 |
507.1 |
25,356.8 |
225 |
12,487 |
41,400 |
Steve Voorhees |
||||
|
5 |
3 |
10,992.7 |
3.3% |
UPM |
Helsinki, Finland |
9 |
11,251.3 |
2.7% |
1,016.6 |
679.6 |
15,751.5 |
2,400 |
9,771 |
19,578 |
Jussi Pesonen |
|
6 |
7 |
9,603.5 |
10.2% |
Svenska Cellulosa Aktiebolaget (SCA) |
Stockholm, Sweden |
5 |
13,675.3 |
10.8% |
1,038.0 |
1,296.7 |
18,069.8 |
258 |
5,267 |
44,051 |
Magnus Groth |
|
7 |
8 |
9,410.0 |
-6.2% |
Kimberly Clark |
Dallas, Texas, US |
4 |
18,591.0 |
-5.0% |
1,066.0 |
1,595.0 |
14,842.0 |
0 |
NA |
43,000 |
Thomas J. Falk |
|
8 |
5 |
9,285.8 |
0.2% |
Stora Enso |
Helsinki, Finland |
10 |
11,142.5 |
-1.7% |
869.0 |
119.5 |
13,718.4 |
1,873 |
9,188 |
26,783 |
Henrik Sundström |
|
9 |
6 |
8,999.5 |
0.3% |
Smurfit Kappa Group |
Dublin, Ireland |
11 |
8,999.5 |
0.3% |
458.4 |
334.5 |
9,446.7 |
0 |
7,000 |
43,354 |
Tony Smurfit |
|
10 |
10 |
7,757.1 |
-0.9% |
Marubeni |
Tokyo, Japan |
2 |
58,465.8 |
-7.1% |
557.9 |
998.0 |
58,801.2 |
0 |
631 |
4,437 |
Fumiya Kokubu (President) |
|
11 |
11 |
7,571.2 |
-1.1% |
Nippon Paper |
Tokyo, Japan |
12 |
8,319.9 |
-4.3% |
123.1 |
138.9 |
11,490.6 |
264 |
6,542 |
11,741 |
Fumio Manoshiro |
|
12 |
12 |
7,567.8 |
6.5% |
Mondi |
Addlestone, UK; Johannesburg, South Africa |
13 |
7,567.8 |
6.5% |
768.0 |
723.4 |
7,179.4 |
570 |
5,279 |
25,300 |
David Hathorn |
|
13 |
15 |
5,781.8 |
7.5% |
DS Smith |
Maidenhead, Berkshire, UK |
15 |
6,214.4 |
6.4% |
394.3 |
324.4 |
6,290.8 |
0 |
6,802 |
26,065 |
Miles Roberts |
|
14 |
14 |
5,741.7 |
-1.9% |
Packaging Corporation of America |
Lake Forest, Illinois, US |
16 |
5,741.7 |
-1.9% |
436.8 |
392.6 |
5,284.6 |
98 |
4,329 |
13,000 |
Mark Kowlzan |
|
15 |
13 |
5,390.0 |
-11.1% |
Sappi |
Johannesburg, South Africa |
19 |
5,390.0 |
-11.1% |
167.0 |
135.0 |
4,913.0 |
0 |
7,306 |
12,548 |
Steve Binnie |
|
16 |
18 |
5,264.0 |
-5.4% |
Domtar |
Montreal, QC, Canada |
20 |
5,264.0 |
-5.4% |
142.0 |
431.0 |
5,663.0 |
1,414 |
2,869 |
9,850 |
John Williams |
|
17 |
16 |
4,958.5 |
3.5% |
Metsä Group |
Espoo, Finland |
18 |
5,566.8 |
0.9% |
394.8 |
345.5 |
6,233.1 |
2,007 |
1,911 |
9,599 |
Kari Jordan (President & CEO) |
|
18 |
19 |
4,932.2 |
6.2% |
Nine Dragons Paper Holdings |
Dongguan, Guangdong, China |
23 |
4,932.2 |
6.2% |
362.2 |
285.6 |
10,495.7 |
0 |
12,630 |
17,000 |
Liu Ming Chung |
|
19 |
22 |
4,160.2 |
-1.9% |
Graphic Packaging |
Marietta, Georgia, US |
26 |
4,160.2 |
-1.9% |
230.1 |
89.7 |
4,256.1 |
0 |
2,387 |
12,000 |
David W. Scheible |
|
20 |
20 |
4,138.9 |
1.8% |
Rengo |
Osaka, Japan |
25 |
4,403.3 |
1.9% |
82.6 |
85.1 |
5,328.5 |
0 |
2,621 |
13,999 |
