Altri completes AeoniQ acquisition

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Purchase of majority stake will enable the development of the world’s first, commercial-scale AeoniQ manufacturing facility

Portuguese pulp manufacturer Altri has completed its purchase of a majority stake in HeiQ Materials spinoff, AeoniQ, the manufacturer of biodegradable cellulosic filament yarn.

The acquisition of the 58% stake in AeoniQ, which also counts Boss and MAS Holdings amongst its investors, will enable the development of the world's first AeoniQ manufacturing site, which will be built at Altri's existing plant in Caima, Constância.

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