Rayonier Advanced Materials Inc. (RYAM) announced that, effective immediately, it will increase prices for its Cellulose Specialties products by up to 10%, depending on product grade, as contracts allow. This increase is driven by market dynamics, cost inflation, and other economic drivers.
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.