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Stock impact report

Mercer Announces Downtime at its Peace River Mill [Financial Post (Toronto, Ontario, Canada)]

Mercer International Inc. (MERC) 
Last mercer international inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: mercerint.com/investors
Company Research Source: Financial Post
NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) — Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) announced today that its Peace River mill has taken downtime to complete necessary repairs to the mill's digester after experiencing a mechanical failure. The Company currently expects the repairs and related assessments will be completed in mid-October 2024, and anticipates that NBHK production at the mill will be reduced by approximately 45,000 tonnes during such period. The Company maintains property and business interruption insurance for the Peace River mill and expects the repairs and business interruption will be covered by such insurance, subject to customary deductibles and limits. Mercer International Inc. is a global forest products company with operations in Germany, the USA and Canada with consolidated annual production capacity of 2.1 million tonnes of pulp, 960 million board feet of lumber, 210 thousand cubic meters of cross-laminated timber, 45,000 cubi Show less Read more
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