Eldorado Brasil Celulose and Bracell SP Celulose win the Santos Port terminals auctions

Eldorado Brasil Celulose and Bracell SP Celulose were the winners of the auction of the STS 14 and STS 14A terminals in the Port of Santos, held this Friday, August 28, at B3, in São Paulo. Eldorado won the STS 14 for R$250 million and Bracell took the STS 14A for R$255 million.

“Between grants and investments, almost R$900 million will be received by the port in the next few years, generating jobs and income for the region,” said SPA president, Fernando Biral. “Santos will recover the pulp that is no longer flowing today, attracting high-level companies from this chain, one of which is a new entrant in the port”, he added, referring to Bracell, which still does not have a terminal on the Santos pier.

In addition to Eldorado and Bracell, the company Maxcel Empreendimentos e Participações (of the Suzano group) also submitted a proposal, for R$1,000 each.  For the STS 14 area, the largest initial offer was R$100 million. After 27 bids in the hands-free auction, Eldorado made the largest offer, worth R$250 million.

The same participants competed for the STS 14A area, with the highest initial value being R$180 million, with the auction reaching, after 10 bids, the value of R$260 million. Eldorado also offered the best proposal, but, as the rules did not allow the same bidder to keep both terminals, the company gave up the second area. Thus, Bracell was declared the winner of the auction for STS 14A.

These are the first leases of areas in the Port of Santos since 2010 in which the grants will go to the Port Authority coffers, which will provide capacity for reinvestment in the port itself. In the last bidding processes (held in 2015 and 2019), the funds went to the Treasury.

The terminals will pay two lease values ​​to the SPA over the 25-year contract period – a fixed and a variable cost. In STS 14, it will be R$199,512.51 per month and R$1.72 per tonne handled. In STS 14A, it will be R$170,238.20 and R$1.46, respectively. Thus, SPA alone will receive R$110.9 million as a fixed lease.

STS 14, with 44,550 m², can handle approximately 2.5 million tonnes/year, with an investment of R$186.9 million. STS 14A, with 45,177 m², will have the same capacity and an investment of R$193 million.

In both cases, the minimum investments involve warehouse construction works, acquisitions of sets of overhead cranes with coverage for the railway reception area and equipment for loading and transportation, as well as the removal of the remaining equipment in the areas.

Located in Macuco, in the Port of Santos, the terminals will be used for handling general cargo, especially cellulose. These areas were previously occupied by Libra Terminals.

Auctioned areas

The auctions consolidate a new logic for optimizing the use of areas in the Port of Santos. In this way, cargo handling will take place in a more sectorized and effective way, in accordance with the port’s new Zoning and Development Plan (PDZ). With the next rail accesses to be built in Santos, which will allow integration with the Rumo Malha Paulista and the Ferrovia Norte-Sul lines, the transport of pulp, as well as other cargo, will be based on multimodality.

It is worth noting that Brazil is one of the largest pulp producers in the world, and this is the product with the highest annual growth rate in the Port of Santos. After investments in the terminals, the handling of this type of cargo should jump to 5 million tonnes per year.

Check the following graphs for the movement of pulp through the Port of Santos and the participation of each terminal in the cargo operation:

Handling of Pulp at the Port of Santos (HS 3912) | Jan 2017 to Jun 2020 | TEU

Chart source: DataLiner

Handling of Pulp (HS 3912) at the Port of Santos by Terminal | Jul 2019 to Jun 2020 (last 12 months) | TEU

Chart source: DataLiner
(To order a DataLiner demo click here)

 

Sharing is caring!