Rayonier Advanced Materials Inc (N:RYAM)

Apr 16, 2024 04:15 pm ET
RYAM's Tartas Plant Successfully Ships Inaugural Truckload of 2G Bioethanol
Rayonier Advanced Materials Inc. (NYSE:RYAM) is pleased to announce the successful shipment of our first production of 2G bioethanol from our Tartas plant, following two years of rigorous research, development, construction, and planning.
Mar 12, 2024 10:30 am ET
Sidoti Events, LLC's Virtual March Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Mar 06, 2024 08:00 am ET
Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024
Gabelli Funds is hosting its 15th Annual Specialty Chemicals Symposium now taking place at The University Club in New York, NY on Thursday, March 14, 2024.  The symposium will draw a variety of companies, with a focus on pricing power, margin...
Mar 01, 2024 08:30 am ET
RYAM Announces Participation in Four Equity Conferences
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that members of its senior management team will be participating in four upcoming equity conferences during the month of March.
Feb 27, 2024 04:38 pm ET
RYAM and VERSO ENERGY Execute Memorandum of Understanding to Explore eSAF
Rayonier Advanced Materials Inc. (NYSE:RYAM) and VERSO ENERGY have entered into a Memorandum of Understanding (MoU) to explore e-fuels and specifically e-SAF or Sustainable Aviation Fuel from renewable resources. As part of the MoU, the companies will explore the feasibility of using the Biogenic Carbon Dioxide (Biogenic CO2) produced at RYAM’s Tartas France plant along with Green Hydrogen to produce eSAF, a vital product needed to help reduce the world’s rising greenhouse gases through Carbon Capture Utilization. The companies expect to qualify for grants from the French government to help fu
Feb 27, 2024 04:35 pm ET
RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for the fourth quarter and full year 2023.
Feb 13, 2024 04:30 pm ET
RYAM Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its fourth quarter 2023 earnings on Tuesday, February 27, 2024, after the market closes.
Jan 02, 2024 04:30 pm ET
RYAM Announces Amendment to Term Loan Credit Agreement
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has reached an agreement with lenders under its Term Loan Credit Agreement to obtain financial covenant relief for the period beginning with the fourth quarter of the Company’s 2023 fiscal year through the end of its 2024 fiscal year.
Dec 05, 2023 10:25 am ET
Sidoti Events, LLC's Virtual December Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 6-7, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Nov 30, 2023 04:39 pm ET
RYAM President and CEO to Present at Sidoti Virtual Investor Conference
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that President and Chief Executive Officer, De Lyle Bloomquist, is slated to speak at the Sidoti December Virtual Investor Conference, scheduled for December 7, 2023.
Nov 07, 2023 04:51 pm ET
RYAM Announces Third Quarter 2023 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $25 million, or $(0.39) per diluted share, for the quarter ended September 30, 2023, compared to net income of $30 million, or $0.45 per diluted share, for the prior year quarter. Loss from continuing operations for the quarter ended September 30, 2023 was $27 million, or $(0.41) per diluted share, compared to income from continuing operations of $18 million, or $0.28 per diluted share, for the prior year quarter.
Oct 25, 2023 04:30 pm ET
RYAM Schedules Third Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its third quarter 2023 earnings on Tuesday, November 7, 2023, after the market closes.
Oct 13, 2023 04:30 pm ET
RYAM Engages Houlihan Lokey to Explore Sale of Paperboard and High-Yield Pulp Assets
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has engaged Houlihan Lokey as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site.
Oct 10, 2023 04:38 pm ET
RYAM Outlines Vision and Financial Growth Strategy at 2023 Investor Day
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, outlined its financial growth strategy during the 2023 Investor Day event earlier today.
Oct 06, 2023 04:30 pm ET
RYAM to Temporarily Idle Production at its Paperboard and High-Yield Pulp Operations
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) is announcing that in order to optimize inventory levels and address lower-than-anticipated demand, its Témiscaming Paperboard operation and one of its High-Yield Pulp lines will be idled for 3 weeks, beginning on October 7, 2023. Customer orders will not be affected.
Oct 02, 2023 04:30 pm ET
RYAM Elects Bryan D. Yokley to the Board of Directors
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that Bryan D. Yokley has been elected to its Board of Directors, effective October 1, 2023.
Sep 28, 2023 10:54 am ET
RYAM to Host Investor Day at the New York Stock Exchange on October 10, 2023
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) is excited to announce its upcoming Investor Day event scheduled for October 10, 2023. This event provides investors, analysts, and the financial community with a unique opportunity to gain insights into RYAM's strategic direction, business initiatives, and financial outlook.
Aug 08, 2023 04:37 pm ET
RYAM Announces Second Quarter 2023 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $17 million, or $(0.26) per diluted share, for the quarter ended July 1, 2023, compared to a net loss of $23 million, or $(0.36) per diluted share, for the prior year quarter. Loss from continuing operations for the quarter ended July 1, 2023 was $16 million, or $(0.24) per diluted share, compared to a loss from continuing operations of $25 million, or $(0.39) per diluted share, for the prior year quarter.
Jul 25, 2023 04:30 pm ET
RYAM Schedules Second Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its second quarter 2023 earnings on Tuesday, August 8, 2023, after the market closes.
Jul 20, 2023 04:15 pm ET
RYAM Raises $250 Million of Debt to Refinance its 2024 Notes, Improving Financial Position to Support Future Growth Opportunities
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM”), a global leader in the production of high-purity cellulose specialties and other sustainable materials, is pleased to announce that it has obtained $250 million in aggregate principal amount of secured term loan financing (the “Term Loan”) from funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The proceeds from the Term Loan, along with approximately $85 million in balance sheet cash, will be used to redeem the remaining $318 million in aggregate principal amount of RYAM’s existing 2024 senior unsecured notes and to pay fees
Jun 15, 2023 08:30 am ET
RYAM Announces the Official Groundbreaking at their 2G Bioethanol Plant in Tartas, France
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high-purity cellulose specialty products, hosted a groundbreaking ceremony at its new second-generation Bioethanol plant located in Tartas, Les Landes France, on Thursday, June 15, 2023. The plant’s construction commenced in January 2023. This event was attended by prominent individuals and RYAM’s executive leadership team members, including President and CEO, De Lyle Bloomquist.
Jun 05, 2023 04:30 pm ET
RYAM President and CEO to Present at the Stifel 2023 Cross Sector Insight Conference
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that De Lyle Bloomquist, President and Chief Executive Officer will be presenting at the Stifel 2023 Cross Sector Insight Conference on Wednesday, June 7, 2023, and hosting meetings with investors. Marcus Moeltner, the Company’s Chief Financial Officer and Senior Vice President Finance is unable to attend as previously announced.
May 24, 2023 04:30 pm ET
RYAM CFO, SVP Finance to Present at the Stifel 2023 Cross Sector Insight Conference
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, Senior Vice President Finance, will be presenting at the Stifel 2023 Cross Sector Insight Conference on Wednesday, June 7, 2023, and hosting meetings with investors.
May 09, 2023 04:30 pm ET
RYAM Announces First Quarter 2023 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $2 million, or $0.02 per diluted share, for the quarter ended April 1, 2023, compared to a net loss of $25 million, or $(0.39) per diluted share, for the prior year quarter. Income from continuing operations for the quarter ended April 1, 2023 was $2 million, or $0.02 per diluted share, compared to a loss from continuing operations of $24 million, or $(0.38) per diluted share, for the prior year quarter.
Apr 25, 2023 04:30 pm ET
RYAM Schedules First Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its first quarter 2023 earnings on Tuesday, May 9, 2023, after the market closes.
Apr 10, 2023 09:00 am ET
RYAM Announces the Hiring of Michael Osborne as VP, Manufacturing; Bill Manzer to Retire and Support Transition
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company” or “RYAM”) is pleased to announce that Michael Osborne joined the company on April 10, 2023, as Vice President, Manufacturing replacing Bill Manzer, who has announced his plans to retire. Michael is a thirty-plus-year manufacturing veteran, most recently holding the position of Vice President, Global Manufacturing for Kraton Pine Chemicals.
Mar 13, 2023 04:17 pm ET
RYAM President & CEO to present at Gabelli Funds 14th Annual Specialty Chemicals Symposium
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today De Lyle W. Bloomquist, President and CEO, will be presenting at the Gabelli Funds 14th Annual Specialty Chemicals Symposium on Thursday, March 16, 2023, at 1:00 PM ET.
Mar 01, 2023 10:04 am ET
RYAM CFO, SVP Finance to Present at J. P. Morgan Global High Yield & Leveraged Finance Conference
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, Senior Vice President Finance, will be presenting at the 2023 J.P. Morgan Global High Yield & Leveraged Finance Conference on Monday, March 6, 2023, and hosting meetings with investors.
