December 8, 2024

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Rayonier Highly developed Elements Announces Interim Administration Alterations in its Large Purity Cellulose and Pulp Organizations

Rayonier Highly developed Elements Announces Interim Administration Alterations in its Large Purity Cellulose and Pulp Organizations

JACKSONVILLE, Fla.–(Business enterprise WIRE)–Rayonier Highly developed Components Inc. (NYSE:RYAM) (the “Company”) introduced modifications to the management framework in its Significant Purity Cellulose section and Pulp company. Dr. Christoph Koenig will think responsibility for all Significant Purity Cellulose profits, whilst Tomas Fernandez will assume responsibility for advertising and marketing and consumer services, sustainability, large produce pulp and lignin product sales, study and progress, and other strategic development initiatives.

Dr. Christoph Koenig and Tomas Fernandez each bring about 25 decades of working experience in company leadership, product sales and exploration and improvement in the specialty chemical business. Dr. Koenig joined Rayonier Highly developed Components in 2020 after a 15-12 months job at Albemarle, the place he most recently held positions of Global Company Director and World Income Director in the Catalysts business unit. Prior to Albemarle, he labored for Felix Boettcher, a supplier to the printing business in Germany. Dr. Koenig earned his PhD from College of Cologne in Organic Chemistry. Mr. Fernandez joined the Organization in 2018 immediately after doing the job with Albemarle as the International Enterprise Unit Leader in their Functionality Catalyst Methods Business enterprise and for 18 many years with the Dow Chemical Organization. He also formerly labored for W.R. Grace and Hilti. Mr. Fernandez attained his diploma in Chemical Engineering from Texas A&M College and an Executive MBA from Rice University.

“Christoph and Tomas carry strong monitor information of leading revenue and R&D in our sector. I am self-assured we will have a seamless changeover and we will keep on to give excellent service to our prospects,” claimed Paul Boynton, President and Main Executive Officer. “We thank Frank for main the Higher Purity Cellulose and Pulp organization around the earlier 18 months and effectively concluding the yearly Cellulose Specialties negotiations, in addition his prior five decades of service as our Chief Fiscal Officer.”

About Rayonier Innovative Supplies

Rayonier Superior Elements is a world wide leader of cellulose-dependent systems, like large purity cellulose specialties, a normal polymer typically found in filters, meals, prescription drugs and other industrial programs. The Firm also manufactures items for lumber, paper and packaging marketplaces. With manufacturing operations in the U.S., Canada and France, Rayonier Innovative Supplies employs just about 4,000 people and generates approximately $1.8 billion of revenues. A lot more information and facts is accessible at www.rayonieram.com.

Ahead-Hunting Statements

Selected statements in this document pertaining to expected monetary, organization, lawful or other results which include business and sector problems, outlook and other identical statements relating to Rayonier State-of-the-art Materials’ upcoming functions, developments, or financial or operational effectiveness or outcomes, are “forward-hunting statements” built pursuant to the safe harbor provisions of the Non-public Securities Litigation Reform Act of 1995 and other federal securities guidelines. These ahead-wanting statements are determined by the use of terms these kinds of as “may,” “will,” “should,” “expect,” “estimate,” “believe,” “intend,” “forecast,” “anticipate,” “guidance,” and other equivalent language. However, the absence of these or comparable words and phrases or expressions does not signify a assertion is not ahead-looking. While we feel these forward-hunting statements are reasonable when made, ahead-on the lookout statements are not assures of upcoming overall performance or activities and undue reliance should not be positioned on these statements. While we believe the expectations mirrored in any ahead-seeking statements are dependent on sensible assumptions, we can give no assurance these anticipations will be attained and it is achievable real results may well differ materially from people indicated by these ahead-looking statements thanks to a variety of threats and uncertainties.

Rayonier Highly developed Elements Announces Interim Administration Alterations in its Large Purity Cellulose and Pulp Organizations