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Welcome to our bi-weekly newsletter, where we bring you the latest updates from Votorantim and our portfolio companies, along with market insights and news.
Portfolio at COP29
The companies in our portfolio were present at COP29 in Baku, Azerbaijan, alongside global leaders to discuss actions to tackle climate challenges. David Canassa, director of Reservas Votorantim, and Luciano Alves, CEO of CBA | Companhia Brasileira de Alumínio, participated in discussions on the impact of the carbon market, climate adaptation strategies, energy transition, and the importance of the circular economy. Reservas Votorantim also took the opportunity to present the PES Carbonflor methodology, launched this year. The next edition of the COP will be held in Brazil, hosted in Belém, Pará.
Rising new locations
Altre was highlighted in a report by the Valor Econômico newspaper about the availability of alternative corporate addresses in São Paulo. The publication noted that secondary areas, such as Vila Leopoldina, recorded higher gross office space absorption than primary regions in the third quarter of this year. Haig Apovian, Altre’s executive investment director, explained how the company’s land locations were crucial in meeting the needs of businesses requiring easy access to São Paulo’s capital.
OPAZ visit to Santos
Representatives from OPAZ, Oman’s Public Authority for Special Economic and Free Zones, conducted a technical visit to Citrosuco’s terminal at the Port of Santos. A partnership between the Port Authority and the Arab-Brazilian Chamber of Commerce helped strengthen relations and facilitated discussions on operational dynamics and customs processes for importing and exporting goods to Brazil. This terminal serves as the departure point for Citrosuco products, reaching around 100 countries worldwide.