Ryam and granbio sign mou to explore cellulosic saf project at jesup facility

Jacksonville, fla.--(business wire)--rayonier advanced materials inc. (nyse: ryam) (the “company” or “ryam”), the global leader in cellulose specialty products, announced today the signing of a memorandum of understanding (mou) with granbio llc, a pioneer in biochemicals and biofuels, to jointly explore the development of a small-scale commercial cellulosic sustainable aviation fuel (saf) facility co-located at ryam's jesup, georgia site. under the agreement, granbio will lead the proposed proj.
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