ALTRI
CLICK TO WATCH : ‘ PORTO AND THE NORTH AS NEVER SEEN BEFORE ’ 77 sustainable financing . Having signed the Letter of Commitment to Sustainable Financing in Portugal as part of its wider sustainability strategy , it has committed to investment in opportunities which promote and develop solutions that will facilitate the realisation of Portuguese carbon neutrality by 2050 .
ALTRI
Another major player based in Porto is industrial conglomerate Altri , a firm focused primarily on eucalyptus pulp production , strategic forest
management and renewable energy generation . Founded in 2005 , the firm posted revenues of € 612mn in 2016 through its 692 employees . The group ’ s primary eucalyptus pulping arm , Celbi , produces over 770,000 tonnes of pulp annually , while its Celtejo factory produces over 200,000 tonnes of bleached pulp each year .
The firm ’ s integrated forestry programme enables sustainable operations from a wood sourcing perspective , as well as providing an avenue for selfsustained renewable energy production .
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