Independent journal on economy and transport policy
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The Brazilian Ultrapar Participações buys the Marítimo Terminal gives Maranhão of the port of Itaqui
It is yielded by the Noble Group Ltd. of Hong Kong
May 29, 2012
The Brazilian Ultrapar Participações, through Ultracargo, has undersigned a contract for the acquisition of all the actions of the Marítimo Terminal gives Maranhão (Temmar), society that a terminal for liquid bulk in the port of Itaqui possesses and that it is of property of the Temmar Netherlands (that stops about 29 million sets in action) and of the Noble Netherlands (that stops a single action), both controlled integrally by the Noble Group Ltd. of Hong Kong.
The transaction has a value of 160 million real (80 million dollars) to which the minimal payment by Ultrapar of 12 million will join real, elevabile until about 30 million, according to the eventual expansion of the ability to the terminal realized over seven years.
The terminal of the Temmar has an ability to 55.000 cubic metres used mainly for handling of fuel and biocarburanti.
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