Four concessionaires for Tegram silos

The three highest bidders for the Tegram grain terminal at the Brazilian Port of Itaqui´ are CGG Trading, Glencore and the Crescimento consortium, the latter having been put together by Louis Dreyfus Commodities and the Amaggi group. These will join Novaagri Infraestructura as the four chosen concessionaires. Each will be awarded a 25-year concession, renewable for a further 25 years.
Altogether, the four will invest $142 million in the initial phase, which includes the construction of four warehouses able to hold 125,000 tonnes each.
Tegram is viewed as crucial for exports from Brazil’s Central,Western, Northern and North-Eastern regions, which currently ship 80% of their export soya via either the ports of Santos or Paranagua´.