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Rayonier Advanced Materials Announces Cellulose Specialties Price Increase

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Rayonier Advanced Materials Inc. (NYSE: RYAM) has announced an immediate price increase for its Cellulose Specialties products by up to 10 percent, depending on product grade and as contracts allow. The company attributes this price hike to market dynamics, cost inflation, and other economic drivers.

This strategic move by RYAM aims to address the current economic challenges and maintain profitability in its Cellulose Specialties segment. The price increase reflects the company's response to rising production costs and changing market conditions in the specialty cellulose industry.

Rayonier Advanced Materials Inc. (NYSE: RYAM) ha annunciato un immediato aumento dei prezzi per i suoi prodotti di specialità cellulosa fino a un 10 percento, a seconda del grado del prodotto e come consentito dai contratti. L'azienda attribuisce questo aumento dei prezzi a dynamiche di mercato, inflazione dei costi e altri fattori economici.

Questa mossa strategica da parte di RYAM mira ad affrontare le attuali sfide economiche e mantenere la redditività nel suo segmento di prodotti di specialità cellulosa. L'aumento dei prezzi riflette la risposta dell'azienda all'innalzamento dei costi di produzione e alle mutevoli condizioni di mercato nell'industria della cellulosa speciale.

Rayonier Advanced Materials Inc. (NYSE: RYAM) ha anunciado un aumento inmediato de precios para sus productos de especialidades de celulosa de hasta un 10 por ciento, dependiendo del grado del producto y conforme lo permitan los contratos. La compañía atribuye este aumento de precios a dynamics del mercado, inflación de costos y otros factores económicos.

Este movimiento estratégico por parte de RYAM tiene como objetivo abordar los actuales desafíos económicos y mantener la rentabilidad en su segmento de productos de especialidades de celulosa. El aumento de precios refleja la respuesta de la empresa al aumento de los costos de producción y a las condiciones de mercado cambiantes en la industria de la celulosa especial.

Rayonier Advanced Materials Inc. (NYSE: RYAM)셀룰로스 스페셜티 제품의 가격을 즉시 최대 10퍼센트 인상한다고 발표했습니다. 이는 제품 등급에 따라 다르며 계약이 허용하는 범위 내에서 적용됩니다. 이 회사는 이번 가격 인상을 시장 역학, 비용 인플레이션 및 기타 경제적 요인 때문이라고 설명합니다.

RYAM의 이번 전략적 결정은 현재의 경제적 도전에 대응하고 셀룰로스 스페셜티 부문의 수익성을 유지하기 위한 것입니다. 가격 인상은 생산 비용 상승과 특수 셀룰로스 산업의 변화하는 시장 상황에 대한 회사의 반응을 반영합니다.

Rayonier Advanced Materials Inc. (NYSE: RYAM) a annoncé une augmentation immédiate des prix de ses produits de spécialités en cellulose allant jusqu'à 10 pourcent, selon le grade du produit et en fonction des contrats. L'entreprise attribue cette hausse des prix à dynamique du marché, inflation des coûts et autres moteurs économiques.

Ce mouvement stratégique de RYAM vise à répondre aux défis économiques actuels et à maintenir la rentabilité de son segment de produits en spécialités de cellulose. L'augmentation des prix reflète la réponse de l'entreprise à l'augmentation des coûts de production et aux conditions de marché changeantes dans l'industrie de la cellulose spécialisée.

Rayonier Advanced Materials Inc. (NYSE: RYAM) hat eine sofortige Preiserhöhung für seine Cellulose-Spezialprodukte von bis zu 10 Prozent angekündigt, abhängig von der Produktklasse und den Vertragsbedingungen. Das Unternehmen führt diese Preiserhöhung auf Marktdynamik, Kosteninflation und andere wirtschaftliche Faktoren zurück.

Dieser strategische Schritt von RYAM zielt darauf ab, den aktuellen wirtschaftlichen Herausforderungen zu begegnen und die Rentabilität im Bereich der Cellulose-Spezialprodukte aufrechtzuerhalten. Die Preiserhöhung spiegelt die Reaktion des Unternehmens auf steigende Produktionskosten und sich ändernde Marktbedingungen in der Spezialzellulosebranche wider.

Positive
  • Price increase of up to 10% for Cellulose Specialties products
  • Potential for increased revenue and improved profit margins
Negative
  • Possible loss of price-sensitive customers due to the price hike
  • Risk of reduced demand for Cellulose Specialties products

Rayonier Advanced Materials' decision to increase prices for its Cellulose Specialties products by up to 10% is a significant move that could potentially boost the company's revenue and profitability. This price hike, driven by market dynamics and cost inflation, reflects the company's ability to pass on increased costs to customers, which is important in maintaining profit margins.

However, it's important to note that the actual impact will depend on several factors:

  • Customer contracts and their flexibility
  • Competitive landscape and potential customer reactions
  • Elasticity of demand for cellulose specialties

While this move may improve short-term financial performance, investors should monitor potential long-term effects on market share and customer relationships. The price increase could also signal broader inflationary pressures in the industry, which may affect other players in the specialty materials sector.

The up to 10% price increase for Cellulose Specialties products signals strong market dynamics favoring producers. This move suggests:

  • Robust demand for cellulose specialties
  • supply or capacity constraints in the industry
  • Rayonier's confidence in its market position

However, it's important to consider potential ripple effects. Customers might seek alternative suppliers or materials, potentially impacting long-term demand. Additionally, this price hike could attract new entrants to the market or encourage existing competitors to expand capacity, potentially affecting Rayonier's market share in the future. Investors should closely monitor industry-wide reactions and any shifts in customer behavior following this announcement.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Advanced Materials Inc. (NYSE: RYAM, the "Company") announced today that, effective immediately, it will increase prices for its Cellulose Specialties products by up to 10 percent, depending on product grade, as contracts allow. This increase is driven by market dynamics, cost inflation, and other economic drivers.

About RYAM

RYAM is a global leader of cellulose-based technologies, including high purity cellulose specialties, a natural polymer commonly used in the production of filters, food, pharmaceuticals, and other industrial applications. The Company also manufactures products for paper and packaging markets. With manufacturing operations in the U.S., Canada, and France, RYAM generated an estimated $1.6 billion of revenue in 2023. More information is available at www.RYAM.com.

Media

Ryan Houck

904-357-9134

Investors

Mickey Walsh

904-357-9162

Source: Rayonier Advanced Materials Inc.

FAQ

What is the maximum price increase for Rayonier Advanced Materials' Cellulose Specialties products?

Rayonier Advanced Materials (NYSE: RYAM) announced a price increase of up to 10 percent for its Cellulose Specialties products, depending on the product grade.

When does the price increase for RYAM's Cellulose Specialties products take effect?

The price increase for Rayonier Advanced Materials' Cellulose Specialties products takes effect immediately, as announced in their press release.

What factors led to Rayonier Advanced Materials' decision to increase Cellulose Specialties prices?

Rayonier Advanced Materials cited market dynamics, cost inflation, and other economic drivers as the reasons behind their decision to increase prices for Cellulose Specialties products.

How will the Cellulose Specialties price increase be applied to existing RYAM contracts?

The press release states that the price increase for Rayonier Advanced Materials' Cellulose Specialties products will be applied 'as contracts allow,' suggesting that existing contracts may have different terms for price adjustments.

Rayonier Advanced Materials Inc.

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