Jalles Machado and the Geribá Group signed today, October 3, in São Paulo/SP, the document that celebrates the entrance of Usina Santa Vitória Açúcar e Álcool Ltda and ERB MG Energias S.A. (Cogen ERB), Santa Vitória’s energy cogeneration unit, with an installed capacity of 41.4 MW, into the Jalles Machado Group. Inaugurated in 2015 and […]
Jalles Machado and the Geribá Group signed today, October 3, in São Paulo/SP, the document that celebrates the entrance of Usina Santa Vitória Açúcar e Álcool Ltda and ERB MG Energias S.A. (Cogen ERB), Santa Vitória’s energy cogeneration unit, with an installed capacity of 41.4 MW, into the Jalles Machado Group.
Inaugurated in 2015 and located in the municipality of Santa Vitória, in the region of Pontal do Triângulo Mineiro, State of Minas Gerais, the Santa Vitória mill has a modern industrial park, with only seven years of operation and a milling capacity of 2.7 million tons of sugarcane per harvest.
The industrial plant has a production capacity of more than 240.0 million liters of hydrous ethanol (fuel) per harvest. The mill has an Industrial Park of 210 hectares, approximately 37.6 thousand hectares of cultivated area with its own cane, and is one of the largest employers in the region, with about 1,400 direct jobs.
The transaction is part of Jalles’ expansion plan, which began with its IPO on the stock exchange in February 2021. The IPO enabled new investments for the Company’s growth and perpetuity.
“With the IPO of Jalles, the acquisition of the third unit was one of our goals, and the completion of the deal demonstrates our commitment to our shareholders and the company’s results. Thus, we gain scale and space to grow in another region, with a favorable location for exports, closer to the port of Santos, making the company more competitive. Minas Gerais is a state that has encouraged companies in our industry,” says the CEO of Jalles Machado, Otávio Lage de Siqueira Filho.
Jalles Machado now has three industrial units, with a combined capacity to process 9 million tons of sugarcane per harvest, of which 3.3 million at the Jalles Machado Mill; 3 million at the Otávio Lage Mill, and 2.7 million at the Santa Vitória Mill.
“We are very excited and optimistic about this new phase of the company. We welcome our new employees with open arms. Together, we will keep growing, with sustainability and commitment to our customers and the community,” adds Otávio Lage Filho.
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