Radar > 221117

Grupo Portucel Soporcel to announce the entry in new business area

Grupo Portucel Soporcel vai anunciar a entrada numa nova área de negócio

Intel ID : 221117
Synopsis

Portucel will announce construction of a factory in South Carolina, USA, and entering a new business sector: wood pellet production. Portucel's president, Diogo da Silveira, is in the United States with World Bank's representatives.

In addition, Portucel is working on Cacia factory reconversion, aiming to enter the tissue market. The company wants to become stronger than Renova, using its factory in Aveiro, and lead the European market in paper tissues, paper towels, toilet paper and others. Portucel is market leader in the uncoated paper segment.
(content in portuguese)

A Portucel vai anunciar a construção de uma fábrica na Carolina do Sul, Estados Unidos, e a entrada numa nova área de negócio: a produção de pellets (concentrados de madeira utilizados como combustível). O presidente da Portucel, Diogo da Silveira,está nos EUA reunido com os responsáveis do Banco Mundial.

Além deste investimento, a Portucel está a trabalhar, na reconversão da fábrica de Cacia, com o objectivo de entrar o mercado de tissue. A partir da unidade de Aveiro, a empresa liderada por Diogo da Silveira quer destronar a Renova e liderar o mercado europeu de lenços de papel, papel de cozinha, papel higiénico e outros, repetindo a liderança já alcançada no mercado de papel não revestido.

Target


Intel ID 221117
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Portucel Soporcel
(31 Dec 2022)
Revenue: EUR 2.590,67m
EBITDA: EUR 729,09m
Net Debt: EUR 1.309,24m
People: 3246
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber (Primary)
Primary Sector (TTRSC)
55.04.04 Pulp & Paper Products
55 Raw Materials & Natural Resources / 55.04 Forestry

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.