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The production capacity of the Caramuru factory will increase by 100%
One of the largest grain processors with national capital is Caramuru Alimentos, which is increasing its investments in the biofuel market. The company completed 59 years of foundation last week and had the best revenue in its history in 2022. To celebrate, she announced the investment of R $ million 210 in the expansion of its biodiesel plant in Ipameri (GO).
The investment will allow the company to increase the factory's production capacity by 100%: if now it produces 1,5 tons a day, it will be able to deliver 3 tons. Thus, the supply of oil, bran and biodiesel at the unit, located on the banks of Vale's railroad, will increase. To complete the works by 2024, the company will use resources from the Constitutional Financing Fund of the North (FNO) distributed by Banco da Amazônia or with a loan from BNDES.
Caramuru bets on the growth of soybean biodiesel
According to the article in Valor Econômico, it is a fact that Caramuru is betting on the growth of soy biodiesel. Your executive says: “the scale of grain production in Brazil comes from soybeans, which at Caramuru we process to transform it into value-added bran. The remaining oil we bottle with the Sinhá brand or transform it into fuel”.
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Even with the new investments, the company is still on the way to completing two other projects, which add up to an expense of more than R$ 300 million. In Itumbiara (GO), Caramuru is finishing its project with a genetically modified soy bran plant with a high protein content, known as SPC, which received an investment of R$ 242 million. In Sorriso (MT), the company will complete the construction of a refined glycerin factory, which will cost a total of R$ 78 million.
Caramuru record: 8,63 BILLION in net revenue in 2022
With the new investments and expansion of the factory, Caramuru hopes to have the same performance in 2023 as it had last year, when it broke its net revenue record, which increased 13,6% and reached R$ 8,63 billion. The company's net profit fell 1,8%, to R$ 348,7 million, but adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) rose 10,8%, to R$ 639,2 million.
According to the CEO of Caramuru, the performance was due to the combination of high prices of products from agricultural factories, the high level of the dollar against the real and the fact that the company has a complete portfolio. “Profit was only higher than in 2021 due to the change in the biofuel mandate. We had plans for it to be in B14 and it stayed in B10,” he explained.
