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Smurfit-Stone Container - Wikipedia, the free encyclopediaSmurfit-Stone ContainerF rom W i kip ed ia , th e fre e e nc yc lo pe diaSmurfit-S tone Conta in er Corporation w as a globalpaperboard and paper-based packaging com pany based inC reve C oeu r, M isso uri, and C hicago , Illino is. Ithadapp rox im ately 21,00 0 em p1o yees. In 200 7, S rrrurfit-S ton e w asranked 13 in Pricew aterhouseC oopers' ''T op 100" forest, paper,and packaging com panies in the w orld (ranked by salesrevenue).[l] T he com pany is also among th e w orld 's la rg estp ap er r ecyc le rs .R ock- Tenn bought the com pany in a $3.5 billion deal thatclosed in M ay 2011. [2 ]

Contents 1 H istory

1 .1 In troduction 1 .2 H istory 1 .3Products

2 Products and services 3 Safety 4 Environm ental

4.1 A ir 4.2 Forestry 4.3 Recycling 4.4 Su stainab iIity

5 C om nrunity involvem ent 6 Bankruptcy & cor po ra te r eo rg an iz at io n 7 Recent Openings 8 References 9 E x1ernallinks

HistoryIntroduction

F inanc ia l Information2007 2006 2005

Total Revenue (US$M ) 7,420 7,157 6,812

Smurfrt-Stone logo

S rrru rfit-S to ne C on ta in er C orp oratio n w as th e in du stry 's le ad in g in te gra te d m an ufa ctu re r o f p ap erb oa rd and paper-based packaging. T he com pany w as the largest N orth A merican producer of containerboard, corrugatedcontainers, m uhiw all and specialty bags, and clay-coated recycled boxboard (C RB ). It w as also a leading producero f so lid b le ac he d su lfa te p ap erb oa rd (S BS ), fo ld in g c arto ns, fle xib le p ack ag in g, la be ls a nd p oin t-o f-p urc ha sedisplays. SSCC was one of the world 's largest paper recyclers, a key raw m aterial fur its products .

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Smurfit-Stone Container - Wikipedia, the free encyclopedia-The EnviroShell, which serves as a recyclable, corrugated alternative to traditional blister packs andincludes easily separated and recycled PET inserts. These inserts help lead to EnviroShel/'s 89percentreduction inplastic use compared to the traditional blister packs. [3 ]-RecyclaCorr is afully recyclable product that offers a replacement to wax imbued mediums. It providesstrength under both dry and humid conditions and has 100% recycled fiber content. Some commonapplications of RecyclaCorr include packaging produce, protein, beverages, bakery products, products thasustain freeze/ thaw cycles, and products that require high humidity storage. [4 ]Smurfit-S to ne a lso p ro vid es p ap er a nd p ac ka gin g-re Ja te d se rv ic es, w hic h in clu de re cy clin g so lu tio ns, p ac ka gin gresearch and developm ent, and pulp and paper serv ices.SafetySm urfit-S tone has been an industry leader in safetyperfonm nce since 2001. In2007, Smurfit-S to ne 's U .S .operations had an OSH A recordable case rate of 1.05, the best in com pany and industry history . This representsan 84 percent im provem ent in the com pany 's recordable case ra te since the im plem entation ofS murfit-S tone'sSA FE process in 1995.[3] T he SA FE process, w hich stands fur Sm urfit-S tone A ccident-Free E nvironm ent,pro motes five co re b eliefs:

1 . A ll in ju rie s a re p re ve nta ble2. Safety is ev er yone's r es pon si bi li ty3. Wo rk in g sa fe ly is a c on ditio n o f emplo ym e nt4. T rain ing em ployees to w ork safely is essential5 . Safety is g oo d b us in es s

EnvironmentalA i r

Smu rfit-S to ne sets o ut to so lv e su stain ab le p ack ag in g requirem ents o fits cu sto mers w itho ut th re aten in g th e a bility ofu tu re g en era tio ns to f i l l their needs. T o ensure this mission is carried out, the com pany works to reduce itse nv iro nm e nta l fu otp rin t in e ve ry w ay p ossib le . Smurfit- S to ne is a m em ber of the C hicago C lim ate Exchange(C CX ), connnittingto achieve greenhouse gas em ission reductions of6 percent below baseline by 2010. Thecom pany has also put its Load M ax Initiative into pJace, w hich reduces green house gas em issions by m axim izingtrailer usage and therebypJacing few er trucks on the highw ay. [3 ] O verall, S mu rfit-S to ne h as red uced its u se o ffo ssif ue l b y 20% since 1998 and has already m et the obligation ofCCX Phase I to reduce green house gas em issionsby 312,000 tons, a goal that w as m et by utilizing such practices as the com bined heat and pow er process (CH P) tburn biom ass in mills. [3 ]ForestrySmurfit-Stone is one of the founding members o f th e S usta in ab le Forestry In itiative (SF!). B y subscrib ing to thSFI E nvirom nental S tandards, Sm urfit-S tone uses the SFI C ertified Sourcing Label T o obtain that label, Sm urfit-Stone is required to m aintain tw o-th irds ofits raw m ateria ls fur packaging from S FI-certified sources and m ust alsom ake effo rts to in fo rm lan dow ners o n th e im po rtan ce o f prac ticin g su stain able forestry , S mu rfit-S to ne u tiliz es a

