At the upstream level, the Company is running a palm oil plantation project in Brazil.
The plantations total about 41,400 hectares, planted between 2011 and 2015, and in 2018 they produced about 240 thousand tons of fresh fruit bunches (FFB) used for palm oil.
In the end of 2018, the first extractor of the project was started, with first oil of its own production obtained. In this new industrial unit we processed 95.5 kt of CFF, for a total of 18.4 kt of Crude Palm Oil (CPO), marketed for multiple purposes: food industry, refining for RBD (Refined, Bleached and Deodorized), biofuels, amongst others.
The production of FFB will grow gradually over the next few years, eventually reaching about 1 million tons of FFB per year, equivalent to around 200 kton of CPO.