Latest news with #MercerInternational
Globe and Mail
27-05-2025
- Business
- Globe and Mail
Mercer International Inc. Releases 2024 Sustainability Report
NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. ('Mercer' or the 'Company') (Nasdaq: MERC), a global forest products company, today released its 2024 Sustainability Report, Fit for Future: Transition and Transformation. The report outlines, among other things, the Company's progress towards its 2030 sustainability goals. Juan Carlos Bueno, President and CEO, stated: 'In 2024, we applied the same operational discipline to our sustainability efforts that we bring to all areas of our business. We focused on where Mercer can make the most meaningful contribution—reducing emissions at the source, improving resource efficiency, and advancing renewable bioproducts. These steps reflect our learning and commitment to a long-term, practical impact that we believe will add value to our overall business.' Bill Adams, Chief Sustainability Officer, added: 'We recognize that credibility in sustainability comes from transparency and benchmarking. In 2024, we prioritized ESG governance by securing third-party assurance of our emissions data and aligning with evolving disclosure standards. These efforts helped improve our Sustainalytics ESG risk rating and position Mercer as a reliable partner for investors, customers, and communities who increasingly expect clear and consistent sustainability performance.' 2024 Highlights Selected highlights of accomplishments include: Climate & Emissions 83% of fuel-based energy came from renewable sources, advancing toward the Company's 90% target by 2030. Completed Mercer's third climate scenario analysis, enhancing climate risk assessment and disclosure. Waste & Resource Efficiency Landfill waste totaled 16.6 kg/ADMT—a 24% improvement over the 2019 baseline—advancing toward the 30% reduction target by 2030. Water consumption at pulp mills declined 8% year-over-year due to operational efficiencies. Employee Safety The Total Recordable Incident Rate (TRIR) improved 25%, from 3.68 to 2.76. ESG Governance & Reporting Released Mercer's first Taskforce on Nature-related Financial Disclosures (TNFD) aligned report on nature-related risks and dependencies. Completed a double materiality assessment designed to align with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) requirements. Recognition Received the 2024 SFI President's Award for leadership in mass timber and supply chain certification. Improved Sustainalytics ESG Risk Rating to 17.6 (low risk), down from 21.4 in 2023. Looking Ahead Mercer's 2024 Sustainability Report reflects the Company's continued commitment to measurable, science-based progress. As Mercer advances toward its 2030 goals, it remains focused on integrating sustainability into core business decisions, building trust through transparency, and delivering long-term value for stakeholders. The full report is available at About Us Mercer International Inc. is a global forest products company with operations in Germany, the USA, and Canada. Its consolidated annual production capacity is 2.1 million tonnes of pulp, 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. For more information about the company and to read the full report, please visit its website at The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results. Words such as "expects", "anticipates", "are optimistic that", "projects", "intends", "designed", "will", "believes", "estimates", "may", "could" and variations of such words and similar expressions are intended to identify such forward-looking statements. Among those factors which could cause actual results to differ materially are the following: the highly cyclical nature of our business, raw material costs, our level of indebtedness, competition, foreign exchange and interest rate fluctuations, our use of derivatives, expenditures for capital projects, environmental regulation and compliance, disruptions to our production, market conditions and other risk factors listed from time to time in our SEC reports. APPROVED BY: William D. McCartney Chairman +1 (604) 684-1099 Juan Carlos Bueno Chief Executive Officer +1 (604) 684-1099
Forbes
06-05-2025
- Business
- Forbes
Canadian Carbon Capture Facility Eyes Industry And Power Plants
20250415 - Burnaby, BC Chung Chow photo For Stefan Labbe Svante, carbon capture and removal company. ... More The smaller carbon removal machine. Copyright Chung Chow. All Rights Reserved. Restriction-Free Use Carbon capture is alive and well. A Canadian company is opening a plant this month to manufacture carbon capture filters for commercial-scale projects. This is potentially a huge win for industry, bringing carbon capture closer than ever before. We need to reduce heat-trapping emissions across all sectors to save the planet. Carbon capture allows businesses to continue doing what they do, but with a much smaller footprint. This helps countries and companies reach their goals of becoming carbon-neutral. Some methods, such as Bioenergy with Carbon Capture and Storage and Direct Air Capture, can remove atmospheric CO2, especially for industries that are hard to decarbonize. 'Carbon management is a necessity, not a nice-to-have,' says Claude Letourneau, chief executive of Svante Inc. in Montreal, in a virtual conversation with me. 'We're building a factory now that will meet the demand.' Savante's new manufacturing facility is located in Vancouver, Canada. The company already works with Chevron and Delek and will partner with Mercer International, a pulp and paper enterprise. In the long term, it has its eye on power plants. Its technology can prevent CO2 from escaping or capture it from the atmosphere. This is known as biogenic CO2 removal, and the formal title of the CO2 capture process is Bioenergy with Carbon Capture and Storage. "Biogenic" CO2 refers to carbon dioxide originating from natural sources such as plants and trees, rather than fossil fuels. For example, trees absorb CO2 from the air. But if they are cut down and used to make paper, the same CO2 is released. Enter biogenic CO2 removal. In contrast, direct air capture can remove CO2 from the atmosphere. Once snagged, the challenge is sequestering or using it to create industrial materials like cement or steel. It's an emerging and expensive technology. For example, Swiss-based Climeworks has a project going in Iceland, which will capture and store 36,000 metric tons annually of CO2. Microsoft Corp. and Shopify want to use their services. If a mill burns waste wood to generate energy, it releases CO2. However, don't worry; operators can store that CO2 underground or reuse it to make such things as hydrogen to produce fuels and chemicals. If the companies employing this method wish to be even more eco-friendly, they should plant trees to replace those they cut down. Therefore, the pulp and paper industry can indeed achieve carbon neutrality. 'Biogenic emissions stem from natural sources like wood and plants. It is preferred for circular reuse because it represents carbon already in the above-ground ecosystem,' says Letourneau. 