Mercer International Inc. · NASDAQ:MERC
Mercer International — CIBC Whistler Conference 2010
12 slides from Mercer International's conference presentation, Jan 21, 2010
Slide 1: A Brief Introduction to Mercer
CIBC Whistler Conference A Brief Introduction to Mercer January 2010
Slide 2: Forward Looking Statements
for Forward Looking Statements The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” forward-looking statements. Certain information included in this presentation contains statements that are forward-looking, such as statements relating to results of operations and financial
Slide 3: Company Overview
Company Overview of capacity market pulp producer in the (2) (1) Operates three pulp mills with 1.46 million ADMT Mercer is the largest publicly traded NBSK world Rosenthal (3) Stendal Celgar ___NBSK = northern bleached softwood kraft ADMT = air dried metric tonnes Stendal is a 74.9% owned facility
Slide 4: Our Strategy & Purpose
Our Strategy & Purpose Mercer’s core purpose is providing fiber, renewable energy and chemicals from sustainable sources, for essential human needs Premium grade kraft pulp that generally obtains the highest price Target profitability in all market conditions Limit ongoing capital requirements Focus
Slide 5: Focus on continuous improvement; NBSK Market Pulp Capacity By Producer
Focus on continuous improvement Organically and through acquisitions Short-term focus on sustainability of business Improve efficiency and reduce production costs Focus on energy production Grow assets and earnings NBSK Market Pulp Capacity By Producer • producer pulp market NBSK traded publicly lar
Slide 6: World Class Assets
World Class Assets Mercer versus other top 20 NBSK producers as of Q4 2007 (includes integrated capacity) • runability high requirements, capital compliance low – environmental facilities producers net modern –Large, State-of-the-art Energy • 1,000 mt/aCapacity, Mill Weighted Average Capacity 380,00
Slide 7: Rosenthal World Class Assets
Rosenthal World Class Assets — • 1999 to Europe position, to in 160,000 cost position costs generating from production cost delivered conversion costs pulp increased strong input bioenergy kraft with lowest strong to has ADMTs rising installed mill the of of Capacity 325,000 One Maintained despite M
Slide 8: Stendal World Class Assets
Stendal World Class Assets — • the in mills NBSK largest and newest the of Oneworld project per year —1 billion greenfield ADMTs 75% Mercer ownedcompleted in 2004 Capacity of 635,000 • capacity of2008 lower MWhin for generating MWh allowed 712,000692,000 haveRosenthal bioenergy and than 2009 scale a
Slide 9: Celgar World Class Assets
Celgar World Class Assets — • project electricity MWh year Bioenergy per capital delivering production of Energy 238,000 of sell recent an ADMT Goose tonne exporter to their mill Blue expectations, per net efficient 495,000 a completed Agreement under of 2007 savings became Hydro Power and exceeded
Slide 10: Mercer Export of Electricity
Mercer Export of Electricity Mercer Electricity Generation and Surplus Electricity (MWh) per Year Electricity Total With Celgar Green Energy Project 1.43 million tonnes Pulp Production 1.40 million tonnes Pulp Production 1.30 million tonnes Pulp Production
Slide 11: Mercer Green Electricity Profile
Mercer Green Electricity Profile • mills all Black in three be or stage (to biofuels, all (mostly heat last at Celgar from into sale the in pulp biomass capacity MW for 52 generated produce converted represents from and is to is exported mill generation be extracted to pulp Rosenthal production proc
Slide 12: A modern kraft pulp mill is a large scale biorefinery
that produces both pulp and excess 12 pulp mill is a large scale biorefinery A modern kraft green energy. These mills have the necessary expertise, infrastructure and potential to be future large scale producers of biomass based transportation fuels and specialty chemicals