- Business
- Altri, SGPS, S.A. operates in the production and global distribution of cellulosic fibers. The company's primary offerings include bleached eucalyptus kraft pulp, essential for a variety of paper products like tissues, as well as printing and writing papers. Additionally, Altri produces dissolving pulp, specifically utilized in the textile industry for manufacturing fibers such as rayon. Beyond its core pulp activities, Altri is deeply involved in comprehensive forest management, overseeing approximately 90.4 thousand hectares of certified eucalyptus forests across Portugal. This integrated approach extends to timber commercialization and the generation of renewable energy. The company leverages forest resources for industrial cogeneration, transforming black liquor and biomass into electricity. Other business areas encompass plant nurseries, services related to forestry and landscapes, and certain real estate ventures. In recent strategic moves, Altri has expanded its focus to sustainable textiles, exemplified by its July 2025 acquisition of a majority stake in AeoniQ™, a company developing climate-positive, biodegradable cellulosic filament yarn intended to replace synthetic fibers. This initiative includes plans for a new industrial plant at the Caima mill. The company is also undertaking a significant conversion project at its Biotek mill to enhance dissolving pulp production, with new equipment scheduled for startup in 2026 and 2027. Furthermore, Altri solidified its presence in Galicia, Spain, in May 2025 through the acquisition of Greenalia Forest and Greenalia Logistics, supporting its regional projects. The group reported total revenues of €855.3 million for 2024. Founded in 2005, Altri maintains its headquarters in Porto, Portugal.