Annual Report 2018
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The Navigator Company Reaps the Fruit of Success at Vila Velha De Ródão Mill
THE NAVIGATOR COMPANY REAPS THE FRUIT OF SUCCESS AT VILA VELHA DE RÓDÃO MILL. The Navigator Company is a leading Who is The Navigator Company? producer of forestry, pulp & paper, What are your main products and tissue and energy. In 2015, it how are you positioned in terms of acquired AMS-BR Star Paper, S.A., market share? an established tissue producer that Joaquim Belfo: In 2009, we started owned two Toscotec AHEAD-2.0S up the second paper mill of Setubal tissue machines at its Vila Velha industrial complex - which includes De Ródão mill: PM1, started up in a pulp mill and two paper mills – 2009, 110 t/d capacity, 1,900 m/ and we called it “About the Future”. min operating speed, and PM2, in This undertaking decisively boosted operation since 2015, 115 t/d capacity Portugal’s industrial capacity and it and 2,000 m/min operating speed. positioned the Navigator Company as Europe’s leading manufacturer Joaquim Belfo, Mill Manager BU of uncoated woodfree paper (UWF) Tissue VVR and Pedro Antunes, Tissue and the sixth largest manufacturer Production Manager, shared their worldwide. Secondly, we are one of views on the efficiently integrated industrial unit at Vila Velha De Ródão and the cooperation with Toscotec, the mill’s tissue manufacturing turnkey supplier. the largest producers of bleached 29% of the company’s shares and Zoom eucalyptus kraft pulp (BEKP) in the Investment holds the remaining 2%. world, for which we rank first in Europe. We currently have an installed What can you tell us about your first capacity of 1.6 million tonnes of pulp cooperation with Toscotec in 2009, - of which 1.1 million integrated with PM1 at Vila Velha De Ródão mill? 10 paper production - and 1.6 million years on, how is PM1 performing? tonnes of paper. -
Portugal – an Atlantic Extreme Weather Lab
Portugal – an Atlantic extreme weather lab Nuno Moreira ([email protected]) 6th HIGH-LEVEL INDUSTRY-SCIENCE-GOVERNMENT DIALOGUE ON ATLANTIC INTERACTIONS ALL-ATLANTIC SUMMIT ON INNOVATION FOR SUSTAINABLE MARINE DEVELOPMENT AND THE BLUE ECONOMY: FOSTERING ECONOMIC RECOVERY IN A POST-PANDEMIC WORLD 7th October 2020 Portugal in the track of extreme extra-tropical storms Spatial distribution of positions where rapid cyclogenesis reach their minimum central pressure ECMWF ERA 40 (1958-2000) Events per DJFM season: Source: Trigo, I., 2006: Climatology and interannual variability of storm-tracks in the Euro-Atlantic sector: a comparison between ERA-40 and NCEP/NCAR reanalyses. Climate Dynamics volume 26, pages127–143. Portugal in the track of extreme extra-tropical storms Spatial distribution of positions where rapid cyclogenesis reach their minimum central pressure Azores and mainland Portugal On average: 1 rapid cyclogenesis every 1 or 2 wet seasons ECMWF ERA 40 (1958-2000) Events per DJFM season: Source: Trigo, I., 2006: Climatology and interannual variability of storm-tracks in the Euro-Atlantic sector: a comparison between ERA-40 and NCEP/NCAR reanalyses. Climate Dynamics volume 26, pages127–143. … affected by sting jets of extra-tropical storms… Example of a rapid cyclogenesis with a sting jet over mainland 00:00 UTC, 23 Dec 2009 Source: Pinto, P. and Belo-Pereira, M., 2020: Damaging Convective and Non-Convective Winds in Southwestern Iberia during Windstorm Xola. Atmosphere, 11(7), 692. … affected by sting jets of extra-tropical storms… Example of a rapid cyclogenesis with a sting jet over mainland Maximum wind gusts: Official station 140 km/h Private station 00:00 UTC, 23 Dec 2009 203 km/h (in the most affected area) Source: Pinto, P. -
Lisbon - Derivatives 17 November 2017