Kiyoshi Otsubo (President) |
|
21 |
23 |
3,916.5 |
8.5% |
Daio Paper |
Ehime, Japan |
27 |
3,916.5 |
5.3% |
0.9 |
1.0 |
5,422.0 |
0 |
3,518 |
8,174 |
Masayoshi Sako |
|
22 |
24 |
3,892.0 |
-0.8% |
Empresas CMPC |
Santiago, Chile |
24 |
4,841.0 |
-0.1% |
-3.0 |
138.0 |
14,769.0 |
3,104 |
1,269 |
17,562 |
Hernan Rodriguez Wilson |
|
23 |
25 |
3,852.0 |
-0.3% |
Sonoco Products |
Hartsville, South Carolina, US |
22 |
4,964.3 |
-1.0% |
250.1 |
239.1 |
4,020.0 |
0 |
1,633 |
21,000 |
Jack Sanders* |
|
24 |
21 |
3,662.4 |
-2.0% |
Sequana |
Paris, France |
28 |
3,662.4 |
-2.0% |
-74.4 |
155.3 |
990.0 |
0 |
560 |
9,283 |
Pascal Lebard |
|
25 |
58 |
3,122.0 |
140.7% |
Verso Paper |
Memphis, Tennessee, US |
33 |
3,122.0 |
140.7% |
-422.0 |
-353.0 |
2,710.0 |
378 |
2,965 |
5,200 |
David Paterson |
|
26 |
26 |
3,109.0 |
-15.1% |
Resolute Forest Products |
Montreal, QC, Canada |
29 |
3,645.0 |
-14.4% |
-257.0 |
-277.0 |
4,220.0 |
1,416 |
3,750 |
8,000 |
Richard Garneau |
|
27 |
28 |
3,069.1 |
40.7% |
Suzano Papel e Celulose |
São Paulo, Brazil |
35 |
3,069.1 |
40.7% |
-277.7 |
-111.2 |
8,483.3 |
3,373 |
1,209 |
7,590 |
Walter Schalka |
|
28 |
30 |
3,026.1 |
42.3% |
Fibria Celulose |
São Paulo, Brazil |
36 |
3,026.1 |
42.3% |
107.1 |
69.1 |
8,835.7 |
5,268 |
0 |
4,197 |
Marcelo Castelli |
|
29 |
27 |
3,021.4 |
8.4% |
Cascades |
Kingsey Falls, QC, Canada |
37 |
3,021.4 |
8.4% |
-50.9 |
-133.1 |
3,011.3 |
0 |
2,714 |
11,000 |
Mario Plourde |
|
30 |
31 |
2,902.0 |
0.5% |
Shandong Chenming Paper Holdings |
Shouguang, Shandong Province, China |
38 |
2,902.0 |
-5.4% |
16.4 |
21.2 |
12,518.2 |
0 |
4,150 |
11,893 |
Chen Hongguo |
|
31 |
36 |
2,789.0 |
21.3% |
KapStone Paper & Packaging |
Northbrook, Illinois, US |
39 |
2,789.0 |
21.3% |
106.3 |
171.9 |
3,222.0 |
0 |
2,449 |
6,400 |
Roger W. Stone |
|
32 |
29 |
2,586.9 |
4.6% |
BillerudKorsnäs AB |
Solna, Sweden |
40 |
2,586.9 |
4.6% |
233.4 |
189.7 |
2,974.6 |
NA |
2,734 |
4,223 |
Per Lindberg |
|
33 |
32 |
2,421.1 |
4.5% |
Mayr-Melnhof Karton |
Vienna, Austria |
41 |
2,421.1 |
4.5% |
157.7 |
174.6 |
2,109.0 |
0 |
1,677 |
9,938 |
Wilhelm Hörmanseder |
|
34 |
37 |
2,272.2 |
3.0% |
Lee & Man Paper Manufacturing |
Hong Kong, China |
43 |
2,272.2 |
3.0% |
300.8 |
245.6 |
4,592.0 |
0 |
5,250 |
6,500 |
R. Lee (Lee Man Chun) |
|
35 |
38 |
2,243.1 |
2.5% |
Arauco |
Santiago, Chile |
21 |
5,146.7 |
-3.4% |
367.7 |
144.1 |
13,806.9 |
3,603 |
0 |
14,748 |
Matias Domeyko |
|
36 |
34 |
2,136.1 |
9.6% |
Lenzing Group |
Lenzing, Austria |
44 |
2,193.9 |
6.0% |
137.7 |
-18.8 |
2,687.7 |
0 |
0 |
6,127 |
Stefan Doboczky* |
|
37 |
42 |
2,070.7 |
10.5% |
