PRESS RELEASES

PRESS RELEASES

Date Title    
Toggle Summary Rayonier Advanced Materials Announces Conversion Rate on Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Aug. 12, 2019-- 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
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Toggle Summary Rayonier Advanced Materials Reports Second Quarter 2019 Results
Improved High Purity Cellulose sequential results as higher wood costs and operating issues were mitigated Go-to-Market strategy implementation yielding positive initial customer outcomes Sale of Matane high-yield manufacturing facility for $175 million ; anticipated to close in fourth quarter
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Toggle Summary Rayonier Advanced Materials Announces Sale of Matane, Quebec Pulp Mill
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Aug. 1, 2019-- 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
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Toggle Summary Rayonier Advanced Materials Schedules Second Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 25, 2019-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2019 earnings on Wednesday, August 7, 2019 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m.
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Toggle Summary CORRECTING and REPLACING Rayonier Advanced Materials Schedules Second Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 25, 2019-- 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 . The corrected release reads: RAYONIER ADVANCED MATERIALS SCHEDULES SECOND
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Toggle Summary Rayonier Advanced Materials Announces Dividend on the Company’s Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 18, 2019-- 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.
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Toggle Summary Rayonier Advanced Materials Repositions Senior Management Team to Drive Growth
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 17, 2019-- 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.
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Toggle Summary Rayonier Advanced Materials Announces Second Quarter 2019 Dividend on the Common Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--May 21, 2019-- 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
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Toggle Summary Rayonier Advanced Materials Reports First Quarter 2019 Results
Significant increase in hardwood costs at Jesup plant coupled with unplanned downtime at Temiscaming plant led to operating loss in High Purity Cellulose segment Expect to improve financial performance ultimately returning EBITDA margins to high teens in the back half of 2019, subject to
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Toggle Summary Rayonier Advanced Materials Schedules First Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Apr. 29, 2019-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2019 earnings on Wednesday, May 8, 2019 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 9:00 a.m.
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Toggle Summary Rayonier Advanced Materials Announces Second Quarter 2019 Dividend on the Company’s Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Apr. 12, 2019-- 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.
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Toggle Summary Rayonier Advanced Materials to Host Investor Day on March 7, 2019
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 28, 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
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Toggle Summary Rayonier Advanced Materials Announces First Quarter 2019 Dividend on Its Common Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 20, 2019-- 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
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Toggle Summary Rayonier Advanced Materials Reports Fourth Quarter and Full Year 2018 Results
Full year 2018 net income of $128 million , or $1.96 per diluted common share; adjusted EBITDA of $364 million Full year 2018 operating cash flow of $247 million ; adjusted free cash flow of $152 million Balanced capital allocation with $45 million of debt reductions, $37 million of strategic
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Toggle Summary Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 4, 2019-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2018 earnings on Wednesday, February 13, 2019 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m.
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Toggle Summary Rayonier Advanced Materials Announces First Quarter 2019 Dividend on the Company’s Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jan. 8, 2019-- 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.
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Toggle Summary Rayonier Advanced Materials Announces Proposed Declassification of Board of Directors and Elimination of Supermajority Voting Provisions
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Nov. 15, 2018-- 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.
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Toggle Summary Rayonier Advanced Materials Announces Accelerated Share Repurchases
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Nov. 8, 2018-- 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
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Toggle Summary Rayonier Advanced Materials Reports Third Quarter 2018 Results
Third quarter 2018 net income of $38 million and adjusted EBITDA of $99 million Year-to-date diluted earnings per share of $1.82 and adjusted net income per share of $1.53 ; 264 percent increase in adjusted earnings per share from prior year Year-to-date operating cash flow of $160 million ;
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Toggle Summary Rayonier Advanced Materials Schedules Third Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 18, 2018-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2018 earnings on Monday, November 5, 2018 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m.
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Toggle Summary Rayonier Advanced Materials Announces Fourth Quarter 2018 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 4, 2018-- 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.
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Toggle Summary Rayonier Advanced Materials Announces Sale of Resins Business
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Sep. 19, 2018-- 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
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Toggle Summary Rayonier Advanced Materials Reports Second Quarter 2018 Results
Second quarter 2018 net income of $54 million and adjusted EBITDA of $106 million Year to date diluted earnings per share of $1.22 and adjusted net income per share of $0.99 ; 281 percent increase in adjusted earnings per share from prior year Strong performance in Pulp and Forest Products segments
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Toggle Summary Rayonier Advanced Materials Schedules Second Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 19, 2018-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2018 earnings on Thursday August 2, 2018 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m.