Euronext Lisbon - Derivatives 17 November 2017 Contract name Contract Contract Date Volume Open Change Settlement High Low Product group Market code delivery Interest Price PSI20 Index Future PSI Dec 17 2017-11-17 50 15,666 -50 5,251.0000 5,255.00 5,240.00 Index Futures Lisbon PSI20 Index Future PSI Mar 18 2017-11-17 5,250.0000 Index Futures Lisbon PSI20 Index Future PSI Jun 18 2017-11-17 5,081.0000 Index Futures Lisbon PSI20 Index Future PSI Sep 18 2017-11-17 5,043.0000 Index Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Dec 17 2017-11-17 3.1573 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Jan 18 2017-11-17 3.1564 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Mar 18 2017-11-17 3.1551 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Jun 18 2017-11-17 2.6727 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Sep 18 2017-11-17 2.6710 Stock Futures Lisbon Energias de Portugal Stock Future EPM Dec 17 2017-11-17 2.9143 Stock Futures Lisbon Energias de Portugal Stock Future EPM Jan 18 2017-11-17 2.9135 Stock Futures Lisbon Energias de Portugal Stock Future EPM Mar 18 2017-11-17 2.9123 Stock Futures Lisbon Energias de Portugal Stock Future EPM Jun 18 2017-11-17 2.7200 Stock Futures Lisbon Energias de Portugal Stock Future EPM Sep 18 2017-11-17 2.7183 Stock Futures Lisbon Galp Energia SGPS SA - Dividend Future GE8 Dec 17 2017-11-17 0.4988 Stock Futures Lisbon Galp Energia SGPS SA - Dividend Future GE8 Dec 18 2017-11-17 0.5000 Stock Futures Lisbon Galp Energia SGPS SA - Dividend Future GE8 Dec 19 2017-11-17 0.5000 Stock Futures Lisbon Galp Energia SGPS SA - Dividend Future GE8 Dec 20 2017-11-17 0.5000 Stock Futures Lisbon Galp Energia SGPS SA - Dividend Future GE8 Dec 21 2017-11-17 0.5000 Stock Futures Lisbon Galp Energia, SGPS, S.A. -
About Our Paper
PAPER our about sustainability report 08/09 Grupo Portucel Soporcel Mitrena – Apartado 55 2901-861 Setúbal – Portugal www.portucelsoporcel.com Development and Coordination Sustainability Committee Forest and Environment Advisory to the Board Corporate Image and Communication Department Publication Characteristics Inside pages were printed on 120 g/m2 Inaset Premium Offset and cover on 350 g/m2 Soporset Premium Offset both with FSC certification. Certification Consults Deloitte & Associados SROC, S.A. Acknowledgment We would like to thank our employees for having taken part in the photographs that illustrate the Company’s Sustainability Report The electronic version of Sustainability Report 08/09 is available at the Company’s website www.portucelsoporcel.com Images Group’s Image Bank Slides & Bites Paulo Oliveira (Pages. 7, 10, 14, 25, 37, 39, 51, 54, 57, 61, 63, 69, 70, 73, 74, 116) Joaquim Pedro Ferreira (Page 33) Design and Production P-06 Atelier Graphic Lidergraf Free translation of a report originally issued in Portuguese. In the event of discrepancies, the Portuguese language version prevails. PAPER our about sustainability report 08/09 Our paper is an environmentally responsible product, which is made from a renewable natural resource planted specifically for this purpose. By choosing to print on our paper you will also be contributing to sustainable development as implemented under the forestry management model of the Portucel Soporcel group. If you make sure our paper is recycled after use, your contribution may be rewarded in the form of another paper product. CONTENts 1. AboUT THis Report 6 2. Messages from THE board 12 3. 2008/2009 HigHligHts 18 4. -
General Clauses of the Single Stock Futures Contract
General Clauses of the Single Stock Futures Contract Under Section 2 of Article 207 of the Securities Code, the EURONEXT LISBON ‐ Sociedade Gestora de Mercados Regulamentados, S.A. (hereinafter EURONEXT LISBON) approved the following General Clauses: Clause I 1. These General Clauses contain the special provisions applicable to operations using the stock future contracts representing the share capital of the companies duly identified in the attached Contract Specifications (the “CS”). Each contract is identified in the CS. 2. Each contract equals rights over 100 (hundred) underlying shares, to trading in the Euronext Lisbon market, representing the share capital of each company identified in the Contract Specifications attached. 3. The number of underlying shares of the Single Stock Future contracts may be adjusted under the terms that EURONEXT LISBON may come to define. Clause II The contract price is represented in euros per share. Clause III The minimum price variation (tick) of the contract is € 0.0001 (one hundredth of a euro cent). Clause IV EURONEXT LISBON may set maximum contract price variation limits in relation to the previous session’s settlement price. Clause V Contract expiry months can be traded with a maximum maturity of months, in line with the contract month cycles set by EURONEXT LISBON in the Contract Specifications. Clause VI 1. The last trading day of each expiry month is the third Friday of the expiry month. 2. If the third Friday of the expiry month is not a business day, the last trading day will be the business day preceding the third Friday. 3. On the business day following the last trading day of a certain expiry month, a new expiry month becomes available for trading. -
