Mercer International Inc. Announces Downtime at Its Celgar Mill

Mercer International Inc. (Nasdaq: MERC) reports that, due to a lack of appropriate fiber availability, its Celgar mill in British Columbia, Canada, is planning to take approximately three weeks of downtime. This curtailment is expected to commence in March 2023.

Juan Carlos Bueno, Mercer’s President and CEO, remarked, “We are disappointed that the current fiber supply situation — and in particular, the lack of available residual fiber for pulp — has led us to the difficult position forcing us to curtail. The continued fiber supply problem is a source of disappointment for our employees, our suppliers, the Castlegar region and the province at large. We are hopeful for a resolution in short order.”

About Mercer International

Mercer International Inc. is a global forest products company with operations in Germany, the USA and Canada with a consolidated annual production capacity of 2.3 million tonnes of pulp, 960 million board feet of lumber, 140 thousand cubic meters of CLT, 17 million pallets and 150,000 metric tonnes of wood pellets. To obtain further information on the company, please visit its website at www.mercerint.com.

Contact:

Jimmy S.H. Lee – Chairman – (604) 684-1099

Source: Mercer International, Inc.