other material
confidence high
sentiment negative
materiality 0.75
Sylvamo's Svetogorsk mill in Russia may curtail or shut down due to raw material shortages
Sylvamo Corp
- Mill at Russia-Finland border employs 1,700 and has 720,000 short tons annual capacity.
- Russian operations generated roughly 15% of Sylvamo's 2021 total revenue.
- Mill relies on imported raw materials from Europe; company cites inadequate supplies.
- Sylvamo committed to continue providing water, electricity, and water treatment to the community.
- Latin America and North America operations unaffected; company monitors Ukraine crisis.