Asia Pulp and Paper Limited is an Asia-only publicly-listed pulp and paper company headquartered in Kuala Lumpur, Malaysia. It is engaged in the manufacture of pulp and paper. It has two business segments: Fiber and Paper. The company’s products include pulp, paper, and other fibers, containers, and stationery. Asia Pulp and Paper Limited is also a constituent of the Nasdaq-100 Index.
There are several other publicly listed companies in this sector that you should also know about, including Caledonian Forest Industries, Fraser and Neave Industries, and International Paper.
Caledonian Forest Industries
Caledonian Forest Industries is a FTSE EPRA/NAREIT Asia Pacific Index member. It manufactures and sells wood-based panels, which are used to manufacture construction products, such as site erected houses, prefabricated houses, multi-story buildings, wall panels, flooring materials, and furniture.
The company offers two product lines: panels and boards. The panels business produces high performance building boards designed for use in construction projects. The boards business produces brown coated hardwood veneer boards that are used to produce a variety of furniture pieces for the home and office.
In addition to its production facilities in Malaysia and China, it also has a manufacturing plant in Indonesia.
Fraser and Neave Industries
Fraser and Neave Industries is a leading regional conglomerate with a diversified business. The company is headquartered in Singapore and has operations across Asia. It provides its services in five areas: food and beverages, industrial manufacturing, logistics, property development, and healthcare.
*This company owns the Kwong Tung brewery (Malaysia’s oldest beer brand) as well as brands like Tiger Beer, Guinness Stout, and Angry Birds milk.
*It also owns the popular Thai iced tea brand Tipco.
*The company’s shares are listed on the Singapore Stock Exchange under FNEI.
International Paper
International Paper is an American-based multinational corporation that manufactures corrugated and packaging products. International Paper produces 42 percent of the world’s paper, making it the largest pulp and paper company in the world.
International Paper has a market cap of $36 billion, generating over $20 billion in annual sales. It employs over 55,000 people worldwide, with operations spanning across 20 countries and six continents.
International Papers uses a number of strategies to improve its competitive advantage including investing heavily in research and development. The company invests approximately $300 million annually into this area alone, which is about 5 percent of total revenues. This research is targeted at developing more sustainable technologies for harvesting timber as well as improving quality of products.
Sumitomo Corporation
In 1961, Sumitomo Corporation purchased a share of Asia Pulp and Paper (APP) and it was listed on the Tokyo Stock Exchange in 1964. The company was listed on the Singapore Stock Exchange in 1970 and the London Stock Exchange in 1980.
The company is also a constituent of S&P/ASX 100 Index, FTSE Straits Times Index, FTSE4Good Index, Dow Jones Sustainability Asia Pacific Index and Dow Jones Sustainability World Index.
Sumitomo Forestry Products
Sumitomo Forestry Products is one of Japan’s leading timber products and forest resource management companies. The company produces both softwood and hardwood products and forest resources. Sumitomo Forestry Products operates through four segments: Lumber, Pulp and Paper, Chemicals, and Other Operations.
Apart from being a leading manufacturer of pulp and paper, it also carries out timber-related businesses including lumber processing, trading activities in forests, production of wood based chemicals, and other operations. It trades in forestry resources for export to overseas markets such as Asia and Europe.
Conclusion
Asia Pulp and Paper is a multinational company specializing in pulp and paper production. The company operates primarily in several Asian countries, as well as in Canada and the United States.
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