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Torraspapel reaffirms its commitment to sustainability

Friday, October 30, 2009

Press release from the issuing company

One of the pillars supporting the environmental policy of Torraspapel, part of the Lecta Group, is transparent, periodic communication of the Company's environmental practices. Since 2005, the Company has published a biannual Environmental Report, a public review of the environmental impact of its operations, in which it details actions taken in pursuance of/to further its commitment to sustainability, and publicly sets out new commitments and challenges for the future.

Since 2002, Torraspapel has earmarked investments of more than 30 million Euros for environmental objectives. During the last two years, Torraspapel has put a great deal of effort into acquiring environmental management certification for its mills in accordance with the strictest standards, such as those established by European EMAS regulation, as well as obtaining PEFC and FSC chain-of-custody certifications to guarantee the sustainable origin of the wood used in the manufacturing of paper. In addition to these advances in environmental certifications, Torraspapel has reduced the environmental impact of its activities by eliminating the use of fuel-oil, improving process energy efficiency, reducing water disposal and improving effluent quality, eliminating odors at the Zaragoza (Spain) cellulose-pulp production plant, and reducing the amount of waste sent to disposal sites.

Torraspapel's advances in the area of sustainability are not limited to environmental matters. Torraspapel collaborates in joint projects with NGOs and organizations dedicated to forest preservation, participates in and sponsors activities to support education and professional training in the graphic arts, and, since 2004, has adhered to the United Nations Global Compact, with a yearly progress report detailing advances made in the areas of Human Rights, Labor, the Environment, and the Fight against Corruption.





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