Brazilian railway holding company Brasil Ferrovias (BF) has taken a one third stake in the Terminal de Granéis do Guarujá soya export facility project in the Port of Santos. The terminal, which will take two years to build, will cost R$350 mill (US$123 mill), including the berth and supporting warehousing.
Two thirds of the cost will be borne equally between equity partners Amaggi and Bunge. BF has made it known that other investors can buy into its own stake, although they will not then be allowed to offer discount services to customers....
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This complete item is approximately 350 words in length, and appeared in the January/February 2004 issue of Bulk Materials International, on page 5.
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