North America

RYAM temporarily idles Quebec paperboard and pulp operations

9 October, 2023

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Three-week pause for inventory optimization and demand adjustment

 

 

{reg}Rayonier Advanced Materials (NYSE: RYAM) has announced a temporary idling of its Témiscaming Paperboard operation and one of its High-Yield Pulp lines for three weeks, starting on October 7. This move aims to optimize inventory levels and address lower-than-anticipated demand while assuring customers that their orders will remain unaffected.

The Témiscaming mill, situated in Quebec, Canada, specializes in the production of high-purity cellulose, high-yield pulp, and coated paperboard. Notably, its operations are powered by carbon-neutral hydroelectricity, and it boasts an on-site renewable biomass power generation system that contributes renewable energy to the Hydro Quebec grid.

Employing approximately 700 individuals, the mill plays a vital role in the region's pulp and paper industry. This temporary idling aligns with the company's efforts to maintain operational efficiency in response to market dynamics.

While this decision reflects a proactive approach to managing resources and demand, it underscores RYAM's commitment to fulfilling customer orders without disruption. It also highlights the sustainability initiatives implemented at the Témiscaming mill, emphasizing the role of renewable energy sources in its operations.

RYAM's strategic pause in production is a measured response to current market conditions, allowing the company to navigate inventory levels and demand fluctuations effectively. This approach ensures continued operational sustainability while addressing short-term challenges.[/reg]

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