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Toggle Summary Rayonier Advanced Materials Announces Third Quarter 2018 Dividends on the Company’s Mandatory Convertible Preferred Stock and Common Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 19, 2018-- 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.
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Toggle Summary LignoTech Florida Plant Officially Opened
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 27, 2018-- 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 .
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Toggle Summary Rayonier Advanced Materials Announces Second Quarter 2018 Dividend on Common Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--May 22, 2018-- 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
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Toggle Summary Rayonier Advanced Materials Reports First Quarter 2018 Results
First quarter 2018 net income of $24 million and EBITDA of $86 million Diluted earnings per share of $0.38 ; 153 percent increase from prior year Pulp contributed significant EBITDA; Forest Products delivered solid profitability despite duties on U.S.
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Toggle Summary Rayonier Advanced Materials Schedules First Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Apr. 25, 2018-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2018 earnings on Monday, May 7, 2018 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m.
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Toggle Summary Rayonier Advanced Materials Announces Second Quarter 2018 Dividend on the Company’s Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Apr. 10, 2018-- 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.
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Toggle Summary Rayonier Advanced Materials Announces First Quarter 2018 Dividend on the Common Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 23, 2018-- 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
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Toggle Summary Rayonier Advanced Materials Announces Plan to Add Two New Independent Directors to Board
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 20, 2018-- 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 .
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Toggle Summary Rayonier Advanced Materials Reports Full Year 2017 Results
Full year 2017 net income and adjusted EBITDA of $325 million and $212 million , respectively Excluding the impact of Tembec acquisition, full year adjusted EBITDA of $177 million , in-line with previous guidance $30 million of cost transformation improvements achieved in 2017 with an incremental
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Toggle Summary Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 7, 2018-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2017 earnings on Tuesday, February 20, 2018 before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m.
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Toggle Summary Rayonier Advanced Materials Announces First Quarter 2018 Dividend on the Company’s Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jan. 16, 2018-- 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.
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Toggle Summary 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
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Toggle Summary 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,
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Toggle Summary 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.
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Toggle Summary 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 ,
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Toggle Summary 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.
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Toggle Summary 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
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Toggle Summary 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.
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Toggle Summary 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.
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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.
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Toggle Summary 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.
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Toggle Summary 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
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Toggle Summary 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.
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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
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Toggle Summary 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.
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Toggle Summary 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
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Toggle Summary 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 .
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Toggle Summary 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,
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Toggle Summary 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.
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Toggle Summary 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 ,
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Toggle Summary LignoTech Florida Joint Venture Gains Approval
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Dec. 9, 2016-- Borregaard ASA (BRG) and Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today the companies have secured the necessary approvals from their Boards of Directors and the appropriate permits to proceed with the investment for construction of
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Toggle Summary Rayonier Advanced Materials Reports Third Quarter Results
Third quarter net income of $22 million and pro forma EBITDA of $64 million 2016 Transformation Initiative savings target increased to $30 to $35 million Total cost savings approaching $50 million for 2016, including $15 million carryover from 2015 2016 net income expected to be $66 to $72 million
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Toggle Summary Rayonier Advanced Materials Announces Fourth Quarter 2016 Dividends
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 24, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $0.07 per share of Common Stock of the corporation.
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Toggle Summary Rayonier Advanced Materials Schedules Third Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 11, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2016 earnings on Monday, October 31, 2016 , after the market closes. Rayonier Advanced Materials will host a conference call and live webcast on Tuesday, November 1,
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Toggle Summary Rayonier Advanced Materials Resumes Operations
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 10, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) provided an update today about operations following Hurricane Matthew, which affected the entire US Southeastern coast, passing near the Company’s Fernandina Beach, Fla. facility.
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Toggle Summary Rayonier Advanced Materials Announces Pricing of Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Aug. 4, 2016-- Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today announced the pricing of its underwritten public offering (the “Offering”) of 1,500,000 shares of the Company’s 8.00 percent Series A Mandatory Convertible Preferred Stock (the
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Toggle Summary Rayonier Advanced Materials Announces Public Offering of Mandatory Convertible Preferred Stock
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Aug. 3, 2016-- Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today announced the commencement of an underwritten public offering (the “Offering”) of 1,250,000 shares of the Company’s Series A Mandatory Convertible Preferred Stock (the “Mandatory
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Toggle Summary Rayonier Advanced Materials Reports Second Quarter Results
Second quarter net income of $19 million and pro forma EBITDA of $58 million Transformation Initiative targeting $75 to $90 million cost reduction by 2018 on-track 2016 net income expected to be $51 to $57 million 2016 pro forma EBITDA outlook raised to $195 to $205 million JACKSONVILLE, Fla.