Lisbon - Derivatives 03 August 2021
Euronext Lisbon - Derivatives 03 August 2021 Contract name Contract Contract Date Volume Open Change Settlement High Low Product group Market code delivery Interest Price PSI20 Index Future PSI Sep 21 2021-08-03 6,880 0 5,110.0000 Index Futures Lisbon PSI20 Index Future PSI Dec 21 2021-08-03 5,103.0000 Index Futures Lisbon PSI20 Index Future PSI Mar 22 2021-08-03 5,095.0000 Index Futures Lisbon PSI20 Index Future PSI Jun 22 2021-08-03 4,951.0000 Index Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Aug 21 2021-08-03 4.4338 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Sep 21 2021-08-03 4.4318 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Oct 21 2021-08-03 4.4299 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Dec 21 2021-08-03 4.4254 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Mar 22 2021-08-03 4.4196 Stock Futures Lisbon CTT-Correios De Portugal - Stock Future CT6 Jun 22 2021-08-03 4.3142 Stock Futures Lisbon EDP Energias de Portugal SA - Dividend EV8 Sep 21 2021-08-03 0.1900 Stock Futures Lisbon Future EDP Energias de Portugal SA - Dividend EV8 Dec 21 2021-08-03 0.1900 Stock Futures Lisbon Future EDP Energias de Portugal SA - Dividend EV8 Mar 22 2021-08-03 0.0000 Stock Futures Lisbon Future EDP Energias de Portugal SA - Dividend EV8 Jun 22 2021-08-03 0.2000 Stock Futures Lisbon Future EDP Energias de Portugal SA - Dividend EV8 Sep 22 2021-08-03 0.2000 Stock Futures Lisbon Future EDP Energias de Portugal SA - Dividend EV8 Dec 22 2021-08-03 0.2000 Stock -
Reply to Referees
Reply to referees - WCD-2020-54 - "A numerical study to investigate the roles of former hurricane Leslie, orography, and evaporative cooling in the 2018 Aude heavy precipitation event" We thank the referees for their thoughtful comments, which we have addressed below. Comments from referees are in italics 5 and our response is in upright font. Parts added to the manuscript are in blue and deleted parts are in red. Lines refer to the lines of the preprint. Reply to anonymous referee #1 Generic comments This study investigates the mesoscale dynamics of the heavy precipitation event affecting the Aude region during 10 the heavy precipitation event of the 14-15 October 2018. After a (too ?) long and detailed description, the roles of former hurricane Leslie, the orography, and evaporative cooling are examined. The interaction of the incoming trough and surface cyclone with the orography helped the convective activity focusing west of the quasi-stationary cold front and downwind of the Albera Massif. Leslie’s remnants are involved in the formation of the second cold front CF2 and contributed to the supply of low-level conditionally unstable air in the second part of the event. 15 However, the grater contribution to the precipitation over the Aude department mainly originated from moisture coming from the Mediterranean Sea. Finally evaporative cooling did not seem to play a substantial role in the dynamics but only in the control of the total simulated amount of precip. The paper is well written and clearly structured however I feel it sometimes goes too long in the description of the dynamics of the event in a dispropor- tionate way compared to the focus of the research. -
The Rain in Portugal Ebook, Epub