Siam Cement Public Company |
Bangkok, Thailand |
6 |
12,837.9 |
-9.8% |
1,568.7 |
1,127.3 |
14,892.8 |
0 |
3,091 |
53,096 |
Roongrote Rangsiyopash |
|
38 |
33 |
2,008.1 |
2.3% |
Sofidel |
Rome, Italy |
47 |
2,008.1 |
2.3% |
70.6 |
122.0 |
2,098.0 |
0 |
1,058 |
5,514 |
Luigi Lazzareschi |
|
39 |
49 |
2,001.2 |
13.7% |
Yuen Foong Yu Paper |
Kaoshiung, Taiwan |
48 |
2,001.2 |
4.4% |
53.1 |
19.9 |
3,569.0 |
0 |
3,143 |
10,821 |
He Yida |
|
40 |
40 |
1,969.5 |
8.1% |
Hokuetsu Kishu Paper |
Tokyo, Japan |
46 |
2,039.3 |
8.1% |
65.8 |
84.6 |
3,004.3 |
211 |
1,904 |
4,801 |
Sekio Kishoimoto* |
|
41 |
45 |
1,860.0 |
-3.9% |
Weyerhaeuser |
Federal Way, Washington, US |
14 |
7,082.0 |
-4.3% |
506.0 |
1,826.0 |
12,486.0 |
1,822 |
255 |
12,600 |
Doyle R. Simons |
|
42 |
43 |
1,787.2 |
3.7% |
Mitsubishi Paper Mills |
Tokyo, Japan |
51 |
1,787.2 |
0.6% |
18.3 |
-40.4 |
1,992.2 |
0 |
1,372 |
3,622 |
Kunio Suzuki |
|
43 |
39 |
1,774.6 |
-1.4% |
Burgo Group |
Altavilla Vicentina, Italy |
42 |
2,377.2 |
-1.4% |
197.5 |
-53.1 |
1,978.6 |
167 |
2,141 |
3,679 |
Ignazio Capuano |
|
44 |
44 |
1,752.4 |
-10.9% |
Clearwater Paper |
Spokane, Washington, US |
53 |
1,752.4 |
-10.9% |
55.9 |
-2.3 |
1,527.3 |
2 |
1,078 |
3,300 |
Linda K. Massman |
|
45 |
41 |
1,707.5 |
16.2% |
Klabin |
São Paulo, Brazil |
56 |
1,707.5 |
16.2% |
-376.1 |
310.4 |
7,640.1 |
0 |
1,833 |
12,651 |
Fabio Schvartsman |
|
46 |
51 |
1,661.0 |
-7.8% |
Glatfelter |
York, Pennsylvania, US |
57 |
1,661.0 |
-7.8% |
64.5 |
69.2 |
1,503.6 |
0 |
953 |
4,375 |
Dante C. Parrini |
|
47 |
47 |
1,643.0 |
5.3% |
Heinzel Group |
Vienna, Austria |
59 |
1,643.0 |
5.3% |
68.4 |
69.7 |
1,203,873.2 |
184 |
573 |
2,115 |
Kurt Maier* |
|
48 |
60 |
1,588.9 |
26.0% |
Shandong Sun Paper Industry |
Yanzhou, Shandong, China |
55 |
1,738.2 |
3.5% |
57.3 |
74.3 |
3,166.1 |
0 |
1,820 |
6,390 |
Li Hongxin |
|
49 |
50 |
1,582.9 |
3.8% |
Portucel Soporcel |
Setúbal, Portugal |
50 |
1,802.4 |
5.3% |
218.0 |
240.9 |
2,696.7 |
253 |
1,604 |
2,662 |
Diogo Antoinio Rodrigues da Silveira* |
|
50 |
72 |
1,558.1 |
79.5% |
Catalyst Paper |
Richmond, BC, Canada |
62 |
1,558.1 |
79.5% |
-38.7 |
-65.5 |
719.2 |
345 |
1,803 |
2,800 |
Joe Nemeth |
|
51 |
48 |
1,556.6 |
0.5% |
Lecta |
Barcelona, Spain |
58 |
1,654.8 |
0.0% |
-23.5 |
-88.4 |
1,399.4 |
0 |
1,565 |
3,329 |
Eduardo Querol |
|
52 |
52 |
1,498.2 |
8.0% |
Palm |
Aalen, Germany |
64 |
1,498.2 |
8.0% |
0.0 |
NA |
0.0 |
0 |
0 |
4,000 |
Wolfgang Palm |
|
53 |
63 |
1,496.3 |
30.0% |
Anhui Shanying Paper |
Man An Shan City, China |
61 |
1,571.5 |
26.5% |
33.3 |
6.8 |
2,956.6 |
0 |
3,033 |
9,640 |
