Brazil
Contact information
Cargill Agrícola S.A.
Av. Morumbi, 8234 – Brooklin
04703-002 – São Paulo / SP – Brazil
Tel: +55-11-5099-3311
Cargill in Brazil
Cargill has been in Brazil since 1965. Our roots are in the agribusiness sector, but we are also one of the largest food companies in the country. Headquartered in São Paulo, Cargill has approximately 23,000 employees in 180 towns throughout Brazil.
Agriculture
Processing and Exportation of Soybeans and Other Oilseed
The Grain & Oilseed business unit buys, trades, exports and processes grain. It is the largest soybean exporter in Brazil, and the second largest processor. We have an integrated structure of over 120 soya purchasing offices located in the country’s biggest production centers. Six plants operate at six port terminals. The business unit’s end products from its soya processing are crude oil, degummed oil, refined oil and meal.
Sugar Exports
As Brazil’s largest sugar exporter, Cargill operates through TEAG, its sugar export terminal in Guarujá. TEAG is a joint venture between Cargill and Sociedade Operadora Portuaria of São Paulo. In 2003, the T-33 bagged sugar export terminal in the Port of Santos was created.
Animal Nutrition
Our soybean complex produces ingredients for animal feed from soya, corn and wheat. These products are rigorously selected to meet the exacting specifications required for each animal species. In this market, Cargill also operates through the Purina brand name, part of our Animal Nutrition BU.
Cotton
In 2005, Cargill Brazil returned to its trading operations in the Cotton business unit, which has cotton receiving warehouses in the states of Mato Grosso and Bahia, as well as a purchasing office in Rondonópolis, state of Mato Grosso.
Foods
Consumer Products
Cargill produces, trades and distributes consumer products throughout the country. The consumer product line is made up of brands that are leaders in their markets, such as Liza oils, Mazola corn oil, Purilev canola oil, Veleiro soya oil, Olivia and Maria blended oils, Gallo olive oils, La Española olive oils, Liza mayonnaise, Gourmet mayonnaise, and Liza salad dressings. The Cargill Foods business unit is responsible for these products, as well as the supply of oils and vegetable fats to food manufacturers and the food service segment.
Through its Seara business Cargill operates in meat markets. Headquartered in Itajaí in the state of Santa Catarina, Seara has eight plants and trades poultry, pork and thermoprocessed meats to over 70 countries. It also conducts business within Brazil’s domestic markets through the Seara brand of breaded meats, ready meals, hamburgers, mortadela sausage, ham, ingredients for “feijoada” (Brazil’s national black bean dish), sausages, smoked meats, suet, hot dogs, savory snacks, salami, cured meats, whole birds, parts or shredded meats, as well as a special line of party and light meats.
Food Ingredients
Within the food ingredients’ market we operate four business units: Starches & Sweeteners, Cocoa, Flour and Flavors. These business units offer the best in food ingredient solutions so that our customers can produce the best confectionery, pasta, biscuits, ice creams, sweets, drinks and candies. We also produce products for bakery and deep-frying applications.
— Cocoa – Considered the biggest cocoa processor in Latin America, Cargill has a plant in Ilhéus (state of Bahia) with purchasing offices in the region. This business produces liquor, cocoa butter and cocoa powder (Spectrum Line).
— Starches & Sweeteners – The business unit produces and trades starches and sweeteners based on corn and manioc – such as glucose and maltodextrine syrups – which have applications in the food, drink, pharmaceutical, textile, chemical, paper and other industries. The business unit also has a line of acidulants for industries.
— Flavors System – This business unit produces aromas and systems for the food and drink market, and supplies ingredients for fruit preserves, jams and sweet fillings, among others. It has production capabilities in Cosmópolis and São José do Rio Pardo, (state of São Paulo).
— Flour – Cargill supplies flour to the biscuit industries, industrial bakeries, and pasta and specialty industries. It has a complete line of flours, mixes for breads and cakes, and products for confectionery.
Financial and Risk Management
Financial Solutions
The main focus of the Trade & Structured Finance sector is the development of financial solutions for Cargill, its suppliers and customers. This area cooperates with the company’s Treasury in Cargill’s global strategic planning organization, and manages the various activities for capturing financial resources.
Cargill also operates the Banco Cargill S.A., a Brazilian bank with commercial and investment licenses, which implements select solutions developed by the Trade & Structured Finance group.
Risk Management
To protect its customers and maintain business sustainability, Cargill seeks solutions through its Risk Management area that guarantees the financial safety of grain producers. This business was a pioneer in the creation of a tool to manage price risks – Guarantee Plus – so that businesses in the field can avoid being impacted by significant oscillations in the markets.
Investment
Cargill operates in diversified investment segments through CarVal Investors, whose objective is to diversify the company’s investment portfolio. The segments include: Loan portfolios (receivables discount operations and underperforming and/or noncomplying credit acquisitions), corporate credit (acquisition of bonds issued on the international market), real estate (investments in the real estate sector) and Special Opportunities (investments in alternative assets/unstructured markets).