THE RAIN IN PORTUGAL PDF, EPUB, EBOOK Billy Collins | 128 pages | 26 Jan 2017 | Pan MacMillan | 9781509834259 | English | London, United Kingdom The Rain in Portugal PDF Book It can still rain but exceptionally rare. Research Data Media Blog. Due to the topography of the island, you can find different climates on the island. Businesses need to continue their drive towards a zero-carbon future, while at the same time increasing the pace and scale of the transition, while governments need to increase the ambition of their national emissions reduction plans to ensure an enabling environment for rapid and widespread progress. Chaos Unleashed. From New York Times bestselling author and acclaimed videogame writer Drew Karpyshyn comes the third and final novel in an original epic fantasy trilogy for fans of Terry Anytime I can spend time with the words of Billy Collins, life is good. Inspired by Your Browsing History. Richly imagined, gothically spooky, and replete with the ingenious storytelling ability of a born novelist, The Good Thief introduces one of the most appealing young heroes in contemporary fiction and ratifies Hannah Tinti as one of our most exciting new Become a Member Start earning points for buying books! View Product. When I was young, August always brought such events to our doorstep. Sign in to Purchase Instantly. Later, the news clarified that this huge shadow cast across the British capital — some miles away — was in fact caused by the smoke and soot of the wildfires in Portugal, transported by the winds of Hurricane Ophelia. He lives in Florida with his wife Suzannah. -
Av. João XXI, Nº 63 - 1000-300 Lisbon – Portugal
Disclaimer The reports published on this website (http://www.caixabi.pt) have been prepared by Caixa - Banco de Investimento, SA. The information upon which these reports were based has been obtained from sources that we believe to be reliable, but we do not guarantee that it is accurate or complete. No part of these documents may be (i) copied or duplicated by any form or means, or (ii) redistributed without the prior written consent of Caixa - Banco de Investimento, SA. The analysts responsible for theses reports have not received and will not receive direct or indirect compensation in exchange for expressing specific recommendations or views by CaixaBI. At any time Caixa Geral de Depósitos, CaixaBI's parent company, or any affiliated companies (or employees) may have a position subject to change in these securities. There are no pre-established policies regarding frequency, change or update in recommendations issued by Caixa Banco de Investimento, SA and the same applies to our coverage policy. Opinions in these reports are subject to change without notice. These documents is for your private information, and is not to be constructed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. Any opinion or recommendation contained herein and in the investments to which they refer may not be appropriate for investors due to their specific financial position or investment targets. Investors should consider these reports as only a single factor in making their investment decision. Any recommendation and opinions contained in these reports may became outdated as a consequence of changes in the environment in which the company under analysis operates, in addition to changes in the estimates and forecast, assumptions and valuation methodology used herein. -
Curriculum Vitae
Curriculum Vitae Jorge Catulo Partner Portugal Education and Participation in Professional Organization: Graduated in Economics by the Universidade Católica Portuguesa (1989). Qualified as Certified Public Accountant (1997). Partner Deloitte & Associados, SROC S.A. Most Relevant Projects: (Portugal) Partner responsible for the audit work of Empresa de Av. Engº Duarte Pacheco, 7 Eletricidade da Madeira, Generg Group, Iberwind, Logoplaste 1070-100 Lisboa Group, Siderurgia Nacional, TrustEnergy, Luis Simões Group, INAPA Group, Lusoponte Group, among others. Tel. +351 210 427 617 [email protected] Partner responsible for the audit work of ENACOL (Cape Verde) and ENAPOR (Cape Verde) in previous years. Review of internal control procedures under the Sarbanes- Oxley Act project for EDP Group, Tejo Energia and International Power. Partner responsible for the audit work of Galp Energia Group (Petrogal, GDP and Galp Power - includes companies from cogeneration, combined cycle and energy including Wind Farms), from 2004 to 2010. Supported