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. 31, 2015 to stockholders of record on Dec. 17, 2015.
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading global supplier of
high-purity, cellulose specialties natural polymers for the chemical
industry. Working closely with its customers, the Company engineers
natural polymeric chemical chains to create dozens of customized
high-purity performance fibers at its plants in Florida and Georgia.
Rayonier Advanced Materials' intellectual property and manufacturing
processes have been developed over 85 years, resulting in unique
properties and very high quality and consistency. The Company’s
facilities can produce up to 675,000 metric tons of cellulose
specialties products annually for use in a wide range of industrial and
consumer products such as filters, cosmetics and pharmaceuticals. Upon
completion of the previously announced strategic realignment of assets
in Jesup, the Company's facilities will have the capacity to produce
approximately 485,000 tons of cellulose specialties and approximately
245,000 tons of commodity products. Rayonier Advanced Materials is
consistently ranked among the nation’s top 50 exporters and delivers
products to 79 ports around the world, serving customers in 20 countries
across five continents. More information is available at www.rayonieram.com.
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Source: Rayonier Advanced Materials Inc.
Rayonier Advanced Materials Inc.
Mickey Walsh, 904-357-9162