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Rayonier Advanced Materials Inc. (RYAM) is a global leader in high-purity cellulose specialties and engineered natural polymers for industrial and consumer applications. This page provides investors and industry professionals with a comprehensive repository of official company announcements, financial updates, and operational developments.
Access real-time updates on earnings reports, strategic partnerships, product innovations, and sustainability initiatives. Our curated collection ensures you stay informed about RYAM's advancements in cellulose technology, market expansions, and operational milestones without needing to search multiple sources.
Key updates include quarterly financial results, manufacturing process improvements, supply chain developments, and leadership announcements. All content is sourced directly from verified company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to RYAM's evolving story in specialty chemicals and material science. Check back regularly to monitor how the company's innovations in natural polymer engineering continue shaping industries from pharmaceuticals to industrial manufacturing.
Rayonier Advanced Materials (RYAM) announced plans for two significant management proposals to be voted on at the upcoming Annual Stockholder Meeting in May 2022. The first proposal seeks stockholder approval to declassify the Board of Directors for annual elections. The second aims to eliminate supermajority voting requirements for certain charter amendments, allowing a simple majority vote instead. If approved, these changes could enhance governance and shareholder influence at RYAM, which generates approximately $1.3 billion in revenue.
Rayonier Advanced Materials (RYAM) has partnered with the Georgia Center of Innovation and the University of Georgia to develop a sustainable method for producing prebiotics aimed at enhancing poultry gut health. This initiative, known as the Prebiotics for Poultry Project, utilizes coproducts from cellulose manufacturing to support Georgia's poultry and forestry industries. Initial studies indicate improved gut health in poultry fed with RYAM's prebiotics, aligning with the growing trend towards antibiotic-free poultry production.
Rayonier Advanced Materials (NYSE:RYAM) announced the completion of the sale of its lumber and newsprint assets for approximately $232 million, netting an estimated gain of $6 million. The company retired $127 million in senior unsecured debt and anticipates significant price increases on cellulose specialties contracts in 2022. Despite a net loss of $5 million for the quarter, adjusted EBITDA improved by $3 million to $35 million. The company aims to enhance EBITDA margins by focusing on cost reduction and strategic investments.
Rayonier Advanced Materials (NYSE:RYAM) will release its third quarter 2021 earnings on November 2, 2021, post market close. A conference call is scheduled for November 3, 2021, at 10:00 a.m. ET to discuss the results. The call will be accessible via phone and a live webcast on the company's website. Rayonier Advanced Materials specializes in cellulose-based technologies and reported approximately $1.3 billion in revenues with operations across the U.S., Canada, and France.
Rayonier Advanced Materials (NYSE: RYAM) announced a price increase of 15-30% on all Cellulose Specialties products, effective immediately. This decision aims to counteract rising costs across their supply chain, particularly in fiber, chemicals, energy, and freight. CEO Paul Boynton highlighted that significant inflation is impacting operations and is expected to persist into 2022. The company is also pursuing ongoing cost-efficiency initiatives at its facilities to enhance performance and offset these challenges.
Rayonier Advanced Materials Inc. (NYSE: RYAM) announced plans to redeem $25 million of its 7.625% Senior Secured Notes due 2026 at a price of 103.000%, plus interest. The company also repurchased approximately $126.5 million of its 5.50% Senior Notes due 2024, retiring them for about $123.5 million. These transactions contribute to over $150 million in deleveraging, highlighting the company’s focus on debt reduction.
Rayonier Advanced Materials (NYSE: RYAM) has finalized the sale of its lumber and newsprint assets to GreenFirst Forest Products for approximately US$235 million, with 85% paid in cash and 15% in shares, subject to a six-month holding period. The company will use the proceeds to reduce debt and invest in its High Purity Cellulose segment. RYAM retains rights related to $110 million in softwood lumber duties. Post-transaction, RYAM owns 28,684,433 GreenFirst shares, constituting 16.2% of the company.
Rayonier Advanced Materials (RYAM) achieved a net income of $122 million ($1.89/share) for Q2 2021, a turnaround from a $13 million loss in the prior year. Higher sales prices in High Purity Cellulose and a strong performance in discontinued operations contributed to this improvement. The company expects significant free cash flow due to strong lumber prices and the pending sale of its lumber and newsprint assets for $214 million. Overall, second quarter results show improved cash flows and operational performance, setting the stage for strategic capital allocation.
Rayonier Advanced Materials (NYSE:RYAM) will release its second quarter 2021 earnings on August 3, 2021, after market close. A conference call is scheduled for August 4, 2021, at 10:00 a.m. ET to discuss earnings. Investors can join the call via phone or online, with a replay available until August 18, 2021.
Rayonier specializes in cellulose-based technologies and generated approximately $1.7 billion in revenue, employing over 4,000 people across operations in the U.S., Canada, and France.
