Sylvamo, International Paper Mutually Terminate Supply Agreement For Uncoated Freesheet, Bristols And Specialty Papers At Georgetown, South Carolina, Mill
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Sylvamo and International Paper have mutually agreed to terminate their supply agreement for uncoated freesheet, bristols, and specialty papers at the Georgetown, South Carolina mill. The termination will be effective on December 31, 2024.
October 31, 2024 | 11:51 am
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NEUTRAL IMPACT
International Paper and Sylvamo have agreed to terminate their supply agreement at the Georgetown mill, effective December 31, 2024.
The termination of the supply agreement may affect International Paper's operations and supply chain, but the long lead time until the termination date allows for adjustments. The impact on stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Sylvamo and International Paper have agreed to terminate their supply agreement at the Georgetown mill, effective December 31, 2024.
The termination of the supply agreement may impact Sylvamo's operations and supply chain, but the long lead time until the termination date allows for adjustments. The impact on stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80