Mercer International Inc. has announced the commencement of a carbon dioxide (CO₂) capture demonstration unit at its subsidiary, Mercer Peace River Pulp Ltd. (MPR), in northern Alberta. The 6-month pilot project aims to evaluate Svante Technologies Inc.'s solid sorbent carbon capture technology on biogenic CO₂ emissions from the mill’s recovery boiler flue gas. The company's chief sustainability officer and senior vice president, Canadian pulp operations, Bill Adams, emphasized the importance of this demonstration unit in evaluating carbon capture performance and gathering data for potential future scale-up.
Mercer International Inc. is a global forest products company with consolidated annual production capacity of 2.1 million tonnes of pulp (air-dried tonnes, ADTMs), 960 million board feet of lumber, 210 thousand cubic meters of CLT, 45 thousand cubic meters of glulam, 17 million pallets, and 230,000 metric tonnes of biofuels.
The press release did not provide specific details on how various metrics have changed since the last period. The market has reacted to these announcements by moving the company's shares 6.02% to a price of $2.025. Check out the company's full 8-K submission here.
