By
Graeme Rodden, Mark Rushton, Annie Zhu, Remi Lees and Liv Zhong
Ranked by PPCM sales, IP continues to be in a class by itself in the industry, more than $10 billion ahead of Procter & Gamble (P&G). P&G, maker of many famous consumer brands, far outpaces IP in consolidated sales. But, sales of laundry detergent don't count in these rankings.
Looking at consolidated sales, Japanese giant Marubeni is alone at the top with $132 billion although only $6.5 billion come from the paper side of its operations, putting it at No. 13 in 2012, a drop of one place compared with 2011.
There was a significant move in the top five as SCA jumped into the Number 3 slot, thanks to some acquisitions. It was Number 6 in the 2011 rankings. As a whole, the Top 10 companies did not change year over year.
Another big mover was RockTenn, now that the Smurfit-Stone takeover has been finalized. It moved from 29 to 19 in the list, with sales hitting north of the $5 billion mark.
Chinese companies continue their climb up the list. This year there are four in the upper 50 with Hengan cracking the top half for the first time, moving from 54th up to Number 47. Nine Dragons continues to be the largest of the Chinese companies in PPCM sales, with a total of 3.76 billion in 2011, good enough to move the company up eight spots into Number 23.
Newcomers to the list in 2012 are Sofidel at Number 45, Heinzel at 57, Lintec at 98 and Gascogne at 100. Sofidel and Heinzel have both been very busy on the M&A trail over recent years, as well as expanding organically in the areas of tissue and pulp respectively.
The Metsä Group is another newcomer, but only in name; the group is made up of former companies M-real (now Metsä Board), Metsä-Botnia, (now Metsä Fibre) and Metsä Tissue, Metsä Wood and Metsä Forest.
The Million Tonners Club showed a drop in membership to 54 but this was due mainly to mergers.
Compared with 2010, sales increased by about 10%. Market pulp production was up slightly while paper and board production showed a small decline among the companies reporting.
Company 2011 Top P&B Output International Paper 1 11,769.00 UPM 6 10,615.00 Stora Enso 4 10,330.00 Svenska Cellulosa Aktiebolaget (SCA) 3 8,520.00 Nine Dragons Paper Holdings 23 7,600.00 Sappi 11 6,728.00 Oji Paper 5 6,628.00 Smurfit Kappa Group 8 6,500.00 Nippon Paper 7 5,666.00 Mondi 10 5,371.02 Resolute Forest Products 20 5,019.00 RockTenn 19 4,174.00 NewPage 27 3,954.00 Norske Skog 29 3,825.00 Shandong Chenming Paper Holdings 37 3,614.30 Lee & Man Paper Manufacturing 48 3,539.80 Domtar 16 3,535.00 Siam Cement 51 3,244.00 Marubeni 13 2,950.00 Cascades 24 2,865.40 Daio Paper 18 2,700.00 MWV 14 2,584.00 Burgo Group 32 2,509.00 Packaging Corporation of America 36 2,499.00 Graphic Packaging 22 2,482.90 Shandong Sun Paper Industry 65 2,422.60 DS Smith 33 2,300.00 Metsä Group 12 2,254.00 Boise 38 2,211.00 Holmen 42 2,142.00 Palm 54 1,900.00 Hokuetsu Kishu Paper 31 1,863.65 Rengo 15 1,831.00 Sonoco Products 25 1,800.00 Yuen Foong Yu Paper 50 1,783.00 Klabin 39 1,739.00 Shandong Huatai Paper 66 1,712.00 Cheng Loong 56 1,684.34 Lecta 44 1,656.00 Hansol Paper 60 1,646.00 Verso Paper 52 1,601.00 Portucel Soporcel 49 1,600.00 Prinzhorn Holding 58 1,600.00 Empresas CMPC 21 1,511.00 Mayr-Melnhof Karton 34 1,491.00 Catalyst Paper 63 1,340.70 Suzano Papel e Celulose 30 1,335.00 KapStone Paper & Packaging 78 1,224.00 Bio-PAPPEL 80 1,210.00 Clearwater Paper 46 1,206.00 Shandong Bohui Paper Industry 85 1,163.60 Korsnäs 69 1,120.00 Sequana 17 1,100.00 Billerud 59 1,013.00 Total of 54 companies 176,682.32