Wu Mingwu (Chairman) |
|
54 |
46 |
1,431.3 |
-5.0% |
Norske Skog |
Skøyen, Oslo, Norway |
65 |
1,431.3 |
-5.0% |
-189.3 |
-238.7 |
1,570.5 |
0 |
2,444 |
2,557 |
Sven Ombudstvedt |
|
55 |
56 |
1,393.1 |
-0.5% |
Hengan International Group |
Jinjiang, Fujian province, China |
32 |
3,153.9 |
2.6% |
529.3 |
512.5 |
5,057.5 |
0 |
1,020 |
29,700 |
Hui Lin Chit* |
|
56 |
53 |
1,366.4 |
1.5% |
Prinzhorn Holding |
Wiener Neudorf, Austria |
66 |
1,366.4 |
1.5% |
NA |
NA |
0.0 |
0 |
NA |
5,522 |
Thomas Cord Prinzhorn |
|
57 |
55 |
1,365.7 |
-1.0% |
Cheng Loong |
Taipei, Taiwan |
67 |
1,365.7 |
-3.3% |
26.6 |
24.8 |
1,856.1 |
0 |
1,837 |
9,260 |
Suanne Cheng |
|
58 |
35 |
1,353.7 |
-28.4% |
Holmen |
Stockholm, Sweden |
49 |
1,899.1 |
0.4% |
66.3 |
132.2 |
4,204.7 |
56 |
1,789 |
3,315 |
Henrik Sjölund |
|
59 |
62 |
1,223.2 |
3.8% |
Shandong Huatai Paper |
Dongying, Shandong, China |
63 |
1,512.0 |
1.7% |
7.5 |
-26.1 |
2,574.2 |
0 |
3,144 |
7,913 |
Li Xiaoliang |
|
60 |
70 |
1,207.0 |
18.9% |
Vinda Paper Group |
Guangdong, China |
68 |
1,250.7 |
21.4% |
40.6 |
75.0 |
161.3 |
0 |
950 |
8,327 |
Li Chaowang |
|
61 |
57 |
1,192.7 |
7.4% |
Ahlstrom |
Helsinki, Finland |
69 |
1,192.7 |
7.4% |
9.5 |
-13.7 |
929.8 |
0 |
366 |
3,310 |
Marco Levi * |
|
62 |
1,192.3 |
Hansol Paper |
Seoul, South Korea |
70 |
1,192.3 |
22.7 |
1,191.7 |
0 |
1,378 |
840 |
Lee Sang Hun |
||||
|
63 |
59 |
1,165.9 |
-2.1% |
Moorim Group |
Seoul, South Korea |
52 |
1,764.3 |
-1.8% |
12.0 |
-50.0 |
3,210.6 |
260 |
1,551 |
1,373 |
Suk Man Kim |
|
64 |
66 |
1,127.2 |
50.2% |
Eldorado Brasil Celulose |
72 |
1,127.2 |
50.2% |
84.4 |
-178.2 |
3,263.1 |
1,597 |
0 |
5,000 |
Jose Carlos Grubisich Filho |
|
|
65 |
64 |
1,121.2 |
1.5% |
Shandong Bohui Paper Industry |
Zibo, Shandong, China |
71 |
1,133.2 |
1.1% |
6.9 |
-15.8 |
1,949.3 |
0 |
1,486 |
4,990 |
Zheng Pengyuan* (Chairman) |
|
66 |
82 |
1,084.2 |
59.8% |
Fedrigoni SpA |
Verona, Italy |
74 |
1,084.2 |
11.9% |
63.0 |
66.4 |
993.1 |
0 |
449 |
2,653 |
Claudio Alfonsi |
|
67 |
77 |
1,069.9 |
1735.8% |
Bio-PAPPEL |
Durango, México |
75 |
1,069.9 |
1735.8% |
2.5 |
55.0 |
1,745.9 |
0 |
1,219 |
10,583 |
Miguel Rincón |
|
68 |
61 |
1,052.4 |
6.8% |
Södra |
Växjö, Sweden |
45 |
2,166.3 |
5.4% |
221.2 |
189.8 |
2,282.6 |
1,512 |
0 |
3,599 |
Lars Idermark |
|
69 |
67 |
971.1 |
9.4% |
VPK Packaging |
Aalst, Belgium |
77 |
971.1 |
9.4% |
72.1 |
0.0 |
719.2 |
0 |
860 |
4,100 |
Pierre Macharis |
|
70 |
65 |
946.2 |
-11.9% |
Mercer International |
Seattle, Washington, US |
76 |
1,033.2 |
-12.1% |
75.5 |
113.1 |
1,182.8 |
1,458 |
0 |
1,469 |
David M. Gandossi |
|
71 |
