| Project Detail |
The project consists of multiple investment schemes in environmental upgrades and modernisation of existing pulp, paper and packaging facilities in Portugal that will be implemented during 2024-2026. The focus will be on renewable energy (biomass, solar) and energy efficiency measures, as well as other enabling activities that will support the promoters decarbonisation plan. Objectives The aim is to increase the overall resource efficiency of the industrial facilities as well as reduce greenhouse gas emissions through enhanced renewable energy generation and energy efficiency measures. The project will address suboptimal investment situations in cellulose-based packaging and tissue industry by enabling the production of sustainable, recyclable and renewable cellulose-based products, which are not yet competitive with the mainstream (fossil-based) solutions. Sector(s) Industry - Manufacturing Proposed EIB finance (Approximate amount) EUR 80 million Total cost (Approximate amount) EUR 164 million |
