Brief: Altri Sees Lugo Province In Spain As Best Location For Natural Fibre Biofactory

Altri, SGPS

26/04/2022 14:23

April 26 (Reuters) - Altri SGPS SA  ALSS.LS :
    * SEES LUGO PROVINCE IN GALICIA REGION, SPAIN, AS BEST
LOCATION
FOR NATURAL FIBRE BIOFACTORY
    * BIOFACTORY WOULD BE BUILT FROM SCRATCH IN PARTNERSHIP WITH
IMPULSA GALICIA, PUBLIC-PRIVATE CONSORTIUM UNDER SPANISH LAW
    * PROJECT COULD REACH INVESTMENT OF AROUND 750 MILLION EUROS
    * BIOFACTORY FOR TEXTILE SECTOR WOULD HAVE INSTALLED
PRODUCTION
CAPACITY OF ABOUT 200.000 TONS OF CELLULOSIC TEXTILE FIBRES PER
YEAR

  
 Source text: https://bit.ly/3rRm2bQ 
 Further company coverage:  ALSS.LS  

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