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Rayonier Advanced Materials Inc (RYAM.N)

RYAM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tembec reports preliminary results of consideration elections related to Rayonier​ transaction
Tuesday, 14 Nov 2017 08:58am EST 

Nov 14 (Reuters) - Rayonier Advanced Materials Inc ::Tembec Inc - ‍announces preliminary results of consideration elections in connection with transaction with Rayonier​.Tembec - ‍shareholders representing 1.6 million Tembec shares elected to receive per share cash amount.Tembec - shareholders representing 67.9 million Tembec shares elected to receive per share stock consideration​.  Full Article

Rayonier Advanced Materials reports Q3 earnings per share $0.28
Wednesday, 1 Nov 2017 04:20pm EDT 

Nov 1 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials Inc reports third quarter 2017 results.Q3 pro forma earnings per share $0.18.Q3 earnings per share $0.28.Q3 sales $210 million versus I/B/E/S view $210.6 million.Q3 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Rayonier Advanced Materials Inc - ‍full year projected net income and pro forma EBITDA now anticipated to be about $25 million and $180 million, respectively​.Rayonier Advanced Materials Inc - ‍on-track for $30 million of cost transformation improvements in 2017 with $23 million achieved year-to-date​.  Full Article

Rayonier sees lower 2017 sales volumes for cellulose specialties products
Friday, 20 Oct 2017 09:02am EDT 

Oct 20 (Reuters) - Rayonier Advanced Materials Inc :Rayonier - ‍due to "operational upset" at a customer, sales volumes in 2017 for cellulose specialties products expected to be lower than expected​.Rayonier - ‍company believes impact from "operational upset​" to be limited to Q4 of 2017.Rayonier - ‍impact to revenue estimated to be between $15- $30 million, or about 3 percent of expected FY revenues from operational upset​.  Full Article

Rayonier Advanced Materials expects $12 mln pro forma EBITDA impact from Irma
Tuesday, 19 Sep 2017 04:15pm EDT 

Sept 19 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials expects $7 million net income and $12 million pro forma EBITDA impact from Hurricane Irma.Rayonier Advanced Materials- Operations at Fernandina beach and Jesup facilities running at full capacity after shutdown of operations due to Hurricane Irma.Rayonier Advanced Materials- Forecasts FY net income of about $31 million,pro forma EBITDA at/slightly below bottom end of original $190 to $200 million guidance.  Full Article

Rayonier Advanced Materials announces restart of operations after Hurricane Irma
Tuesday, 12 Sep 2017 04:15pm EDT 

Sept 12 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials - ‍Beginning to restart core systems on Tuesday at Fernandina Beach, Fla., Jesup, Ga. Facilities.Rayonier Advanced Materials Inc - ‍Expects operations to be running at full production capacity by weekend​.  Full Article

Rayonier Advanced Materials temporarily suspends operations due to Hurricane Irma
Friday, 8 Sep 2017 04:15pm EDT 

Sept 9 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials Inc temporarily suspends operations due to Hurricane Irma.Rayonier Advanced Materials Inc - ‍ temporarily suspending operations beginning Sept 8 at Fernandina beach, fla. And jesup, Ga. Facilities.  Full Article

Rayonier and Tembec receive antitrust clearance from Competition Bureau of Canada
Friday, 18 Aug 2017 09:00am EDT 

Aug 18 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials and Tembec announce antitrust clearance from the Competition Bureau of Canada in connection with the transaction.Rayonier Advanced Materials Inc - ‍Subject to obtaining other necessary approvals, transaction will be completed in Q4 of 2017​.  Full Article

Rayonier Advanced Materials enters first restatement agreement to amend and restate credit agreement
Friday, 18 Aug 2017 06:28am EDT 

Aug 18 (Reuters) - Rayonier Advanced Materials Inc :On Aug 17 co entered first restatement agreement to amend and restate credit agreement, dated as of June 24, 2014​.Amended agreement will provide for $230 million U.S. Dollar-Denominated senior secured term A-1 loan facility.Amendment will provide for senior secured credit facilities comprised of $100 million senior secured revolving credit facility​.Amendment will provide for senior secured credit facilities of $150 million-senior secured revolving credit facility - SEC filing.Amended agreement will provide a $450 million u.s. Dollar-Denominated senior secured term a-2 loan facility - SEC filing.  Full Article

Rayonier Advanced Materials and Tembec announce antitrust clearance from Chinese Ministry Of Commerce in connection with the transaction
Friday, 11 Aug 2017 05:00pm EDT 

Aug 11 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials and Tembec announce antitrust clearance from Chinese Ministry Of Commerce in connection with the transaction.Tembec Inc - ‍expected that transaction will be completed in Q4 of 2017​.  Full Article

Rayonier Advanced Materials and Tembec announce approval from Superior Court Of Québec
Monday, 7 Aug 2017 10:27am EDT 

Aug 7 (Reuters) - Rayonier Advanced Materials Inc :Rayonier Advanced Materials and Tembec announce approval from Superior Court Of Québec in connection with transaction.It is expected that transaction with Tembec will be completed in Q4 of 2017.  Full Article

BRIEF-Tembec reports preliminary results of consideration elections related to Rayonier​ transaction

* Tembec Inc - ‍announces preliminary results of consideration elections in connection with transaction with Rayonier​