Performance BioFilaments Inc. is a 50/50 joint venture between Mercer International Inc. and Resolute Forest Products.
Mercer International Inc. (“Mercer”) is one of the largest producers of NBSK market pulp, serving customers in Europe, Asia and North America. Mercer has also become a leader among forest products companies in embracing the “bioeconomy” and implementing new innovations. The company’s mills are able to maximize the value of our forest resources by producing carbon-neutral energy and environmentally-friendly biochemicals as by-products of the pulping process. Mercer has a proven track record of successfully building and running large-scale industrial operations. Most notably, Mercer completed construction of the Stendal mill in Germany – a greenfield project valued at over €1.0 billion. Mercer’s shares are listed on the NASDAQ Global Market (symbol: MERC) and the Toronto Stock Exchange (symbol: MRI.U). For more information on Mercer, please visit www.mercerint.com.
Resolute Forest Products (“Resolute”) is a global leader in the forest products industry with a diverse range of products, including newsprint, specialty papers, market pulp and wood products. The company owns and/or operates over 40 pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada. Resolute places great emphasis on sustainability and workplace safety as they strive to maximize value from the forest resource. The company, along with its predecessor companies, has a long history of adapting to changing markets and maximizing value for shareholders. Resolute’s shares are listed on the New York Stock Exchange (symbol: RFP) and the Toronto Stock Exchange (symbol: RFP). For more information on Resolute, please visit www.resolutefp.com.
At Performance BioFilaments, we are not only backed by Mercer and Resolute’s experienced teams, but also by strong research support from FPInnovations®. FPInnovations® is a world leading research and development organization that specializes in the creation of scientific solutions in support of the Canadian forest sector’s global competitiveness and responds to the priority needs of its industry members and government partners. It is ideally positioned to perform research, innovate, and deliver state-of-the-art solutions for every area of the sector’s value chain, from forest operations to consumer and industrial products.