Ence Energia y Celulosa SA, formerly Grupo Empresarial ENCE SA, is a Spain-based company engaged in the operation of pulp mills. The Company’s activities are divided into two business units: Pulp and Energy. The Pulp business unit is subdivided into three segments: Pulp, manufacturing pulp and pulp derivatives, such as lignin and biomass, as well as co-generating energy; Forest Management, providing forest crops and wood raw materials, and Forest Services & Other, including residual business activities, as well as forest support services. The Energy business unit focuses on generating energy using forestry and agricultural biomass, as well as, thermos and solar electric energy generation. The Company operates pulp mills and power generation plants in Spain.
ENCE Energia y Celulosa SA (ENC.xmad) News Ence manages almost 66,000 ha in Spain. 70% has been allocated to the production of wood for pulp, and 23%, (around 14,800 hectares) has been allocated to the protection and conservation of ecosystems. It is more than 85% of Ence's forest assets in Spain that have been certified by many of the most advanced international standards in the field of forest management and traceability and custody chain. These standards include the FSC ® (Forest Stewardship Council ®) and the PEFC (Program for the Endorsement of Forest Certification).
ENCE’s shares are listed on the Spanish stock exchange and the continuous market since it was fully privatised in 2001. They are traded in the Ibex Medium Cap index. ENCE’s stock codes on Bloomberg and Reuters are ENC.SM and ENC.MC, respectively. ENCE Energia y Celulosa SA (ENC.xmad) Analysis To establish its sustainability priorities, Ence started with a materiality analysis carried out in 2019, in which the most relevant aspects for its stakeholders and for the company itself were identified. The analysis was conducted with a long-term approach, for a period of five years (2019-2023), the same projected timeframe as the company's strategic plan and sustainability master plan.
Market cap 565.689 m EUR
Revenue: 707.7 million EUR
ENCE Energia y Celulosa SA (ENC)
Get ENCE Energia y Celulosa SA (ENC) share price insights and trends to guide your trading decisions. Stay updated with FP Markets Switzerland.