As the Southeast region was still digesting the wood flow implications of the closure of Georgia-Pacific’s Cedar Springs mill earlier this year, the announced closure of two facilities on the coast brought more change. International Paper closed the Savannah and Riceboro, GA packaging mills in addition to their Riceboro, GA sawmill in September 2025. These closures will remove more than 4.6 million tons of wood demand. The closure of the IP mills in South Georgia means that residual chips will continue to gain “fibershare” at the remaining facilities. American Industrial Partners (AIP) agreed to purchase the Global Cellulose business from International Paper for $1.5 billion. Facilities in this transaction are in NC, MS, GA, and VA. Additionally, Packaging Corporation of America purchased the packaging business from Greif for $1.8 billion. This purchase includes the Riverville, VA pulp and paper facility. |