Bloomberg Talks International Paper Chairman & CEO Andrew Silvernail Talks Improvement Plan, Equity Outlook
Mar 26, 2025
Andrew Silvernail discusses a major packaging company’s shift towards sustainable practices, emphasizing value over volume. He outlines a new improvement plan aiming to significantly boost Ebitda through cost savings and a fresh commercial strategy. The conversation also touches on a strategic $260 million investment aimed at on-shoring operations to better serve customers. Silvernail highlights the challenges of adapting to a changing economic landscape while managing growth and resource allocation effectively.
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International Paper's Transformation
- International Paper, despite its name, is primarily a packaging company.
- They are focused on sustainable packaging and customer needs, exemplified by their work with Chewy.
Value Over Volume
- Prioritize value over volume, even if it causes short-term challenges.
- Ensure you are compensated fairly for the value your company provides to customers.
Investment in Waterloo, Iowa
- International Paper is building a $260 million box plant in Waterloo, Iowa, in a region called "Protein Alley".
- This investment aims to be closer to customers, improve efficiency, and drive innovation.