Rayonier Advanced Materials Inc
NYSE:RYAM
Rayonier Advanced Materials Inc
Rayonier Advanced Materials, Inc. engages in the production and sale of cellulose products, which is a natural polymer commonly used in the production of cellphones and computer screens, filters, and pharmaceuticals. The company is headquartered in Jacksonville, Florida and currently employs 2,500 full-time employees. The company went IPO on 2014-06-16. The Company’s offering includes cellulose specialties, a natural polymer commonly used in the production of specialty chemicals and polymers for use in producing liquid crystal displays, filters, textiles and performance additives for pharmaceutical, food and other industrial applications. The firm produce lightweight paperboard and a bulky, high-yield pulp for use in consumer products. The firm also produces cellulose specialties to use both hardwood and softwood fibers, kraft and sulfite cooking processes, and a variety of chemical treatments to provide customized product functionality. The firm also manufactures paperboard in the Temiscaming plant in Quebec, Canada. The paperboard is used for printing documents, brochures, promotional materials, packaging, paperback book or catalog covers, file folders, tags, and tickets.
Rayonier Advanced Materials, Inc. engages in the production and sale of cellulose products, which is a natural polymer commonly used in the production of cellphones and computer screens, filters, and pharmaceuticals. The company is headquartered in Jacksonville, Florida and currently employs 2,500 full-time employees. The company went IPO on 2014-06-16. The Company’s offering includes cellulose specialties, a natural polymer commonly used in the production of specialty chemicals and polymers for use in producing liquid crystal displays, filters, textiles and performance additives for pharmaceutical, food and other industrial applications. The firm produce lightweight paperboard and a bulky, high-yield pulp for use in consumer products. The firm also produces cellulose specialties to use both hardwood and softwood fibers, kraft and sulfite cooking processes, and a variety of chemical treatments to provide customized product functionality. The firm also manufactures paperboard in the Temiscaming plant in Quebec, Canada. The paperboard is used for printing documents, brochures, promotional materials, packaging, paperback book or catalog covers, file folders, tags, and tickets.
EBITDA Guidance Lowered: Full-year 2025 adjusted EBITDA guidance was reduced to $135–140 million, down from the previous $150–160 million range, mainly due to proactive production downtime and ongoing market weakness.
Operational Challenges Stabilizing: Management reported that earlier operational challenges, particularly at Tartas, are stabilizing, with most key technical positions now filled and operations at Jesup and Fernandina performing to expectations.
Pricing Reset Planned: RYAM is targeting a significant price reset for Cellulose Specialties in 2026 to recapture value lost to inflation, noting pricing must increase by multiples above inflation to sustain the business long-term.
Temiscaming Turnaround: Efforts are underway to return the Temiscaming site to profitability through cost reductions, operational improvements, and new product development, with plans to divest after USMCA review in mid-2026.
Biomaterials Project Progress: RYAM advanced several high-return biomaterials projects, including a green energy venture and bioethanol plant, expecting strong EBITDA contributions and high ROIs from minimal capital investment.
Balance Sheet & Liquidity: Ended Q3 with $140 million in liquidity and a net secured leverage ratio of 4.1x; working capital pressures are expected to ease in Q4, with positive free cash flow forecasted.
Industry Tailwinds: Trade and tariff conditions are stabilizing, capacity reductions have tightened markets, and management expects continued improvement in pricing power and margins.