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Toggle Summary Rayonier Advanced Materials Announces Third Quarter 2016 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 22, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a third quarter cash dividend of $0.07 per share of common stock of the corporation. The dividend is payable on September 30, 2016 to
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Toggle Summary Rayonier Advanced Materials Schedules Second Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 13, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2016 earnings on Monday, August 1, 2016 , after the market closes. Rayonier Advanced Materials will host a conference call and live webcast on Tuesday, August 2,
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Toggle Summary New Lignin Operation in Florida in Final Phase of Approval
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 28, 2016-- Borregaard (BRG) and Rayonier Advanced Materials (RYAM) have concluded a market, technical and engineering analysis regarding a new lignin operation at RYAM’s Fernandina Beach site in Florida to serve the growing demand for natural lignin-based
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Toggle Summary Rayonier Advanced Materials Announces Second Quarter 2016 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--May 24, 2016-- 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 corporation. The dividend is payable on June 30, 2016 to
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Toggle Summary Rayonier Advanced Materials Reports Solid First Quarter Results
Q1 2016 pro forma EBITDA of $54 million Transformation initiative targeting $75 to $90 million cost reduction on-track 2016 pro forma EBITDA outlook raised by $10 million to $185 to $200 million 2016 Adjusted free cash flow outlook raised to $85 to $95 million JACKSONVILLE, Fla.
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Toggle Summary Rayonier Advanced Materials Schedules First Quarter Earnings Release
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Apr. 13, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2016 earnings on Monday, May 2, 2016 , after the market closes. Rayonier Advanced Materials will host a conference call and live webcast on Tuesday, May 3, 2016 , at
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Toggle Summary Rayonier Advanced Materials Announces Contract Extension with Daicel
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Mar. 17, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company amended its existing agreement with Daicel Corporation , its third largest customer, and extended the term of the agreement through calendar year 2018.
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Toggle Summary Rayonier Advanced Materials Announces First Quarter 2016 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 26, 2016-- 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 corporation. The dividend is payable on March 31, 2016 to
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Toggle Summary Rayonier Advanced Materials Reports Full Year and Fourth Quarter Results
Announces Three-Year Transformation Initiative to Improve Cost Structure Full year pro forma EBITDA of $238 million exceeds guidance Adjusted free cash flow for 2015 of $124 million , an $11 million improvement from 2014 2016 EBITDA expected to be $175 to $190 million JACKSONVILLE, Fla.
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Toggle Summary Rayonier Advanced Materials Scheduled to Release Fourth Quarter Earnings on February 2
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jan. 11, 2016-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2015 earnings on Monday, February 1, 2016 , after the market closes. Rayonier Advanced Materials will host a conference call and live webcast on Tuesday, February
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Toggle Summary Rayonier Advanced Materials Announces New Contract with Eastman Chemical
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Dec. 1, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company and Eastman Chemical Company , its largest customer, have settled their legal dispute and entered into a new cellulose specialties purchase and sale agreement that
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Toggle Summary Rayonier Advanced Materials Reports Third Quarter Results
Raises 2015 pro forma EBITDA guidance to approximately $230 million Continues progress toward $40 million cost-reduction initiative Reduces net debt by $86 million through first nine months and $136 million since separation JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct.
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Toggle Summary Rayonier Advanced Materials Elects Charles E. Adair to its Board of Directors
JACKSONVILLE,Fla.--(BUSINESS WIRE)--Oct. 19, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that Charles Edward (Eddie) Adair has been elected to its Board of Directors, effective immediately. Adair has been a Partner of venture capital management companies Cordova Ventures and
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Toggle Summary Rayonier Advanced Materials Announces Fourth Quarter 2015 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 16, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $0.07 per share of common stock of the corporation. The dividend is payable on Dec.
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Toggle Summary Rayonier Advanced Materials Scheduled to Release Third Quarter Earnings on October 29
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 7, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2015 earnings on Thursday, October 29, 2015 , before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 10 a.m.
