Sylvamo amends International Paper supply and Brazil payment agreements
Sylvamo and International Paper amended two agreements tied to the 2021 spin-off, as International Paper converts its Riverdale mill to containerboard. The supply agreement now runs through April 30, 2026 with wind-down in May and termination on May 30, 2026 unless extended, and the Brazil payment obligation is reduced by $15 million plus a variable amount linked to purchases.
Key points
- Supply Agreement with IP's Riverdale, Alabama, mill continues through April 30, 2026, then winds down in May; it terminates May 30, 2026 unless extended.
- Riverdale paper machine no. 16 is being converted to containerboard by the third quarter of 2026, per IP's August 2025 announcement.
- Brazil Payment of $100 million is reduced by $15 million in $3 million annual installments from September 1, 2026 through 2030, plus a variable reduction tied to purchases from October 1, 2025 through May 31, 2026.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
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