Rayonier Advanced Materials RYAM Total High Purity Cellulose — Asset impairment
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Where this comes from
Reported directly by Rayonier Advanced Materials in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: Rayonier Advanced Materials’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 12:04 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001597672-26-000029
In July 2024, the Company indefinitely suspended operations at its Temiscaming HPC plant, idling the plant in a safe and environmentally sound manner. Since the start of the suspension in 2024, the Company has incurred total one-time operating charges of $19 million, including $8 million of mothballing costs, $6 million of severance and other employee costs and $5 million of other costs. No additional one-time charges are expected to be incurred. In conjunction with the suspension of operations, in the third quarter of 2024, the Company recognized a non-cash asset impairment of $25 million, as it was determined that the Temiscaming HPC plant’s net carrying value exceeded its estimated fair value.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Rayonier Advanced Materials's total high purity cellulose — asset impairment?
- Rayonier Advanced Materials (RYAM) reported total high purity cellulose — asset impairment of $0 in Q2 2026.
- What does total high purity cellulose — asset impairment mean?
- Charges recognized when the carrying value of assets within the high-purity cellulose segment exceeds their fair market value. This indicates a potential decline in the long-term economic utility or profitability of specific production assets.
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