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RYAM to Temporarily Idle Production at its Paperboard and High-Yield Pulp Operations in Quebec

Rayonier Advanced Materials

Oct. 6, 2023 - Rayonier Advanced Materials (NYSE: RYAM) 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.

Customer orders will not be affected, the company said.

The Témiscaming mill, which is located in Quebec, Canada, produces high-purity cellulose, high-yield pulp, and coated paperboard. Its operations are powered by carbon-neutral hydroelectricity, and a renewable biomass power generation system on-site, which produces renewable energy for the Hydro Quebec grid.

The mill employs around 700 people.

RYAM is a global leader of cellulose-based technologies, including high purity cellulose specialties, a natural polymer commonly found in filters, food, pharmaceuticals, and other industrial applications. The Company also manufactures products for paper and packaging markets.

SOURCE: Rayonier Advanced Materials Inc. (RYAM)

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