Ebro Puleva: may close three plants in Spain

Madrid / ES. (ep) The Ebro Puleva Group may close three of its seven plants in Spain on the back of the European Union sugar reform, Spanish newspapers are citing company chairman Antonio Hernandez Callejas. According to the reports Callejas said that the closures «would be the worst scenario», but noted that the company has possible alternative plans for the plants. The closures would be in Castile-Leon, Seville and Cadiz. Ebro Puleva SA is planning to invest 33 million Euro in a refining plant for imported sugar cane and a co-generation power plant in Guadalete, the newspapers report. The group also expects to invest 42 million Euro in a biodiesel plant to begin operations in 2009 in Jedula.