Strong results antecipated for Brazilian agribusiness

 Brazilian analysts expect strong results for the Brazilian agribusiness companies for the second quarter of 2011. According to Itau-Unibanco research, these results are prompted by strong prices for agricultural commodities, not fully reflected in the cost of raw materials. SLC and San Martinho are among the top performers, with sustained higher margins. Heringer’s results should come neutral, due to a seasonally weaker quarter. Raizen – reflecting synergies already? This quarter Cosan will include one month ofContinue reading “Strong results antecipated for Brazilian agribusiness”

Shell + Cosan = Raizen

  Energy giant  Royal Dutch Shell and Cosan, the largest ethanol producer, are now united under the brand Raizen. In January the European Commission gave its blessing to the deal. The company starts with assets of $ 20 billion and estimated revenue of $ 50 million. A cabalistic name Raizen  the junction of the Portuguese words forContinue reading “Shell + Cosan = Raizen”

Brazil 2010 M&A hits new record

Brazil is increasingly a participant in the mergers and acquisitions market. Along with China, the Latin American country led the emerging world to account for one-third of the global industry. According to a survey by Thomson Reuters, in 2010, 693 transactions were announced, an annual growth of 37,5%. Size of the market jumped to U.SContinue reading “Brazil 2010 M&A hits new record”

European commission approves Shell – Cosan joint venture | Valor Online

SAO PAULO – The European Commission gave the green light for the creation of a joint venture between Anglo-Dutch Shell and Brazil’s Cosan focused on the production, distribution and sale of sugar, ethanol and related products, according to a statement issued on Tuesday. After examining the operation, the commission concluded that “the transaction will not significantly impedes effective competition in the European Economic Area or a substantial part of it. ” The agency noted that the activities of the joint venture will involve the production,sale and marketing of sugar and ethanol in Brazil and abroad, development and licensing of certain technologies; including ethanol supply, distribution and sale of transportation fuels in Brazil and the production and sale of energy cogeneration facilities of ethanolContinue reading “European commission approves Shell – Cosan joint venture | Valor Online”