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Mon, Nov 11, 2024 09:29
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Management Side
Rayonier Advanced Materials' (RYAM) Jesup Facility Resumes Full Production Ahead of Schedule

JACKSONVILLE, Fla. (News release) -- Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, today announced that its Jesup, Georgia facility has fully resumed operations ahead of schedule, following an isolated fire on October 11. All production lines have returned to producing on-grade material at full capacity.

"We are pleased to report that our Jesup facility is back to full production," said De Lyle Bloomquist, President and Chief Executive Officer of RYAM. "Our dedicated teams worked tirelessly to restore operations quickly and safely, ensuring we continue to meet the needs of our customers."

The Company continues to assess the financial impact of the incident, including potential insurance recoveries, and will provide further updates during its third-quarter earnings call on November 6.

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