'By contrast, anthropogenic CO2, produced by fossil fuels or industrial processes, represents net-new carbon drawn out of the ground. Most captured anthropogenic CO2 will have to be safely sequestered.' What About The Cost? 20250415 - Burnaby, BC Chung Chow photo For Stefan Labbe Svante, carbon capture and removal company. ... More The smaller carbon removal machine. Copyright Chung Chow. All Rights Reserved. Restriction-Free Use Letourneau says implementing these technologies is affordable. The average North American releases about 15 tons of CO2 annually. Svante's technology can remove carbon for $150 per ton. At this price, the average North American would pay $2,250 per year on carbon management—a comparable number to what we each pay for waste management. Most people don't complain about the cost of that service. Moreover, the Biden Administration estimated the social cost of carbon to be $190 per ton, although some experts assert it is significantly higher. The social cost of carbon refers to the economic damage caused by each additional ton of CO2 in the atmosphere. This includes crop damage, losses from natural disasters, and health impacts from extreme weather. Investing in carbon management makes sense as long as carbon mitigation costs are lower than the social cost. 'Governments can uniquely address the gap between the true social cost of carbon and what companies must pay today to emit freely. Emitting carbon is like using a credit card—the bill must be paid sooner or later. Failure to act now means acting in the future will only be more expensive,' says Letourneau. Biogenic carbon dioxide removal technologies are high-priced. That's because it takes a lot of energy to capture, compress, and transport the CO2. Meanwhile, storing CO2 underground requires geological surveys and secure storage sites. However, the technology can also be utilized for power generation and cement production. The Norcem Brevik plant in Norway is one of the world's first full-scale carbon capture projects in the cement sector, aiming to capture 400,000 tons of CO2 annually this year. The Boundary Dam in Saskatchewan, Canada, captures 1 million tons annually of CO2 from a coal-powered plant. Meanwhile, Section 45Q of the U.S. tax code can help fund biogenic carbon dioxide removal. This federal tax credit incentivizes companies to capture and store CO2 underground or produce cement and steel. Bioenergy with Carbon Capture and Storage projects in the industrial and power sectors qualify if they store 12,500 tons annually. The credit is $85 per ton if the CO2 is stored underground and $60 per ton if it is utilized to create other products. That can make carbon-negative industrial output financially viable. 'One day, you will buy any product with a logo that gives the carbon intensity, just like buying food provides the calorie count,' says Letourneau. 'Once we reach that level, we can monetize the CO2.' The paper mill is a test case. If the partnership between Svante and Mercer succeeds, capturing carbon at scale for industrial purposes will improve and expand, and new use cases, including power plants, will be found. Economies will grow while ecologies are preserved, giving an infusion to this technology.
Yahoo
03-05-2025
- Business
- Yahoo
Mercer International First Quarter 2025 Earnings: EPS Beats Expectations
Revenue: US$507.0m (down 8.4% from 1Q 2024). Net loss: US$22.3m (loss widened by 34% from 1Q 2024). US$0.33 loss per share (further deteriorated from US$0.25 loss in 1Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Forestry industry in the US. Performance of the American Forestry industry. The company's shares are down 13% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Mercer International (at least 2 which make us uncomfortable), and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
09-04-2025
- Business
- Yahoo
Mercer International Inc. Announces Conference Call for First Quarter 2025 Results
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ending March 31, 2025 on Thursday, May 1, 2025, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, May 2, 2025, at 10:00 am ET to discuss the results. The conference call will be available to interested parties live over the Internet through a webcast by clicking on or copying and pasting the following link into their web browser: A link to the webcast is also available on the Investor Relations section of the company's webpage. For those unable to participate in the live webcast, a replay of the webcast will be archived and accessible through the same link on the Company's website at call can be accessed by dialing one of the following: USA Local - New York: (646) 307-1963USA & Canada Toll Free: (800) 715-9871Canada - Toronto: (647) 932-3411Germany - Frankfurt: +49 69 589964217Germany - Toll-Free: +49 800 0001007 When prompted by the operator, quote Conference ID 6942637 or Conference Name 'Mercer International's First Quarter 2025 Earnings Call' to ensure you are on the right call. Mercer International Inc. is a global forest products company with operations in Germany, the United States and Canada with consolidated annual production capacity of 2.1 million tonnes of pulp, 960 million board feet of lumber, 210,000 cubic meters of cross-laminated timber, 45,000 cubic meters of glulam, 17 million pallets and 230,000 metric tonnes of biofuels. For further information, please visit APPROVED BY: Juan Carlos BuenoPresident & CEO604-684-1099Richard Short, CPA, CACFO & Secretary604-684-1099
Yahoo
01-04-2025
- Business
- Yahoo
Favourable Signals For Mercer International: Numerous Insiders Acquired Stock
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Mercer International Inc. (NASDAQ:MERC), it sends a favourable message to the company's shareholders. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. The insider, Eric Heine, made the biggest insider sale in the last 12 months. That single transaction was for US$168k worth of shares at a price of US$6.26 each. So what is clear is that an insider saw fit to sell at around the current price of US$6.15. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). Eric Heine was the only individual insider to sell over the last year. Happily, we note that in the last year insiders paid US$266k for 43.30k shares. But they sold 26.91k shares for US$168k. Overall, Mercer International insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! Check out our latest analysis for Mercer International Mercer International is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 4.3% of Mercer International shares, worth about US$17m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. The fact that there have been no Mercer International insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Mercer International and their transactions don't cause us concern. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 3 warning signs for Mercer International and we suggest you have a look. But note: Mercer International may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
