Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. ENCE Energía y Celulosa, S.A.
  6. News
  7. Summary
    ENC   ES0130625512

ENCE ENERGÍA Y CELULOSA, S.A.

(ENC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ENCE Energía y Celulosa S A : and PackBenefit join forces to supply sustainable and safe food trays

08/20/2021 EDT

Ence, European leader in eucalyptus pulp production, and PackBenefit, a company specialized in the production of ecological packaging, have joined forces to launch to European markets - mainly France, Germany, Poland, Denmark, Sweden or Austria - innovative food trays. This product, based on sustainability and food safety, made with natural fibers, compostable, easily recyclable and a substitute for plastic material, is intended for use in collective catering (such as school and work canteens) or for prepared foods ('food- to-go ').

Recently, PackBenefit, based in Valladolid (Spain), has introduced Ence's short fiber cellulose in this type of trays intended for food use. It is, in detail, Decocell pulp, belonging to the Ence Advanced series of special products, with properties that allow them to replace plastic and long-fiber cellulose in multiple uses (materials with which, until now, this type of food packaging). The characteristics of this cellulose make it especially suitable. In addition, they allow the incorporation of increasingly valued aspects such as sustainability, safety in the use of materials in direct contact with food, and the ability to keep the content in optimal conditions, thus avoiding food waste. The use of a raw material of national origin also implies a lower carbon footprint of the final product.

In parallel, Ence and PackBenefit continue to develop R&D projects related to the application of microcelluloses and nanocelluloses in these types of products. This joint work aims to produce containers with greater resistance to heat and greater impermeability, which will mean greater versatility of this type of trays, and an optimization in the preservation of food.

Ence and PackBenefit share their firm commitment to the circular bioeconomy, by providing products made with natural, renewable, biodegradable and recyclable fibers, replacing others made with raw materials of fossil origin. Both companies are world pioneers in obtaining EPD (Environmental Product Declaration) for their cellulose and their packaging, respectively, and they work to offer society sustainable alternatives within the framework of the implementation of the SUP (Single Use Plastic) directive to reduce the impact of certain plastics on the environment.

Disclaimer

Ence Energía y Celulosa SA published this content on 20 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2021 07:41:05 UTC.


© Publicnow 2021
All news about ENCE ENERGÍA Y CELULOSA, S.A.
08:18aEnce obtained a profit of € 2.2 million in the third quarter of 2021, compared to losse..
PU
10/20ENCE ENERGÍA Y CELULOSA S A : Navia's biofactory certifies the energy efficiency of its pr..
PU
10/13Ence Selling 373-MW Solar Projects Portfolio in Spain
CI
10/13ENCE ENERGÍA Y CELULOSA S A : to Sell Solar Farm Projects In Spain
MT
10/07ENCE ENERGÍA Y CELULOSA S A : plants in Andalusia generate enough renewable energy to cove..
PU
09/29ENCE ENERGÍA Y CELULOSA S A : Results 2Q21
PU
09/29ENCE ENERGÍA Y CELULOSA S A : returns to profits of € 12 million in the second quarter, co..
PU
09/28ENCE Energía y Celulosa, S.A. Reports Earnings Results for the Half Year Ended June 30,..
CI
09/15ENCE ENERGÍA Y CELULOSA S A : renews its campaigns for forest owners until the end of the ..
PU
09/09ENCE ENERGÍA Y CELULOSA S A : is committed to sustainable industrial development and the s..
PU
More news
Financials
Sales 2021 818 M 951 M 951 M
Net income 2021 -87,0 M -101 M -101 M
Net Debt 2021 205 M 238 M 238 M
P/E ratio 2021 -7,38x
Yield 2021 0,94%
Capitalization 587 M 681 M 682 M
EV / Sales 2021 0,97x
EV / Sales 2022 0,87x
Nbr of Employees 1 153
Free-Float 52,6%
Chart ENCE ENERGÍA Y CELULOSA, S.A.
Duration : Period :
ENCE Energía y Celulosa, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ENCE ENERGÍA Y CELULOSA, S.A.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 2,42 €
Average target price 3,94 €
Spread / Average Target 62,8%
EPS Revisions
Managers and Directors
Ignacio de Colmenares y Brunet Chairman & Chief Executive Officer
Alfredo Avello de la Pena Chief Financial Officer
Jaime Argüelles Alvarez Chief Operating Officer & Director-Communications
José Guillermo Zubía Guinea Independent Director
Isabel Tocino Biscarolasaga Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
ENCE ENERGÍA Y CELULOSA, S.A.-28.66%681
UPM-KYMMENE OYJ2.46%19 305
STORA ENSO OYJ-7.00%13 733
SUZANO S.A.-13.82%12 193
SVENSKA CELLULOSA AKTIEBOLAGET SCA-2.51%11 394
SCG PACKAGING PUBLIC COMPANY LIMITED54.22%8 268