JACKSONVILLE, Florida and TEMISCAMING, Quebec — Rayonier Advanced Materials (RYAM) annouced that, effective July 2, 2024, it will suspend operations at its Temiscaming High Purity Cellulose (HPC) plant for an indefinite period… given current market conditions and high capital and fixed costs associated with the HPC plant. …The Temiscaming HPC facility has an annual production capacity of approximately 150,000 metric tons, with roughly 30% historically dedicated to specialty cellulose materials. The announcement will result in approximately 275 layoffs. “Persistent market weakness, uncertain availability of affordable wood fiber, and high capital and fixed costs have posed significant challenges for the Temiscaming HPC plant,” said CEO De Lyle Bloomquist. …This decision does not affect RYAM’s paperboard and high-yield pulp plants located adjacent to the Temiscaming HPC plant. These two plants, which are part of an ongoing sales process announced last October, remain competitive and will continue to operate at full capacity.

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