Mercer International shares surge 12.06% premarket after launching carbon capture pilot with Svante at Alberta pulp mill.

Mercer International surged 12.06% in premarket trading following the announcement of a six-month carbon capture demonstration project at its Alberta pulp mill, conducted in collaboration with Svante Technologies. The initiative, designed to evaluate solid sorbent technology for biogenic CO₂ emissions, marks a key step in the company’s decarbonization strategy and supports potential future commercial-scale deployment. The project follows a prior engineering assessment phase and aims to generate data critical for long-term planning, aligning with global sustainability goals. Executives emphasized the demonstration’s role in assessing technical feasibility and cost efficiency, positioning the move as a proactive response to environmental regulations and market demands for greener industrial practices. The news bolstered investor confidence, reflecting optimism about Mercer’s innovation in emissions reduction and alignment with climate-focused investment trends.