75 |
941.0 |
-1.8% |
Rayonier Advanced Materials |
Jacksonville, Florida, US |
79 |
941.0 |
-1.8% |
55.0 |
32.0 |
1,288.0 |
716 |
0 |
1,200 |
Paul G. Boynton |
|
72 |
73 |
927.5 |
7.5% |
Canfor |
Vancouver, BC, Canada |
34 |
3,071.8 |
17.3% |
71.9 |
200.9 |
3,071.2 |
1,235 |
137 |
6,047 |
Donald Kayne |
|
73 |
92 |
905.4 |
60.1% |
BILT – Ballarpur Industries |
New Delhi, India |
80 |
905.4 |
60.1% |
27.7 |
-7.6 |
1,915.1 |
0 |
781 |
1,521 |
Gautam Thapar |
|
74 |
68 |
894.1 |
3.9% |
EUROPAC Papeles y Cartones de Europa |
Madrid, Spain |
81 |
894.1 |
3.9% |
36.0 |
32.9 |
1,209.3 |
0 |
903 |
2,289 |
Oliver Hasler |
|
75 |
76 |
892.1 |
9.0% |
Kruger Products |
Montreal, QC, Canada |
82 |
892.1 |
9.0% |
1.2 |
19.1 |
1,015.3 |
0 |
363 |
2,500 |
Mario Gosselin |
|
76 |
78 |
887.7 |
-1.7% |
Neenah Paper |
Alpharetta, Georgia, US |
83 |
887.7 |
-1.7% |
51.1 |
68.7 |
751.4 |
0 |
NA |
2,340 |
John P. O’Donnell |
|
77 |
71 |
880.1 |
-11.3% |
Yueyang Forest & Paper Co |
Yueyang, Hunan, China |
78 |
952.0 |
-9.9% |
-62.6 |
-48.1 |
2,496.7 |
196 |
1,069 |
5,193 |
Huang Xin |
|
78 |
844.4 |
Long Chen Paper Co., Ltd. |
Taipei, Taiwan |
84 |
844.4 |
29.9 |
1,487.2 |
0 |
2,013 |
3,729 |
Cheng Yin-Pin |
||||
|
79 |
79 |
825.5 |
5.0% |
Chuetsu Pulp and Paper |
Tokyo, Japan |
85 |
825.5 |
-1.2% |
11.7 |
15.2 |
1,097.0 |
0 |
718 |
786 |
Akemi Kato* |
|
80 |
69 |
816.2 |
-7.1% |
Tembec |
Montreal, QC, Canada |
73 |
1,109.7 |
-4.9% |
-117.4 |
8.2 |
920.3 |
727 |
344 |
3,250 |
James Lopez |
|
81 |
80 |
808.2 |
8.2% |
Papierfabrik August Koehler SE |
Oberkirch, Germany |
86 |
808.2 |
8.2% |
39.3 |
55.8 |
806.2 |
0 |
509 |
1,796 |
Kai Furler |
|
82 |
74 |
769.5 |
1.2% |
Arctic Paper |
Poznañ, Poland |
87 |
769.5 |
1.2% |
-7.0 |
24.8 |
481.1 |
0 |
671 |
1,770 |
Wolfgang Lubbert |
|
83 |
84 |
704.3 |
10.8% |
West Fraser Timber |
Vancouver, BC, Canada |
31 |
3,208.5 |
6.3% |
81.4 |
234.6 |
2,844.6 |
1,142 |
133 |
7,900 |
Ted Seraphim |
|
84 |
83 |
700.0 |
-13.6% |
Appvion |
Appleton, Wisconsin, USA |
93 |
700.0 |
-13.6% |
158.5 |
-92.7 |
406.5 |
0 |
NA |
1,424 |
Kevin Gilligan* |
|
85 |
81 |
688.1 |
-4.6% |
LEIPA Georg Leinfelder |
Schwedt, Germany |
94 |
688.1 |
-4.6% |
0.0 |
0.0 |
0.0 |
0 |
926 |
1,220 |
Peter Probst* |
|
86 |
88 |
676.1 |
-4.3% |
Greif |
Delaware, Ohio, US |
30 |
3,616.7 |
-14.7% |
71.9 |
91.5 |
3,315.7 |
0 |
635 |
13,150 |
Peter G. Watson* |
|
87 |
85 |
633.8 |
3.7% |
Exacompta Clairefontaine |
Etival Clairefontaine, France |
95 |
633.8 |
3.7% |
12.2 |
15.8 |
439.8 |
0 |
228 |
3,130 |
François Nusse |
|
88 |
87 |
626.7 |
5.8% |
Altri |
Porto, Portugal |
91 |
