1858 ET - The proposed 25% tariff on Canadian shipments to the U.S. could cost Rayonier Advanced Materials up to $3.5 million per month while in place, the company said. "Even with these potential tariffs at currently announced levels, the company expects to cover all fixed charges, including maintenance capital and interest expenses," it said. Last year, about 11% of the company's total revenues were generated from Canadian Paperboard exports to the U.S., it added. The company also said it sees 2025 Cellulose Specialties average sales prices increasing mid-single-digit percentage from 2024 levels. (stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
February 03, 2025 18:59 ET (23:59 GMT)
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