Feb 27, 2023 06:20 pm ET
CORRECTING and REPLACING RYAM Announces Solid Fourth Quarter and Full Year 2022 Results in Line with Guidance And Improving Outlook for 2023
In the "Conference Call Information" section, the website should be www.RYAM.com (instead of www.RYAMglobal.com
Feb 27, 2023 05:20 pm ET
RYAM Announces Solid Fourth Quarter and Full Year 2022 Results in Line with Guidance And Improving Outlook for 2023
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $4 million, or $0.05 per diluted share, for the quarter ended December 31, 2022, compared to a net loss of $24 million, or $(0.38) per diluted share, for the same prior year quarter. Income from continuing operations for the quarter ended December 31, 2022, was $4 million, or $0.05 per diluted share, compared to a loss from continuing operations of $28 million, or $(0.45) per diluted share, for the same prior year quarter. The Company sold its lumber and newsprint assets in the third quarter of 2021 and present
Feb 21, 2023 04:15 pm ET
RYAM Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its fourth quarter 2022 earnings on Monday, February 27, 2023, after the market closes.
Feb 01, 2023 04:15 pm ET
Rayonier Advanced Materials Publishes 2022 ESG Progress Update
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) today announced the release of its 2022 Environmental, Social and Governance (ESG) Progress Update (the “Update”), as a supplement to the Company’s comprehensive 2021 ESG Report. The Update details RYAM’s progress against its disclosed greenhouse gas reduction targets and provides enhanced SASB-aligned disclosures around energy consumption, water usage, waste management and other key industry metrics. Additionally, the Update highlight’s RYAM’s progress with respect to various Diversity and Inclusion initiatives along with its other
Jan 20, 2023 08:00 am ET
RYAM Decides Not to Pursue at This Time Its Opportunistic Private Offering of $325 Million of Senior Secured Notes
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM” or “the Company”) today announced that its wholly owned subsidiary, Rayonier A.M. Products Inc., has decided not to pursue at this time its opportunistic private offering of $325 million aggregate principal amount of senior secured notes due 2028 (the “Notes”) as current terms and conditions were not sufficiently attractive for the Company. As a result, the Company does not intend to redeem its senior unsecured notes due 2024 (the “2024 Notes”) at this time.
Jan 17, 2023 08:37 am ET
RYAM Announces Private Offering of $325 Million of Senior Secured Notes
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM”) today announced that its wholly owned subsidiary, Rayonier A.M. Products Inc. (the “Company”), has commenced a private offering (the “Offering”) of $325 million aggregate principal amount of senior secured notes due 2028 (the “Notes”), subject to market and other conditions. If the Offering is consummated, the Company intends to use the net proceeds from the sale of the Notes, together with cash on hand, to redeem in full its senior unsecured notes due 2024 (the “2024 Notes”).
Jan 17, 2023 08:25 am ET
RYAM Announces Preliminary Fourth Quarter and Full Year Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company” or “RYAM”) today announced preliminary, unaudited fourth quarter and full year results.
Dec 29, 2022 07:00 am ET
Southern Natural Gas Company Cancels its Force Majeure Declaration Previously Impacting RYAM’s Jesup Facility Natural Gas Supply
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced today that the force majeure declared by its natural gas provider, Southern Natural Gas Company, L.L.C., due to an unscheduled outage of the Elba Express Pipeline’s Hartwell Compressor Station (the “SNG Force Majeure Event”, or “Event”) has been cancelled. The Event impacted natural gas supply to the Company’s facility in Jesup, Georgia, and has resulted in an estimated $4 million EBITDA impact to the Company. The Company continues to reserve all rights to more fully examine, and potentially contest, the validity of the fin
Dec 27, 2022 07:00 am ET
RYAM’s Jesup Facility Impacted by Natural Gas Supply Disruption
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced today that its facility at Jesup, Georgia has been impacted by a force majeure declared by its natural gas provider, Southern Natural Gas Company, L.L.C., due to an unscheduled outage of the Elba Express Pipeline’s Hartwell Compressor Station (the “SNG Force Majeure Event”, or “Event”). Southern Natural Gas Company’s notice of this Event can be found at:
Nov 15, 2022 12:07 pm ET
RYAM CFO, SVP Finance to Present at Bank of America Leveraged Finance Conference
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, Senior Vice President Finance, will be presenting at the 2022 Bank of America Leveraged Finance Conference in Boca Raton, Florida, on Wednesday, November 30, 2022. Management will also be hosting meetings with investors on November 29 and 30, 2022.
Nov 01, 2022 04:40 pm ET
RYAM Announces Third Quarter 2022 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $30 million, or $0.45 per diluted share, for the quarter ended September 24, 2022, compared to a net loss of $5 million, or $(0.07) per diluted share, for the same prior year quarter. Income from continuing operations for the quarter ended September 24, 2022 was $18 million, or $0.28 per diluted share, compared to a loss from continuing operations of $13 million, or $(0.21) per diluted share, for the same prior year quarter. The Company sold its lumber and newsprint assets in the third quarter of 2021 and prese
Oct 21, 2022 08:30 am ET
RYAM Recognized as a Top Company Advancing Women in the Boardroom
Rayonier Advanced Materials Inc. (NYSE: RYAM or the “Company”), a global leader in the production of renewable, cellulose-based specialty materials, has been recognized by Women Executive Leadership (WEL) for accelerating gender diversity in the boardroom.
Oct 20, 2022 06:55 am ET
RYAM Elects Charles R. Eggert to the Board of Directors
Rayonier Advance Materials Inc. (NYSE:RYAM) (the “Company”) announced today that Charles (Chas) R. Eggert has been elected to its Board of Directors, effective October 19th, 2022.
Oct 19, 2022 04:47 pm ET
RYAM Schedules Third Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its third quarter 2022 earnings on Tuesday, November 1, 2022, after the market closes.
Sep 12, 2022 04:20 pm ET
RYAM CFO, SVP Finance, to Present at Deutsche Bank Leveraged Finance Conference
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, SVP Finance, will be presenting at Deutsche Bank's 30th Annual Leveraged Finance Conference in Scottsdale, Arizona, on September 20, 2022.
Aug 03, 2022 04:30 pm ET
RYAM Announces Second Quarter 2022 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $23 million or $(0.36) per diluted share for the quarter ended June 25, 2022, compared to net income of $122 million or $1.89 per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended June 25, 2022, was $25 million or $(0.39) per diluted share, compared to net income from continuing operations of $8 million or $0.13 per diluted share for the same prior year quarter. The Company sold its lumber and newsprint assets in the third quarter of 2021, and as a resu
Jul 20, 2022 04:30 pm ET
RYAM Schedules Second Quarter Earnings Release
Rayonier Advanced Materials (NYSE:RYAM) plans to release its second quarter 2022 earnings on Wednesday, August 3, 2022 after the market closes.
Jun 09, 2022 06:55 am ET
RYAM Updates 2022 Adjusted EBITDA Guidance and Reaffirms Commitment to Debt Reduction
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today announced updated Adjusted EBITDA guidance for full year 2022 of approximately $160 million subject to supply chain volatility and timing of sales recognition. Comparatively, the Company delivered $128 million of Adjusted EBITDA in 2021. This updated guidance comes as the planned maintenance outages at all four of the Company’s manufacturing facilities is expected to be completed by the end of June.
May 31, 2022 06:55 am ET
Rayonier Advanced Materials Appoints De Lyle W. Bloomquist as President and Chief Executive Officer
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today announced that De Lyle W. Bloomquist has been appointed President and Chief Executive Officer of the Company, effective immediately. Mr. Bloomquist succeeds Vito J. Consiglio, who has stepped down as President and Chief Executive Officer of the Company, and as a member of the Company’s Board of Directors (the “Board”), with the mutual agreement of the Board. In connection with Mr. Bloomquist’s appointment, the Board named Lisa M. Palumbo as Non-Executive Chair of the Board.
May 09, 2022 07:30 am ET
Chatham Asset Management Reaffirms Withhold Vote Against Two Directors at Rayonier Advanced Materials Upcoming Annual Meeting
Chatham Asset Management, LLC, a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today issued an open letter to RYAM shareholders reaffirming its intention to withhold its vote against two long-tenured members of the Company’s Board of Directors, Thomas I. Morgan and Lisa M. Palumbo, at the Company’s annual meeting of shareholders on May 16, 2022.
May 03, 2022 04:30 pm ET
Rayonier Advanced Materials Announces First Quarter 2022 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $25 million or $(0.39) per diluted share for the quarter ended March 26, 2022, compared to net loss of $27 million or $(0.43) per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended March 26, 2022 was $24 million or $(0.38) per diluted share, compared to net loss from continuing operations of $16 million or $(0.26) per diluted share for the same prior year quarter. The increase in the diluted loss per share was driven primarily by higher key input costs.
May 02, 2022 05:00 pm ET
Rayonier Advanced Materials Announces Sale of GreenFirst Forest Products Inc. Shares
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million. The agreement contains a Purchase Price Protection clause whereby the Company is entitled to participate in further stock price appreciation under certain circumstances and for a specified period.
Apr 19, 2022 04:30 pm ET
Rayonier Advanced Materials Schedules First Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2022 earnings on Tuesday, May 3, 2022 after the market closes.
Apr 13, 2022 05:32 pm ET
Rayonier Advanced Materials Comments on Letter from Chatham Asset Management
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today issued the following statement in response to Chatham Asset Management LLC’s (“Chatham”) open letter to stockholders:
Apr 13, 2022 08:00 am ET
Chatham Asset Management Issues Open Letter to Rayonier Advanced Materials Shareholders
Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today issued an open letter to RYAM shareholders stating Chatham’s intent to withhold its vote against two long-tenured members of the Company’s Board of Directors (the “Board”), Thomas I. Morgan and Lisa M. Palumbo, at the Company’s annual meeting of shareholders on May 16, 2022.
Mar 24, 2022 04:30 pm ET
Rayonier Advanced Materials’ Receives Nordic Swan Qualification for Sustainable Fluff Pulp Manufacturing Practices
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a pioneer in the production of fluff pulp, today announced that it qualifies as an “Inspected Raw Material” by Nordic Swan Ecolabelling. The Nordic Swan Ecolabel sets strict environmental requirements in all phases of manufacturing, including requirements for eco-friendly chemicals used in ecolabeled products. The status will appear on products made with RYAM’s fluff pulp and indicates to consumers and commercial buyers that the product is sustainably produced and environmentally friendly.
Mar 24, 2022 08:00 am ET
Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors Regarding Proposed Refinancing Transaction and Adoption of Stockholder Rights Plan
Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today sent a letter to RYAM’s Board of Directors (the “Board”) regarding its response to Chatham’s proposed refinancing transaction and the Board’s adoption of an entrenching stockholder rights plan.
Mar 21, 2022 08:40 am ET
Rayonier Advanced Materials Announces $146 (€133) per ton Cost Surcharge
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company "), a global leader of high purity cellulose, announced today a cost surcharge of USD 146 (EUR 133) per metric ton applicable to all shipments of its cellulose specialties and viscose-grade products.
Mar 21, 2022 08:38 am ET
Rayonier Advanced Materials Issues Statement Regarding Letter from Chatham Asset Management
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) issued the following statement today in response to the March 17, 2022 letter from Chatham Asset Management, LLC (“Chatham”) sent to the independent members of Company’s Board of Directors.
Mar 21, 2022 08:36 am ET
Rayonier Advanced Materials Adopts Short-Term Stockholder Rights Plan
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced today that its Board of Directors adopted a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one preferred share purchase right on each outstanding share of Company common stock. The Rights Plan is intended to enable all Company stockholders to realize the long-term value of their investment in the Company and is designed to protect all stockholder interests by reducing the likelihood that any person or group could gain control of the Company through rapid open-market purc
Mar 17, 2022 03:44 pm ET
Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors
Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today sent a letter to the independent members of RYAM’s Board of Directors (the “Board”) expressing its concerns that management is not taking action quickly enough to proactively address the Company’s upcoming debt maturities.
Feb 28, 2022 04:30 pm ET
Rayonier Advanced Materials Inc. Grants Vito J. Consiglio Inducement Awards Pursuant to NYSE RULE 303A.08
Rayonier Advanced Materials Inc. (NYSE: RYAM) announced today that it granted an award of Leveraged Performance Units (“LPUs”) with a target value of $1,500,000 to its recently appointed Chief Executive Officer Vito J. Consiglio, pursuant to its letter agreement with Mr. Consiglio, dated December 5, 2021.
Feb 23, 2022 04:30 pm ET
Rayonier Advanced Materials Announces Fourth Quarter and Full Year 2021 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $24 million or $0.38 per diluted share for the quarter ended December 31, 2021, compared to net income of $9 million or $0.14 per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended December 31, 2021 was $28 million or $0.45 per diluted share, compared to net loss from continuing operations of $29 million or $0.46 per diluted share for the same prior year quarter. The improvement in the diluted loss per share was driven primarily by higher High Purity Cel
Feb 16, 2022 04:15 pm ET
Rayonier Advanced Materials Publishes 2021 Environmental, Social and Governance Report
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) today announced the release of its 2021 Environmental, Social and Governance (ESG) Report. The report details the Company's accomplishments, progress and commitments with respect to its careful stewardship of tremendous assets and valuable resources. In the report, the Company communicates its goal of a 40 percent reduction in scope 1 and scope 2 greenhouse gas (GHG) emissions by 2030 versus a 2020 base year. The report’s disclosures are aligned to the TCFD, SASB and GRI frameworks.
Feb 09, 2022 12:33 pm ET
Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2021 earnings on Wednesday, February 23, 2022 after the market closes.
Jan 18, 2022 06:00 am ET
Rayonier Advanced Materials Announces Investment in Second Generation Bioethanol Plant, an Important Step in its BioFuture
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high purity cellulose pulp, today announced the introduction of a second generation (2G) bioethanol product for Europe’s fast-growing biofuels market. Produced using wood-based feedstock (not in competition with food), RYAM will be among the first in France to produce 2G bioethanol fuel from wood. With a ninety percent smaller carbon footprint compared to fossil fuel-based gasoline, RYAM’s bioethanol product will help petrochemical companies meet their need for clean and renewable energy in the E
Jan 13, 2022 06:00 am ET
Rayonier Advanced Materials Announces ISCC Plus Certification at Fernandina Beach Facility
Rayonier Advanced Materials, Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high purity cellulose pulp, today announced that it has achieved International Sustainability and Carbon Certification Plus (ISCC+) recognition at its Fernandina Beach facility. The certification will allow RYAM’s customers to procure ISCC+ certified High Purity Cellulose, addressing sustainability requirements in their end markets. This certification only applies to the Fernandina Beach facility initially across various end uses, but may be expanded to other facilities as customer demand for su
Dec 06, 2021 06:50 am ET
Rayonier Advanced Materials Announces Election of Vito J. Consiglio as President and CEO; Paul G. Boynton to Retire and Support Transition as Vice Chair
Rayonier Advanced Materials Inc. (NYSE: RYAM) today announced that its Board of Directors elected Vito J. Consiglio to succeed Paul G. Boynton as President and Chief Executive Officer and Board member effective January 1, 2022. Mr. Boynton, who has served as President and CEO since the Company’s spin-off in 2014, announced his decision to retire from the Company, and, as part of the leadership transition, he will assume the role of Vice Chair of the Board until the May 2022 Annual Meeting.
Nov 18, 2021 03:35 pm ET
Rayonier Advanced Materials Hires Joshua C. Hicks to Lead High Purity Cellulose Business
Rayonier Advanced Materials (NYSE:RYAM) announced today that Joshua C. Hicks is joining the company as Senior Vice President, High Purity Cellulose to lead the High Purity Cellulose business.
Nov 15, 2021 04:30 pm ET
Rayonier Advanced Materials Announces Proposed Declassification of Board of Directors and Elimination of Supermajority Voting Provisions
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced today that the Company plans to submit two important management proposals to the Company’s stockholders for a vote at its next Annual Stockholder Meeting in May of 2022. The first proposal would seek stockholder approval to amend the Company’s Certificate of Incorporation (the “Charter”) in order to declassify the Company’s Board of Directors and allow for the annual election of directors. The second proposal would seek stockholder approval to amend the Company’s Charter to eliminate supermajority voting requirements that c
Nov 08, 2021 09:00 am ET
Rayonier Advanced Materials and the State of Georgia Use Bioscience to Optimize the Value from a Tree
Rayonier Advanced Materials, Inc. (NYSE: RYAM) (the “Company”) and the Georgia Center of Innovation have partnered with scientists at the University of Georgia (UGA) to develop an innovative method to capture valued biomaterials from the process to manufacture cellulose and turn these coproducts into useful products. The new method supports sustainable poultry farming and provides a healthy alternative nutrient to enhance gut health. The breakthrough development will benefit two of Georgia’s largest industries, poultry and forestry.
Nov 02, 2021 05:09 pm ET
Rayonier Advanced Materials Announces Third Quarter 2021 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $5 million or a net loss of $0.07 per diluted share, compared to net income of $29 million or $0.45 per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended September 25, 2021 was $13 million or $0.21 per diluted share, compared to net income from continuing operations of $13 million or $0.20 per diluted share for the same prior year quarter. The decrease in the diluted earnings per share was primarily due to significant income tax benefits recorded in the
Oct 19, 2021 04:30 pm ET
Rayonier Advanced Materials Schedules Third Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2021 earnings on Tuesday, November 2, 2021, after the market closes.
Oct 04, 2021 05:02 pm ET
Rayonier Advanced Materials Announces Cellulose Specialties Price Increase
Rayonier Advanced Materials Inc. (NYSE: RYAM, the "Company") announced today that, effective immediately, it will increase prices for all its Cellulose Specialties products by a minimum 15 to 30 percent depending on product grade, as contracts allow. The purpose of this increase is to help the Company offset the accelerating impacts of cost inflation throughout its global supply chain.
