RYAM's Jesup Facility Resumes Full Production Ahead of Schedule
Rayonier Advanced Materials (NYSE: RYAM) announced that its Jesup, Georgia facility has fully resumed operations ahead of schedule following an October 11 fire incident. The facility has returned to full production capacity with all lines producing on-grade material. The company is currently evaluating the financial impact of the incident and potential insurance recoveries, with further updates expected during the third-quarter earnings call on November 6.
Rayonier Advanced Materials (NYSE: RYAM) ha annunciato che il suo stabilimento di Jesup, in Georgia, ha ripreso completamente le operazioni prima del previsto dopo un incendio che si è verificato l'11 ottobre. Lo stabilimento è tornato alla piena capacità produttiva con tutte le linee che producono materiali conformi agli standard. Attualmente, l'azienda sta valutando l'impatto finanziario dell'incidente e i possibili recuperi assicurativi, con ulteriori aggiornamenti previsti durante la conferenza sugli utili del terzo trimestre del 6 novembre.
Rayonier Advanced Materials (NYSE: RYAM) anunció que su planta en Jesup, Georgia, ha reanudado completamente sus operaciones antes de lo programado tras un incendio el 11 de octubre. La planta ha vuelto a su plena capacidad de producción, con todas las líneas produciendo material conforme a las especificaciones. La empresa está evaluando actualmente el impacto financiero del incidente y los posibles recuperos de seguros, con más actualizaciones esperadas durante la llamada de resultados del tercer trimestre el 6 de noviembre.
레이오니어 어드밴스드 머티리얼즈 (NYSE: RYAM)는 조지아 주 제섭에 있는 시설이 10월 11일 화재 사건 이후 예정보다 빠르게 모든 운영을 재개했다고 발표했습니다. 이 시설은 모든 생산 라인이 규격에 맞는 재료를 생산하며 완전한 생산 용량으로 돌아왔습니다. 회사는 현재 사건의 재무적 영향을 평가하고 있으며, 잠재적인 보험 복구도 검토하고 있으며, 11월 6일 3분기 수익 전화 회의 중 추가 업데이트가 예상됩니다.
Rayonier Advanced Materials (NYSE: RYAM) a annoncé que son installation à Jesup, en Géorgie, a repris pleinement ses opérations plus tôt que prévu à la suite d'un incendie survenu le 11 octobre. L'installation a retrouvé sa pleine capacité de production, toutes les lignes produisant des matériaux conformes aux normes. L'entreprise évalue actuellement l'impact financier de l'incident et les potentiels recours d'assurance, avec d'autres mises à jour attendues lors de l'appel de résultats du troisième trimestre le 6 novembre.
Rayonier Advanced Materials (NYSE: RYAM) gab bekannt, dass seine Anlage in Jesup, Georgia, die Betriebsabläufe vorzeitig vollständig wieder aufgenommen hat, nach einem Brandvorfall am 11. Oktober. Die Anlage hat die volle Produktionskapazität erreicht, wobei alle Produktionslinien Materialien nach Vorgabe herstellen. Das Unternehmen bewertet derzeit die finanziellen Auswirkungen des Vorfalls sowie mögliche Versicherungsansprüche, und weitere Aktualisierungen werden während der Gewinnkonferenz für das dritte Quartal am 6. November erwartet.
- Facility resumed full production ahead of schedule
- All production lines operating at full capacity
- Producing on-grade material across all lines
- Financial impact from fire incident still being assessed
- Potential insurance claims pending evaluation
Insights
The rapid recovery of RYAM's Jesup facility demonstrates strong operational resilience and effective crisis management. Full production restoration ahead of schedule is particularly significant as Jesup is a key facility for High Purity Cellulose production. The swift return to full capacity minimizes potential revenue losses and maintains customer relationships, though the true financial impact remains to be quantified.
The incident's timing near the end of Q3 suggests potential impact on both Q3 and Q4 results. The mention of insurance recoveries could help offset some losses, but the extent of coverage and deductibles will be important factors. The market should closely monitor the upcoming earnings call for detailed impact assessment and any potential changes to guidance.
"We are pleased to report that our
The Company continues to assess the financial impact of the incident, including potential insurance recoveries, and will provide further updates during its third-quarter earnings call on November 6.
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. RYAM’s specialized assets, capable of creating the world’s leading high purity cellulose products, are also used to produce biofuels, bioelectricity and other biomaterials such as bioethanol and tall oils. The Company also manufactures products for paper and packaging markets. With manufacturing operations in the
Forward-Looking Statements
Certain statements in this document regarding anticipated financial, business, legal, or other outcomes, including business and market conditions, outlook, and other similar statements relating to Rayonier Advanced Materials’ or future or expected events, developments, or financial or operational performance or results, are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are identified by the use of words such as "may," "will," "should," "expect," "estimate," "believe," "intend," "anticipate," and other similar language. However, the absence of these or similar words or expressions does not mean that a statement is not forward-looking. While we believe these forward-looking statements are reasonable when made, forward-looking statements are not guarantees of future performance or events, and undue reliance should not be placed on these statements. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that these expectations will be attained. It is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties.
Other important factors that could cause actual results or events to differ materially from those expressed in forward-looking statements that may have been made in this document are described or will be described in our filings with the
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Media
Ryan Houck
904-357-9134
Investors
Mickey Walsh
904-357-9162
Source: Rayonier Advanced Materials Inc.
FAQ
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