Altri wants to build a natural fiber production plant in Lugo, Galicia. The project could cost around € 750 million and is based on the Spanish Recovery and Resilience Plan (PRR), the papermaker said in a statement.
“Altri shows that the ideal place for the production of natural fibers for the bio-plant would be in the municipality of Palas de Rhine, Comarca de A Ulla, in the province of Lugo, in the Autonomous Community of Galicia,” the memorandum states.
The unit would cover an area of more than 200 hectares, and Altr already has guaranteed access to the land needed for implementation. To make this choice, the company analyzes 46 locations in Spain.
The bio mill will be able to produce about 200,000 tons of cellulose-based textile fibers annually, starting with an initial production of about 60,000 tons of lyocell.
The paper company, led by José Soares de Pina, estimates that “the investment should be around € 750 million”, which is “naturally included” ‘The “Next Generation EU” and the Spanish National Recovery and Survival Plan in the context of the “Proyecto de Gestión Sostenible de los Bosques Gallegos” project.
The statement also states that this decision came after Altri signed a letter of intent in October with the Galician Association for the Development of Strategic Projects, a consortium of Spanish public and private sectors.