Sep 22, 2021 04:30 pm ET
Rayonier Advanced Materials Announces More than $150 Million of Deleveraging
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) announced today that it has provided notice to the trustee under the indenture governing its 7.625% Senior Secured Notes due 2026 (the “Secured Notes”) that on October 7, 2021 it intends to redeem $25 million of the Secured Notes pursuant to the Special Asset Sale Redemption provisions in such indenture at a redemption price of 103.000% of the aggregate principal amount of Secured Notes redeemed, plus accrued and unpaid interest thereon to, but excluding the redemption date. In addition, the Company announced today that during its cu
Aug 30, 2021 07:30 am ET
Rayonier Advanced Materials Completes Sale of Lumber and Newsprint Assets
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that it has completed its previously announced sale of its lumber and newsprint assets (the “Purchased Assets”) to GreenFirst Forest Products Inc. (“GreenFirst”), a Canadian lumber company, for a total purchase price of approximately US$235 million, subject to final adjustments. The total purchase price is payable approximately 85 percent in cash and 15 percent of common shares in GreenFirst (the “Green First Shares”), which is subject to a six-month holding period. Notably, RYAM retained all the cash generated by th
Aug 03, 2021 04:53 pm ET
Rayonier Advanced Materials Announces Second Quarter 2021 Results
“As expected, second quarter operating results were significantly favorable to both the prior year and sequential quarter,” said Paul Boynton, President and Chief Executive Officer. “With strong cash flows generated by the record lumber prices in the second quarter, the pending sale of assets to GreenFirst Forest Products and the market recovery in commodity prices, the Company expects to capture significant Free Cash Flow for the year that will enable it to undertake prudent capital allocation initiatives, including debt paydown and investment in high-return projects in its core business.”
Jul 20, 2021 04:39 pm ET
Rayonier Advanced Materials Schedules Second Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2021 earnings on Tuesday, August 3, 2021, after the market closes.
May 27, 2021 10:55 am ET
Rayonier Advanced Materials to Participate in a Virtual Roundtable on Sustainability in the Construction Drymix Industry on June 1
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced that Paul Boynton, its President and Chief Executive Officer, will participate in a virtual roundtable on sustainability in the construction Drymix industry on June 1 starting at 8 am ET. Access to the event may be found at the following
May 04, 2021 04:36 pm ET
Rayonier Advanced Materials Announces First Quarter 2021 Results and Strategic Update
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported loss from continuing operations for the quarter ended March 27, 2021 of $27 million or $0.43 per diluted share, compared to a loss from continuing operations of $25 million or $0.39 per diluted share for the same prior year quarter. The decline in the diluted earnings per share was due to higher book income tax expense, partially offset by higher prices for lumber and commodity High Purity Cellulose product sales prices along with stronger cellulose specialties volumes.
May 04, 2021 10:30 am ET
Rayonier Advanced Materials Expands Cellulose Technology Platform through its Strategic Investment in Anomera
Rayonier Advanced Materials Inc. (NYSE: RYAM) announced today a strategic investment in Anomera Inc. Anomera produces the highest quality Cellulose Nanocrystals (CNC) in the world under the brand names DextraCel™, ChromaPur™ and ChromAllur™. Anomera’s products address a global market with greater than $8 billion of potential annual revenue. ChromaPur™ the Anomera patented microbead, can be used in a variety of areas, including the creation of a biodegradable micron sized powder replacing plastic and silica microbeads in personal care and cosmetics. Anomera’s DextraCel™ nanocrystals,
Apr 21, 2021 04:30 pm ET
Rayonier Advanced Materials Schedules First Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2021 earnings on Tuesday, May 4, 2021, after the market closes.
Feb 24, 2021 05:14 pm ET
Rayonier Advanced Materials Announces Fourth Quarter and Full Year Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported income from continuing operations for the quarter ended December 31, 2020 of $9 million or $0.14 per diluted share, compared to a loss from continuing operations of $57 million or $0.91 per diluted share for the same prior year quarter.
Feb 10, 2021 04:30 pm ET
Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2020 earnings on Wednesday, February 24, 2021, after the market closes.
Jan 13, 2021 07:00 am ET
Element Fleet Announces Appointment of Frank Ruperto as Chief Financial Officer
Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest pure-play automotive fleet manager in the world, announced that it has appointed Frank Ruperto as Chief Financial Officer. Mr. Ruperto will join Element as EVP...
Jan 12, 2021 04:30 pm ET
Rayonier Advanced Materials Announces Interim Management Changes in its High Purity Cellulose and Pulp Businesses
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced changes to the management structure in its High Purity Cellulose segment and Pulp business. Dr. Christoph Koenig will assume responsibility for all High Purity Cellulose sales, while Tomas Fernandez will assume responsibility for marketing and customer service, sustainability, high yield pulp and lignin sales, research and development, and other strategic growth initiatives.
Dec 23, 2020 04:30 pm ET
Rayonier Advanced Materials Announces Closing of $500 Million of Senior Secured Notes and ABL Credit Facility
Rayonier Advanced Materials (NYSE: RYAM) (“RYAM”) today announced that its wholly owned subsidiary, Rayonier A.M. Products Inc. (the “Company”), has closed its previously announced private offering (the “Offering”) of $500 million aggregate principal amount of 7.625% senior secured notes due 2026 (the “Notes”), at an offering price of 100% of the principal amount thereof. The Company also closed its previously announced five-year senior secured asset-based revolving credit facility with an initial committed amount of $200 million (the “ABL Credit Facility”). The Company used the net proceeds f
Dec 10, 2020 05:12 pm ET
Rayonier Advanced Materials Announces Pricing of Private Offering of $500 Million of Senior Secured Notes
Rayonier Advanced Materials (NYSE: RYAM) (“RYAM”) today announced that its wholly owned subsidiary, Rayonier A.M. Products Inc. (the “Company”), has priced a private offering (the “Offering”) of $500 million aggregate principal amount of 7.625% senior secured notes due 2026 (the “Notes”), at an offering price of 100% of the principal amount thereof. The Company intends to use the net proceeds from the sale of the Notes, together with cash on hand, to repay all outstanding obligations under its existing senior secured credit agreement (other than the outstanding letters of credit issued thereun
Dec 07, 2020 04:31 pm ET
Rayonier Advanced Materials Announces Private Offering of $500 Million of Senior Secured Notes
Rayonier Advanced Materials (Nasdaq: RYAM) (“RYAM”) today announced that its wholly owned subsidiary, Rayonier A.M. Products Inc. (the “Company”), has commenced a private offering (the “Offering”) of $500 million aggregate principal amount of senior secured notes due 2026 (the “Notes”), subject to market and other conditions. If the Offering is consummated, the Company intends to use the net proceeds from the sale of the Notes, together with cash on hand, to repay all outstanding obligations under its existing senior secured credit agreement.
Nov 04, 2020 04:21 pm ET
Rayonier Advanced Materials Announces Positive Third Quarter Results on Higher Lumber Prices and Lower Costs
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported income from continuing operations for the quarter ended September 26, 2020 of $29 million or $0.45 per diluted share, compared to a loss from continuing operations of $14 million or $0.29 per diluted share for the same prior year quarter.
Oct 22, 2020 01:36 pm ET
UPDATE to Conference Call Announcement: The RYAM Third Quarter Earnings Release Dates Have Changed
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2020 earnings on Wednesday, November 4, 2020 after the market closes.
Oct 20, 2020 05:03 pm ET
Rayonier Advanced Materials Schedules Third Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2020 earnings on Tuesday, November 3, 2020 after the market closes.
Aug 04, 2020 06:24 pm ET
Rayonier Advanced Materials Announces Second Quarter 2020 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a loss from continuing operations for the quarter ended June 27, 2020 of $13 million or $0.20 per diluted share, compared to a loss of $19 million or $0.46 per diluted share for the same prior year quarter.
Jul 22, 2020 04:20 pm ET
Rayonier Advanced Materials Schedules Second Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2020 earnings on Tuesday, August 4, 2020 after the market closes.
