RYAM's Tartas Plant Successfully Ships Inaugural Truckload of 2G Bioethanol
16 Avril 2024 - 10:15PM
Business Wire
Rayonier Advanced Materials Inc. (NYSE:RYAM) is pleased to
announce the successful shipment of our first production of 2G
bioethanol from our Tartas plant, following two years of rigorous
research, development, construction, and planning.
“We take great pride in achieving this significant milestone of
completing the inaugural shipment of 2G bioethanol. This marks the
first step in what I envision as a promising journey for this
product and its implications for RYAM's biomaterials endeavors,”
said De Lyle Bloomquist RYAM’s President and Chief Executive
Officer. “By harnessing the distinct capabilities of RYAM's Tartas
plant alongside the expertise of our committed employees, I
anticipate a steady increase in production and a surge in interest
for our sustainable 2G bioethanol.”
“After two years of dedicated effort from all our teams involved
in this project, we are thrilled to announce the successful first
delivery of 2G bioethanol to our commercial partner," declared
Christian Ribeyrolle, Senior Vice President of Biomaterials at
RYAM. "As the inaugural Ligno Cellulosic 2G bioethanol plant in
France, we are proud to actively engage in reducing greenhouse gas
emissions from road transportation, thereby making a positive
impact on combating climate change.”
About RYAM
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. The Company also manufactures
products for paper and packaging markets. With manufacturing
operations in the U.S., Canada, and France, RYAM generated an
estimated $1.6 billion of revenue in 2023. More information is
available at www.RYAM.com.
Forward-Looking Statements
Certain statements in this document regarding anticipated
financial, business, legal, or other outcomes, including business
and market conditions, outlook, and other similar statements
relating to Rayonier Advanced Materials’ or future or expected
events, developments, or financial or operational performance or
results, are "forward-looking statements" made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995 and other federal securities laws. These forward-looking
statements are identified by the use of words such as "may,"
"will," "should," "expect," "estimate," "believe," "intend,"
"anticipate," and other similar language. However, the absence of
these or similar words or expressions does not mean that a
statement is not forward-looking. While we believe these
forward-looking statements are reasonable when made,
forward-looking statements are not guarantees of future performance
or events, and undue reliance should not be placed on these
statements. Although we believe the expectations reflected in any
forward-looking statements are based on reasonable assumptions, we
can give no assurance that these expectations will be attained. It
is possible that actual results may differ materially from those
indicated by these forward-looking statements due to a variety of
risks and uncertainties.
Other important factors that could cause actual results or
events to differ materially from those expressed in forward-looking
statements that may have been made in this document are described
or will be described in our filings with the U.S. Securities and
Exchange Commission, including our Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q. Rayonier Advanced Materials assumes
no obligation to update these statements except as is required by
law.
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