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Smurfit-Stone Container - Wikipedia, the free encyclopediaForest R esources program , w hich provides high-quality virgin w ood fiber to i ts mi ll s, man ag es c omp an y fo re stla nd s(approxim ately 1 m illion acres), and m aintains a nursery and tree im provem ent program T he nurseries in thisprogram grow over 24 m illio n p ine seedling s arm ually to rep1ace trees that have b een harvested by S rn urfit- S to ne.T he m anufactu ring process u sed b y S rnu rfit-S ton e's k raft paper mills utilizes m ost parts of trees. B ark and saw dustare used as biom ass :fuel for boilers; the debarked tree is processed in to fiber, which is refined to m ake paper; therem aining chem icals are recovered and reused as a source of :fuelfor the boilers; and the w ood residuals thatSrnurfit- S tone carm ot use are sent to th ird parties w ho reuse them as biom ass :fuelor to enrich soil quality. [3]RecyclingSrnurfit-S tone is also am ong the leading collectors of recycled paper and non-paper based recovered m aterialsw orldw ide, operatin g the w orld 's 1argest pap er recycling business. In 2007, Srnurfit - Stone collected a record 7m illio n to ns o f rec yc 1a ble m ate ria ls, a nd a nn ua lly re use a pp ro xim ate ly 45% o f c olle cte d fib er in S rn urfit- S to ne millsSrnurfit-S to ne has also recen tly beg un u sing their cap ab ilities to recy cle third p arty w astes su ch as p 1astic, m etal,and glass.[5]SustainabilityIn continu ing efforts to prom ote env ironmental su stain ab ility throug hou t the in du stry , Srnurfit S ton e is a m em ber o fthe W orld B usiness C ouncil for Sustainable Developm ent (WBC SD), an organization that provides a m edium forcom panies to share know ledge and experience, expand sustainable developm ent, and voice com pany positions onre le va nt issu es. S rn urfit-S to ne p artn ers w ith o rg an iz atio ns su ch a s th e N atio na l CO lIDCilfo r Air a nd S tre amIm provem ent, the R ocky M ountain E lk Foundation, the M ichigan U nited C onservation C lub, and the A labam aT re as ur e F ore st A sso cia tio n [6 ]Srnurfit-S to ne carries o ut its bu siness in com plian ce w ith the environm en tal, heahh , an d safety princip les o f theA merican Forest and Paper Association They conduct routine evaluations to confirm the status of this compliancea nd to mo nito r th eir fa cilities' e nv iro nm en ta l m an ag em en t sy stems.Community involvementS rn urfit-S to ne a ctiv ely ta ke s a ro le in im p ro vin g lo ca l c orrn nu nitie s w ith fin an cia l and volun te er -b as ed cont ri bu tio n s.In Decem ber 2007, Srnurfit-S tone C ontainer C om pany pledged $1 m illion to the YMCA of Greater S t. Louis.They now aim to raise $30 m illion for the organization by 2009. In March, 200 7, S rn urfit-S ton e provid ed theircom pany wellness center to the Y MCA in W est Point, VA . The building is now used to house the Greater W estP oin t F am ily YMCA . S rn urfit-S ton e's recycling d iv isio n has sp onsored Am erican C ancer S ociety fim draisingevents for m ore than 10 years, raising around $1 m illion to directly benefit the St. Louis H ope Lodge C enter.Srnurfit-S to ne w orks w ith several oth er org anizations such as H ab itat for H um anity, P ro ject Learn ing T ree,A merican Red Cross, U nited W ay, M arch of Dim es, and Juvenile Diabetes R esearch Foundation [3]Bankruptcy & corporate reorganizationIn early January 2009, T he W all S treet Journal arm ounced that Srnurfit-S tone had hired 1aw yers to p1an for apo ten ti al bankruptcy fili ng - w hich caused an 83% collapse ofSrnurfit-S tone's stock priceP][8] O n January 27,2009, Srnurfit-S tone filed petitions for reorganization under C hapter 11 in the U .S . B ankruptcy C ourt in

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Wi lm i ng to n, D e1 aw a re . [ 9]Smurfit-Stone Container - Wikipedia, the free encyclopedia

