Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Rayonier Advanced Materials ( (RYAM) ) just unveiled an update.
Rayonier Advanced Materials Inc. (RYAM) has secured €67 million in green capital to bolster its biomaterials strategy. This financing includes €37 million in secured term loans from French banks and a €30 million preferred equity investment from SWEN Capital Partners, granting them a 20% stake in RYAM’s new subsidiary, BioNova. The funds will support projects like a bioethanol plant, aiming to generate over $40 million in EBITDA by 2027, showcasing RYAM’s commitment to growth and sustainability.
Find detailed analytics on RYAM stock on TipRanks’ Stock Analysis page.