October 2, 2023
(press release)
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Ence – Energía y Celulosa has been awarded the forest assets of Sniace in the auction held within the framework of said company’s bankruptcy procedure. This heritage, located in Cantabria, represents a total of 3,362 forest hectares, and also includes other assets, such as five Nitens eucalyptus seed orchards and two commercial species of Glóbulus eucalyptus, resistant to local pests of this crop. Ence thus continues to advance in sustainable forest management. A strategic line of business for the Group and fully aligned with its commitment to the bioeconomy. Likewise, this award will allow the company to give new impetus to its development program for new plant material adapted to the conditions of climate change.
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