Jul 16, 2020 04:30 pm ET
Rayonier Advanced Materials Announces Preliminary Second Quarter Results Impacted by COVID-19 with Improved Liquidity
Rayonier Advanced Materials Inc. (the “Company”) today announced preliminary second quarter results which were impacted by COVID-19 market-related conditions. The Company expects earnings and Adjusted EBITDA for the quarter to be slightly below prior year, driven by an approximately 12 percent decline in revenues. Compared to the prior year period, results for the second quarter were aided by improvements in Forest Products and Paperboard segments driven by increased prices for lumber and lower raw material costs for paperboard, respectively. These benefits were offset by COVID-related impact
Jun 05, 2020 08:13 am ET
Rayonier Advanced Materials Announces Credit Agreement Amendment Providing Extended Financial Covenant Relief and Additional Liquidity
Rayonier Advanced Materials Inc. (the “Company”) today announced that, in working with its lenders under its Senior Secured Credit Agreement, it has entered into an amendment (the “Amendment”) under which, among other changes, the lenders have agreed to relax the financial covenants through 2022. In addition, the Amendment provides additional liquidity to the Company by reducing the minimum availability the Company is required to maintain under its revolving credit facility. The Amendment added a 1 percent LIBOR floor and lenders were paid a customary fee as consideration for their consent to
May 05, 2020 05:13 pm ET
Rayonier Advanced Materials Board of Directors Elects De Lyle Bloomquist to Serve as its Chair
The Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) Board of Directors has elected De Lyle Bloomquist to serve as Chair of the Board. The Company previously announced the separation of the roles of Chair and Chief Executive Officer (CEO). Mr. Bloomquist, currently an independent Director who will stand for re-election to the Board at the 2020 Annual Meeting of Stockholders, will assume the role of Non-Executive Chair following the conclusion of the Company’s Board meeting on May 19, assuming his re-election on May 18. In connection with these changes, the Board will discontinue th
May 05, 2020 05:08 pm ET
Rayonier Advanced Materials Provides Market and Operations Update and Announces First Quarter 2020 Results
Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) provided the following updates on its markets and operations:
Apr 30, 2020 03:35 pm ET
Amid COVID-19 Crisis, Rayonier Advanced Materials’ Charitable Foundations Contribute over $160,000 to Local Nonprofits
Amid the COVID-19 pandemic, Rayonier Advanced Materials (NYSE: RYAM) through its two independent charitable foundations in the U.S. and Canada contributed over $160,000 to 23 local nonprofits that are addressing community needs in rural Florida, Georgia, Ontario and Quebec.
Apr 22, 2020 04:15 pm ET
Rayonier Advanced Materials Schedules First Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2020 earnings on Tuesday, May 5, 2020 after the market closes.
Mar 25, 2020 06:45 am ET
Rayonier Advanced Materials Announces Lumber and Newsprint Downtime in Response to COVID-19 Market Demand Impact; Other Facilities to Operate Normally
In response to the COVID-19 outbreak and its impact on certain business markets, Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) announced curtailed production at seven Canadian locations. Starting this week, the Company will cease or reduce operations at all softwood sawmills located in Ontario and Quebec as well as halt production at the Company’s newsprint plant in Kapuskasing, Ontario. These curtailments will last at least two weeks and may be extended longer depending on market conditions. Existing sales orders will continue to be fulfilled from current inventory and reduced
Mar 06, 2020 05:30 pm ET
Rayonier Advanced Materials Announces Additional Corporate Governance Enhancements
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today announced that the Company’s Board of Directors will nominate and appoint two new independent directors to the Board. The Board will nominate David C. Mariano as a Class III Director, along with Paul Boynton and De Lyle W. Bloomquist, at the upcoming 2020 Annual Meeting of Stockholders (the “Annual Meeting”). The Board will also appoint Ivona Smith as a Class II Director at the conclusion of the Annual Meeting. In addition, longtime directors C. David Brown and Mark Gaumond have announced that they are planning to retire from t
Mar 04, 2020 04:15 pm ET
Regency Centers Announces Retirement of General Counsel Barbara Johnston and Hiring of Successor
Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ: REG), the preeminent national owner, operator, and developer of shopping centers, announced today that Senior Vice President, General Counsel Barbara Johnston will retire effective...
Feb 25, 2020 08:29 pm ET
Rayonier Advanced Materials Announces Fourth Quarter and 2019 Results and Continuing Actions to Re-Position the Company in 2020
In conjunction with Fourth Quarter and 2019 results, Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) is announcing actions to further reduce costs and improve cash flow.
Feb 11, 2020 04:20 pm ET
Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2019 earnings on Tuesday, February 25, 2020 after the market closes.
Dec 03, 2019 08:46 am ET
Rayonier Advanced Materials Proposes Enhancements to Governance Practices
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) announced today that the Company plans to re-submit two management proposals to the Company’s stockholders for a vote at its next Annual Stockholder Meeting in 2020. The first proposal would seek stockholder approval to amend the Company’s Certificate of Incorporation (the “Charter”) in order to declassify the Company’s Board of Directors and allow for the annual election of directors. The second proposal would seek stockholder approval to amend the Company’s Charter to eliminate supermajority voting requirements that currently exist
Nov 04, 2019 04:17 pm ET
Rayonier Advanced Materials Reports Third Quarter 2019 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported a net loss from continuing operations for the third quarter of $14 million, or $(0.29) per diluted common share, compared to income from continuing operations of $30 million, or $0.47 per diluted common share, for the prior year quarter. Adjusted net loss from continuing operations for the 2019 third quarter was $15 million, or $(0.29) per diluted common share, compared to adjusted net income from continuing operations of $27 million, or $0.41 per diluted common share, for the prior year quarter.
Nov 04, 2019 08:00 am ET
Rayonier Advanced Materials Completes Sale of Matane, Quebec Pulp Mill
Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) announced today that it has completed its previously announced sale of the Matane, Quebec pulp mill and related assets to Sappi, a global diversified wood fiber company, for a total purchase price of US$175 million. Net of fees, expenses and other adjustments, the Company expects to receive approximately US$150 million. As previously disclosed, US$100 million of the proceeds will be used to repay a portion of the Company’s Senior Secured Credit Facilities, with the remaining funds to be retained by the Company and used for general co
Oct 24, 2019 04:16 pm ET
Rayonier Advanced Materials Schedules Third Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2019 earnings on Monday, November 4, 2019 after the market closes.
Oct 10, 2019 08:00 am ET
Rayonier Advanced Materials Announces Price Increases on Cellulose Specialties Products
Rayonier Advanced Materials Inc., a global leader in the production and sale of High Purity Cellulose, will increase prices of its high-alpha and high-viscosity Cellulose Specialties products (including acetate, ethers, micro-crystalline cellulose, nitrocellulose and other grades) by 6%, effective immediately, or as contracts allow. These price changes are necessary to partially offset ongoing inflationary pressures and sustain investment in its best-in-class, capital-intensive manufacturing capabilities to ensure its ability to continue to support its customers’ needs for high-quality product
Sep 30, 2019 04:17 pm ET
Rayonier Advanced Materials Announces Credit Agreement Amendment Providing Financial Covenant Relief Through 2021
Rayonier Advanced Materials Inc. (the “Company”) today announced that it has reached agreement with lenders under its Senior Secured Credit Agreement and entered into an amendment (the “Amendment”) under which, among other changes, the lenders have agreed to relax the Total Net Senior First Lien Secured Leverage Ratio and Interest Coverage Ratio tests through 2021. The Amendment also increases the interest rate margin on borrowings to be paid to lenders by a maximum of 1.25 percent, subject to operation of a pricing grid which provides for reduced interest rate margins with improved leverage r
Sep 06, 2019 04:30 pm ET
Rayonier Advanced Materials Announces Suspension of Dividend on Its Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has suspended its quarterly cash dividend on the Common Stock of the Company citing the need to prioritize its cash flow to repay indebtedness and fund the Company’s capital investments and working capital needs. The Company is focused on managing through the current challenging market conditions that have negatively impacted its operating results.
Aug 12, 2019 04:16 pm ET
Rayonier Advanced Materials Announces Conversion Rate on Mandatory Convertible Preferred Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that its Mandatory Convertible Preferred Stock will automatically convert to Common Stock of the Company on August 15, in accordance with the terms of the prospectus supplement filed with the Securities and Exchange Commission (the “SEC”) in connection with the issuance of the Mandatory Convertible Preferred Stock, dated August 4, 2016 (the “Supplement”). Holders of the Mandatory Convertible Preferred Stock will receive 7.7459 shares of Common Stock per share of Mandatory Convertible Preferred Stock. The Company expects to issue appr
Aug 07, 2019 04:16 pm ET
Rayonier Advanced Materials Reports Second Quarter 2019 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported second quarter 2019 net loss of $15 million, or $(0.37) per diluted common share, compared to net income of $54 million, or $0.83 per diluted common share for the same prior year quarter ended 2018. The decrease in net income is due primarily to lower commodity sales prices, higher wood costs, and the residual impact of first quarter operational issues in High Purity Cellulose.
Aug 01, 2019 06:55 am ET
Rayonier Advanced Materials Announces Sale of Matane, Quebec Pulp Mill
Rayonier Advanced Materials Inc. (the “Company”) (NYSE: RYAM) announced today that it has entered into an agreement to sell its Matane, Quebec pulp mill and related assets to Sappi Limited, a global diversified wood fiber company, for a purchase price of approximately US$175 million. The mill produces approximately 270,000 metric tons of high-yield pulp and sells the product globally for use in manufacturing paperboard, packaging, printing, and writing paper. The Matane mill was acquired by the Company as part of its acquisition of Tembec Inc. in November of 2017. The Company will continue to
Jul 26, 2019 04:59 pm ET
CORRECTING and REPLACING Rayonier Advanced Materials Schedules Second Quarter Earnings Release
Second paragraph, first sentence of release dated July 25, 2019, the time for the conference call and live webcast should read 9:00 a.m. ET instead of 10:00 a.m. ET.
