Rayonier Advanced Materials Inc. will increase prices of its high-alpha and high-viscosity cellulose specialties products (including acetate, ethers, micro-crystalline cellulose, nitrocellulose and other grades) by 6%, effective immediately.
These price changes are necessary to partially offset ongoing inflationary pressures and sustain investment in its best-in-class, capital-intensive manufacturing capabilities to ensure its ability to continue to support its customers’ needs for high-quality products, as the company says in the press release received by Lesprom Network.
Rayonier Advanced Materials is a global leader of cellulose-based technologies.