Ence : Pontevedra’s pulp mill concession extension declared void
>Negative ruling on the concession extension - The Spanish National Court has ruled against the extension of the concession of Ence’s pulp mill in Pontevedra (43% of the group’s pulp production, but significantly less of EBITDA) to 2073, following the appeals of Pontevedra’s city council and Greenpeace. The National Court justifies its decision by the fact that the extension did not prove that other locations were feasible for the plant. Ence does not agree with that ...Ence Energia Y Celulosa is engaged in the manufacture and commercialization of wood pulp and derivatives. Co. divides its activities into the following two business lines: Forest Division: Co. manages timberlands in South America and the Iberian Peninsula. Co. is involved in trading of wood, and supplies solid wood products including: plywood, sawn timber, parquet flooring and glued-edge paneling. Co. is involved in forest and environmental consulting. Pulp Division and Energy Production: Co. is engaged in the production of Eucalyptus globulus-based TCF and ECF paper pulp. Co. is also involved in the generation of electricity through biomass power producing plants.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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