The Stendal mill is one of the largest NBSK
pulp mills in the world. Construction of the Stendal mill was completed in September 2004, at a cost of approximately $1.1 billion, of which approximately $332 million was financed by government grants. Financing for the project came from a combination of government grants, low-cost government guaranteed term financing, and equity contributions. The mill has received a total of approximately $352 million in government grants as at year end 2015. Mercer's initial 63.6% ownership interest in the Stendal mill has increased over time through acquisitions and/or further investments. In September 2014, Mercer completed the acquisition of all of the shareholders' loans, substantially all of the shares of the minority shareholder and other rights for an economic interest considered to be 100%.
When construction was completed in September 2004, the Stendal mill had an annual pulp production capacity of 552,000 ADMTs
per year and electricity generation of 102 MW. Ongoing capital investments, including a second 46 MW turbine and numerous efficiency improvements have increased the facility to its current capacities of 660,000 ADMTs
per year of pulp and 148 MW of electricity generation. In addition, the capital investments have reduced the cost structure of the mill and increased its energy
efficiency. Stendal is able to generate green electricity well in excess of its internal needs, and as a result the mill realizes significant revenue from the sale of this excess green electricity.
The Stendal mill is strategically located on the Elbe River, with access to harbor facilities for water transportation, and a large customer base within a 500 km radius. A significant percentage of the mill's pulp sales are shipped within Germany and the European Union, with the majority of the remainder being exported to China and other Asian countries.
Stendal's efficiency and operational excellence is recognized through its ISO 9001 and ISO 14001 certifications. The mill is also recognized for using sustainably harvested wood through its Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC) Chain of Custody certifications. For more information, please see our Certifications
For more information on the Stendal mill, please visit www.zellstoff-stendal.de
Zellstoff Stendal GmbH
Goldbecker Str. 1
T: +49 (0)39321 55-0
F: +49 (0)39321 55-108
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