The Portuguese cellulose fiber manufacturer Altri joins the textile industry. He takes over the majority to Aeoniq, a Swiss company in the Heq Group.
The takeover includes a capital increase. It is an important step in Altris diversification strategy. The company wants to establish its fibers beyond paper and traditional forest products in the textile and fashion sector. The aim is to develop biodegradable alternatives to polyester and nylon. These should be in accordance with the European Union’s climate and circulatory economic destinations. The transaction is still subject to the usual conditions. It is expected for the second half of 2025.
AEONIQ has developed a technology with which yarns with similar properties such as synthetic fibers can be produced. These offer elasticity, resistance, softness and texturation. At the same time, the environmental pollution should be significantly reduced. The AEONIQ filaments can be biodegradable in marine, terrestrial and industrial environments.
The first business results are promising. Hugo Boss, also a co-investor, has integrated AEONIQ in capsule collections. The Portuguese textile manufacturer Lameirinho created a vegan silk from the material for the home textile area, which was presented on the home textile 2025. According to a life cycle analysis (LCA), every kilogram of AEONIQ yarn produces up to 3.2 kilograms less CO2 than conventional polyester.
This step comes for the textile industry at an important time. Because the regulatory and social requirements for sustainability are changing. Europe has been pushing for more responsible production models for years. However, the uncertainty about the adoption of the directive on green statements by the European Commission remains.
Production facility in Portugal and validation on a large scale
As part of the agreement, the world’s first industrial production facility of AEONIQ at the Altri location Constância (Portugal) is being built under the Caima brand. The system will have an initial capacity of 1,750 tons per year. It should go into operation at the end of 2026. In addition, a pre -production system for technical tests and cooperation with brands will be installed in early 2026.
These new infrastructures complement the pilot plants already active in Austria. There is the Aeoniq technology in an advanced stage of validation. The joint venture is maintained the name Aeoniq. It combines the industrial strength of Altri with the innovative strength of Heq.
The project is supported by well -known industrial companies. In addition to Hugo Boss, the co-investors also include Mas Holdings, the largest manufacturer of functional clothing in South Asia, and The Lycra Company. The latter has acquired the exclusive global sales rights for AEONIQ. Companies such as Riopele, Impetus, Beste, Taiana, Feinjersey and the Aunde Group actively participate in the technical and commercial validation of the new material.
Altri accelerates its switch to textiles
The takeover of AEONIQ increases the existing strategy of Altri. In the past few weeks, the group has announced strategic investments at its most important production locations. The aim is to realign the textile sector. In Portugal, Altri is investing 75 million euros in the conversion of his Biotek plant in Vila Velha de Ródão. Production is to be aligned with textile cellulose fibers such as Lyocell. The integration of agricultural, forestry and textile waste as secondary raw materials is planned.
At the same time, the group confirmed the details of the ‘Project Gamma’ in Galicia. This system is aimed exclusively for textile production. In a second phase, it should also include textile recycling processes. The facility in Palas de Rey will work with an initial capacity of 200,000 tons per year. It will use advanced technologies for the production of lyocell and soluble fibers. Altri thus strengthens its position in the European textile value chain.
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