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JACKSONVILLE - Rayonier Advanced Materials Inc. (NYSE:RYAM), a specialty materials company with a market capitalization of $512.56 million, introduced a new Enhanced Freezer Application for folding carton board designed specifically for the frozen food packaging market, according to a press release statement. According to InvestingPro data, the company has shown strong momentum with a 53.61% price return over the past six months.
The new product, developed at the company’s Temiscaming facility, is engineered to withstand temperatures as low as -18°C (0°F) while maintaining structural integrity and resisting delamination in freezer conditions. The company states the product offers natural resistance to moisture and condensation without requiring additional coatings or plastic extrusion. This innovation comes as RYAM faces challenges with gross profit margins of 8.44%, as reported in InvestingPro’s detailed financial analysis.
"It empowers converters with a freezer-ready solution that performs reliably while remaining easy to convert," said Ken Duffy, Senior Vice President, Paperboard and High Yield Pulp, in the statement.
The product is part of RYAM’s Kallima folding grade line and is marketed as suitable for various frozen food applications including ready meals and protein trays. According to the company, the carton board is made from responsibly sourced, certified forest fiber.
RYAM, which describes itself as a global leader in cellulose-based technologies, manufactures cellulose specialties used in filters, food, pharmaceuticals and other industrial applications. The company operates manufacturing facilities in the U.S., Canada and France, and reported revenue of $1.6 billion in 2024.
The announcement comes as the frozen food market continues to expand globally, driven by consumer demand for convenience products with extended shelf life. While RYAM’s latest revenue stands at $1.52 billion, InvestingPro analysis reveals multiple additional insights about the company’s financial health and market position, available through their comprehensive Pro Research Report, which provides deep-dive analysis of over 1,400 US stocks.
In other recent news, Rayonier Advanced Materials reported its Q2 2025 earnings, revealing a significant earnings per share (EPS) miss. The company posted an EPS of -$5.44, which was far below the forecasted -$0.23, resulting in a surprise of 2265.22%. Revenue for the quarter was $340 million, missing the forecast of $387.07 million by 12.16%. Additionally, Rayonier Advanced Materials, in collaboration with the United Steel Workers union, filed antidumping and countervailing duty petitions against Brazil and Norway. The petitions allege unfair trade practices in High Purity Dissolving Pulp imports, with dumping margins estimated as high as 168 percent for Brazil and 226 percent for Norway. In personnel changes, Gabriela Garcia resigned as the Chief Accounting Officer, effective October 10, 2025, with Jared Rollins set to assume her roles. Rollins has been with the company since the 2014 spinoff and was previously Vice President of Financial Planning and Analysis. These developments highlight significant shifts and challenges for Rayonier Advanced Materials.
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