Rank Company Country 2008 Net Sales (US$M) 2008 Net Income (Loss) (US$M) 1 International Paper United States 24,829 (1,282) 2 Kimberly-Clark United States 19,415 1,690 3 SCA Sweden 16,965 857 4 Stora Enso Finland 16,227 (991) 5 UPM Finland 13,920 (263) 6 Oji Paper Japan 12,788 114 7 Nippon Unipac Japan 11,753 55 8 Smurfit Kappa Ireland 10,390 (73) 9 Metsäliitto Finland 9,335 (313) 10 Mondi Group UK/ South Africa 9,466 (310)