Jul 18, 2019 05:17 pm ET
Rayonier Advanced Materials Announces Dividend on the Company’s Mandatory Convertible Preferred Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that the Company’s board of directors has declared a second quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on August 15, 2019 to stockholders of record on August 1, 2019.
Jun 17, 2019 01:00 pm ET
Rayonier Advanced Materials Repositions Senior Management Team to Drive Growth
Rayonier Advanced Materials (NYSE:RYAM) announced today that it is repositioning key members of its senior management team to drive the company’s Go-to-Market strategy and accelerate new product commercialization. Frank Ruperto will assume the role of Senior Vice President, High Purity and High Yield Cellulose Business; Dr. Erin Byers will assume the new role of Senior Vice President, Research and Development; and Marcus Moeltner will be promoted to Chief Financial Officer and Senior Vice President, Finance.
May 21, 2019 12:30 pm ET
Rayonier Advanced Materials Announces Second Quarter 2019 Dividend on the Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a second quarter cash dividend of $0.07 per share of Common Stock of the Company. The dividend is payable on June 28, 2019 to stockholders of record on June 14, 2019.
May 08, 2019 05:24 pm ET
Rayonier Advanced Materials Reports First Quarter 2019 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported first quarter 2019 net loss of $22 million, or $(0.52) per diluted common share, compared to net income of $24 million, or $0.38 per diluted common share for the same prior year quarter ended 2018. The decrease in net income is due primarily to lower commodity sales prices, higher hardwood costs, and operational issues in High Purity Cellulose.
Apr 29, 2019 05:22 pm ET
Rayonier Advanced Materials Schedules First Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2019 earnings on Wednesday, May 8, 2019 after the market closes.
Apr 15, 2019 08:15 am ET
Recent Analysis Shows Waste Management, Rayonier Advanced Materials, Triumph Group, Lithia Motors, SolarEdge Technologies, and Insight Enterprises Market Influences — Renewed Outlook, Key Drivers of G
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Waste Management, Inc. (NYSE:WM), Rayonier Advanced Materials Inc....
Apr 12, 2019 04:30 pm ET
Rayonier Advanced Materials Announces Second Quarter 2019 Dividend on the Company’s Mandatory Convertible Preferred Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a second quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on May 15, 2019 to preferred stockholders of record on May 1, 2019.
Feb 28, 2019 04:51 pm ET
Rayonier Advanced Materials to Host Investor Day on March 7, 2019
Rayonier Advanced Materials Inc. (NYSE:RYAM) will be hosting an Investor Day on Thursday, March 7, 2019 at the New York Stock Exchange. Members of the executive management team will provide an overview of the Company’s strategy and key initiatives to deliver sustainable growth and long term value to its stockholders.
Feb 20, 2019 12:59 pm ET
Rayonier Advanced Materials Announces First Quarter 2019 Dividend on Its Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a first quarter cash dividend of $0.07 per share of Common Stock of the Company. The dividend is payable on March 29, 2019 to stockholders of record on March 15, 2019.
Feb 13, 2019 04:41 pm ET
Rayonier Advanced Materials Reports Fourth Quarter and Full Year 2018 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported full year 2018 net income of $128 million, or $1.96 per diluted common share, compared to $325 million, or $5.81 per diluted common share for 2017. Full year adjusted net income was $111 million, or $1.69 per diluted common share, compared to $57 million, or $0.97 per diluted common share in 2017. The 74 percent increase in adjusted net income per common share was due to the November 2017 acquisition of Tembec Inc. (“Tembec”).
Feb 07, 2019 07:55 am ET
Recent Analysis Shows Alexion Pharmaceuticals, Plug Power, Rayonier Advanced Materials, SunCoke Energy, Rhythm Pharmaceuticals, and Armstrong Flooring Market Influences — Renewed Outlook, Key Drivers
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN), Plug Power, Inc....
Feb 04, 2019 04:20 pm ET
Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2018 earnings on Wednesday, February 13, 2019 after the market closes.
Jan 08, 2019 04:30 pm ET
Rayonier Advanced Materials Announces First Quarter 2019 Dividend on the Company’s Mandatory Convertible Preferred Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that the Company’s board of directors has declared a first quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on February 15, 2019 to stockholders of record on February 1, 2019.
Nov 15, 2018 04:30 pm ET
Rayonier Advanced Materials Announces Proposed Declassification of Board of Directors and Elimination of Supermajority Voting Provisions
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) announced today that the Company plans to submit two important management proposals to the Company’s stockholders for a vote at its next Annual Stockholder Meeting in May of 2019. The first proposal would seek stockholder approval to amend the Company’s Certificate of Incorporation (the “Charter”) in order to declassify the Company’s Board of Directors and allow for the annual election of directors. The second proposal would seek stockholder approval to amend the Company’s Charter to
Nov 08, 2018 05:39 pm ET
Rayonier Advanced Materials Announces Accelerated Share Repurchases
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that it has entered into an accelerated share repurchase (“ASR”) agreement with JPMorgan Chase Bank, National Association (“JPMorgan”), to repurchase an aggregate of $25 million of the Company’s common stock. The ASR is being implemented under the Company’s share repurchase authorization of up to $100 million, which was announced in February of 2018.
Nov 08, 2018 08:20 am ET
Report: Developing Opportunities within Rayonier Advanced Materials, Health Insurance Innovations, Columbus McKinnon, A. O. Smith, Pacira Pharmaceuticals, and Altice — Future Expectations, Projections
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Rayonier Advanced Materials Inc. (NYSE:RYAM), Health Insurance...
Nov 05, 2018 04:52 pm ET
Rayonier Advanced Materials Reports Third Quarter 2018 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported third quarter 2018 net income of $38 million, or $0.60 per diluted common share, compared to $16 million, or $0.28 per diluted common share in the third quarter of 2017. Year-to-date 2018 net income was $116 million, or $1.82 per diluted common share, compared to $30 million, or $0.46 per diluted common share for the first nine months of 2017. Earnings for both the third quarter and year-to-date 2018 periods increased due to the November 2017 acquisition of Tembec Inc. (
Oct 18, 2018 04:30 pm ET
Rayonier Advanced Materials Schedules Third Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2018 earnings on Monday, November 5, 2018 after the market closes.
Oct 17, 2018 09:25 am ET
New Research: Key Drivers of Growth for Cenovus Energy, Protalix BioTherapeutics, Rayonier Advanced Materials, B2Gold, Match Group, and Qudian Inc. Sponsored ADR — Factors of Influence, Major Initiati
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Cenovus Energy Inc (NYSE:CVE), Protalix BioTherapeutics, Inc....
Oct 04, 2018 04:30 pm ET
Rayonier Advanced Materials Announces Fourth Quarter 2018 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on November 15, 2018 to stockholders of record on November 1, 2018.
Sep 19, 2018 04:55 pm ET
Rayonier Advanced Materials Announces Sale of Resins Business
Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that it has sold its resins business to LRBG Chemicals, a company to be led by the current resins business management team, for a purchase price of approximately $16.5 million. The business, with manufacturing locations in Longueuil, Quebec and Toledo, Ohio, produces chemical resins used in the manufacturing of oriented strand board (OSB), hardboard and other engineered wood products. The business was originally acquired as part of the Company’s acquisition of Tembec i
Aug 23, 2018 07:35 am ET
Consolidated Research: 2018 Summary Expectations for SpartanNash, Encana, Hilltop, Pacira Pharmaceuticals, Menlo Therapeutics, and Rayonier Advanced Materials — Fundamental Analysis, Key Performance I
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of SpartanNash Company (NASDAQ:SPTN), Encana Corporation (NYSE:ECA), Hilltop...
Aug 02, 2018 04:30 pm ET
Rayonier Advanced Materials Reports Second Quarter 2018 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported second quarter 2018 net income of $54 million, or $0.83 per diluted common share compared to $5 million, or $0.03 per diluted common share in the second quarter of 2017. Second quarter 2018 adjusted net income was $39 million, or $0.60 per diluted common share, compared to $9 million, or $0.11 per diluted common share in the second quarter of 2017. Second quarter 2018 adjusted net income and diluted earnings per share are adjusted for a gain on bargain purchase associate
Jul 19, 2018 04:46 pm ET
Rayonier Advanced Materials Schedules Second Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2018 earnings on Thursday August 2, 2018 after the market closes.
Jul 19, 2018 11:50 am ET
Rayonier Advanced Materials Announces Third Quarter 2018 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a third quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on August 15, 2018 to stockholders of record on August 1, 2018.
