WestRock Company, a provider of paper and packaging solutions, recently announced it has entered into a definitive agreement to wholly divest its ownership interest in RTS Packaging, LLC, to joint venture partner Sonoco Products Company for $330 million. …In addition, the Company has signed a definitive agreement to sell its uncoated recycled paperboard mills in Eaton, Indiana, and Aurora, Illinois, to Ox Industries for $50 million. WestRock’s mill in Chattanooga, Tennessee, which supplies RTS with URB, is included in the RTS Packaging transaction. The transaction is expected to close in the first half of 2023. The Eaton and Aurora mills produce URB are optimized assets for Ox Industries. The transaction is expected to close in late 2022 or early 2023.