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US' RYAM Jesup facility quickly restores operations after fire

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Rayonier Advanced Materials Inc. (NYSE: RYAM) announced its Jesup, Georgia facility has resumed full operations ahead of schedule after an October 11 fire.
CEO De Lyle Bloomquist praised the team's efforts to restore production swiftly.
The company is assessing financial impacts, including insurance recoveries, and will update on its third-quarter earnings call on November 6.

Rayonier Advanced Materials Inc. (NYSE: RYAM) ("RYAM"), 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.

Rayonier Advanced Materials Inc. (NYSE: RYAM) announced its Jesup, Georgia facility has resumed full operations ahead of schedule after an October 11 fire. CEO De Lyle Bloomquist praised the team's efforts to restore production swiftly. The company is assessing financial impacts, including insurance recoveries, and will update on its third-quarter earnings call on November 6.

Note: The content of this press release has not been edited by SBS Zipper staff.

SBS Zipper News Desk (RM)

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