Summary of Proposed Investment
Project Number
26135
Company Name
USJ ACUCAR E ALCOOL S/A
Date SPI Disclosed
Jan 22, 2008
Country
Brazil
Industry
Agribusiness and Forestry
Projected Board Date
Feb 22, 2008
Status
Completed
Sector
Sugarcane and Beets
Department
Regional Industry MAS LAC & EUR
Environmental Category
B - Limited
Previous Events
Approved : Mar 27, 2008
Signed : Mar 27, 2008
Invested : Jun 5, 2008
Project Description
USJ (USJ or the company) has a three-year investment program which began in Fiscal Year (FY) 2007 and will end in FY2009 to build and expand two sugar and ethanol mills in Goias. The investment program will increase USJ’s sugar cane crushing capacity from 5.5 to 10 million mt (metric tons) per year, with most of the expansion in sugar cane supply coming from small and medium farmers in the state of Goias that currently farm lower return crops. The investment program includes:
- doubling capacity at its Quirinopolis mill (Goias) from 2.25 to 4.5 million mt,
- building a 2.25 million mt greenfield mill in Cachoeira Dourada (Goias),
- increasing electricity co-generation capacity from sugarcane bagasse by 58MW,
- the purchase of farm equipment,
- planting 25,100 hectares of cane on own and rented land, and
- additional working capital.
- doubling capacity at its Quirinopolis mill (Goias) from 2.25 to 4.5 million mt,
- building a 2.25 million mt greenfield mill in Cachoeira Dourada (Goias),
- increasing electricity co-generation capacity from sugarcane bagasse by 58MW,
- the purchase of farm equipment,
- planting 25,100 hectares of cane on own and rented land, and
- additional working capital.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Carlos Alberto Orzari, Financial Administrative Manager
U.S.J. - Açucar e Alcool S.A
Fazenda Sao Joao, CP 13 / CEP 13600-970 - Araras – São Paulo, Brazil
Telephone: + 55 19 3543 7800
Website: http://www.usj.com.br/
The environmental documents will be locally disclosed at:
Araras: City Hall – Agency of Science Technology and Development;
Quirinopolis: City Council
Cachoeira Dourada: City Council
U.S.J. - Açucar e Alcool S.A
Fazenda Sao Joao, CP 13 / CEP 13600-970 - Araras – São Paulo, Brazil
Telephone: + 55 19 3543 7800
Website: http://www.usj.com.br/
The environmental documents will be locally disclosed at:
Araras: City Hall – Agency of Science Technology and Development;
Quirinopolis: City Council
Cachoeira Dourada: City Council
For Inquiries and Comments About IFC, Contact
General IFC Inquiries
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster
Local Access of Project Documentation
City Council (Camara dos Vereadores) of the 3 affected municipalities: Araras, Quirinopolis, Cachoeira Dourada.