Petrobras, Mitsui, and Camargo Correa Create Ethanol Pipeline Company

31 March 2008

Brazil’s Petrobras, Mitsui & Co. Ltd., and Camargo Correa S/A created the PMCC Projetos de Transporte de Álcool S.A., a corporation aimed at executing the ethanol pipeline project to be built between Senador Canedo (GO) and Paulínia (SP) in Brazil, in addition to the section that will interconnect the Tietê-Paraná Waterway to the Paulínia Terminal.

The ethanol pipeline is part of the Ethanol Exports Corridor, which begins at the Senador Canedo Terminal, in Goiás, goes through Uberaba, in Minas Gerais, and extends to Ribeirão Preto, Paulínia and then Guararema, in São Paulo.

From the Guararema Terminal, the pipeline goes on to the São Sebastião Terminal, on the Northern Coast of São Paulo, and to the Ilha d’Água Terminal, in Rio de Janeiro, via the existing OSRIO polyduct, which will start being used solely to transport ethanol.