RYAM's Jesup Plant Resumes Operations Ahead of Schedule

Power has been fully restored to the site, and the company has successfully restarted its A Line production line ahead of schedule.

The A Line, responsible for manufacturing cellulose specialties used in filtration, food and pharmaceuticals, and tire cord applications, is currently operating at around 80% capacity. RYAM anticipates a full ramp-up to pre-incident production levels within the next week.

While repairs on the B Line are ongoing, RYAM expects to have it back in operation by October 28th. The company is currently evaluating the financial impact of the incident and potential insurance coverage. They will provide a more detailed financial update during their third-quarter earnings call scheduled for early November.

RYAM is a global leader of cellulose-based technologies, including high purity cellulose specialties, a natural polymer commonly used in the production of filters, food, pharmaceuticals and other industrial applications. RYAM’s specialized assets, capable of creating the world’s leading high purity cellulose products, are also used to produce biofuels, bioelectricity and other biomaterials such as bioethanol and tall oils. The Company also manufactures products for paper and packaging markets. With manufacturing operations in the U.S., Canada and France, RYAM generated  $1.6 billion of revenue in 2023. More information is available at www.RYAM.com.