EconomyLens.com
No Result
View All Result
Friday, August 8, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Portugal looks to put new twist on cork industry

David Peterson by David Peterson
October 4, 2024
in Other
Reading Time: 7 mins read
A A
0
35
SHARES
433
VIEWS
Share on FacebookShare on Twitter

Cork is obtained by stripping the bark of cork oak trees every nine years in a careful process that allows the tree to regenerate and grow. ©AFP

Mozelos (Portugal) (AFP) – Portugal, the world’s leading cork producer, is finding new uses for the material, from footwear to furniture, as demand for wine bottle stoppers wanes. Producers highlight the environmentally friendly properties of cork, which is lightweight, recyclable, waterproof and fire-resistant, to encourage its use in diverse settings. Cork is obtained by stripping the bark of cork oak trees every nine years in a careful process that allows the tree to regenerate and grow, making the industry naturally sustainable. The material has “a negative carbon footprint because it comes from a tree that captures CO2 day and night,” Antonio Rios de Amorim, the CEO of the world’s largest cork producer Corticeira Amorim, told AFP.

Related

Swiss gold refining sector stung by US tariffs

Trump says court halt of tariffs would cause ‘Great Depression’

Gold futures hit record on US tariff shock; mixed day for stocks

US tariffs prompt Toyota profit warning

OpenAI releases ChatGPT-5 as AI race accelerates

The push to diversify comes as global sales of wine decline, reducing demand for cork wine stoppers which have long faced competition from cheaper plastic stoppers and screw tops. “Periods of slowdown must be used to question what we do,” said Amorim, whose ancestors founded Corticeira Amorim 154 years ago in the northern village of Mozelos, about 30 kilometres (18 miles) south of second city Porto.

Thanks to cork’s cell-like structure, the material is elastic and highly impermeable, making it suitable to make shoes as well as ties, pants, and other clothes. Furniture designers are also increasingly drawn to the material. British designer Tom Dixon has called it a “dream material” and put out a range of dark cork furniture that includes tables, stools, and shelves using cork from Portugal. The Lisbon metro in 2020 replaced the fabric lining on all seats of its train fleet with cork, an easier-to-maintain material. Builders have been drawn to the material because of its unique thermal insulation and sound absorption properties. Cork is also finding its way into space; it is used in thermal protection coating on booster rockets because of its resistance “to strong variations in temperature,” said Amorim.

Making wine bottle stoppers, however, remains the main activity for Portugal’s cork industry, which employs around 8,000 people. Corticeira Amorim makes some six billion cork wine bottle stoppers per year, almost all of them for export, mainly to Chile, France, and the United States. It accounts for 70 percent of the global market share for cork stoppers and posted sales of 985 million euros (one billion dollars) in 2023, slightly lower than in the previous year.

Cork is made from the bark of the cork oak (Quercus suber) found in countries of the Mediterranean basin. Portugal is home to about a third of the world’s total area dedicated to this tree — more than any other country — and accounts for nearly half the world’s supply of cork. There are also plantations in France, Spain, Italy, Algeria, Morocco, and Tunisia. In the province of Ribatejo, around 80 kilometres east of Lisbon, cork oaks stretch as far as the eye can see.

The bark is removed from the tree in summer using traditional methods handed down from generation to generation. It is a highly precise technique “that takes several years to learn,” said Nelson Ferreira, a 43-year-old cork bark harvester, adding he takes great care not to damage the tree. The bark is then taken to Corticeira Amorim’s factories in the north of Portugal, where it is steam-treated, cut into smaller pieces, and then fed into machines that punch out stoppers. The preservation of cork oaks is crucial for Portugal, which has made them a protected species since it takes an average of 40 years for a tree to start producing cork that can be used by cork makers.

© 2024 AFP

Tags: cork productionenvironmentsustainability
Share14Tweet9Share2Pin3Send
Previous Post

Crude stable after Israel-Iran surge, Hong Kong stocks resume gains

Next Post

Hong Kong stocks resume rally, oil dips after Middle East-fuelled surge

David Peterson

David Peterson

Related Posts

Other

Tokyo soars on trade deal relief as most Asian markets limp into weekend

August 8, 2025
Other

Oil industry presence surges at UN plastic talks: NGOs

August 8, 2025
Other

Crypto group reportedly says it planned sex toy tosses at WNBA games

August 8, 2025
Other

Tokyo soars on trade deal relief as most Asian markets limp into weekend

August 8, 2025
Other

Mixed day for global stocks as latest Trump levies take effect

August 7, 2025
Other

Plastic pollution treaty talks deadlocked

August 8, 2025
Next Post

Hong Kong stocks resume rally, oil dips after Middle East-fuelled surge

Hong Kong stocks bounce as Middle East fears boost crude again

Top EU court finds against FIFA in key transfer market ruling

Oil extends gains, Hong Kong stocks resume rally

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

75

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

New Instagram location sharing feature sparks privacy fears

August 8, 2025

Swiss gold refining sector stung by US tariffs

August 8, 2025

Mexico seeks compensation from Adidas in cultural appropriation row

August 8, 2025

Trump says court halt of tariffs would cause ‘Great Depression’

August 8, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.