secwatch.observer — SEC 8-K summary
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Issuer:     Sylvamo Corp (SLVM)
CIK:        0001856485
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001193125-24-248167
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sylvamo and International Paper mutually terminate Georgetown supply agreement effective Dec 31, 2024
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- Mutual termination of the Georgetown Supply Agreement between Sylvamo NA and International Paper, no early termination penalties.
- Sylvamo transitioning paper grades from Georgetown to its Ticonderoga, NY and Eastover, SC mills to continue serving customers.
- International Paper plans to discontinue operations at the Georgetown, SC mill.
- CEO says Sylvamo prepared since 2021 spinoff, will retain most profitable products, reduce economic downtime, and improve mix.
- Transition details will be discussed on Sylvamo's Q3 earnings call scheduled for Nov 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856485/000119312524248167/0001193125-24-248167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856485/000119312524248167/d869934d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-248167

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