737.8 |
20.2% |
130.5 |
49.6 |
1,326.4 |
1,022 |
0 |
666 |
P. J. dos Santos Fernandes (Chairman) |
|
89 |
91 |
600.7 |
5.9% |
ITC |
Kolkata, India |
17 |
5,689.0 |
1.1% |
1,535.5 |
1,576.1 |
7,995.5 |
0 |
728 |
25,564 |
Yogesh Deveshwar (Chairman) |
|
90 |
599.5 |
KleanNara Co. Ltd |
Seoul, South Korea |
96 |
599.5 |
-1.2 |
458.6 |
0 |
499 |
630 |
Choi Byung Min |
||||
|
91 |
98 |
583.9 |
17.7% |
SWM |
Alpharetta, Georgia, US |
89 |
764.1 |
-3.8% |
89.7 |
89.7 |
1,290.0 |
0 |
151 |
3,100 |
Frédéric Villoutreix |
|
92 |
90 |
578.8 |
26.3% |
Celulose Nipo-Brasileira (CENIBRA) |
Belo Oriente, Minas Gerais, Brazil |
98 |
578.8 |
26.3% |
63.9 |
40.5 |
1,422.0 |
1,093 |
0 |
4,314 |
P. Eduardo Rocha Brant |
|
93 |
95 |
567.2 |
7.9% |
Century Sunshine Group |
Weifang, Shandong, China |
97 |
598.2 |
8.2% |
9.0 |
-5.1 |
1,203.5 |
0 |
1,200 |
2,780 |
Wang Dongxing |
|
94 |
97 |
538.8 |
10.9% |
De la Rue |
Basingstoke, Hampshire, UK |
90 |
752.7 |
4.3% |
31.8 |
64.1 |
266.5 |
0 |
10 |
3,566 |
Martin Sutherland |
|
95 |
89 |
536.0 |
-3.8% |
ENCE |
Madrid, Spain |
92 |
736.8 |
-3.4% |
55.3 |
-187.0 |
1,340.4 |
885 |
0 |
852 |
I. Colmenares y Brunet |
|
96 |
513.3 |
Jeonju Paper Corporation |
Seoul, South Korea |
99 |
513.3 |
-55.3 |
587.3 |
0 |
854 |
533 |
Jang Man Cheon |
||||
|
97 |
93 |
486.1 |
2.8% |
Reno de Medici SpA |
Milan, Italy |
100 |
486.1 |
2.8% |
12.1 |
7.2 |
409.1 |
0 |
824 |
1,166 |
Ignazio Capuano |
|
98 |
469.4 |
Hankuk Paper Manufacturing Ltd. |
Seoul, South Korea |
101 |
469.4 |
7.0 |
561.8 |
0 |
507 |
518 |
Lee Bok Jin |
||||
|
99 |
94 |
466.1 |
2.8% |
Progroup |
Landau/Pfalz, Germany |
88 |
765.7 |
4.3% |
0.0 |
0.0 |
934.8 |
0 |
1,025 |
956 |
Jürgen Heindl |
|
100 |
99 |
309.3 |
0.4% |
Lintec |
Tokyo, Japan |
54 |
1,739.0 |
1.6% |
90.0 |
110.2 |
1,988.7 |
0 |
0 |
4,246 |
Hiroyuki Nishio |
|
295,560 |
462,746 |
23,305 |
27,718 |
1,835,285 |
44,909 |
224,275 |
1,083,187 |
General Notes: The Top 100 ranking is based on the net sales of pulp, paper, converting, and merchanting (PPCM) operations. The 2015 numbers are revised financial data received for this year’s report. Unless noted below, the financial year reported is January 1, 2015, to December 31, 2015. Where possible, earnings are net earnings and are calculated after tax and excluding extraordinary items. An “e” is a RISI estimate. An “NA” means “not available” and no estimate was possible. An * after the CEO’s name indicates that the person is new to this position. Tonnes (metric tons) are used throughout. Figures have been converted to US$ according to RISI currency tables at press time.
