In the aftermath of Decree-Law nr 11/2001, from April the 6^th, 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 27^th, 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 7^th, 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 1^st, 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.