ULTRAPAR PARTICIPACOES S.A. 
By ULTRAPAR PARTICIPAÇÕES S.A.
Publicly Traded Company
CNPJ nº 33.256.439/0001- 39
NIRE 35.300.109.724
MARKET ANNOUNCEMENT
Ultrapar announces its investment plan for 2012
São Paulo, December 15th, 2011 - ULTRAPAR
PARTICIPAÇÕES S.A. ("Ultrapar") announces its investment plan
for 2012, approved by the Board of Directors.
Ultrapar's investment plan for 2012, excluding acquisitions,
amounts to R$ 1,088 million and aims at growth through
increased scale and productivity gains, as well as
modernization of existing operations.
Organic investment plan¹ for 2012 | R$ million |
Ultragaz Ipiranga Oxiteno Ultracargo Others² Total | 157 775 83 51 21 1,088 |
1 Net of disposals
2 Includes mainly RPR and corporate IT services
At Ultragaz, investments will be mainly dedicated to (i) the
expansion of UltraSystem (small bulk), due to the perspective
of capturing new clients, (ii) the construction of two new
facilities and purchase of LPG bottles, focusing on
strengthening its presence in the Northeast and North regions
of Brazil and (iii) the replacement of bottles and tanks.
At Ipiranga, investments will be focused in the expansion of
its service stations (through the opening of new gas stations
and the conversion of unbranded service stations) and
franchises network, as well as the construction of new
facilities, mainly in the Midwest, Northeast and North
regions of Brazil. Out of Ipiranga's total investment budget,
R$ 715 million refer to additions to property, plant,
equipment and intangible assets, and R$ 60 million refer to
financing to clients, net of repayments.
At Oxiteno, the reduction in investments reflects the
conclusion of an important expansion cycle in 2011. The
budgeted investments will be mainly directed to the
maintenance and modernization of its plants.
Ultracargo will direct its investments to the conclusion of
the expansions of the Santos and Aratu terminals, which will
add 68,000 cubic meters to the company's storage capacity and
will start up in mid-2012, and for the maintenance of its
terminals.
André Covre
Chief Financial and Investor Relations Officer
Ultrapar Participações S.A.
| distribué par | Ce noodl a été diffusé par Ultrapar Participações SA. Il a été distribué par noodls dans son format d'origine et sans modification sur 2011-12-15 15:23:43 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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