Rayonier Advanced Materials (NYSE: RYAM) ends Altamaha Green Energy project role
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Rayonier Advanced Materials Inc. filed a current report announcing that, after a comprehensive review, it has decided not to move forward with its participation in the Altamaha Green Energy project. The company explains that it will keep reviewing its portfolio of potential projects using a disciplined capital allocation framework, suggesting continued focus on selecting investments it believes best fit its financial and strategic priorities.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
COMMISSION FILE NUMBER 001-36285
Incorporated in the State of Delaware
I.R.S. Employer Identification Number 46-4559529
(Principal Executive Office)
Telephone Number: (904 ) 357-4600
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Exchange on which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Item 7.01 Regulation FD Disclosure
Following a comprehensive review, Rayonier Advanced Materials Inc. (“the Company”) has decided not to advance its participation in the Altamaha Green Energy project. The Company will continue to evaluate its portfolio of potential projects using a disciplined capital allocation framework.
1
Signature
Pursuant to the requirements of the Securities Exchange Act of l934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Rayonier Advanced Materials Inc. | |||||
| By: | /s/ Richard Colby Slaughter | ||||
| Richard Colby Slaughter | |||||
| Senior Vice President, General Counsel and Corporate Secretary | |||||
January 26, 2026
2
FAQ
What did Rayonier Advanced Materials (RYAM) announce in this 8-K?
Rayonier Advanced Materials Inc. disclosed that, after a comprehensive review, it has decided not to advance its participation in the Altamaha Green Energy project and will continue to evaluate other potential projects using a disciplined capital allocation framework.
Why is Rayonier Advanced Materials exiting the Altamaha Green Energy project?
The company states that the decision not to advance its participation in the Altamaha Green Energy project follows a comprehensive review, indicating it reassessed the project within its broader capital allocation priorities.
Does Rayonier Advanced Materials mention future investment plans in this filing?
Yes. The company notes it will continue to evaluate its portfolio of potential projects using a disciplined capital allocation framework, implying ongoing review of where to deploy capital.
Is the Altamaha Green Energy project cancellation described as a financial event for Rayonier Advanced Materials?
The disclosure focuses on the strategic decision not to advance participation in the Altamaha Green Energy project; it does not provide financial figures in the excerpt but frames the move within disciplined capital allocation.
Who signed the Rayonier Advanced Materials 8-K about the Altamaha Green Energy project?
The report was signed on behalf of Rayonier Advanced Materials Inc. by Richard Colby Slaughter, Senior Vice President, General Counsel and Corporate Secretary.
Rayonier Advanced Matls Inc