Aug. 22 at 8:55 AM
$IP
So IP will be losing 1 million tons of capacity in container-board?
Will other plants be able to pick up this load?
As it concluded, the release stated that the Riverdale conversion is expected to be completed by the third quarter of 2026, the Riceboro and Savannah mills will shut down in phases by the end of September 2025, and the Savannah packaging facility will also cease operations by the end of September. “These combined changes will result in a net reduction of the company’s annual containerboard capacity by approximately one million tons,” officials stated in the release.
Read more at: https://www.thetidewaternews.com/2025/08/21/ip-agrees-to-sell-global-cellulose-fibers-business/#