Non-work related loss of life
Mercer International Inc. (Nasdaq: MERC) announced the tragic passing of an employee at its Rosenthal mill in Germany on June 25, 2022. The company and local authorities have confirmed that the death was not work-related. Mercer activated emergency procedures and is providing support to the employee’s family and affected colleagues. Managing Director Christian Soergel expressed condolences and emphasized the company’s commitment to respect the family’s privacy during this difficult time.
- Mercer activated emergency procedures swiftly after the incident.
- Local authorities were involved in the investigation, ensuring transparency.
- An employee's death, even if not work-related, could impact employee morale.
- The incident may lead to increased scrutiny on Mercer’s safety protocols.
NEW YORK, June 25, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) is deeply saddened to announce that an employee has passed away at its Rosenthal mill in Germany on June 25, 2022. Mercer and local authorities conducted an investigation and so far determined that the tragic loss was not work related. Mercer’s emergency procedures were immediately activated, local authorities were notified and industrial safety and occupational health personnel were involved for support.
“We are saddened about the loss of life of one of our employees and our thoughts are with the individual’s family and colleagues,” stated Christian Soergel, Managing Director of Mercer Rosenthal. “Given the nature of the incident, we will be respecting the privacy of our employee’s family and will continue providing support to them and to all our affected employees.”
About Us
Mercer International Inc. is a global forest products company with operations in Germany, USA and Canada with a consolidated annual production capacity of 2.3 million tonnes of pulp, 550 million board feet of lumber, and 140 thousand cubic meters of CLT. To obtain further information on the company, please visit its website at www.mercerint.com.
The preceding includes forward looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results. Words such as "expects", "anticipates", "are optimistic that", "projects", "intends", "designed", "will", "believes", "estimates", "may", "could" and variations of such words and similar expressions are intended to identify such forward‐looking statements. Among those factors which could cause actual results to differ materially are the following: the highly cyclical nature of our business, raw material costs, our level of indebtedness, competition, foreign exchange and interest rate fluctuations, our use of derivatives, expenditures for capital projects, environmental regulation and compliance, disruptions to our production, market conditions and other risk factors listed from time to time in our SEC reports.
APPROVED BY:
Jimmy S.H. Lee
Executive Chairman of the Board
(604) 684-1099
Juan Carlos Bueno
President & Chief Executive Officer
(604) 684-1099
FAQ
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