Mercer International's Peace River Mill Undergoes Repairs
Mercer International's Peace River Mill Downtime
In a recent announcement, Mercer International Inc. shared that the Peace River mill is temporarily offline to address vital repairs. This follows a mechanical failure in the mill's digester, necessitating immediate action to restore full operational efficiency. According to Mercer, the timeline for completing these repairs is anticipated to extend into mid-October, marking a significant moment for the company.
Impact on Production
During this downtime, the company has communicated that the production of Northern Bleached Hardwood Kraft (NBHK) will see a reduction of approximately 45,000 tonnes. This substantial decrease illustrates how critical uninterrupted operations are to maintaining output levels in the forest products sector. The company is taking measures to mitigate the impact on its business by ensuring adequate insurance coverage for property and business interruptions.
About Mercer International Inc.
Mercer International Inc. is a prominent global player in the forest products industry, with a robust presence across Germany, the USA, and Canada. The company boasts a staggering annual production capacity, which includes 2.1 million tonnes of pulp and significant outputs in lumber, cross-laminated timber, glulam, and biofuels. Mercer's innovative products, such as 17 million pallets and 230,000 metric tonnes of biofuels, reflect a commitment to sustainability and meeting market demands.
Company Operations and Future Outlook
As Mercer moves forward from this downtime, the company aims to resume regular production levels swiftly. The resilience and adaptive strategies employed by Mercer underscore its ability to navigate the challenges faced by the cyclical nature of the forest products sector. With the ongoing support through property and business interruption insurance, Mercer can focus on its recovery while keeping stakeholders informed.
Contact Information
If you have any questions regarding this announcement, please reach out to:
William D. McCartney
Interim Chairman
(604) 684-1099
Juan Carlos Bueno
Chief Executive Officer
(604) 684-1099
Frequently Asked Questions
What caused the downtime at Mercer’s Peace River mill?
The downtime was initiated to conduct crucial repairs following a mechanical failure in the mill's digester.
When is the expected completion date for the repairs?
The company expects the repairs to be completed by mid-October.
How much production is affected during this downtime?
The downtime is estimated to reduce NBHK production by approximately 45,000 tonnes.
Is the company insured for this downtime?
Yes, Mercer maintains property and business interruption insurance for the Peace River mill.
What is Mercer International Inc.'s production capacity?
Mercer has a consolidated annual production capacity of 2.1 million tonnes of pulp and additional products across various categories.
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