the conversion of financial statements to IAS / IFRS in the group Galp Energia, Lusoponte, Metropolitano de Lisboa, among others. Supported Galp Energia Group in its Initial Public Offering (IPO). Supported Galp Energia Group in the development and definition of accounting policies and practices concerning the activity of Petroleum Exploration and Production. Audit of recoverable costs as part of Concession Contracts and Production Sharing Agreements for several oil exploration and production companies in Angola (Total E&P Angola, Chevron and Sonangol Pesquisa & Produção). Between 1996 and 2001 was the Manager responsible for the audit work of Semapa Group and Secil Group. Between 2001 and 2003 was the Partner responsible for the audit work of Secil. -
Capital Adequacy (E) Task Force RBC Proposal Form
Capital Adequacy (E) Task Force RBC Proposal Form [ ] Capital Adequacy (E) Task Force [ x ] Health RBC (E) Working Group [ ] Life RBC (E) Working Group [ ] Catastrophe Risk (E) Subgroup [ ] Investment RBC (E) Working Group [ ] SMI RBC (E) Subgroup [ ] C3 Phase II/ AG43 (E/A) Subgroup [ ] P/C RBC (E) Working Group [ ] Stress Testing (E) Subgroup DATE: 08/31/2020 FOR NAIC USE ONLY CONTACT PERSON: Crystal Brown Agenda Item # 2020-07-H TELEPHONE: 816-783-8146 Year 2021 EMAIL ADDRESS: [email protected] DISPOSITION [ x ] ADOPTED WG 10/29/20 & TF 11/19/20 ON BEHALF OF: Health RBC (E) Working Group [ ] REJECTED NAME: Steve Drutz [ ] DEFERRED TO TITLE: Chief Financial Analyst/Chair [ ] REFERRED TO OTHER NAIC GROUP AFFILIATION: WA Office of Insurance Commissioner [ ] EXPOSED ________________ ADDRESS: 5000 Capitol Blvd SE [ ] OTHER (SPECIFY) Tumwater, WA 98501 IDENTIFICATION OF SOURCE AND FORM(S)/INSTRUCTIONS TO BE CHANGED [ x ] Health RBC Blanks [ x ] Health RBC Instructions [ ] Other ___________________ [ ] Life and Fraternal RBC Blanks [ ] Life and Fraternal RBC Instructions [ ] Property/Casualty RBC Blanks [ ] Property/Casualty RBC Instructions DESCRIPTION OF CHANGE(S) Split the Bonds and Misc. Fixed Income Assets into separate pages (Page XR007 and XR008). REASON OR JUSTIFICATION FOR CHANGE ** Currently the Bonds and Misc. Fixed Income Assets are included on page XR007 of the Health RBC formula. With the implementation of the 20 bond designations and the electronic only tables, the Bonds and Misc. Fixed Income Assets were split between two tabs in the excel file for use of the electronic only tables and ease of printing. However, for increased transparency and system requirements, it is suggested that these pages be split into separate page numbers beginning with year-2021. -
Provisional. Subject to Changes
MASTERS SYLLABUS 2335- Global Supply Chain Management, « » ECTS Semester 2 First Half (T3) 2016/17 Name of Course Instructor: José Crespo de Carvalho Short Biography: PhD in Management (ISCTE–IUL); MSc and MBA in Management (ISCTE– IUL); Post graduated in Project Management (IST–UTL) and BSc (pre-Bolonha) in Civil Engineering (IST–UTL). Full Professor at Nova SBE and former member of the Board – Caixa Geral de Depósitos and former member of the board of other companies, Portuguese or International. Large experience in consultancy development. Several papers in journals and conference proceedings. 25 ISBN published books. José Crespo de Carvalho has signed several (currently more than 50) strategic, negotiation and/or supply chain management projects, for several industrial sectors, companies or institutions. Among the companies he has consulted one may see, for example, third party providers, ports, producers or distributors of food and non-food based companies, banks, insurance companies, hospitals, pharmaceuticals, rail transportation, civil construction firms, law firms, pulp and paper, energy and renewable energies, telecommunications, automotive companies, metallurgical, chemical, cements, agro bulk cargo companies, wine companies, reverse logistics companies, associations, governments – Ministry of Economics and Ministry of Health – among others. changes. Examples of some companies and institutions, among several othersto he has worked with, are: Luís Simões Group, Ramazzotti, Fiege, SDF, APSS – Setúbal Port, APL – Lisbon Port,