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Louis Dreyfus Commodities, Cargill win Brazil port area

Published 2015-12-09, 07:49 a/m
© Reuters.  Louis Dreyfus Commodities, Cargill win Brazil port area

SAO PAULO, Dec 9 (Reuters) - Louis Dreyfus Commodities and
Cargill won an auction on Wednesday to operate a grains area at
Santos Port, the first terminal to be leased by the government
under a 2012 law meant to bring investment and upgrade
infrastructure.
Louis Dreyfus Commodities makes up 60 percent of the winning
Consortium LDC Brasil BSL, while Cargill has 40 percent, the
consortium said. It offered 303 million reais ($80 million),
beating another proposal from Agrovia SA.
The consortium is required to move 3.9 million tonnes by its
third year of operation.
($1=3.77 reais)

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