Press Release

Shorewood's Newest Folding Carton Facility Makes Its Debut

New York, NY - March 17, 2008 - Shorewood Packaging, a business of International Paper, announces the opening of its new folding carton manufacturing facility just outside Shanghai in Kunshan, Jiangsu Province, Peoples' Republic of China.

On March 20, Shorewood Packaging Kunshan will welcome more than 100 guests, including customers from 19 consumer products companies, representatives from the Kunshan and Shanghai governments and local media.  The opening ceremony will be presided over by John Faraci, chairman and CEO of International Paper; Tom Gestrich, president of IP Asia; and Lucy Tzou, general manager of Shorewood Packaging, IP Asia.

"The expansion of Shorewood Packaging in Asia aligns with our business strategy to grow where our customers are growing, enabling us to meet their needs for quality packaging," said Ethel Scully, senior vice president of Shorewood's Consumer Products Business.

"The launch of this facility creates the opportunity to build closer relationships with an increasing number of consumer products companies seeking packaging in the rapidly-growing domestic market in China," said Lucy Tzou.

Shorewood Packaging Kunshan will serve both domestic China and international customers in several key market segments - most notably cosmetics, fragrances, personal care, confectionery and over-the-counter pharmaceuticals.

The new 120,000 square-foot Shorewood Kunshan facility features digital prepress, computer-to-plate (CTP) technology, offset lithography, in-house foil stamping and embossing, as well as converting and finishing capabilities.

This announcement reflects Shorewood's commitment to its global investment program, which includes the installation of new equipment at several of its facilities and the recent opening of the new Shorewood Design and Development Center in Carlstadt, N.J.

For more information, visit www.shorewoodpackaging.com.

 

Shorewood Packaging is a leading value-added provider of high quality creative, printing, packaging and retail display products that help customers enhance their brands in the global marketplace.  Shorewood serves a diverse range of customers in the home entertainment industry as well as pharmaceutical, cosmetic, confectionary, sporting goods and private label customers in the consumer products industry.  Shorewood is committed to helping customers achieve their sustainability goals through its greenchoice™ sustainable packaging solutions program.  Shorewood is a business of International Paper and has multiple manufacturing facilities in North America, Europe and Asia.  To learn more about Shorewood and its products and services, visit www.shorewoodpackaging.com.

International Paper (NYSE:IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa.  Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company.  Headquartered in Memphis, Tenn., the company employs more than 50,000 people in more than 20 countries and serves customers worldwide.  2007 net sales were approximately $22 billion.  For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.

Media Contact: Linda Lombri, 212-508-5662; Samantha Hood, 901-419-7156