This issue of Odebrecht Informa was supposed to be 32 pages long, but due to the large number of accomplishments Odebrecht’s teams have made in the last two months, it has grown to 48 pages so we can inform our readers about the most important milestones that took place during that period.
The Group is growing organically in all its business areas. However, in the last 60 days, the most significant events occurred in the industrial sector. The highlights are the acquisition of Quattor Petroquímica in Brazil and Sunoco Chemicals in the United States. Aimed at making the Brazilian petrochemical industry one of the strongest in the world, these acquisitions have moved Braskem up from third to first place in the production of thermoplastics in the Americas, and from twelfth to eighth in the global petrochemical rankings.
The news about major investments in the industrial sector also includes ETH Bioenergy. Odebrecht’s bioenergy subsidiary and Brenco – Companhia Brasileira de Energia Renovável have announced a merger that created the world’s largest producer of ethanol and electricity from sugarcane.
These landmark events attest that Odebrecht has firmly established its presence in the industrial sector. Although the Group started out as a service provider, its industrial operations have grown vigorously since it began investing in petrochemicals in 1979. This growth got a major boost in the last decade through the establishment of Braskem in 2002 and the creation of ETH in 2007.
During Odebrecht’s Annual Meeting in December 2009 (also featured in this issue of Odebrecht Informa), Marcelo Odebrecht, President and CEO of Odebrecht S.A., presented the Group’s Vision for 2020. The acquisition of Quattor and Sunoco and the merger of ETH and Brenco have made a decisive contribution to ensuring that this will be a highly promising decade.
- Works at sea for the Salvador Marine Outfall
- Social programs in São Roque do Paraguaçu
- Caia na Rede: digital inclusion for workers and local communities
- ETBE: the bioadditive that fuels environmental gains
- Read back issues of Odebrecht Informa, the Odebrecht S.A. Annual Report since 2002, the Odebrecht Group’s Annual Meetings since 2002 and milestone publications (Special Issue on Social Programs, 60 years of the Odebrecht Group, 40 Years of the Odebrecht Foundation and 10 Years of Odeprev)
Founded in 1944, the Odebrecht Group is a Brazilian organization made up of diversified businesses with global operations and world-class standards of quality. Its 92,000 members are present in the Americas, the Caribbean, Africa, Asia and Europe.