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Toggle Summary Rayonier Advanced Materials Announces Major Contract Extension
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Sep. 23, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that, on Sept. 18 , the Company amended its existing agreement with Nantong Cellulose Fibers Company (NCFC), its second largest customer, and extended the term of the agreement through
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Toggle Summary Rayonier Advanced Materials Provides Additional Information Regarding Recent 8-K Filing
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Aug. 19, 2015-- After the market close on August 18, 2015 , Rayonier Advanced Materials (NYSE:RYAM) filed an 8-K with the Securities and Exchange Commission discussing a lawsuit filed in Georgia state court for a declaratory judgment confirming the meaning of
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Toggle Summary Rayonier Advanced Materials Reports Second Quarter Results
Reiterates 2015 pro forma EBITDA guidance of $210 to $225 million Substantial progress on 2015 net debt and cost-reduction initiatives Announces strategic repositioning JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 30, 2015-- Rayonier Advanced Materials Inc.
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Toggle Summary Rayonier Advanced Materials Announces Strategic Repositioning
Improves cost position at Jesup, Georgia facility Reduces cellulose specialties capacity by 190,000 tons or 28 percent Reinvigorates commitment to fluff products with capacity increase of 11 percent JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 30, 2015-- Rayonier Advanced Materials Inc.
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Toggle Summary Rayonier Advanced Materials Announces Third Quarter 2015 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 17, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a third quarter cash dividend of $0.07 per share of common stock of the corporation. The dividend is payable on September 30, 2015 to
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Toggle Summary Rayonier Advanced Materials Scheduled to Release Second Quarter Earnings on July 30
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 14, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2015 earnings on Thursday, July 30, 2015 , before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 2 p.m.
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Toggle Summary Rayonier Advanced Materials Announces Lignin Partnership Plans with Borregaard ASA
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 1, 2015-- Rayonier Advanced Materials (NYSE:RYAM) announced today that it has entered into a non-binding letter of intent (LOI) with Borregaard ASA to form a joint venture (JV) at its Fernandina Beach facility for the manufacturing, marketing and sale of
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Toggle Summary Rayonier Advanced Materials Announces Second Quarter 2015 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--May 15, 2015-- 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 corporation. The dividend is payable on June 30, 2015 to
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Toggle Summary Rayonier Advanced Materials Reports First Quarter Results
Raising 2015 EBITDA guidance to $210 to $225 million On track to achieve annualized cost savings of approximately $40 million Full year cellulose specialties volumes comparable to 2014/2013 $32 million reduction in net debt during the first quarter JACKSONVILLE, Fla.
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Toggle Summary Rayonier Advanced Materials Scheduled to Release First Quarter Earnings on May 1
JACKSONVILLE, Fla., April 10, 2015 – Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2015 earnings on Friday, May 1, 2015, before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 9 a.m.
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Toggle Summary Rayonier Advanced Materials Announces First Quarter 2015 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Feb. 27, 2015-- 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 corporation. The dividend is payable on March 31, 2015 to
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Toggle Summary Rayonier Advanced Materials Reports Fourth Quarter and Full Year 2014 Results
Pro forma EBITDA for the year was $267 million , in line with guidance Adjusted free cash flow for the second half of 2014 was $61 million Net debt reduced to $880 million from $930 million at time of separation Company announces $40 million in cost cutting initiatives for 2015 2015 EBITDA expected
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Toggle Summary Rayonier Advanced Materials Scheduled to Release Fourth Quarter Earnings on January 28
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jan. 5, 2015-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2014 earnings on Wednesday, January 28, 2015 , before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 10 a.m.
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Toggle Summary Rayonier Advanced Materials Consolidates Management Positions
CFO, Corporate Development and Strategic Planning Combined into Single Role JACKSONVILLE, Fla. --(BUSINESS WIRE)--Nov. 28, 2014-- Rayonier Advanced Materials (NYSE:RYAM) announced today that it had consolidated its senior management position of chief financial officer with corporate development and
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Toggle Summary Rayonier Advanced Materials Reports Solid Third Quarter Results
Reaffirms Full Year Guidance Extends Significant Customer Contract Focuses on Initiatives that Drive Growth and Profitability JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 29, 2014-- Rayonier Advanced Materials (NYSE:RYAM) today reported third quarter 2014 net income of $19 million , or $0.46 per
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Toggle Summary Rayonier Advanced Materials Announces Fourth Quarter 2014 Dividend
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 17, 2014-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the company’s board of directors has declared a fourth quarter cash dividend of $0.07 per share of common stock of the corporation. The dividend is payable on Dec.
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Toggle Summary Rayonier Advanced Materials Scheduled to Release Third Quarter Earnings on October 29
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Oct. 1, 2014-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2014 earnings on Wednesday, October 29, 2014 , before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 10 a.m.
