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Ence Energía y Celulosa, S.A., founded in 1957 and headquartered in Madrid, Spain, specializes in the production of eucalyptus hardwood pulp and renewable energy. The company operates pulp mills in Pontevedra and Navia, manufacturing bleached eucalyptus kraft pulp, and manages over 66,000 hectares of timberland in Spain. Through its subsidiary, Magnon Green Energy, Ence generates renewable energy from forestry and agricultural biomass, with power plants located in Huelva, Mérida, Ciudad Real, Jaén, and Lucena. In recent years, Ence has diversified into producing specialty pulps, such as fluff pulp for hygiene products, and has expanded into biogas and biofertilizer production. The company's strategic focus on sustainability and the circular economy underpins its operations and growth initiatives. (,,)

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $34 billion in revenue in 2025.