Vibra Energia and Copersucar Create Ethanol Trading Company That Promises to Benefit Businesses and Consumers

In Partnership, Vibra Energia and Copersucar Are Developing a New Ethanol Trading Company with Investments of R$ 450 Million. The Company Starts with a Movement of 9 Billion Liters and Will Benefit Both Companies and Consumers

Vibra Energia, in partnership with Copersucar, one of the largest ethanol producers in Brazil, is creating a new ethanol trading company. The new company was developed with an initial volume of nine billion liters and projects a revenue of R$ 30 billion in its first year. According to Vibra Energia’s president, Wilson Ferreira Júnior, the joint venture, which does not yet have a name, will receive investments of R$ 450 million at the outset and will benefit all parties, including end consumers.

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Vibra Energia Will Pay R$ 5 Million to Copersucar

According to the contract, Vibra will pay R$ 5 million to Copersucar for 49.99% of the new company’s share capital, with the remaining 50.01% belonging to Copersucar. According to Ferreira Júnior, the creation of the ethanol trading company is a significant step for the transition of an energy company.

The goal of Vibra Energia is to become a company that develops fuels in the energy transition market, thus, the company is partnering with the largest biofuel producer in Brazil. According to Copersucar’s president, Roberto Teixeira, the new company, which will benefit both companies and consumers, will operate strongly primarily in the Brazilian market.

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The presidents also stated that of the nine billion liters, a percentage of 10% to 20% of the ethanol may be exported, depending on prices. Roberto emphasized that 100% of the ethanol distributed by the new trading company will be purchased by Copersucar. The trading company will bring benefits to all companies and even to end consumers.

18 Billion Liters of Additional Ethanol in the Market

According to Vibra Energia’s director, Marcelo Bragança, who also participated in the online briefing, the new company will be able to capture a significant part of the fuel market’s growth until 2030.

The director emphasized that hydrated ethanol grows by 4% per year. Meanwhile, anhydrous ethanol, which is mixed with gasoline, grows by 1% to 2% per year. According to him, by 2030, there will be more than 18 billion additional liters in the Brazilian market.

The trading company, born from a new partnership between giants in the biofuels market, has the potential to capture a significant part of the fuel’s growth.

Vibra Energia Signs Memorandum of Understanding with Prisma Capital

On Monday (30), in addition to the partnership with Copersucar, Vibra also announced that it has signed a memorandum of understanding with Prisma Capital for the creation of a real estate investment fund that will receive all the stations that have the Petrobras brand.

The operation includes the management and investment in a portfolio of up to 238 properties, which are valued at R$ 643.8 million. The monetization will occur in three phases. The first involves the contribution of the properties by the company to the fund and the acquisition of 15% of the shares by Prisma. Immediately after, the sale to the operators of the current fuel stations will take place, and finally, the listing of the fund on the market and offering to the general public and investors.