Rayonier Advanced Materials Inc (NYSE:RYAM)

Rayonier Advanced Materials, Inc. engages in the production and sale of cellulose products, which is a natural polymer commonly used in the production of cellphones and computer screens, filters, and pharmaceuticals. It operates through the following segments: High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate. The High Purity Cellulose segment manufactures and markets high purity cellulose, which is sold as either cellulose specialties or commodity products in U.S., Canada, and France. The Paperboard segment is composed of paperboard, which is used for printing documents, brochures, promotional materials, packaging, paperback book or catalog covers, file folders, tags, and tickets. The High-Yield Pulp segment is involved in the production of pulp and newsprint in Canada. The Corporate segment consists of the senior management, accounting, information systems, human resources, treasury, tax, and legal administrative functions that provide support services to the operating business units. The company was founded in 1926 and is headquartered in Jacksonville, FL.