Installed in Portugal in 1965, Celulose Billerud SARL emerged as an initiative of Billerud AB, a Swedish company related to one of the former and largest Portuguese industrial groups, the Companhia União Fabril (CUF). The company started in 1967, with the production of soluble pulp destined to the manufacture of textile fibers, with 80 000 tonnes as full capacity. In June 2006, the Altri Group entered into an agreement that lead to the acquisition of 100% of the voting rights of the organization, and the deal was completed in August 2006.
Currently, the company is called Celbi S.A, belonging to the ALTRI group, dedicating itself to the production of short fiber pulp, of high quality, from Eucalyptus, suitable for the production of certain types of paper and cardboard, having at the moment 235 employees.
Today, the company is a worldwide reference in the production of eucalyptus pulp, being one of the most efficient producers in Europe (production in closed process, ecologically and environmentally balanced), with an annual production capacity of about 700,000 tons.
Celbi is part of the Altri Group, where Caima and Celtejo also belong to, being producers of bleached eucalyptus pulp as well, with a nominal annual production of about 1 million tons.
Altri is listed on the Lisbon Stock Exchange (Euronext Lisbon) since March 2005, which holds its main stock market index, PSI20.
The company has 205.131.672 shares that were admitted into quotation in March 2005.
To the three paper pulp mills, we add the Altri Florestal and EDP Bioeléctrica.
And being forest management a central activity of Altri, which manages more than 84 thousand hectares of certified forest in Portugal, the wood self-sufficiency is around 30%.
In order to optimize the forest management, the Group acquired 50% of Bioeléctrica EDP (in partnership with EDP), a company dedicated to the production of electricity through biomass.