Business
Altri to Acquire a Majority Stake in AeoniQ™ to Scale World's First Industrial Production of Climate Positive Textile Yarn
Altri SGPS S.A. (ALTR.LS), a Portuguese-listed leader in sustainable cellulosic pulp production, has signed an agreement to acquire a majority stake in AeoniQ™ - marking a decisive leap into sustainable textiles. The Altri investment, including a capital increase, will allow building out commercial-scale AeoniQ™ production capacity, reinforcing its strategic vision to diversify into high-value, low-impact cellulosic applications.
About this update from Altri, Sgps, S.a.
[{"type":"text","content":"ZÜRICH and PORTO, Portugal, July 1, 2025 /PRNewswire/ -- Altri SGPS S.A. (ALTR.LS), a Portuguese-listed leader in sustainable cellulosic pulp production, has signed an agreement to acquire a majority stake in AeoniQ™ - marking a decisive leap into sustainable textiles. The Altri investment, including a capital increase, will allow building out commercial-scale AeoniQ™ production capacity, reinforcing its strategic vision to diversify into high-value, low-impact cellulosic applications.","length":490,"tagName":"p"},{"type":"image","alt":"Match made in heaven for textiles","displaySize":"","headline":null,"caption":"Match made in heaven for textiles","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/1cfe3ab623fdfc234153b9b864d9b11e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2Y8WHglnJsZe6NU.ahitgg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/1cfe3ab623fdfc234153b9b864d9b11e","width":400,"height":225}}},{"type":"text","content":"AeoniQ™, a Swiss-based cleantech spin-off of HeiQ Materials AG, has developed the world's first climate-positive, biodegradable cellulosic filament yarn engineered to replace polyester and nylon. The AeoniQ™ platform is poised to disrupt the global textile industry by offering a fully circular, plastic-free alternative that mirrors the performance of synthetic fibers - without their environmental toll.","length":409,"tagName":"p"},{"type":"text","content":"From Breakthrough to Scale: Industrializing AeoniQ™ in Portugal","length":63,"tagName":"p"},{"type":"text","content":"As part of the agreement, the world's first industrial AeoniQ™ plant will be constructed at Altri's Caima pulp mill. Construction is expected to begin in 2026 with an initial capacity of 1.750 tons per year. On top of the already existing pilot lines in Austria, a pre-industrial plant will be launched in early 2026 in Portugal to accelerate prototyping, brand partnerships, and capsule collections.","length":408,"tagName":"p"},{"type":"text","content":"The joint venture branded "AeoniQ," blends Altri's industrial expertise with HeiQ's technological prowess - "A" for Altri and "iQ" for HeiQ, a partnership for the next eon of mankind, the sustainable ...