Rayonier Advanced Materials is a global specialty cellulose manufacturer that produces custom-engineered cellulose and cellulose derivatives for filters, food, pharmaceuticals, plastics, textiles, and industrial applications, along with commodity products including fluff pulp, viscose, paperboard, and high-yield pulp. The company operates four production facilities across North America and Europe, with core revenue driven by its cellulose specialties segment, which offers unmatched manufacturing flexibility through the ability to process both hardwood and softwood fibers using kraft and sulfite processes, commanding price premiums due to the lengthy customer qualification process and long-term contractual relationships. Additional business segments include biomaterials (biofuels, lignosulfonates, and specialty chemicals), commodity cellulose products for absorbent and textile applications, branded paperboard for packaging and printing, and high-yield pulp for paper and packaging end markets, with revenue generated through annual contract pricing, index-based pricing, and long-term offtake agreements depending on the product line.