A4F JOINS FORCES WITH GREEN AQUA TO CREATE ALGORA
The established bio-based industrial company group A4F, focused on the development and deployment of technologies for bioprocesses using sustainable raw materials and renewable biological resources, and GREEN AQUA, an investment group specialized in algae production units, came together to form ALGORA – Sustainable Investments, SGPS.
ALGORA was established for the acquisition of the valuable assets of Solvay Portugal, SA - the Sodium Chlorate unit, industrial premises, utilities, and the salt mines – to boost the development of the industrial operations of its shareholders, while ensuring growth and diversification of their portfolios.
Upon completion of the acquisition, the ALGORA group and its shareholders will develop very promising projects towards carbon neutralty and greater sustainability.
Attachment File: click here