| Date | Title | | |
| 11/20/17 | Rayonier Advanced Materials Completes Acquisition of Tembec| JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Nov. 20, 2017--
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 stronge... |
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| 11/01/17 | Rayonier Advanced Materials Reports Third Quarter 2017 Results| Third quarter net income of $16 million and pro forma EBITDA of $44
million unfavorably impacted by $3 million and $5 million,
respectively, due to Hurricane Irma
Full year projected net income and pro forma EBITDA now anticipated to
be approximately $25 million and $180 million, respectively, which
includes the impact of Hurricane Irma and previously announced major
customer operational upset in the fourth quarter
... |
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| 10/20/17 | Rayonier Advanced Materials Announces Revenue Impact from Major Customer’s Operational Upset| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 20, 2017--
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... |
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| 10/19/17 | Rayonier Advanced Materials Schedules Third Quarter Earnings Release| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 19, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third
quarter 2017 earnings on November 1, 2017, after the market closes.
Rayonier Advanced Materials will host a conference call and live webcast
on Thursday, November 2, 2017, at 11:00 a.m. ET to discuss these
results. Supplemental materials and access to the live audio webcast
will be available at www.rayonieram.com.
A ... |
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| 10/18/17 | Rayonier Advanced Materials Announces Fourth Quarter 2017 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 18, 2017--
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.
The Company’s board of directors also declared a fourth quarter cash
dividend o... |
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| 09/21/17 | Rayonier Advanced Materials and Tembec Provide Update on Transaction| JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Sep. 21, 2017--
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... |
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| 09/19/17 | Rayonier Advanced Materials Expects $7 Million Net Income and $12 Million Pro Forma EBITDA Impact from Hurricane Irma| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sep. 19, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that
operations at its Fernandina Beach, Fla. and Jesup, Ga. facilities are
back running at full capacity after an orderly shutdown of operations
due to Hurricane Irma. Due to the production interruption and the costs
to restart operations, the Company expects a $6 million impact to Net
Income and a $9 million impact to Pro Forma EBITDA. Addi... |
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| 09/12/17 | Rayonier Advanced Materials Announces Restart of Operations after Hurricane Irma| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sep. 12, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that it is
beginning to restart core systems today at its Fernandina Beach, Fla.
and Jesup, Ga. facilities after Hurricane Irma passed through the area.
The Company expects operations to be running at full production capacity
by the weekend. The pre-emptive shutdown was managed safely with no
injuries and limited physical damage to the facilities. ... |
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| 09/08/17 | Rayonier Advanced Materials Temporarily Suspends Operations Due to Hurricane Irma| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sep. 8, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that it is
temporarily suspending operations beginning today at its Fernandina
Beach, Fla. and Jesup, Ga. facilities as the threat of Hurricane Irma is
leading to mandatory evacuations in the area and impacting the supply of
raw materials. In preparation for the hurricane, it is in the best
interest of the Company, its employees and our communities ... |
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| 08/18/17 | Rayonier Advanced Materials and Tembec Announce Antitrust Clearance from the Competition Bureau of Canada in Connection with the Transaction| JACKSONVILLE, Fla. & MONTREAL, Quebec--(BUSINESS WIRE)--Aug. 18, 2017--
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“Rayonier Advanced
Materials”) and Tembec Inc. (TSX: TMB) (“Tembec”) announced
today that they received clearance from the Competition Bureau of Canada
(the “Competition Bureau”), without condition, of the previously
announced proposed statutory arrangement under Section 192 of the Canada
Business Corporations Act (the “Transaction”) inv... |
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| 08/11/17 | Rayonier Advanced Materials and Tembec Announce Antitrust Clearance from Chinese Ministry of Commerce in Connection with the Transaction| JACKSONVILLE, Fla. & MONTREAL, Québec--(BUSINESS WIRE)--Aug. 11, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) (“Rayonier Advanced
Materials”) and Tembec Inc. (TSX:TMB) (“Tembec”) announced
today that they received notification from the Anti-Monopoly Bureau of
the Ministry of Commerce of the People’s Republic of China (often
referred to as MOFCOM) that it has cleared, without condition, the
previously announced proposed statutory arrangement under ... |
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| 08/07/17 | Rayonier Advanced Materials and Tembec Announce Approval from Superior Court of Québec in Connection with Transaction| JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Aug. 7, 2017--
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 outst... |
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| 08/02/17 | Rayonier Advanced Materials Reports Second Quarter 2017 Results| Second quarter net income of $5 million impacted by unfavorable sales
mix and acquisition costs; full year projected net income of $32 to
$39 million
Reaffirming pro forma EBITDA guidance at the high-end of $190 to $200
million initial range
On-track for $30 million of cost transformation improvements in 2017
with $15 million achieved year-to-date
Acquisition of Tembec approved by its s... |
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| 07/31/17 | Rayonier Advanced Materials and Tembec Announce Termination of the Hart-Scott-Rodino Waiting Period| JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Jul. 31, 2017--
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“Rayonier Advanced
Materials”) and Tembec Inc. (TSX: TMB) (“Tembec”) announced
today that they received notification from the United States Department
of Justice and the Federal Trade Commission that the Hart-Scott-Rodino
premerger notification waiting period was terminated as of 3:32 p.m. ET
on July 31, 2017 in connection with the previously an... |
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| 07/27/17 | Tembec Shareholders Approve Transaction with Rayonier Advanced Materials| JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Jul. 27, 2017--
Rayonier Advanced Materials Inc. (“Rayonier Advanced Materials”) (NYSE:
RYAM) and Tembec Inc. (“Tembec”) (TSX: TMB) today announced that the
holders of record of its common shares (the "Tembec Shareholders") have
approved the resolution (the "Arrangement Resolution") authorizing the
previously announced statutory arrangement under Section 192 of the
Canada Business Corporations Act (the "Tra... |
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| 07/23/17 | Rayonier Advanced Materials and Tembec Announce Increase in Consideration under Amended Arrangement Agreement| Increased Consideration Valued at C$4.75
Oaktree and Bennett Management Agree to Vote in Favor of the
Arrangement
Tembec shareholders should submit or update their proxies or
voting instructions in advance of the meeting without delay
JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Jul. 23, 2017--
Rayonier Advanced Materials Inc. (“Rayonier Advanced Materials”) (NYSE:
RYAM) and Tembec Inc. (“Temb... |
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| 07/20/17 | Rayonier Advanced Materials Announces Third Quarter 2017 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jul. 20, 2017--
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, 2017 to the preferred
stockholders of record on August 1, 2017.