No. of companies1 2011 Sales2 ($ million) 2010 Sales ($ million) % change 2011/ % of total 2011 Mkt pulp3 (1,000 tonnes) % of total 2011 P&B4 (1,000 tonnes) % of total 2011 Europe 35 108,956 96,955 12.4 33.9 15,519 35.0 71,664 37.5 North America 30 112,555 104,736 7.5 35.0 12,543 28.3 51,451 26.9 Asia 25 72,054 65,856 9.4 22.4 1,743 3.9 55,506 29.0 Latin America 7 16,801 15,105 11.2 5.2 13,375 30.2 5,888 3.1 Oceania 1 3,547 2,837 25.0 1.1 0 0.0 0 0.0 Africa 2 7,946 7,253 9.6 2.5 1,170 2.6 6,728 3.5 100 321,859 292,743 9.9 100 44,350 100 191,237 100
Company Rank Ahlstrom 77 Altri 95 Amcor 26 Appleton 81 Arauco 41 Arctic Paper 82 Billerud 59 BILT - Ballarpur Industries 75 Bio-PAPPEL 80 Boise 38 Buckeye Technologies 79 Burgo Group 32 Canfor 70 Cascades 24 Catalyst Paper 63 Celulose Nipo-Brasileira (CENIBRA) 91 Cheng Loong 56 Chuetsu Pulp and Paper 64 Clearwater Paper 46 Daio Paper 18 De la Rue 90 Domtar 16 Double A 96 DS Smith 33 Empresas CMPC 21 ENCE 84 EUROPAC Papeles y Cartones de Europa 61 Exacompta Clairefontaine 88 Fedrigoni SpA 89 Fibria Celulose 28 Gascogne 100 Glatfelter 53 Graphic Packaging 22 Greif 93 Hansol Paper 60 Heinzel Group 57 Hengan International Group 47 Hokuetsu Kishu Paper 31 Holmen 42 International Paper 1 ITC 83 KapStone Paper & Packaging 78 Kimberly Clark 9 Klabin 39 Koehler 76 Korsnäs 69 Lecta 44 Lee & Man Paper Manufacturing 48 LEIPA Georg Leinfelder 71 Lenzing Group 35 Lintec 98 Marubeni 13 Mayr-Melnhof Karton 34 Mercer International 67 Metsä Group 12 Mitsubishi Paper Mills 40 Mondi 10 Moorim Group 68 MWV 14 Nampak 94 Neenah Paper 92 NewPage 27 Nine Dragons Paper Holdings 23 Nippon Paper 7 Norske Skog 29 Oji Paper 5 Packaging Corporation of America 36 Palm 54 Portucel Soporcel 49 Prinzhorn Holding 58 Procter & Gamble 2 Rayonier 73 Rengo 15 Reno de Medici 99 Resolute Forest Products 20 RockTenn 19 Sappi 11 Sequana 17 Shandong Bohui Paper Industry 85 Shandong Chenming Paper Holdings 37 Shandong Huatai Paper 66 Shandong Sun Paper Industry 65 Siam Cement 51 Smurfit Kappa Group 8 Södra 55 Sofidel 45 Sonoco Products 25 Stora Enso 4 Suzano Papel e Celulose 30 Svenska Cellulosa Aktiebolaget (SCA) 3 SWM 97 Tembec 62 Tokushu Tokai Paper 87 UPM 6 Verso Paper 52 VPK Packaging 74 Wausau Paper 72 West Fraser Timber 86 Weyerhaeuser 43 Yuen Foong Yu Paper 50
Every year there are companies that could be in the Top 100 that are not. This is because these often extremely prominent companies are privately owned and do not make their financial results public. These companies include (but are not restricted to): APP, APRIL, Carter Holt Harvey, Irving, Kruger, Georgia-Pacific, Saica, Visy and Pratt Industries.
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