International Paper, DS Smith combine

International Paper (IP) and DS Smith (DITHF), two producers of sustainable packaging, containerboard and pulp products, combined forces to create a new sustainable packaging solutions company, focused on the North American and EMEA regions. “With a stronger portfolio of sustainable packaging solutions, the combination of International Paper and DS Smith enhances our offerings, increases innovation and expands our geographic reach,” said Andy Silvernail, International Paper Chairman and CEO. “We will bring together the capabilities and expertise of two experienced teams, with similar cultures to create the global leader in sustainable packaging solutions.”