Mercer International Inc at Jefferies Industrials Conference (Virtual) Transcript
Good morning. This is John Dunigan, Phil Ng's associate covering the paper and packaging space. We are happy to welcome Mercer International's CEO and President, Mr. David Gandossi, as well as David Ure, to our 2021 Industrials Conference.
For those of you unfamiliar with the Company, Mercer is a global forest products company that operates two primary segments, pulp and wood products. Mercer is the world's second-largest producer of open-market northern bleached softwood kraft pulp. And the Company's modern assets in Europe and North America allow the Company to generate $90 million -- about $90 million of revenue from selling its energy and biochemical byproducts.
Mercer entered the world -- the wood products sector in April 2017, when they acquired substantially all of the assets from one of Germany's largest sawmills and with the completion of the Company's planned upgrades in 2021, it will be one of the largest and most efficient sawmills in the world.
In regards to the conference, I want to remind viewers that you
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