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CLOSURES

                                     he
                                 d
        Investment has continued under the                birds and 24 species of reptiles and
                                     t
                                  e
                                  er
                                     t
                                nd
        current PDR 2020.                                    amphibians.
          In addition to their relevance as a  a              Cork oak forests are very eco-
                                nce  as
                                  cork in-
        source of raw material for the cork in-            logical important by helping to
                                mportant
                                m
                                  po
                                       n
                                        t
        dustry, the montados have important              control erosion, regulate the water
                                     ta
                                    r
        environmental functions, in regula-              cycle and combat desertification and
                                  regula-
        ting the water cycle, in soil conserva-          global warming. The cork oak forest
                                 nserva-
        tion, as carbon sinks, and as a sup-             can retain 14,000,000 tons of CO2
                                 a sup-
                                 nomic
        port for biodiversity. Their economic           each year.
                                 ance
        and environmental importance                     In 2011 the cork oak was instituted
        justifies that, in addition to the            by Assembly of the Republic “National
                                 he
        general regulation of the natio- o-             Tree of Portugal“.
        nal forest, cork oak is subject to
                                 to
                                ed
        specific legislation, established
        by Decree-Law No. 169/2001.                     THE PORTUGAL BUSINESS
                                                        FABRIC OF THE CORK SECTOR
                                  M
                                E
        BIODIVERSITY ECOSYSTEM                            Cork is the fundamental business
        AND SUSTAINABILITY                           of numerous commercial and industrial
                                    no
                                   t
                                 os
          Cork is renowned for its most no--        companies in Portugal.  There are more
        ble role, as the world leader in wine        than 300 companies engaged in the cork
                                 n wine
                                 ars in
        storage.  Throughout the years, in         trade, with a strong focus on the Alentejo
        cork growing regions, cork has been central  region, where the cork oak forests are predo-
        to a culture that has been passed down from  minantly located. Most of these companies are
        generation to generation. An idea that is as re-  quite small, with total employment in the se-
        levant today as it was when it began centuries  ctor only around 600 people. Industrial com-
                                                 panies are considerably more numerous and
                                                 larger. Currently, there are about 850 active
                                                 industrial companies. These are strongly con-
                                                 centrated in the north of Portugal, where al-
                                                 most all the cork stopper manufacturers are
                                                 located and most of those that produce other
                                                 products in cork.
                                                 HOW THE CORK STOPPERS ARE
                                                 PRODUCED?
                                                   Cork oaks are first harvested at 25 years old,
                                                 and take place every 9 years. After the third
                                                 harvest, the bark is of sufficient quality for
                                                 producing wine corks. Don´t be afraid, the oak
        ago – sustainable development. Its objective  trees are not cut down, and only about half of
        is the fundamental balance between the en-  its bark is removed at any time.
        vironment, economic growth and social deve-  The bark is carefully peeled away and cut
        lopment.                                 into sheets before processing.
          One of the 35 “hotspots” of the biodiversity,   After a period of rest, the cork planks are rea-
        (on the same level as the Amazon and Borneo)  dy for the first stage of the industrial process:
        with 37 Species of mammals, 160 Species of  the boiling. Raw cork is boiled for at least one
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