NORTH CHARLESTON, S.C. (News release) -- Ingevity Corporation announced that operations at the company's North Charleston, South Carolina, plant will continue as normal with the announced closure of WestRock Company's North Charleston, South Carolina, paper mill. The two companies will work together to transition limited shared services ahead of the August 31, 2023, closure of the WestRock facility. The companies share a common history, but Ingevity has operated as a stand-alone public company since May of 2016.
"While we anticipate some cost with the transition of shared services, we expect minimal disruption to our operations," said Ingevity president and CEO, John Fortson. "Our primary focus as WestRock exits their plant site is to ensure safe operations and continue to meet the needs of our customers."
WestRock's plant closure does not impact Ingevity's recently announced long-term supply agreement for crude tall oil (CTO) with WestRock.