RAYONIER ADVANCED MATERIALS INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
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Item 2. Properties
The following table details the material properties we owned or leased at December 31, 2023:
| Location by Segment | Annual Production Capacity(a) | Owned/Leased |
|---|---|---|
| High Purity Cellulose Facilities | ||
| Jesup, Georgia, United States | 330,000 MTs of cellulose specialties or commodity products270,000 MTs of commodity products | Owned |
| Fernandina Beach, Florida, United States | 155,000 MTs of cellulose specialties or commodity products | Owned |
| Temiscaming, Quebec, Canada | 150,000 MTs of cellulose specialties or commodity products | Owned |
| Tartas, France | 140,000 MTs of cellulose specialties or commodity products | Owned |
| Paperboard Facilities | ||
| Temiscaming, Quebec, Canada | 180,000 MTs of paperboard | Owned |
| High-Yield Pulp Facilities | ||
| Temiscaming, Quebec, Canada | 290,000 MTs of high-yield pulp | Owned |
| Corporate and Other | ||
| Jacksonville, Florida, United States | Corporate Headquarters | Leased |
(a)Based on the facility equipment operating under average production conditions. Actual production is impacted by overall equipment effectiveness and market circumstances.
Our manufacturing facilities are maintained through ongoing capital investments, regular maintenance and equipment upgrades. As a result, production capacities may vary from the amounts listed above. These facilities, warehouses, machinery and equipment that we owned or leased as of December 31, 2023 are in good operating condition and in regular use.
We recently began efforts towards a realignment of our High Purity Cellulose assets to optimize production mix, including the consolidation of commodity viscose production into the Temiscaming plant and fluff production into the Jesup plant’s C Line. See Note 7—Property, Plant and Equipment, Net for further details of this realignment.
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