About us

Sapec Group was established in Portugal in 1926 to exploit the pyrite mines of Lousal, Grândola.

It quickly integrated vertically into the production of phosphate fertilizers, then progressively expanded and developed its production and commercialization activities to other agricultural production factors. 

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For decades, the production and commercialization of fertilizers, plant protection products, seeds, and animal feed were Sapec’s main core activities.

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After selling its main business area, Sapec Agro Business, in 2016, Sapec focused on restructuring some of its other activities and, through a significant investment program, on strengthening and increasing the capacity of the assets related to these businesses.

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In 2019, it acquired a stake in Algaia and created TLA, marking the first steps towards rejuvenating its portfolio and expanding into areas more directly related to the environment and sustainability.

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In 2020, the SPC terminal in Setúbal was remodeled, and a new warehouse was built in Valongo, which became operational in the first half of 2020.

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At the end of 2020, investments were made in new activities (reinforced in 2021) in AlgaPlus (aquaculture of seaweed and fish with organic certification).

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In January 2021, AlgaPlus increased its capital, allowing it to finance its ambitious investment plan and increase its stake to 57%.

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In 2021, the STP concession was extended until June 2025.

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In 2022, the Aurora Agreement (Galp + Northvolt) was signed.

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In 2023, the stake in Algaia was sold, and an energy community was created in partnership with Greenvolt, involving several companies from the SAPEC Group, with the potential to expand to other companies located on the Mitrena peninsula, ensuring 20% energy autonomy in Setúbal.

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In 2024, a new business area specialized in water treatment solutions, PURA, was created, as well as a cross-functional area focused on innovation, with the first priorities being green chemistry and the valorization of algae extracts.