RYAM advances biomass project and Rayonier Advanced Materials stock gains 1.84 percent

Published on 10/02/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RYAM targets USD 8.00-10.00 million yearly from 2029. Rayonier Advanced Materials stock costs EUR 6.65 after EUR 6.53, plus 1.84 percent.

RYAM, US75508B1044, Illustration mit AI erstellt.

Rayonier Advanced Materials (ISIN US75508B1044) announced on October 1, 2026 that construction had begun on a 70-megawatt biomass cogeneration project at its Jesup, Georgia facility. Rayonier Advanced Materials stock was trading at EUR 6.65 at Lang & Schwarz on October 2, 2026 at 1:02 p.m. CEST, plus 1.84 percent versus the prior close of EUR 6.53.

Biomass project adds a new cash stream

As Yahoo Finance reported on October 1, 2026, RYAM partnered with Albioma and the Beasley Group on Altamaha Green Energy. The project will supply renewable electricity to Georgia Power under a long-term power purchase agreement and process steam to RYAM's Jesup facility.

RYAM expects annual distributions of USD 8.00-10.00 million once commercial operations begin in 2029. The company will retain an initial 14.00 percent equity interest and has an option to increase that holding to 16.00 percent, while the project is expected to reduce future capital spending by USD 30.00 million.

Revenue beats estimates, losses remain

For the second quarter of 2026, Rayonier Advanced Materials reported revenue of USD 376.14 million, compared with analyst estimates of USD 362.00 million, a 3.91 percent difference. According to MarketBeat on October 1, 2026, adjusted earnings per share were not identified; the company reported a loss of USD 0.30 per share against a consensus loss of USD 0.22 per share.

The result leaves the energy project as a long-term operational benefit rather than an immediate earnings solution. The latest quarterly data show operating profit of minus USD 6.34 million and net income of minus USD 32.69 million for the second quarter of 2026, while operating cash flow was USD 5.00 million.

Stock remains below its yearly high

RYAM's primary listing is on the NYSE. Its finance quote showed a USD 5.38 to USD 11.85 52-week range as of October 1, 2026, with a market capitalization of USD 495.0 million. The Lang & Schwarz price of EUR 6.65 therefore sits above the current-year low and below the upper end of the recorded range, although the currencies are not directly comparable.

The investment case now combines a measurable infrastructure benefit with continuing profitability pressure. The Altamaha project offers a defined distribution stream from 2029, while the second-quarter loss and negative operating profit keep execution and cash generation central to the valuation.

RYAM trades at EUR 6.65

RYAM was trading at EUR 6.65 at Lang & Schwarz on October 2, 2026 at 1:02 p.m. CEST, plus 1.84 percent versus the Lang & Schwarz prior close of EUR 6.53 on October 1, 2026.