International Paper: Production = sales. Procter & Gamble: PPCM sales include Baby, Feminine & Family Care divisions. Fiscal year runs July 1, 2014 to June 30, 2015. Oji Paper: Fiscal year runs April 1 to March 31. Production = capacity. WestRock: RockTenn and MWV completed a strategic combination of their respective businesses. RockTenn was the accounting acquirer; therefore, the historical consolidated financial statements of RockTenn for the time prior to the combination are considered to be the historical financial statements of WestRock and thus WestRock’s consolidated financial statements for fiscal 2015 reflect RockTenn’s consolidated financial statements for periods from October 1, 2014, through June 30, 2015, and WestRock’s thereafter. UPM: PPCM figure includes some sawmill and renewable diesel sales, as pulp is part of UPM’s Biorefining division. UPM sells two thirds of its pulp as Market Pulp. Market Pulp = deliveries. SCA uses approximately 40% of its pulp output internally, sells the rest to external customers. Production = capacity in Personal Care, Tissue and Forest Products divisions. PPCM net sales include some solid-wood sales and renewable energy. Kimberly-Clark: PPCM sales include K-C Professional and Consumer Tissue segments. Marubeni: Fiscal year runs April 1 to March 31. Production = capacity. Company combined Chemicals and Forest Products segments in 2016. Paper & Board Sales = 40% of segment. Nippon Paper fiscal year runs April 1 to March 31. DS Smith’s financial year runs May 1 to April 30. Company has made various acquisitions recently, including: Lantero on July 31, 2015; Duropack on May 31, 2015; Cartonpack on October 13, 2015; Milas Ambalaj on January 23, 2016; TRM on March 24, 2016. DS Smith sold StePac on May 18, 2015. Sappi: Fiscal year runs October 1 to September 30. Production = sales. Domtar: Production = shipments. Metsä Group: Paper & Board production does not include Tissue or Cooking Papers. Market Pulp = deliveries. Daio Paper: Production = capacity. Fiscal year runs April 1 to March 31. Sonoco: Production = capacity. PPCM sales include Consumer Packaging and Industrial Converted divisions and includes non-paper/board products. Sequana: Paper & Board = tonnes sold. Verso: In 2015, Verso acquired the assets of NewPage. In January 2016, Verso filed a voluntary petition to reorganize under Chapter 11 of the US Bankruptcy Code. Production = sales. Cascades: P&B production – shipments. BillerudKorsnäs AB: P&B production = sales. Lee & Man: Fiscal year ran April 1, 2012 to March 31, 2013. Lenzing: PPCM net sales are for the Fiber Segment and include textile fibers, nonwoven fibers and the pulp unit. Siam Cement: rebranded from SCG Paper to SCG Packaging in June 2015. Production = capacity, Paper & Board = capacity. Yuen Foong Yu: Production = capacity. Hokuetsu Kishu: Fiscal year runs April 1 to March 31. Weyerhaeuser: In 2016, Weyerhaeuser sold its liquid packaging board mill in Longview, WA, to Nippon Paper Industries. It also sold its five pulp mills to International Paper. Mitsubishi Paper: Fiscal year runs April 1 to March 31. Production = capacity from RISI stats. Clearwater: Clearwater sold its specialty paper business and mills to a private buyer in December 2014. Glatfelter: Production = tonnes sold. Heinzel Group: Last year’s P&B included pulp. Portucel Soporcel: Paper & Board production includes 33 tonnes tissue. Company changed its name recently to The Navigator Company. Catalyst: Catalyst purchased the Rumford, ME and Biron, WI mills from NewPage. Palm Paper releases limited financial results. Prinzhorn Holding: Releases limited financial information. Sales exclude Sawn Timber, Wood and Energy, which were included last year. Production from RISI data. Vinda: Production = capacity. Ahlstrom: Production = sales. Fedrigoni: Company acquired the paper mill of Salto in Brazil and the GPA mill in Chicago, IL. VPK releases limited financial results. BILT – Ballarpur Industries: Fiscal year ran July 1 to June 30, 2016. Production = capacity from RISI stats. Kruger Products: Production = capacity. Chuetsu: Fiscal year runs April 1 to March 31. Production = capacity, from RISI stats. Tembec: Financial year ran October 1, 2014 to September 30, 2015. Market pulp and paper & board figures are shipments. Arctic Paper: P&B Production = sales. LEIPA: Releases limited financial results. Production = capacity. LEIPA acquired UPM’s Schweldt Mill early 2016. Grief: Fiscal year ran November 1, 2014, to October 30, 2015. Production = capacity. Production includes 97,500 tonnes dissolving pulp. ITC: Fiscal year runs April 1 to March 31. Production = capacity from RISI stats. Century Sunshine Group: Production = capacity. De la Rue: Fiscal year ran April 1, 2014 to March 31, 2015. ENCE shut down its Huelva pulp mill late 2014. Hankuk Paper Manufacturing, Ltd: New to list for 2016. Lintec: Fiscal year runs April 1 to March 31.
