Welcome to our dedicated page for Rayonier Advanced Matls news (Ticker: RYAM), a resource for investors and traders seeking the latest updates and insights on Rayonier Advanced Matls stock.
Rayonier Advanced Materials Inc. (NYSE: RYAM) generates a steady flow of news related to its role in cellulose-based technologies, biomaterials, paperboard and pulp. This page aggregates company press releases and third-party coverage so readers can follow how RYAM’s operations, strategy and leadership evolve over time.
RYAM’s news often highlights developments in its Cellulose Specialties, Biomaterials, Cellulose Commodities, Paperboard and High-Yield Pulp businesses. Recent communications have discussed segment reorganization, quarterly financial results, tariff impacts, operational performance at facilities such as Temiscaming and Tartas, and the company’s perspective on demand trends for high-purity cellulose, paperboard and high-yield pulp products.
Investors and industry observers will find updates on earnings releases and financial guidance, including commentary on net sales, operating income or loss by segment, non-cash charges and cash flow dynamics. RYAM also issues news about leadership and governance changes, such as the planned retirement of its former President and Chief Executive Officer, the appointment of Scott Sutton as Chief Executive Officer and President and changes in accounting leadership reported in Form 8-K filings.
Another recurring theme in RYAM’s news is its activity in trade and regulatory matters. The company has announced the filing of antidumping and countervailing duty petitions concerning imports of high-purity dissolving pulp from Brazil and Norway, outlining its position on unfairly traded imports and the potential impact on U.S. producers and workers.
Product and market-focused announcements also appear in RYAM’s news flow. For example, the company has described enhancements to its Kallima folding carton board portfolio, including an enhanced freezer application developed at its Temiscaming facility for frozen food packaging. These items give insight into how RYAM positions its paperboard products within the packaging market.
By reviewing the RYAM news feed, readers can track how management communicates its long-term strategic direction, including emphasis on Cellulose Specialties and Biomaterials, responses to tariffs and market conditions, and updates on operational execution. Bookmarking this page allows for efficient access to new releases and historical context on the company’s public disclosures.
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.
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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.
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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.
Rayonier Advanced Materials (RYAM) announced the cancellation of a force majeure by Southern Natural Gas Company affecting its Jesup, Georgia facility. This event had caused an estimated $4 million EBITDA impact. The company is reserving its rights to contest the financial penalties incurred due to the supply disruption.
RYAM is a leader in cellulose-based technologies with operations in the U.S., Canada, and France, generating $1.4 billion in revenue in 2021.
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced a force majeure event affecting its Jesup, Georgia facility due to an unscheduled outage by Southern Natural Gas Company. This incident, starting December 24, 2022, may result in financial penalties and reduce daily EBITDA by approximately