IPE is a South American hardwood found mostly in Brazil. The scientific name is tabebuia, and they can grow over 150 feet tall with few defects. Other commercial names are Brazilian walnut, or ironwood. IPE is the wood of choice for homeowners who want a high quality, strong, durable wood thats known to last for decades. Being a tropical hardwood, IPE decking is resistant to rot, decay and insects. IPE decking is one of the top choices for home owners who demand quality.