GEOGRAPHIC PORTRAIT OF THIS YEAR’S TOP 100
|
Region |
Number of |
2015 Sales |
2014 Sales |
% change |
% of |
Market pulp |
% of total |
P&B |
% of total |
|
Europe |
34 |
92,959 |
107,216 |
-13.3% |
31.5% |
11,187 |
24.9% |
68,134 |
30.4% |
|
Asia |
31 |
71,430 |
71,542 |
-0.2% |
24.2% |
3,131 |
7.0% |
78,555 |
35.0% |
|
North America |
26 |
109,067 |
100,312 |
8.7% |
36.9% |
12,553 |
27.9% |
64,750 |
28.9% |
|
Latin America |
8 |
16,714 |
16,930 |
-1.3% |
5.7% |
18,038 |
40.2% |
5,530 |
2.5% |
|
Africa |
1 |
5,390 |
6,588 |
-18.2% |
1.8% |
0.0% |
7,306 |
3.2% |
|
|
Oceania |
0 |
1,493 |
-100.0% |
0.0% |
0.0% |
0.0% |
PPI TOP 100 IN ALPHABETICAL ORDER
Company Rank Company Rank Company Rank
Ahlstrom 61
Altri 88
Anhui Shanying Paper 53
Appvion 84
Arauco 35
Arctic Paper 82
BillerudKorsnäs AB 32
BILT – Ballarpur Industries 73
Bio-PAPPEL 67
Burgo Group 43
Canfor 72
Cascades 29
Catalyst Paper 50
Celulose Nipo-Brasileira (CENIBRA) 92
Century Sunshine Group 93
Cheng Loong 57
Chuetsu Pulp and Paper 79
Clearwater Paper 44
Daio Paper 21
De la Rue 94
Domtar 16
DS Smith 13
Eldorado Brasil Celulose 64
Empresas CMPC 22
ENCE 95
EUROPAC Papeles y Cartones de Europa……74
Exacompta Clairefontaine 87
Fedrigoni SpA 66
Fibria Celulose 28
Glatfelter 46
Graphic Packaging 19
Greif 86
Hankuk Paper Manufacturing Ltd 98
Hansol Paper 62
Heinzel Group 47
Hengan International Group 55
Hokuetsu Kishu Paper 40
Holmen 58
International Paper 1
ITC 89
Jeonju Paper Corporation 96
KapStone Paper & Packaging 31
Kimberly Clark 7
Klabin 45
KleanNara Co. Ltd 90
Kruger Products 75
Lecta 51
Lee & Man Paper Manufacturing 34
LEIPA Georg Leinfelder 85
Lenzing Group 36
Lintec 100
Long Chen Paper Co., Ltd. 78
Marubeni 10
Mayr-Melnhof Karton 33
Mercer International 70
Metsä Group 17
Mitsubishi Paper Mills 42
Mondi 12
Moorim Group 63
Neenah Paper 76
Nine Dragons Paper Holdings 18
Nippon Paper 11
Norske Skog 54
Oji Paper 3
Packaging Corporation of America 14
Palm 52
Papierfabrik August Koehler SE 81
Portucel Soporcel 49
Prinzhorn Holding 56
Procter & Gamble 2
Progroup 99
Rayonier Advanced Materials 71
Rengo 20
Reno de Medici SpA 97
Resolute Forest Products 26
Sappi 15
Sequana 24
Shandong Bohui Paper Industry 65
Shandong Chenming Paper Holdings…………30
Shandong Huatai Paper 59
Shandong Sun Paper Industry 48
Siam Cement Public Company 37
Smurfit Kappa Group 9
Södra 68
Sofidel 38
Sonoco Products 23
Stora Enso 8
Suzano Papel e Celulose 27
Svenska Cellulosa Aktiebolaget (SCA)…………6
SWM 91
Tembec 80
UPM 5
Verso Paper 25
Vinda Paper Group 60
VPK Packaging 69
West Fraser Timber 83
WestRock 4
Weyerhaeuser 41
Yuen Foong Yu Paper 39
Yueyang Forest & Paper Co 77
Missing in Action
Each year, without fail, we get questions regarding missing companies—including some big Asian ones, most notably APP and APRIL, but also others, like Georgia Pacific, Kruger, Irving and SAICA. This is because these companies are privately owned and do not make their financial results public—nor are they required to. Despite this, the editorial team that puts together the Top 100 does try to get as many results as possible from private companies, with varying results.