Carbon & Energy

Emission trading (CER) and energy from own power plant

As in the previous year, CER certificates in the amount of EUR 0.1 million were sold in the first half-year.

For the first time, sales revenue also resulted from energy production in June. After the complete takeover of the shares in what is now MIL Energia Renovável Ltda., sales of EUR 0.3 million were realized. The energy production enables the company to cover its own needs but also to supply the nearby town. Because the sawmill was not in operation in June, biomass from the forest had to be processed resulting in additional costs. Accordingly, this led to a negative operating result (EBITDA) of EUR –0.1 million in June.