António Rios Amorim: 150 years of Future
22/12/2020
To create a future you need to know where you come from. 150 years after its foundation, Corticeira Amorim is renewing its commitment to an entrepreneurial vision that spans generations, guided by the mission of adding value to cork, within a framework of innovation and sustainability. Starting from this unique legacy, coupled with a profound passion for cork, António Amorim, Chairman and CEO of Corticeira Amorim, projected a prodigious future for a remarkable raw material.
'A century and a half after it was founded, Corticeira Amorim is a robust economic group with an international profile, as well as the leader in the cork industry, recognised for developing cork applications and high-performance cork products with added value for a range of business sectors.
The history of Corticeira Amorim and the entire cork sector has been indelibly marked by the company's passion for the material, the entrepreneurial vision of successive generations, its ability to predict how the world changes, to project the increasing use of cork and the determination to make that vision a reality. We are also sure these same factors will mark its future.
Nobody knows, as well as we do, the virtues of cork (a material with an absolutely unique structure that is impossible to replicate); the value it adds to products and its remarkable contribution to the balance of the cork oak forest (montado), which is a paradigm of sustainability. We are excited about the idea of constantly researching and developing new cork-based applications and products, putting its incredible qualities to work for a more comfortable and environmentally-friendly daily life.
After 150 years, Corticeira Amorim upholds its firm commitment to foster greater knowledge of the cork oak tree, by researching the species and experimenting with new technologies and methodologies for planting cork oak trees. The objective is to create expertise and forest intervention skills that in the future will support the growth we anticipate, in view of cork's unique and highly distinctive characteristics.'
António Rios Amorim
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Corticeira Amorim SGPS SA published this content on 22 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2021 15:09:00 UTC
Tracing its roots back to the 19th century, Corticeira Amorim, SGPS, S.A. has become the world's largest cork and cork-derived company in the world, generating more than EUR 985.5 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries. With a multi-million Euro R&D investment per year, Corticeira Amorim, SGPS, S.A. has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of products, solutions and materials that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, architecture and design.
Net sales by business unit break down between Cork Stoppers (75.9%), Composite Cork (12%), Floor and Wall Coverings (9.1), Insulation Cork (1.6%) and Raw Materials (1.4%).
Net sales are distributed geographically as follows: Portugal 6.8%), EU excluding Portugal (61.8%), Other European countries (2%), the United States (16.4%), America excluding the United States (6.5%), Australasia (5.1%) and Africa (1.4%).
Corticeira Amorim, SGPS, S.A.'s responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
CORTICEIRA AMORIM, SGPS, S.A. 