Industrial
Industrial Starches
The industrial starch segment is expanding its activities through an extensive line of regular and modified starches and feculas, dextrins and adhesives for various applications. It supplies products and provides technical assistance to the corrugated paper, paper, cardboard, paperbacks, tubes and tubelets industries. The plants in Uberlândia (state of Minas Gerais) and São Miguel do Iguaçu (state of Paraná) are responsible for the production of these solutions for the industry.
Industrial Oils & Lubricants
This business unit supplies the non-food market with vegetable oils and lubricants through Innovatti, which supplies raw material for the lubricant, pharmaceutical, cosmetic, paint, chemical product and other industries. It has two production units in Brazil: Mairinque, state of São Paulo, and Uberlândia, state of Minas Gerais. The final products supplied by this business unit are: Agri-Pure vegetable oils, Novus vegetable hydraulic oils, FR3 vegetable transformer oil, Oxi-Cure 500 vegetable polyols, Oxi-Cure 1000 vegetable coalescent, vegetable fatty acid, vegetable and synthetic esters and polyol ester for lubricants.
Metal Products and Raw Material
Through Cargill Ferrous International, the company negotiates about five million tons per year of iron ore, pig iron, semi-prepared steels and finished and long planes on the main markets of the world.
Sugarcane Products
In 2006, Cargill acquired 63 percent of the stock in Cevasa (Central Energética Vale do Sapucaí Ltda.), in Patrocínio Paulista (state of São Paulo). Cevasa has an annual processing capacity of 1.4 tons of sugarcane, generating 125 million liters of ethanol.
Cargill also acquired a 43.75 percent share in Itapagipe mill (Usina Itapagipe Açúcar e Álcool Ltda.), in the state of Minas Gerais, and has a share in TEAS, the ethanol export terminal in Santos, state of São Paulo.
Citizenship
Cargill Brazil Foundation: Support of Education and Brazilian Agriculture
Created in 1973, the Cargill Brazil Foundation’s main objective is to support education and help to improve Brazilian agriculture. For 34 years, the Foundation has taken an active part in the educational development of some Brazilian communities through two social programs: the Fura-Bolo program and the “grain-by-grain” program. The Fura-Bolo program has spurred the development of students in the government’s elementary schools by stimulating the reading of books about popular Brazilian culture. The “grain-by-grain” program disseminates concepts of homestead agriculture and food safety to the students and their families, both in the schoolroom and through the implementation of vegetable gardens at the schools. Over 54,000 students are directly benefited, as well as one million inhabitants of towns close to where the programs are implemented. The Cargill Brazil Foundation also coordinates special projects whose objective is to contribute to improvements in the communities. As an example, one of the highlights is the revitalization of the Public Library in Santarém (state of Pará) in 2006, and the donation of a surgical room in the Cancer Hospital in Rio Verde (state of Goiás) in 2007. All of this is supported by 300 volunteers.
History of Investments in Brazil
• 2006 – Cargill invested in the sugar and ethanol business in the state of São Paulo, through acquisition of 63 percent of the stock in Cevasa (Central Energética Vale do Sapucaí Ltda.), located in Patrocínio Paulista, state of São Paulo, and a 43.75 percent share in Itapagipe mill (Usina Itapagipe Açúcar e Álcool Ltda.), located in the state of Minas Gerais.
• 2006 – Cargill acquired the food ingredients area of the German company, Degussa.
• 2004 – Cargill announced that it signed an agreement to acquire a majority shareholding in Seara Alimentos S.A.
• 2004 – Cargill acquired Smucker do Brasil, a subsidiary of J.M. Smucker Company, which is one of Brazil’s main food ingredients suppliers. With this acquisition, Cargill reinforces its commitment to be a global leader in foods.
• 2004 – Cargill acquired the vegetable fats business from the Maeda group.
• 2004 – Cargill and IMC Global signed an agreement to merge their fertilizer production and distribution operations on a global basis. This union gave birth to Mosaic Fertilizantes, one of the world’s largest manufacturers of concentrated phosphates, nitrogen and potassium.
• 2003 – Cargill and Hatco created an ester company in Brasil – Innovatti Indústria e Comércio de Ésteres Sintéticos – to supply the automotive industry.
• 2000 – Cargill acquired the stock control of Fertiza, giving it a 15 percent-share in Brazil’s fertilizer market.
• 1999 – Cargill acquired control of Solorrico S.A., increasing its market share in the Brazilian fertilizer market to about 10 percent.
• 1999 – Cargill acquired the global grain operations of Continental Grain (Conti), including grain warehousing, export and trading operations in North America, Europe, Latin America and Asia.
• 1996 – Cargill acquired the São Valentin wheat mill, in Tatuí, state of São Paulo
• 1965 – Cargill began its activities in Brazil
Agribrands
Seara