Value analysis of the papermaking industry—this article is all you need.

Table 3: Non-Chinese International Papermaking Listed Companies 3.4 Ranking of Chinese Enterprises Table 4: Comprehensive Value Analysis of A/H-Share Papermaking Listed Companies 3.5 Key Global Competitors Table 5: Global Leading Paper Industry Companies Ranking: International Paper: International Paper (NYSE: IP) is a global company operating in the paper and packaging industry. Its business includes uncoated paper, industrial and consumer packaging, and forest products. The company’s global headquarters is located in Memphis, Tennessee, USA, and it employs approximately 59,500 people across 24 countries, serving customers worldwide. In 2010, its net sales amounted to USD 25 billion. International Paper operates in North America, Latin America, Europe—including Russia—as well as Asia and North Africa. Founded in 1898, it is currently the world’s largest paper and forest products company and one of only four U.S. publicly listed companies with over a century of history. Its global headquarters is in Memphis, Tennessee. For nine consecutive years, it has been named by Fortune magazine as the most admired company in the North American forest products and paper industry. For five consecutive years, it has been recognized by Ethisphere Magazine as one of the world’s most ethical companies. In the 2012 Fortune Global 500 ranking, it ranked 424th. Kimberly-Clark is a global leader in health and hygiene care. Established in 1872, the company operates manufacturing facilities in 35 countries and employs nearly 42,000 people. Its three core businesses are personal health care products, household tissue products, and commercial consumer products, generating annual sales exceeding USD 18 billion and distributing products to over 175 countries and regions. As a pioneer in the global health and hygiene care sector since 1872, Kimberly-Clark’s three core businesses are personal health care products, household tissue products, and commercial consumer products. It operates manufacturing facilities in 35 countries, distributes products to over 175 countries and regions, and employs nearly 42,000 people. Over its 140-plus-year history, Kimberly-Clark has achieved numerous inventions and world-first innovations; Kotex—the first brand to launch public menstrual education—played a pivotal role in popularizing disposable menstrual care products. Renowned for its commitment to excellence in quality, superior service, and fair treatment, Kimberly-Clark’s iconic international brands have become an indispensable part of consumers’ daily lives. Approximately one-quarter of the world’s population uses Kimberly-Clark products every day, trusting them to enhance health and everyday convenience. Iconic Kimberly-Clark brands—including Kleenex, Huggies, Kotex, Scott, Pull-Ups, Depend, Andrex, and Poise—rank first or second in market share in more than 80 countries. Chapter IV: Future Industry Outlook Given the pricing and regulatory mechanisms in the papermaking industry, while striving to improve energy-saving and emission-reduction technologies in production processes, effective interaction with upstream forestry—through integrated forestry and papermaking—can enable the paper industry to truly achieve low-carbon production. Integrated forestry and papermaking centers on breaking away from the traditional, disjointed model separating forestry and papermaking industries. It fully leverages market mechanisms to organically integrate the four key production elements—land, afforestation, pulping, and papermaking—accelerating the development of wood pulp raw material forests by paper enterprises, thereby establishing a virtuous cycle of “using papermaking to support afforestation, using afforestation to boost papermaking, integrating forestry and papermaking, and promoting coordinated development” across a large-scale industry.

Industry | Global paper industry’s top spot changes hands: annual net sales exceed RMB 160 billion; Nine Dragons Paper rises to No. 11.

The global paper industry’s top spot changes hands: annual net sales exceed RMB 160 billion; Nine Dragons Paper rises to No. 11. November 2025 update: U.S.-based authoritative magazine Paper360 released its latest Global Paper Top 75 list, ranking companies based on their 2024 net sales (or fiscal year figures where applicable) from pulp, paper, converted products, and merchant distribution (PPCM) businesses. Notably, this list includes only publicly traded companies with disclosed financial data; therefore, non-disclosing firms such as Irving, Kruger, Twin Rivers, Paper Excellence, Sustana, Georgia-Pacific, APP (Asia Pulp & Paper), and APRIL (Asia Pacific Resources International Limited) are excluded. Missing financial data from some listed companies may also result in omissions of otherwise eligible firms. Geographically, the U.S. leads with 13 companies on the list, followed closely by China with 12 (including three from Taiwan), Japan with seven, Sweden with five, and Finland, Brazil, and Canada each with four. Austria, Germany, and Italy each have three; South Korea, the UK, Portugal, Spain, and Chile each have two; and Ireland, Belgium, Poland, France, Norway, Thailand, and South Africa each have one. Compared to last year, one fewer Chinese company appears on the list. Vinda International, previously ranked 41st, was acquired by Singapore-based RGE Group (Royal Golden Eagle) and subsequently privatized and delisted, thus ceasing to disclose relevant financial data and disappearing from this year’s ranking. The 12 Chinese enterprises featured are: Nine Dragons Paper (No. 11), Sun Paper (No. 19), Shanying International (No. 22), Lee & Man Paper (No. 30), Chenming Paper (No. 33), China Paper (No. 34), Hengan International (No. 46), YFY (Yongfengyu, No. 47), Rongcheng (No. 54), Cheng Loong (No. 60), Huatai Paper (No. 61), and Sunshine Paper (No. 62). Among them, ten improved their rankings, reflecting strong competitiveness. Sun Paper entered the Global Top 20 for the first time, ranking 19th with net sales of USD 5.3283 billion. Founded in 1982 in Shandong Province, the company operates production bases in Shandong, Guangxi, and Laos. Its major products—including offset paper, coated paper, kraft linerboard, tissue paper, food-grade paper, and dissolving pulp—command significant domestic market shares. This year, several projects have successively entered trial production or full operation: the 37,000-ton specialty paper base new materials project and Phase II of the 140,000-ton specialty paper project at the Yandian site in Shandong; Phase I of the Nanning Park integrated pulp-and-paper upgrading project (5.25 million tons annually) and supporting industrial park—including PM11 high-end packaging paper line—at the Guangxi base; Phase II—the PM9 specialty paper line; a 350,000-ton bleached chemical wood pulp line; a 150,000-ton mechanical wood pulp line; and related supporting infrastructure. Nine Dragons Paper rose three places to rank 11th, with net sales of USD 8.2654 billion, up 4.9% year-on-year. Founder Zhang Yin began her career trading recycled paper. In the mid-1990s, she founded Nine Dragons Paper in Dongguan, entering the papermaking industry. After 30 years of development, the company has grown into a global integrated pulp-and-paper industry leader, primarily engaged in the production and sale of corrugated board papers (kraft linerboard, eco-friendly kraft linerboard, white-top kraft linerboard, coated kraft linerboard, and white cardboard), high-strength corrugating medium, coated grey-back white paperboard, cultural paper, gypsum board facing paper, specialty paper, and pulp products—widely applied across consumer goods, food & beverage, electrical & electronic appliances, and logistics sectors.

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