Press releases

Rayonier Advanced Materials Reiterates Commitment to Acquire Tembec on Agreed Terms: Transaction provides compelling value to Tembec shareholders

July 17, 2017

JACKSONVILLE, Florida and MONTREAL, Quebec, July 17, 2017 – Rayonier Advanced Materials Inc. (the “Company” or “Rayonier Advanced Materials”) (NYSE: RYAM) today reaffirmed its commitment to acquire Tembec Inc. (“Tembec”) (TSX: TMB) on the terms previously agreed with Tembec. The Company believes that the previously announced arrangement consideration of C$4.05 in cash or 0.2302 of a share of Rayon...

Advisory Firm Institutional Shareholder Services recommends approval of the Plan of Arrangement involving the Acquisition of Tembec by Rayonier Advanced Materials

July 14, 2017

MONTREAL, Quebec, July 14, 2017 — Tembec Inc. (TSX: TMB) (“Tembec”) announced today that Institutional Shareholder Services (“ISS”) has recommended that shareholders of Tembec vote FOR the proposed plan of arrangement (the “Arrangement”) involving the acquisition by Rayonier Advanced Materials Inc. (“Rayonier AM”) of all of the outstanding shar...

Rayonier Advanced Materials and Tembec Announce Clearance from Germany's Federal Cartel Office

July 13, 2017

JACKSONVILLE, Florida and MONTREAL, Quebec, July 13, 2017 — Rayonier Advanced Materials Inc. (NYSE: RYAM) (“Rayonier AM”) and Tembec Inc. (TSX: TMB) (“Tembec”) announced today that they have received notification of clearance from Germany's Federal Cartel Office in connection with the previously announced proposed statutory arrangement under Section 192 of the Can...

Tembec Obtains Interim Order and Mails Meeting Materials for Plan of Arrangement in Connection with its Acquisition by Rayonier Advanced Materials

July 5, 2017

MONTREAL, Quebec, July 5, 2017 — Tembec Inc. (TSX: TMB) (“Tembec” or the “Company”) announces that it has obtained an interim order (the "Interim Order") from the Superior Court of Québec (the “Court”) authorizing, among other things, the holding of a special meeting (the “Meeting”) of the holders of common shares of Tembec (the “Shareholders”) to approve the previously announced proposed statutor...

Rayonier Advanced Materials to Acquire Tembec, Creating a Diversified Global Leader in High Purity Cellulose, Packaging, Paper, High-Yield Pulp and Forest Products

May 25, 2017

Immediately accretive to Rayonier Advanced Materials while delivering a significant premium at C$4.05 per share to Tembec shareholders Combined company approximately US$2 billion in revenue and US$400 million in EBITDA including full synergies Company to benefit from enhanced scale and projected combined cost synergies of US$50 million, to be achieved over 3 years Complementary products, ...

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Q&A with our CEO

Jim Lopez on where Tembec has been, and where Tembec is headed:

Straight talk

We address widespread perceptions and misperceptions about the forest products industry and Tembec: