A Burnaby-born company is advancing its clean technology in Alberta.
Svante Technologies, which specializes in carbon capture, this week revealed progress in its project with Mercer International, a global producer of forest products such as pulp, lumber, and timber.
The collaboration is now at the Front-end Engineering and Design Phase 2, or FEL-2, according to a statement from the companies. This phase involves engineering, cost estimation, and risk analysis to evaluate the project’s commercial viability.
The carbon capture project targets biogenic CO2 emissions from Mercer’s Peace River pulp mill, where the biomass is sourced from sustainably managed forests.
“We are thrilled to advance this project with Mercer at their Peace River mill to the pre-FEED stage,” remarked Matt Stevenson, who serves Svante as chief revenue officer.
The Peace River project’s energy requirements will be met by low-carbon electricity generated onsite, with recovered waste heat further increasing the net CO₂ emissions avoided.
“This will demonstrate the viability of our technology for the pulp and paper industry in Western Canada, enabling carbon removal at scale by working in tandem with nature and highlighting our commitment to providing sustainable solutions for an industrial future,” the CRO continued.
Svante’s second-generation carbon capture technology is engineered for commercial-scale deployment in industrial environments where integration must be cost-effective, modular, and resilient to operational variability.
At the core of Svante’s solution is its structured sorbent filter system, which uses solid materials coated with nano-materials specifically designed to selectively capture CO₂ molecules, representing an evolution over earlier carbon capture systems.
“The collaboration with Svante reflects Mercer’s drive to pursue climate innovation opportunities that align with our business goals,” stated Bill Adams, Chief Sustainability Officer at Mercer. “Examining carbon capture in a commercial mill setting gives us a valuable opportunity to assess its long-term potential—both for our own operations and for advancing decarbonization pathways across the industry.”
Svante is on TIME & Statista’s Top Greentech Companies of 2025, the 2025 Global Cleantech 100, the XPRIZE Foundation’s XB100 – World’s Top 100 Deep Tech Companies, and the Corporate Knights’ Future 50 Fastest Growing Sustainable Companies.
The Canadian cleantech secured $137M from the Canada Growth Fund in 2024 to accelerate the company’s development and construction of commercial-scale carbon capture and removal projects.