Last Monday, November 16th, Tereos and VLI inaugurated two sugar warehouses valued at R$205 million that were built in the terminals of the Port of Santos and in the city of Guará (SP), as a result of the partnership established by the companies. With a capacity of 240,000 tons, the two warehouses were essential for supporting the estimated 60% increase in Tereos exports this season, reaching a volume of 1.15 million tons of raw sugar. The warehouse located at the Luiz Antonio Mesquita Port Integrator Terminal (Tiplam), an asset of VLI located in Santos, has the capacity to store 115,000 tons of raw sugar. The second warehouse, also completed this season, is located at the Guará terminal, a VLI structure in the interior of São Paulo state, in the region where Tereos industrial units are located. The facility has a capacity of 125,000 tons, of which 80,000 tons are destined for the storage of Tereos sugar. The constructions are part of the long-term agreement signed by the two companies in June 2018, with investments of R$ 145 million by Tereos and R$ 60 million by VLI, which provides for a transport capacity of 1 million tons of raw sugar per year. In May 2019, Tereos began to ship the full volume of its raw sugar via VLI’s integrated rail system. The sugar loads depart from the Guará terminal through the railway system operated by VLI to Tiplam. “In a challenging time due to the pandemic, the completion of the new sugar warehouses, in partnership with VLI, was essential for supporting the increase in our sugar exports. In addition to increasing the competitiveness of our logistics, this investment allows a reduction of 220,000 tons in annual CO2 emissions”, commented Jacyr Costa Filho, member of the Global Executive Committee of Tereos.
Source: Datamar News