Rayonier Advanced Materials Inc 2023 Annual Report
Company: Rayonier Advanced Materials Inc
Sector: Manufacturing
Country: United States
Year: 2023
Type: Annual Report
Pages: 108
The report describes 2023 as a year of market and financial pressure, with net sales of $1,643 million and adjusted free cash flow of $53 million. It highlights progress toward the company's Scope 1 and Scope 2 reduction goal of 40 percent by 2030 and continued reliance on renewable energy. It also identifies the Tartas 2G bioethanol plant as a major biomaterials investment expected to begin operations in early 2024.
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