Mercer International Inc is a Washington corporation, organized in 1968. The Company operates in the pulp business and is the producer of market northern bleached softwood kraft, or NBSK, pulp. The Company is kraft pulp producer, and the producer of pulp for resale, known as market pulp in Germany. Its operations are located in Eastern Germany and Western Canada. The Company operates three NBSK pulp mills with a consolidated annual production capacity of approximately 1.5 million ADMTs of NBSK pulp and 305 MW of electrical generation. The Company has three operating segments, the individual pulp mills that are aggregated into one reportable business segment, market pulp. The Company manufactures and sells NBSK pulp produced from wood chips and pulp logs. It's pulp production mills includes, Rosenthal, Celgar and Stendal. Rosenthal, is located near Blankenstein and produces approximately 355,000 ADMTs annually. Stendal is located near the town of Stendal, about 300 kilometers north of our Rosenthal mill. Stendal's annual production capacity is approximately 650,000 ADMTs. Celgar is situated near Castlegar, British Columbia, Canada and produces approximately 520,000 ADMTs annually. It's geographical areas of operation includes Germany, Italy, North America and China. It's sales and marketing group handles sales to approximately 186 customers. The company's NBSK pulp competitors are mainly located in Northern Europe and Canada.