T he com pany 's C EO claim s Sm urfit-S tone w as furced to file bankruptcy because of higher operations costs,burdensom e debt revels from prior corporate m ergers, and weakened dem and for packaging caused by a g10baleconom ic recession[9] P ending court approval, the com pany hopes to obtain debtor-in-possession (D IP) financinto continue ongoing business operations, paym ent of em ployee w ages and benefits, and paym ent of existing vendorob ligat ions . [9 ]

Recent OpeningsInM ay 2009, Sm urfit-S tone opened a high-tech corrugated container producing facility in N ew Lenox, Illinois. T hn ew p lan t will em ploy 145 people and supply com panies in the pizza, o iliubricants, detergents and householdg oo ds, c ook in g, a nd he alth ca re in dustriesP O]References

1. A PriceWaterhouseCoopers, Global Forest Paper & Packaging (2007-08-01). "Growth - Global Forest, Paper &Packaging Industry Survey 2007" (http://cfodirect.pwc.com:80/CFODirectWeb/Controller.jpf?ContentCode=FSAE-75LQWS&ContentType=Content) . PricewaterhouseCoopers.http://cfodirect.pwc.com:80/CFODirectWeb/Controller.jpf?ContentCode=FSAE-75LQWS&ContentType=Content.Retrieved 2009-01-27.

2. A Bryant, Tim, Rock- Tenn, Smurfit-Stone shareholders agree to merger(http://www.americanchronicle.comiarticles/yb/159661137).St. Louis Post-Dispatch, May 28,2011.

3. A abc d efg Smurfit-Stone Environmental Report(http://www.smurfit.com:8080/f:tles/Environmental_ Report _2007. pdf)

4. A Packaging Online (http://www.packaging-online.comipaperboardpackagingiarticle/artic1eDetail.jsp?id=429757)May 31,2007

5. A Smurfit-Stone Company website (http://www.smurfit-stone.com) June 2,20086. A Smurfit-Stone's 2007 Sustainability report7. A Mccracken, Jeffrey; Brat, Ilan (January 15, 2009). "Smurfit Says Bankruptcy Is Possible Amid Crunch"

(http://online.wsj.comiartic1e/SB123197469101583315.html) . The Wall Street Journal.http://online.wsj.comiartic1e/SB123197469101583315.html

8. A "Smurfit-Stone Falls as Bankruptcy Filing Seen Likely (Update2)" (http://www.bloomberg.comlapps/news?pid=20601103&sid=aHLIKOJkvTCo&refer=us) . Bloomberg. January 15, 2009.http://www.bloomberg.comlapps/news ?pid=2060 1103&sid=aHLIKOJkvTCo&refer=us.

9. A abc "Smurfit-Stone Files Chapter 11" (http://members.whattheythink.comlnews/newslink.cfm?id=35296) .WhatTheyThink. 2009-01-27. http://members.whattheythink.comlnews/newslink.cfm?id=35296.

10. A "Smurfit Stone Opens new High-tech Corrugated Plant" (http://www.convertingmagazine.comlartic1e/308471-Smurfit_ Stone _opens _new _high_tech _corrugated _plant. php) . Convertingmagazine.com(http://www.convertingmagazine.com) . Accessed May 2010

External links Smurfit-S to ne (h ttp ://www .smu rfit-sto ne .c om l) O ffic ia l w eb site

R etrie ve d from ' 'http://enwikipedia.orglw/index.php?tit1e=Smu rfit-Stone_Container &oldid=47541144l"C ategories: C om panies established in 1998 I Pulp and paper com panies of the U nited StatesI Com panies listed on the N ew Y ork Stock Exchange I C om pan ies b ased in C hicag o, Illin ois

http://cfodirect.pwc.com/CFODirectWeb/Controller.jpf?ContentCode=FSAE-75LQWS&ContentType=Content.http://online.wsj.comiartic1e/SB123197469101583315.htmlhttp://www.bloomberg.comlapps/newshttp://members.whattheythink.comlnews/newslink.cfm?id=35296.http://%27%27http//enwikipedia.orglw/index.php?tit1e=Smurfit-Stone_Containerhttp://%27%27http//enwikipedia.orglw/index.php?tit1e=Smurfit-Stone_Containerhttp://members.whattheythink.comlnews/newslink.cfm?id=35296.http://www.bloomberg.comlapps/newshttp://online.wsj.comiartic1e/SB123197469101583315.htmlhttp://cfodirect.pwc.com/CFODirectWeb/Controller.jpf?ContentCode=FSAE-75LQWS&ContentType=Content.

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Smurfit-Stone Container - Wikipedia, the free encyclopediaI P a ck ag in g c omp ani es I C om panies that h av e filed for C hap ter 11 bankrup tcy

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See T erm s of use for deta ils.Wikipedia is a re giste re d tra dem ark o f th e W ik im ed ia F ou nd atio n, In c., a n on -p ro fit o rg an iz atio n