{"id":877999,"date":"2025-08-21T11:23:14","date_gmt":"2025-08-21T15:23:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/riverdale-mill-supply-agreement-update\/"},"modified":"2025-08-21T11:23:14","modified_gmt":"2025-08-21T15:23:14","slug":"riverdale-mill-supply-agreement-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/riverdale-mill-supply-agreement-update\/","title":{"rendered":"Riverdale Mill Supply Agreement Update"},"content":{"rendered":"

<\/p>\n

Riverdale Mill Supply Agreement Update<\/b><\/p>\n

MEMPHIS, Tenn.–(BUSINESS WIRE<\/a>)–
\nInternational Paper (NYSE: IP) announced plans to convert the No. 16 paper machine at its Riverdale mill in Selma, Alabama, to produce containerboard by the third quarter of 2026. The mill currently supplies Sylvamo (NYSE: SLVM) with approximately 260,000 short tons of cutsize uncoated freesheet annually from the machine through a supply agreement.<\/p>\n

\n\u201cThe Riverdale supply agreement is not part of our long-term strategy. We have been planning for this conversion since our 2021 spinoff, including making strategic investments in our footprint in North America. We will support our customers throughout this transition,\u201d said Jean-Michel Ribi\u00e9ras, chairman and chief executive officer, Sylvamo.<\/p>\n

\nMore details will be available Thursday in a presentation at investors.sylvamo.com<\/a>.<\/p>\n

About Sylvamo<\/b><\/p>\n

\nSylvamo (NYSE: SLVM) is the world\u2019s paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2024 were $3.8 billion. For more information, please visit Sylvamo.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250821164514\/en\/<\/a><\/span><\/p>\n

\nInvestor Contact: Hans Bjorkman, 901-519-8030, hans.bjorkman@sylvamo.com
\n<\/a>
Media Contact: Adam Ghassemi, 901-519-8115, adam.ghassemi@sylvamo.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Tennessee Alabama<\/p>\n

INDUSTRY KEYWORDS:<\/b> Supply Chain Management Natural Resources Retail Specialty Forest Products<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Riverdale Mill Supply Agreement Update MEMPHIS, Tenn.–(BUSINESS WIRE)– International Paper (NYSE: IP) announced plans to convert the No. 16 paper machine at its Riverdale mill in Selma, Alabama, to produce containerboard by the third quarter of 2026. The mill currently supplies Sylvamo (NYSE: SLVM) with approximately 260,000 short tons of cutsize uncoated freesheet annually from the machine through a supply agreement. \u201cThe Riverdale supply agreement is not part of our long-term strategy. We have been planning for this conversion since our 2021 spinoff, including making strategic investments in our footprint in North America. We will support our customers throughout this transition,\u201d said Jean-Michel Ribi\u00e9ras, chairman and chief executive officer, Sylvamo. More details will be available Thursday in a presentation at … <\/p>\n

Continue reading “Riverdale Mill Supply Agreement Update”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-877999","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRiverdale Mill Supply Agreement Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/riverdale-mill-supply-agreement-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Riverdale Mill Supply Agreement Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Riverdale Mill Supply Agreement Update MEMPHIS, Tenn.–(BUSINESS WIRE)– International Paper (NYSE: IP) announced plans to convert the No. 16 paper machine at its Riverdale mill in Selma, Alabama, to produce containerboard by the third quarter of 2026. The mill currently supplies Sylvamo (NYSE: SLVM) with approximately 260,000 short tons of cutsize uncoated freesheet annually from the machine through a supply agreement. \u201cThe Riverdale supply agreement is not part of our long-term strategy. We have been planning for this conversion since our 2021 spinoff, including making strategic investments in our footprint in North America. We will support our customers throughout this transition,\u201d said Jean-Michel Ribi\u00e9ras, chairman and chief executive officer, Sylvamo. 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