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Sylvamo Becomes Independent, Publicly Traded Company

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Friday, October 1, 2021
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Friday signifies a new beginning for Sylvamo (NYSE: SLVM), a spinoff of International Papers (NYSE: IP) global papers business, as it becomes an independent, publicly traded company.

Key Points: 
  • Friday signifies a new beginning for Sylvamo (NYSE: SLVM), a spinoff of International Papers (NYSE: IP) global papers business, as it becomes an independent, publicly traded company.
  • Company leaders will ring the first trade bell at the New York Stock Exchange to commemorate the milestone and introduce The Worlds Paper Company.
  • As a standalone company, Sylvamo has the strategic flexibility, strong leadership and teams, best-in-class mills in attractive regions and iconic global brands to create long-term value for our employees, customers and shareowners.
  • Sylvamo (NYSE: SLVM) is the worlds paper company with mills in Europe, Latin America and North America.