Mercer International Inc.Mercer International Inc., Zurich, Switzerland, was advised by the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community (EU) that the EU will not raise objections to German government aid for the company's planned greenfield construction of a softwood softwood Timber obtained from coniferous trees (mainly of the pine and fir families). With the exception of bald cypress, tamarack, and larch, softwood trees are evergreens. kraft pulp mill A pulp mill is a manufacturing facility that converts wood chips or other plant fiber source into a thick fiber board which can be shipped to a paper mill for further processing. . Mill project costs are estimated to be approximately EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 885 million (US$ 785 million), which will be located near Stendal, in Saxony-Anhalt, Germany, and have a total annual production capacity of 550,000 metric tons. The project should be completed by late 2004. |
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