Votorantin



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Description: O Grupo Votorantim concentra operações em setores de base da economia como cimento, mineração e metalurgia, siderurgia, celulose e papel, suco concentrado de laranja e autogeração de energia.

Votorantim Metals signed a definitive contract for purchase of the North-American company U.S.ZINC, subsidiary of Aleris International Inc. for US$ 295 million. The company is the domestic market leader in recycling of industrial residues from galvanization, metallic zinc production and products of greater added-value, like zinc oxide and zinc powder, and it also has a commercial branch with trading activities. U.S.ZINC has five manufacturing units in the United States and a plant in final phase of construction in China, to be commissioned in the beginning of 2008.

“With this purchase, Votorantim Metals starts manufacturing operations in the two main global consumer markets: United States and China, in addition to confirming the company’s position as a global player in the production of zinc”, explains Carlos Ermírio de Moraes, president of Votorantim Participações’ Board. “This investment is part of the Group’s growth strategy in the industrial sectors in which it has international standards of excellence, seeking assets that make it competitive worldwide”.

U.S.ZINC currently produces metallic zinc in three industrial units in the states of Michigan, Washington and Texas. The Texas unit also has an integrated plant for manufacture of zinc powder. The company has two manufacturing units for zinc oxide in Clarksville and Millington in the state of Tennessee.

U.S.ZINC’s trading activity markets metallic zinc through its commercial offices in Houston and Pittsburgh. The plant under construction in Changshu in the province of Jiangsu, 100 km from Shangai will produce zinc oxide, zinc powder and metallic zinc once it is fully operational.

“With U.S.ZINC, Votorantim Metals consolidates its position as third largest producer of zinc, world leader in zinc oxide and the second in the global ranking of zinc powder”, explains João Bosco Silva, managing director of Votorantim Metals, stressing that the company also consolidates the leadership in metallic zinc in the Americas, also becoming the fourth largest recycler worldwide. “Recycling is responsible for about 30% of the zinc consumed and is completely in line with our strategy of sustainability and with the concepts of closed circuit and ‘zero’ residue in production”, rounds up the executive.

Votorantim Metals will use the new markets as distribution channels for the products of its expansion process in Cajamarquilla, in Peru, where it is investing US$ 500 million to increase its capacity to 320 thousand tons/year. In addition to the high technology, it also has the tradition of U.S.ZINC in its strong relationship with the clients. With the purchase, Votorantim Metals will absorb about 200 employees from U.S.ZINC, in the United States, and 40 in China, raising the share of operations outside Brazil to 40% in its turnover.

 Votorantim Metals is a company belonging to the Votorantim Group, one of the biggest global private business conglomerates, with Investment Grade by Standard & Poor’s, Fitch Ratings and Moody’s, the world’s main rating agencies. The company operates in the steel, aluminum nickel and zinc markets, with 14 production units in Brazil, Peru and Colombia. The company employs about 19 thousand people, and in 2006, it obtained a turnover of R$ 4.069 billion.






Photogallery Votorantin:


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Panoramio - Photo of UNIDADE RIO NEGRO(VOTORANTIN)


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Gallery - Public School In Votorantin / grupoSP - 18


Gallery - Public School In Votorantin / grupoSP - 18


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