Mercer sees better Q3/2023 results as inflation pressures are easing

International forest products group Mercer International said its Q3 results were significantly better than Q2 due to lower fibre and production costs as inflationary pressures eased. However, the company has seen its EBITDA slashed by more than two-thirds for Q3, 2023 compared to a year ago.  “Fibre costs for all our mills decreased in the third quarter from the prior quarter driven by the availability of calamity wood in Germany, our renegotiation of fibre costs for Celgar and the ramp up of our wood room at the Peace River mill,” the company said. Mercer’s wood product ...