Rayonier Advanced Materials Inc. (RYAM) Starts 70 MW Biomass Project; Expects $8M—$10M/Year

RYAM began construction of a 70 MW biomass cogeneration project at Jesup, GA, expecting commercial operations in 2029 and approximately $8M—$10M in annual distributions, with an initial 14% equity stake and an option to increase to as much as 16%.Material DetailsContext by AI AnalystThis extends RY…