Ryam to suspend temiscaming high purity cellulose plant operations for an indefinite period

Jacksonville, fla.--(business wire)--rayonier advanced materials inc. (nyse: ryam) is announcing that, effective july 2, 2024, it will suspend operations at its temiscaming high purity cellulose (hpc) plant for an indefinite period. as previously communicated, the company remains committed to operating its assets profitably. given current market conditions and high capital and fixed costs associated with the hpc plant, this decision will help mitigate the plant's ongoing operating losses and im.
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