Rayonier Advanced Materials sells rights to softwood lumber duty refunds to OCP Lumber for $39m
Rayonier Advanced Materials Inc. (RYAM), a global leader in high purity cellulose, has reached an agreement to sell its entitlements to refunds, including all accrued interest, from duties on softwood lumber exported from Canada to the United States during 2017-2021. The sale to OCP Lumber LLC is set at $39 million, with additional potential proceeds […]