One of Brazil's Largest Grain Processors, Caramuru Alimentos, Will Invest R$ 210 Million to Expand Biodiesel Plant, Increasing Its Production Capacity by 100%

One of Brazil’s Largest Grain Processors, Caramuru Alimentos, Will Invest R$ 210 Million to Expand Biodiesel Plant, Increasing Its Production Capacity by 100%

Written by Roberta Souza

Published on 19/03/2023 at 09:43

Updated on 19/03/2023 at 11:25

Foto: Reprodução adaptada google imagens

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The Production Capacity of Caramuru’s Factory Will Increase by 100%

One of the largest grain processing companies with national capital is Caramuru Alimentos, which is increasing its investments in the biofuels market. The company celebrated its 59th anniversary last week and achieved its highest revenue in history in 2022. To commemorate, it announced an investment of R$ 210 million in the expansion of its biodiesel factory in Ipameri (GO).

The investment will enable the company to double its production capacity: if it currently produces 1,500 tons per day, it will be able to deliver 3,000 tons. Thus, it will increase the supply of oil, meal, and biodiesel from the unit located along the Vale railway. To complete the works by 2024, the company will use resources from the Constitutional Fund for Financing the North (FNO) distributed by the Bank of the Amazon or with a loan from BNDES.

Caramuru Bets on Soy Biodiesel Growth

According to a report by Valor Econômico, it is a fact that Caramuru bets on the growth of soy biodiesel. Its executive states: “the production scale of grains in Brazil comes from soy,” which at Caramuru we process to transform into value-added meal. The remaining oil we package under the Sinhá brand or convert into fuel.

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Caramuru’s Record: 8.63 BILLION in Net Revenue for 2022

With the new investments and the expansion of the factory, Caramuru expects to maintain the same performance in 2023 as it had last year, when it recorded its highest net revenue, which increased by 13.6% and reached R$ 8.63 billion. The company’s net profit fell by 1.8% to R$ 348.7 million, but adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 10.8% to R$ 639.2 million.

According to the CEO of Caramuru, the performance was due to a combination of high prices of agricultural factory products, the high level of the dollar against the real, and the fact that the company has a complete portfolio. “The profit was only not higher than that of 2021 due to the change in the biofuel mandate. We had plans to be at B14 and ended up at B10,” he explained.

One of Brazil’s Largest Grain Processors, Caramuru Alimentos, Will Invest R$ 210 Million to Expand Biodiesel Plant, Increasing Its Production Capacity by 100%

The Production Capacity of Caramuru’s Factory Will Increase by 100%

Caramuru Bets on Soy Biodiesel Growth

Caramuru’s Record: 8.63 BILLION in Net Revenue for 2022

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One of Brazil’s Largest Grain Processors, Caramuru Alimentos, Will Invest R$ 210 Million to Expand Biodiesel Plant, Increasing Its Production Capacity by 100%

The Production Capacity of Caramuru’s Factory Will Increase by 100%

Caramuru Bets on Soy Biodiesel Growth

Caramuru’s Record: 8.63 BILLION in Net Revenue for 2022

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

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