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Rayonier completes acquisition of Tembec


December 6, 2017
By P&PC Staff

Dec. 5, 2017 – Rayonier Advanced Materials Inc. says it has completed the acquisition of Tembec Inc., combining two complementary high purity cellulose businesses and diversifying its product offerings with integrated forest products, paper, paperboard and newsprint businesses.

The combined company, which will operate under the name Rayonier Advanced Materials, will be a “stronger, more diversified global leader in its core businesses with an expanded international footprint that further positions it to serve the larger customer base with the highest quality products and services,” according to a company statement.

“This acquisition advances our strategic growth objectives and provides an accretive and attractive value proposition for our shareholders by more than doubling our revenues, diversifying our product offering in high purity cellulose and allowing us to expand into new adjacent businesses,” said Paul Boynton, chairman, president and CEO of Rayonier Advanced Materials. “Rayonier Advanced Materials and Tembec are not only a good strategic fit, but we are also an excellent cultural fit. We are excited to welcome the Tembec employees to Rayonier Advanced Materials as we continue to execute on our four strategic pillars of growth.”

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1 Comment » for Rayonier completes acquisition of Tembec
  1. Hello,

    we are a trading company which is importing electrical heaters from turkey . we have a customer asking for a price for the following

    please find attached paper sizes and tonnes as requested by customer in Turkey. They are looking to get 7500-8000 tones of high grade paper pulp with 120cm-86cm-80cm sizes all together. The paper should be 80gr maximum tolerance +-%3. The paper sheen should be %80 thickness should be maximum 104 micron. If we can gather pricing as soon as possible that would be appreciated it.

    Thanks,

    Kenan Dereci

    CND International INC.

    1416-833-0793

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