Ultracargo
Ultracargo
Enhanced safety and greater capacity
Rated the largest liquid bulk storage company in Brazil, Ultracargo’s priority is to offer flexible, safe and reliable solutions to meet market needs. Over its history of more than 50 years, the company has concentrated its investments on infrastructure and is strategically located at the principal port terminals in the northeast, southeast and southern regions of Brazil.
Ultracargo has been progressively resuming its activities following a fire in 2015 at the Santos (SP) port terminal. In June 2017, 67.5 thousand m³ of capacity was brought back into operations. With its rigorous, transparent and responsible reaction, the company has used the consequences of the incident to learn and as a source of know-how and strengthening of its investments in continuous improvements of safety measures at other terminals. In 2017, net investments were R$ 86 million, R$ 48 million being dedicated to reinforcing safety standards.
With a view to anticipating growing demand in the region, the company is investing in the expansion of the terminal at Itaqui (MA), the capacity of which should reach 103 thousand m 3 by late 2019– 87% greater than the current 55 thousand m³. In Suape (PE), work on expansion is expected to be concluded by 2020, a 25% increase in current capacity of 157,910 thousand m 3.
715
employees
28%
of available independent terminal capacity
6
terminals in the northeast,
southeast and southern regions
In 2017, the company handled 6.1 million tons of products at its facilities along the Brazilian coastline. Over the past three years, intensifying demand for fuel storage in the country, principally a reflection of increased imports, has benefited the business. With the increased demand, there was a corresponding rise in Ultracargo’s total average storage of 8% over the year, driven principally by greater handling of chemicals and fuels at the terminals of Santos (SP), Suape (PE) and Itaqui (MA). Net revenue increased 23%.
Average storage, Net revenues and EBITDA
Social responsibility
Ultracargo’s Bem+ SocialProgram incentivizes social responsibility actions benefiting the communities surrounding its operations and the company’s employees. Activities promoted range from lectures of an educative and preventive nature to volunteer work. In addition, the company participates in initiatives for improving government management, leisure, health and culture, among others. See below:
Community in Action Award – in partnership with the A Tribuna newspaper for recognizing actions with a social impact in the Baixada Santista region. The initiatives are published in the newspaper and subsequently selected with awards presented in the Social Action, Sport or Education categories.
Together for Sustainable Development Program – the project developed by Comunitas (a Public Interest Civil Society Organization - Oscip), promotes the coalition of business leaders for improving standards of government administration in Brazil, the participation of society and the inclusion of citizens in debating local issues.
Citizenship Complex – an event held in conjunction with companies in the Industrial Complex of Camaçari (BA), which holds a day of actions, services, health and leisure.
Integrar Arte e Vida Project – provides sporting activities outside the school curriculum for public school students in the city of Santos (SP).