Jun 27, 2018 06:58 am ET
LignoTech Florida Plant Officially Opened
Rayonier Advanced Materials Inc. (NYSE: RYAM) and Borregaard ASA (BRG) announced today LignoTech Florida, owned 45 percent by RYAM and 55 percent by BRG, officially begun operations at the new lignin plant in Fernandina Beach. The plant has production capacity of 100,000 dry metric tons of lignin with the option of a second phase that can later expand production by an additional 50,000 dry metric tons
Jun 14, 2018 08:10 am ET
Consolidated Research: 2018 Summary Expectations for Rayonier Advanced Materials, CYS Investments, Avid Bioservices, American Airlines Group, Exelixis, and International Business Machines — Fundamenta
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Rayonier Advanced Materials Inc. (NYSE:RYAM), CYS Investments, Inc....
May 22, 2018 12:32 pm ET
Rayonier Advanced Materials Announces Second Quarter 2018 Dividend on Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a second quarter cash dividend of $0.07 per share of Common Stock of the Company. The dividend is payable on June 29, 2018 to stockholders of record on June 15, 2018.
May 07, 2018 05:06 pm ET
Rayonier Advanced Materials Reports First Quarter 2018 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported first quarter 2018 net income of $24 million, or $0.38 per diluted common share compared to $10 million, or $0.15 per diluted common share in the first quarter of 2017, a 153 percent increase in diluted earnings per share. Increased earnings are primarily due to the impact of the November 2017 acquisition of Tembec Inc. (“Tembec”).
Apr 25, 2018 04:15 pm ET
Rayonier Advanced Materials Schedules First Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2018 earnings on Monday, May 7, 2018 after the market closes.
Apr 17, 2018 08:10 am ET
Research Report Identifies Copa Holdings, S.A, Rayonier Advanced Materials, Royal Dutch Shell, Trupanion, DAQO New Energy, and National Grid Transco with Renewed Outlook — Fundamental Analysis, Calcul
NEW YORK, April 17, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Copa Holdings, S.A. (NYSE:CPA), Rayonier Advanced...
Apr 10, 2018 04:28 pm ET
Rayonier Advanced Materials Announces Second Quarter 2018 Dividend on the Company’s Mandatory Convertible Preferred Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that the Company’s board of directors has declared a second quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on May 15, 2018 to stockholders of record on May 1, 2018.
Feb 23, 2018 11:26 am ET
Rayonier Advanced Materials Announces First Quarter 2018 Dividend on the Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a first quarter cash dividend of $0.07 per share of Common Stock of the Company. The dividend is payable on March 30, 2018 to stockholders of record on March 16, 2018.
Feb 20, 2018 07:15 am ET
Rayonier Advanced Materials Inc to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 20, 2018 / Rayonier Advanced Materials Inc (NYSE: RYAM) will be discussing their earnings results in their Q4 Earnings Call to be held on February 20, 2018 at 10:00 AM Eastern Time.
Feb 20, 2018 06:30 am ET
Rayonier Advanced Materials Announces Plan to Add Two New Independent Directors to Board
Rayonier Advanced Materials Inc. (the “Company”) (NYSE: RYAM) today announced that the Company plans to add two new independent directors to its Board of Directors at the upcoming 2018 Annual Meeting of Stockholders, to be held on May 21, 2018.
Feb 20, 2018 06:30 am ET
Rayonier Advanced Materials Reports Full Year 2017 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported 2017 full year net income of $325 million, or $5.81 per diluted common share, compared to $73 million, or $1.55 per diluted common share in 2016. Full year 2017 adjusted net income was $57 million, or $0.97 per diluted common share, compared to $67 million, or $1.43 per diluted common share in 2016. Adjusted net income and earnings per share for 2017 exclude the impact of acquisition related costs, inventory write-up to fair value, a gain on derivative instrument, and a
Feb 14, 2018 08:25 am ET
Report: Developing Opportunities within Duke Energy, Dana, Columbia Property Trust, Rayonier Advanced Materials, Microchip Technology, and Cerner — Future Expectations, Projections Moving into 2018
NEW YORK, Feb. 14, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Duke Energy Corporation (NYSE:DUK), Dana Incorporated...
Feb 07, 2018 05:50 pm ET
Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2017 earnings on Tuesday, February 20, 2018 before the market opens.
Feb 06, 2018 09:00 am ET
Haeggquist & Eck Investigates Rayonier Directors and Officers Regarding False Statements or Omissions about One of Its Top Customers, Eastman Chemical Company
Haeggquist & Eck, LLP, a leading shareholder rights litigation firm, is investigating whether certain directors and officers of
Jan 16, 2018 02:12 pm ET
Rayonier Advanced Materials Announces First Quarter 2018 Dividend on the Company’s Mandatory Convertible Preferred Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a first quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on February 15, 2018 to stockholders of record on February 1, 2018.
Nov 20, 2017 06:59 am ET
Rayonier Advanced Materials Completes Acquisition of Tembec
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that it has completed the acquisition of Tembec Inc., combining two complementary high purity cellulose businesses and diversifying its product offerings with integrated forest products, paper, paperboard and newsprint businesses. The combined company, which will operate under the name Rayonier Advanced Materials, will be a stronger, more diversified global leader in its core businesses with an expanded international footprint that further positions it to serve the larger customer base
Nov 14, 2017 08:57 am ET
Tembec Announces Preliminary Results of Consideration Elections in Connection with Transaction
MONTREAL, Nov. 14, 2017 /CNW/ - Tembec Inc. (TSX: TMB) ("Tembec") today announced the preliminary results of the consideration elections in connection with the previously announced proposed statutory arrangement under Section 192 of the Canada Business Corporations Act (the "Transaction") involving the acquisition by Rayonier Advanced Materials Inc. (NYSE: RYAM) ("Rayonier AM") of all of the outstanding common shares of Tembec (the "Tembec Shares").
Nov 01, 2017 04:20 pm ET
Rayonier Advanced Materials Reports Third Quarter 2017 Results
Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today reported third quarter 2017 net income of $16 million, or $0.28 per diluted common share compared to $22 million, or $0.44 per diluted common share in the third quarter of 2016. Third quarter 2017 pro forma net income was $10 million, or $0.18 per diluted common share, compared to $22 million, or $0.44 per diluted common share in the third quarter of 2016. Third quarter 2017 pro forma net income and diluted earnings per share are adjusted for transaction costs and an unrealized g
Oct 20, 2017 09:02 am ET
Rayonier Advanced Materials Announces Revenue Impact from Major Customer’s Operational Upset
Rayonier Advanced Materials (NYSE: RYAM) announced today that due to an operational upset earlier this month at a major customer, sales volumes in 2017 for its cellulose specialties products are anticipated to be lower than previously expected. Based on currently available information from the customer, the impact to the Company’s revenue is estimated to be between $15 and $30 million, or approximately 3 percent of its expected full year revenues. The Company believes this impact to be limited to the fourth quarter of 2017. This estimate may cha
Oct 19, 2017 04:14 pm ET
Rayonier Advanced Materials Schedules Third Quarter Earnings Release
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2017 earnings on November 1, 2017, after the market closes.
Oct 18, 2017 11:47 am ET
Rayonier Advanced Materials Announces Fourth Quarter 2017 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on November 15, 2017 to stockholders of record on November 1, 2017.
Oct 15, 2017 10:50 pm ET
RAYONIER 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors of Deadline in Class Action Lawsuit Against Rayonier Advanced Materials, Inc. - (RYAM)
ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Rayonier Advanced Materials, Inc. (NYSE: RYAM). Investor losses must relate to purchases of the Company’s shares between October 29, 2014 and August 19, 2015. This action is pending in the United States District Court for the Middle District of Tennessee.
Oct 13, 2017 10:50 pm ET
RAYONIER 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit against Rayonier Advan
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Rayonier Advanced Materials, Inc. (NYSE: RYAM). Investor losses must relate to purchases of the Company’s shares between October 29, 2014 and August 19, 2015. This action is pending in the United States District Court for the Middle District of Tennessee.
Oct 13, 2017 06:33 pm ET
EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Rayonier Advanced Materials Inc. - RYAM
NEW YORK, Oct. 13, 2017 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Rayonier Advanced Materials Inc. (NYSE: RYAM) from October 29, 2014 through August 19, 2015, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Rayonier investors under the federal securities laws.
Oct 11, 2017 12:02 pm ET
The Klein Law Firm Notifies Investors of Commencement of a Class Action Filed on Behalf of Rayonier Advanced Materials Inc. Shareholders and a Lead Plaintiff Deadline of October 16, 2017
The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Rayonier Advanced Materials Inc. (NYSE:RYAM) who purchased shares between October 29, 2014 and August 19, 2015. The action, which was filed in the United States District Court for the Middle District of Tennessee, alleges that the Company violated federal securities laws.
