Rayonier Advanced Materials Inc. (RYAM) is a leading global supplier of high-purity, cellulose specialties products, a natural polymer for the chemical industry. It also delivers innovative solutions to sectors like pharmaceuticals, foods, and electronics. The company's sales and manufacturing facilities stretch across the globe enabling RYAM to serve customers in over 35 countries.
Founded in 1926 and headquartered in Jacksonville, Florida, RYAM has proven to be a significant player in the industry with a long-standing reputation for quality and technical expertise. The primary focus of the company lies in producing high-yield pulp and paperboard. However, it also has a thriving performance fibers business, producing and marketing high-value specialty products used in various end-use applications.
The distinguishing aspect of Rayonier Advanced Materials is their scientific expertise. The company invests heavily in research and development to engineer materials that outperform and even replace traditional materials on the market. Their high-yield pulps, for instance, are used to make paper products brighter, stronger and more durable.
In recent years, the company has been involved in several strategic acquisitions to expand its footprint in the high purity cellulose sector. In 2017, RYAM purchased Canadian company Tembec Inc., increasing its annual production of performance fibers by a staggering 50 percent.
From a sustainability perspective, RYAM has committed to environmentally-friendly practices. The firm uses only trees from certified, sustainably managed forests, and is part of the Sustainable Forestry Initiative, an internationally recognized program that promotes responsible forestry practices.
Economically, RYAM has shown resilience despite the challenges brought by various market changes and economic downturns. It operates on the New York Stock Exchange under the ticker symbol RYAM, and has consistently paid dividends to its shareholders for several decades, demonstrating its commitment to returning value to its investors.
In short, RYAM is a reputable company with a global reach, delivering high quality products whilst pushing the boundaries of material science and responsible forestry.