PROJECT UPDATE: MERCER PEACE RIVER PULP LTD. AND SVANTE CO₂ CAPTURE DEMONSTRATION UNIT

Peace River, AB, December 17, 2025 — Mercer Peace River Pulp Ltd. (MPR) and Svante Technologies Inc. (Svante) have begun commissioning a carbon dioxide (CO₂) capture demonstration unit at the Mercer Peace River pulp mill in northern Alberta. The pilot project is designed to evaluate Svante’s solid sorbent carbon capture technology on biogenic CO₂ emissions from the mill’s recovery boiler flue gas.

This stage builds on the previously announced Front-End Engineering and Design Phase 2 (FEL-2 / pre-FEED), which focused on design, site integration, cost and risk assessment, and options for potential future commercial-scale deployment at the mill. The anticipated 6-month demonstration is intended to generate the technical and operational data needed to support the next engineering phase and longer-term planning.

“Commissioning this demonstration unit is an important step for our Peace River team. It allows us to evaluate carbon capture performance in our operating environment and gather practical data on what would be required for any future scale-up,” said Cal Dakin, Managing Director at Mercer Peace River. Cal continued, “The results from this on-site demonstration will help us evaluate the decarbonization potential of this technology for biogenic emissions and inform longer-term planning across our pulp operations.”

“We are pleased to see this project advance into on-site demonstration operations,” said Scott Gardner, President of Svante Development Company, Svante’s project development business unit. “Testing our technology in an operating pulp mill environment is an important step in gathering the information needed to assess future opportunities for commercial-scale carbon capture in the wider pulp and paper industry.”

Derisking of the project will go through several stage gates to make decisions on advancing.  These decisions will consider technical, economic, and commercial elements.

About Mercer Peace River Pulp Ltd.

Mercer Peace River Pulp Ltd. operates a kraft pulp mill in Peace River, Alberta. The mill produces northern bleached softwood kraft (“NBSK”) and northern bleached hardwood kraft (“NBHK”) pulp for customers in global tissue, packaging, and other cellulose-based markets.

About Svante

Svante is a purpose-driven carbon capture and removal solutions provider. The company designs and manufactures nanoengineered filters and modular rotating contactor machines that capture and remove CO₂ in an environmentally responsible way from industrial emissions and the air. Svante has in-house capabilities in project development and has been named to the 2025 Global Cleantech 100 and TIME and Statista’s list of Top Greentech Companies of 2025. For more information, visit www.svanteinc.com.

Note: This update describes an on-site demonstration and related plans. Timing and outcomes may change based on operational and technical results. 

Inquiries

Jody Bekevich

Communications and Community Relations Coordinator

Mercer Peace River Pulp Ltd.

jody.bekevich@mercerint.com