One of the most relevant cases of industrial transformation is Mascarillas Bejar, one of the 16 manufacturers integrated into the Association. The company, owned by CW Holding, is studying investing in the Sniace de Torrelavega (Cantabria) pulp mill, which has been in bankruptcy since 2013, the Salamanca company reported on Monday.
The firm seeks with this operation to be able to count on the raw material it needs from Spain and close dependence on Asian suppliers, especially Chinese manufacturers. Sniace has been trying to restart part of its facilities since 2017, with new investors. Clemente Fernández, former president of Amper and candidate to preside over Abengoa, championed another group of minorities at the beginning of the month, this time that of Sniace shareholders.
The intention is for ICW Holding to resume the activity of Sniace with the maintenance of the entire production unit, have its workforce of more than 400 workers and “allow the relaunch of its activity and production.”