Oct 09, 2017 10:34 am ET
RYAM EQUITY ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Rayonier Advanced Materials Inc. and a Lead Plaintiff Deadline of October 16, 2017
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee on behalf of investors who purchased Rayonier Advanced Materials Inc. ("Rayonier") (NYSE:RYAM) securities between October 29, 2014 and August 19, 2015.
Sep 21, 2017 05:15 pm ET
Rayonier Advanced Materials and Tembec Provide Update on Transaction
JACKSONVILLE, FL and MONTREAL, Sept. 21, 2017 /CNW/ - Rayonier Advanced Materials Inc. (NYSE: RYAM) ("Rayonier Advanced Materials") and Tembec Inc. (TSX: TMB) ("Tembec") announced today that, as a result of legislation that went into effect today, approval of the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec (the "Transaction") under the Investment Canada Act (the "ICA") is no longer required as a closing condition of the Transaction.
Sep 19, 2017 03:10 pm ET
INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Rayonier Advanced Materials Inc. and Encourages Investors with Losses to Contact the Firm
IRVINE, Calif., Sept. 19, 2017 (GLOBE NEWSWIRE) -- Khang & Khang LLP (the “Firm”) announces the filing of a securities class action lawsuit against Rayonier Advanced Materials Inc. (“Rayonier” or the “Company”) (NYSE:RYAM). Investors who purchased or otherwise acquired Rayonier shares from October 29, 2014 through August 19, 2015, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the October 16, 2017 lead plaintiff motion deadline....
Sep 19, 2017 12:29 pm ET
INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses In Excess Of $100,000 From Investment In Rayonier Advanced Materials, Inc. (NYSE: RYAM) To Contact Brower Piven Before The Lead Pla
STEVENSON, Md., Sept. 19, 2017 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee on behalf of purchasers of Rayonier Advanced Materials, Inc. (NYSE:RYAM) (“Rayonier” or the “Company”) securities during the period between October 29, 2014 and August 19, 2015, inclusive (the “Class Period”).  Investors who wish to become proactively involved in the litigation have until October 16, 2017 to seek appointment as lead ...
Sep 18, 2017 10:45 am ET
SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Rayonier Advanced Materials Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Rayonier Advanced Materials Inc. (“Rayonier” or the “Company”) (NYSE:RYAM) regarding possible violations of federal securities laws between October 29, 2014 and August 19, 2015, inclusive (the “Class Period”). Investors who purchased or otherwise acquired Rayonier shares during the Class Period should contact the firm prior to the October 16, 2017 lead plaintiff motion deadline....
Sep 15, 2017 11:50 pm ET
RAYONIER SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Rayonier Advanced Materials, Inc. - (RYAM)
NEW ORLEANS, Sept. 15, 2017 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Rayonier Advanced Materials, Inc. (NYSE: RYAM), if they purchased the Company's shares between October 29, 2014 and August 19, 2015, inclusive (the "Class Period"). This action is pending in the United States District Court for the Middle District of Tennessee.
Sep 15, 2017 02:39 pm ET
/C O R R E C T I O N -- Pomerantz LLP/
In the news release, SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rayonier, Inc. -- RYN, issued 14-Sep-2017 by Pomerantz LLP over PR Newswire, we are advised by the company that the events referenced in the release in fact pertain to Rayonier Advanced Materials Inc. (NYSE: RYAM), not Rayonier, Inc., and the investigation announced in the press release is likewise on behalf of shareholders of Rayonier Advanced Materials Inc., not shareholders of Rayonier Inc. The complete, corrected release follows:
Sep 08, 2017 10:50 pm ET
RAYONIER SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Rayonier Advanced Materials, Inc. - (RYAM)
NEW ORLEANS, Sept. 08, 2017 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Rayonier Advanced Materials, Inc. (NYSE:RYAM), if they purchased the Company’s shares between October 29, 2014 and August 19, 2015, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Middle District of Tennessee....
Sep 08, 2017 07:50 pm ET
EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Rayonier Advanced Materials Inc. – RYAM
NEW YORK, Sept. 08, 2017 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Rayonier Advanced Materials Inc. (NYSE:RYAM) from October 29, 2014 through August 19, 2015, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Rayonier investors under the federal securities laws....
Sep 01, 2017 11:50 pm ET
RAYONIER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against R
NEW ORLEANS, Sept. 1, 2017 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Rayonier Advanced Materials, Inc. (NYSE: RYAM), if they purchased the Company's shares between October 29, 2014 and August 19, 2015, inclusive (the "Class Period"). This action is pending in the United States District Court for the Middle District of Tennessee.
Aug 30, 2017 04:13 pm ET
IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces a Securities Class Action Lawsuit against Rayonier Advanced Materials Inc. and Encourages Investors with Losses to Contact the Firm
IRVINE, Calif., Aug. 30, 2017 /PRNewswire/ -- Khang & Khang LLP (the "Firm") announces the filing of a securities class action lawsuit against Rayonier Advanced Materials Inc. ("Rayonier" or the "Company") (NYSE: RYAM). Investors who purchased or otherwise acquired shares between October 29, 2014 and August 19, 2015, inclusive (the "Class Period"), are encouraged to contact the Firm in advance of the October 16, 2017 lead plaintiff motion deadline.
Aug 28, 2017 06:37 pm ET
IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces a Securities Class Action Lawsuit against Rayonier Advanced Materials Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, Aug. 28, 2017 /PRNewswire/ -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Rayonier Advanced Materials Inc. ("Rayonier" or the "Company") (NYSE: RYAM) concerning possible violations of federal securities laws between October 29, 2014 and August 19, 2015, inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the October 16, 2017 lead plaintiff motion deadline.
Aug 25, 2017 10:50 pm ET
RAYONIER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against R
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit...
Aug 22, 2017 10:25 pm ET
SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have Losses In Excess Of $100,000 From Investment In Rayonier Advanced Materials, Inc. (NYSE: RYAM)
STEVENSON, Md., Aug. 22, 2017 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee on behalf of purchasers of Rayonier Advanced Materials, Inc. (NYSE:RYAM) (“Rayonier” or the “Company”) securities during the period between October 29, 2014 and August 19, 2015, inclusive (the “Class Period”).  Investors who wish to become proactively involved in the litigation have until October 16, 2017 to seek appointment as lead pla...
Aug 18, 2017 10:50 pm ET
RAYONIER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against R
NEW ORLEANS, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Rayonier Advanced Materials, Inc. (NYSE:RYAM), if they purchased the Company’s shares between October 29, 2014 and August 19, 2015, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Middle District of Tennessee....
Aug 18, 2017 01:37 pm ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Rayonier Advanced Materials Inc. (RYAM) & Lead Plaintiff Deadline: October 16, 2017
NEW YORK, Aug. 18, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Rayonier Advanced Materials Inc. ("Rayonier" or the "Company") (NYSE: RYAM) securities and certain of its officers, on behalf of a class who purchased Rayonier securities during the period between October 29, 2014 and August 19, 2015, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/ryam.
Aug 07, 2017 12:40 pm ET
Rayonier Advanced Materials and Tembec Announce Approval from Superior Court of Québec in Connection with Transaction
JACKSONVILLE, FL and MONTREAL, Aug. 7, 2017 /CNW/ - Rayonier Advanced Materials Inc. (NYSE: RYAM) ("Rayonier Advanced Materials") and Tembec Inc. (TSX: TMB) ("Tembec") announced today that the Québec Superior Court issued a final order approving the previously announced statutory arrangement under Section 192 of the Canada Business Corporations Act (the "Transaction") involving the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec.
May 25, 2017 08:30 am ET
Rayonier Advanced Materials to Acquire Tembec, Creating a Diversified Global Leader in High Purity Cellulose, Packaging, Paper, High-Yield Pulp and Forest Products
Immediately accretive to Rayonier Advanced Materials while delivering a significant premium at C$4.05 per share to Tembec shareholders Combined company approximately US$2 billion in revenue and US$400 million in EBITDA including full synergies Company to benefit from enhanced scale and projected combined cost synergies of US$50 million, to be achieved over 3 years Complementary products, operations and geographies create earnings stability and growth opportunities Rayonier Advanced Materials to continue all Tembec operations and maintain a strong presence in Québec, Ontario, and France Tem
May 25, 2017 08:30 am ET
Rayonier Advanced Materials to Acquire Tembec, Creating a Diversified Global Leader in High Purity Cellulose, Packaging, Paper, High-Yield Pulp and Forest Products
JACKSONVILLE, Fla. and MONTREAL, May 25, 2017 /PRNewswire/ -- Rayonier Advanced Materials Inc. (NYSE: RYAM) and Tembec Inc. (TSX: TMB) today announced a definitive agreement under which Rayonier Advanced Materials will acquire Tembec, providing the combined company with leading and complementary positions in key high purity cellulose end-uses and diversified earning streams from packaging, paper, high-yield pulp and forest products businesses. With its expanded geographic reach, enhanced R&D capabilities and broader, more flexible asset base, the combined company will offer customers exc

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