Valorpneu - Sociedade de Gestão de Pneus, Lda.

Description

In the aftermath of Decree-Law nr 11/2001, from April the 6th, tyre producers came together with industrials from the tyre retread and rubber sectors and formed Valorpneu - Sociedade de Gestão de Pneus, Lda.

Valorpneu is a non-profit private limited company, created on February the 27th, 2002, with the objective to organize and manage the system for collection and ultimate disposal of used tyres. The society was licensed, for the first time, on October the 7th, 2002, by the Ministries of Economy and Cities, Land Management and Environment, as the managing entity of the SGPU - Sistema Integrado de Gestão de Pneus Usados (Used Tyres Management Integrated System), which started production on February 1st, 2003.

Valorpneu has a capital stock of 30.000,00 €, divided into three shares, which are distributed as follows: ACAP - 18.000,00 €, a 60% share of the capital stock; ANIRP – 6.000,00 €, representing 20% of the capital stock; APIB – 6.000,00 €, representing 20% of the capital stock.