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Toggle Summary Rayonier Advanced Materials Hires Thomas Benner to Lead Performance Fibers’ Commercial Operations
Specialty Chemicals Veteran to Lead Sales, Marketing, Strategic Sourcing and R&D Efforts JACKSONVILLE, Fla. --(BUSINESS WIRE)--Sep. 15, 2014-- Rayonier Advanced Materials (NYSE:RYAM) announced today that Thomas Benner is joining the company as Senior Vice President, Commercial, effective October 6
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Toggle Summary Jack Kriesel to Retire from Rayonier Advanced Materials
Concludes 36-year Career with the Company JACKSONVILLE, Fla. --(BUSINESS WIRE)--Sep. 8, 2014-- Rayonier Advanced Materials (NYSE:RYAM) today announced that after more than 36 years with the company, Jack Kriesel , Senior Vice President, Advanced Materials plans to retire effective December 31 .
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Toggle Summary Rayonier Advanced Materials CEO to Present at KeyBanc Capital Markets® Basic Materials & Packaging Conference
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Sep. 4, 2014-- Rayonier Advanced Materials (NYSE:RYAM) chairman, president and CEO, Paul Boynton , will present at the KeyBanc Capital Markets® Basic Materials & Packaging Conference in Boston on Tuesday, September 9, 2014 , at 3:00 p.m. EDT . Mr.
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Toggle Summary Rayonier Advanced Materials Reports Second Quarter Results
Toggle Summary Rayonier Advanced Materials Announces Third Quarter 2014 Dividend
Toggle Summary Rayonier Advanced Materials Scheduled to Release Second Quarter Earnings on July 30
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jul. 10, 2014-- Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2014 earnings on Wednesday, July 30, 2014 , before the market opens. Rayonier Advanced Materials will host a conference call and live webcast at 10 a.m.
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Toggle Summary Rayonier Advanced Materials Celebrates Launch as Independent Company
Toggle Summary Separation of Rayonier Advanced Materials Expected to Close June 27
Toggle Summary Rayonier CEO to Provide Update on Planned Spin-Off of Rayonier Advanced Materials
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 10, 2014-- Rayonier (NYSE:RYN) chairman, president and CEO, Paul Boynton , will provide an update on the planned spin-off of Rayonier’s Performance Fibers business, to be known as Rayonier Advanced Materials upon separation.
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Toggle Summary Rayonier Names Benson Woo Post-Separation CFO for Rayonier Advanced Materials
Accomplished Financial Executive Will Serve as Chief Accounting Officer of Rayonier Inc. Until Its Upcoming Separation into Two Industry-Leading Companies JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 6, 2014-- Rayonier (NYSE:RYN) today announced the appointment of Benson K.
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Toggle Summary Rayonier Announces Boards of Directors for Rayonier Inc. and Rayonier Advanced Materials Following Separation
JACKSONVILLE, Fla. --(BUSINESS WIRE)--May 30, 2014-- Rayonier (NYSE:RYN) today announced the members of the boards of directors for Rayonier Inc. and Rayonier Advanced Materials Inc. following completion of Rayonier’s previously announced separation of its Performance Fibers business, which will be
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Toggle Summary Rayonier Board of Directors Approves Separation of Rayonier Advanced Materials
Board Approves Distribution of Rayonier Advanced Materials Stock JACKSONVILLE, Fla. --(BUSINESS WIRE)--May 27, 2014-- Rayonier Inc. (NYSE:RYN) today announced that its Board of Directors has approved the separation of its Performance Fibers business, which will be known as Rayonier Advanced
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Toggle Summary Separation of Rayonier Advanced Materials on Track for Mid-2014
Recruitment of New Directors for Both Companies and New Rayonier CEO Nearing Completion; CFO Transition Announced JACKSONVILLE, Fla. --(BUSINESS WIRE)--Apr. 28, 2014-- Rayonier Inc. (NYSE:RYN) today announced updates on the planned separation of its performance fibers business from its forest
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Toggle Summary Rayonier Hires Frank Ruperto to Lead Performance Fibers Growth Strategy
JACKSONVILLE, Fla. --(BUSINESS WIRE)--Mar. 11, 2014-- Rayonier (NYSE:RYN) announced today that Frank A. Ruperto is joining the company as Senior Vice President, Corporate Development and Strategic Planning, effective March 31 , to assist the company with achieving its future growth priorities.
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Toggle Summary Rayonier Announces Plan to Separate into Two Industry-Leading Public Companies
Performance Fibers Business to be Spun Off as Independent Company Rayonier to Retain Forest Resources and Real Estate Businesses JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jan. 27, 2014-- Rayonier Inc. (NYSE:RYN) announced today it intends to separate its Performance Fibers business from its Forest
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