The Company’s board of directors also declared a third quarter cash
di... |
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| 07/19/17 | Rayonier Advanced Materials Schedules Second Quarter Earnings Release| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jul. 19, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second
quarter 2017 earnings on August 2, 2017, after the market closes.
Rayonier Advanced Materials will host a conference call and live webcast
on Thursday, August 3, 2017, at 11:00 a.m. ET to discuss these results.
Supplemental materials and access to the live audio webcast will be
available at www.rayonieram.com.
A rep... |
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| 07/17/17 | Rayonier Advanced Materials Reiterates Commitment to Acquire Tembec on Agreed Terms| Transaction provides compelling value to Tembec shareholders
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jul. 17, 2017--
Rayonier Advanced Materials Inc. (the “Company” or “Rayonier Advanced
Materials”) (NYSE: RYAM) today reaffirmed its commitment to acquire
Tembec Inc. (“Tembec”) (TSX: TMB) on the terms previously agreed with
Tembec. The Company believes that the previously announced arrangement
consideration of C$4.05 in cash or 0.2302 of a share of Rayon... |
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| 07/13/17 | Rayonier Advanced Materials and Tembec Announce Clearance from Germany's Federal Cartel Office| JACKSONVILLE, Fla. & MONTREAL--(BUSINESS WIRE)--Jul. 13, 2017--
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“Rayonier AM”) and
Tembec Inc. (TSX: TMB) (“Tembec” or the “Company”)
announced today that they have received notification of clearance from
Germany's Federal Cartel Office in connection with the previously
announced proposed statutory arrangement under Section 192 of the Canada
Business Corporations Act (the “Transaction”) involving
the ... |
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| 05/25/17 | 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 ... |
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| 05/23/17 | Rayonier Advanced Materials Announces Second Quarter 2017 Dividend| JACKSONVILLE, Fla.--(BUSINESS WIRE)--May 23, 2017--
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 30, 2017 to holders of common stock of record on June
16, 2017.
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading global supplier ... |
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| 05/01/17 | Rayonier Advanced Materials Reports First Quarter 2017 Results| Q1 2017 net income and EBITDA of $10 million and $48 million,
respectively
Q1 2017 Cost Transformation improvements of $7 million achieved;
solidly on-track for $30 million in 2017
Net income and EBITDA anticipated at high-end of 2017 guidance
Raising Cash Flow from Operations and Free Cash Flow guidance by $10
million
JACKSONVILLE, Fla.--(BUSINESS WIRE)--May 1, 2017--
... |
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| 04/19/17 | Rayonier Advanced Materials Schedules First Quarter Earnings Release| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Apr. 19, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first
quarter 2017 earnings on May 1, 2017, after the market closes.
Rayonier Advanced Materials will host a conference call and live webcast
on Tuesday, May 2, 2017, at 10:00 a.m. ET to discuss these results.
Supplemental materials and access to the live audio webcast will be
available at www.rayonieram.com.
A replay of t... |
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| 03/24/17 | Rayonier Advanced Materials Announces Second Quarter 2017 Mandatory Convertible Preferred Stock Dividend| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Mar. 24, 2017--
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, 2017 to stockholders of
record on May 1, 2017.
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading glob... |
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| 02/24/17 | Rayonier Advanced Materials Announces First Quarter 2017 Dividend| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Feb. 24, 2017--
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 31, 2017 to holders of common stock of record on March
17, 2017.
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading global supplie... |
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| 02/23/17 | Rayonier Advanced Materials Schedules Investor Day Conference| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Feb. 23, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) will host an Investor Day
webcast on Thursday, March 16, 2017, at 9:00 AM ET. Supplemental
materials and access to the live audio webcast will be available at www.rayonieram.com.
A replay of this webcast will be archived on the company’s website
shortly after the presentation.
To access our Investor Day webcast please click
here.
... |
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| 01/30/17 | Rayonier Advanced Materials Reports Full Year 2016 Results| Strong performance drives results exceeding 2016 guidance
Full year 2016 net income and pro forma EBITDA of $73 million and $226
million, respectively
$50 million of Cost Improvements achieved in 2016; surpassing target
by $10 million
Strategic focus on Cost Transformation, Market Optimization, New
Products and Acquisitions
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jan. 30, 2017--
... |
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| 01/17/17 | Rayonier Advanced Materials Announces First Quarter 2017 Mandatory Convertible Preferred Stock Dividend| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jan. 17, 2017--
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, 2017 to the preferred
stockholders of record on February 1, 2017.
About Rayonier Advanced Materials
Rayonier Advanced Materi... |
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| 01/12/17 | Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release| JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jan. 12, 2017--
Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth
quarter 2016 earnings on January 30, 2017, after the market closes.
Rayonier Advanced Materials will host a conference call and live webcast
on Tuesday, January 31, 2017, at 10:00 a.m. EST to discuss these
results. Supplemental materials and access to the live audio webcast
will be available at www.rayonieram.com.
A... |
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