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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.
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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 Inc. (NYSE:RYAM) has appointed Michael Osborne as Vice President of Manufacturing effective April 10, 2023, succeeding Bill Manzer, who will retire in March 2024. Osborne brings over 30 years of manufacturing experience, previously serving as Vice President of Global Manufacturing at Kraton Pine Chemicals. His academic qualifications include a BS in Chemistry, an MS in Chemical Engineering, and an MBA. Manzer, with RYAM for over twelve years, will assist in the transition while completing ongoing projects. RYAM aims to advance its Biofuture initiative focused on sustainable product development. The company reported revenues of approximately $1.7 billion in 2022 and operates manufacturing facilities in the U.S., Canada, and France.
Rayonier Advanced Materials (NYSE:RYAM) announced that President and CEO Lyle W. Bloomquist will present at the Gabelli Funds 14th Annual Specialty Chemicals Symposium on Thursday, March 16, 2023, at 1:00 PM ET. RYAM is a leader in cellulose-based technologies, focusing on high purity cellulose specialties used in various industries including food and pharmaceuticals. The company operates in the U.S., Canada, and France, employs over 2,500 individuals, and generated approximately $1.7 billion in revenue in 2022. For further details, visit www.RYAM.com.
Rayonier Advanced Materials (NYSE:RYAM) announces that Chief Financial Officer Marcus J. Moeltner will present at the 2023 J.P. Morgan Global High Yield & Leveraged Finance Conference on March 6, 2023. This event will also include meetings with investors. RYAM is a leader in cellulose-based technologies, catering to sectors like pharmaceuticals, food, and industrial applications. In 2022, the company generated approximately $1.7 billion in revenue and employs over 2,500 people across manufacturing sites in the U.S., Canada, and France. More information can be found on their website.
Rayonier Advanced Materials (RYAM) reported a strong fourth quarter 2022 with net sales of $500 million, a 34% increase year-over-year. Income from continuing operations reached $4 million, up 114%, while adjusted EBITDA improved 104% to $55 million. For the full year, RYAM showed a 46% reduction in losses, with adjusted EBITDA of $177 million, up 39%. The company forecasts 2023 adjusted EBITDA between $200 million and $215 million, expecting $30 million to $60 million in adjusted free cash flow. RYAM aims to decrease net debt to trailing adjusted EBITDA to 3.5 times by 2023, down from 4.0 times in 2022.
Rayonier Advanced Materials (RYAM) will release its fourth quarter 2022 earnings on February 27, 2023, after market close. A conference call is scheduled for February 28, 2023, at 9:00 a.m. EDT, to discuss the results. Investors can access the call by dialing 877-407-8293 in the U.S., or 201-689-8349 internationally. A replay will be available post-call until March 14, 2023. RYAM, a leader in cellulose-based technologies, generated an estimated $1.7 billion in revenue in 2022 and operates across the U.S., Canada, and France.
Rayonier Advanced Materials Inc. (NYSE: RYAM) announced that its subsidiary, Rayonier A.M. Products Inc., will not proceed with a private offering of $325 million senior secured notes due 2028 due to unattractive terms. Consequently, RYAM will not redeem its senior unsecured notes due 2024 at this time. The company plans to monitor capital markets for refinancing opportunities for its 5.5% unsecured senior notes maturing in June 2024 and is confident in obtaining favorable terms. RYAM is a leader in cellulose-based technologies with $1.7 billion in estimated revenue for 2022.
Rayonier Advanced Materials Inc. (NYSE: RYAM) has initiated a private offering of
Rayonier Advanced Materials (RYAM) announced its preliminary, unaudited fourth quarter and full year results for 2022. For Q4, estimated revenue is between $488 million and $508 million, while the income from continuing operations ranges from $(1) million to $3 million. The adjusted EBITDA is expected to be $52 million to $56 million. For the full year, RYAM anticipates revenues of $1.705 billion to $1.725 billion, with a loss from continuing operations of $(28) million to $(32) million. Total debt is reported at $853 million, with adjusted net debt standing at $707 million.
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