POLIMIX TO BEGIN CONSTRUCTION OF A US$ 650-MILLION PORT IN ESPIRITO SANTO

The Polimix group hopes to start the construction of its multipurpose port terminal, called Porto Central, between February and March 2022. The location chosen is in the municipality of Presidente Kennedy, on the coast of Espirito Santo, 150 km south of Vitória. The project is under the responsibility of TPK Logística, which is 70% controlled by Polimix. Other investors hold 30%. The plan is to start with a liquid bulk terminal for handling crude oil and oil products. At this stage, an investment of US$ 650 million is planned. The deadline to complete the first phase of the liquid bulk terminal, with four berths to receive ships, is three years. The ship-tp-ship handling capacity will be 1.2 million barrels of oil per day. Four contracts for transshipment operations of oil and oil products at the terminal have already been signed with oil companies operating in the country. The last one was with Petrobras. The terminal will have a 25-meter-deep draft and four berths capable of receiving ships of the Very Large Crude Carrier (VLCC) class, with a capacity of 2 million barrels of oil.

Sources: Valor Econômico/Datamar News