August 16, 2022

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Rayonier Innovative Products Announces Interim Management Improvements in its Significant Purity Cellulose and Pulp Companies

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JACKSONVILLE, Fla.–(Business WIRE)–Rayonier Innovative Materials Inc. (NYSE:RYAM) (the “Company”) declared adjustments to the administration framework in its Superior Purity Cellulose segment and Pulp company. Dr. Christoph Koenig will assume accountability for all Significant Purity Cellulose sales, while Tomas Fernandez will suppose responsibility for advertising and client services, sustainability, significant yield pulp and lignin revenue, research and development, and other strategic advancement initiatives.

Dr. Christoph Koenig and Tomas Fernandez every carry over 25 years of encounter in business leadership, sales and investigation and growth in the specialty chemical industry. Dr. Koenig joined Rayonier State-of-the-art Components in 2020 just after a 15-calendar year job at Albemarle, where he most recently held positions of Global Company Director and Worldwide Revenue Director in the Catalysts company unit. Prior to Albemarle, he labored for Felix Boettcher, a supplier to the printing field in Germany. Dr. Koenig earned his PhD from University of Cologne in Organic Chemistry. Mr. Fernandez joined the Enterprise in 2018 right after doing the job with Albemarle as the Worldwide Organization Unit Chief in their Effectiveness Catalyst Alternatives Company and for 18 many years with the Dow Chemical Organization. He also beforehand labored for W.R. Grace and Hilti. Mr. Fernandez attained his diploma in Chemical Engineering from Texas A&M University and an Government MBA from Rice University.

“Christoph and Tomas bring sturdy monitor records of foremost sales and R&D in our industry. I am self-confident we will have a seamless changeover and we will keep on to present excellent support to our shoppers,” claimed Paul Boynton, President and Main Executive Officer. “We thank Frank for primary the High Purity Cellulose and Pulp enterprise above the past 18 months and efficiently concluding the once-a-year Cellulose Specialties negotiations, additionally his prior 5 years of assistance as our Main Fiscal Officer.”

About Rayonier Highly developed Products

Rayonier Highly developed Products is a worldwide chief of cellulose-based mostly systems, like substantial purity cellulose specialties, a normal polymer typically observed in filters, foods, pharmaceuticals and other industrial programs. The Company also manufactures items for lumber, paper and packaging marketplaces. With manufacturing operations in the U.S., Canada and France, Rayonier Sophisticated Products employs just above 4,000 people and generates around $1.8 billion of revenues. Extra data is obtainable at www.rayonieram.com.

Ahead-Searching Statements

Selected statements in this document about expected money, company, legal or other outcomes which includes business and market place ailments, outlook and other similar statements relating to Rayonier Innovative Materials’ long term gatherings, developments, or fiscal or operational overall performance or effects, are “forward-seeking statements” built pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995 and other federal securities legislation. These ahead-wanting statements are discovered by the use of words this kind of as “may,” “will,” “should,” “expect,” “estimate,” “believe,” “intend,” “forecast,” “anticipate,” “guidance,” and other similar language. Nevertheless, the absence of these or identical terms or expressions does not mean a statement is not forward-looking. When we believe these ahead-hunting statements are sensible when made, ahead-wanting statements are not ensures of potential functionality or situations and undue reliance must not be put on these statements. Whilst we believe the anticipations reflected in any ahead-looking statements are dependent on sensible assumptions, we can give no assurance these anticipations will be attained and it is doable actual outcomes may possibly vary materially from these indicated by these forward-looking statements thanks to a variety of threats and uncertainties.

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