Santos Teacu I (merged Santos Teacu II)

active

Teacu – Armazens Gerais S.A. won a 20-year concession to rehabilitate and operate the Teacu I Dry Bulk Terminal (Teacu I - Armazens 4, 9, 14, and 19) at the Port of Santos on March 7th of 1996. The total area of the terminal is 36,899 square meters. Teacu has to pay monthly installments of US$ 44,300 (R$ 46,100) to CODESP, the government agency responsible for the Port of Santos. The company announced that it expects to invest US$ 25 million (R$ 26 million) during the concession period to rehabilitate the terminal facilities. In 2008, Cosan (ID 2977) and Nova America merged its activities at Santos port, and created a new company to manage the facilities: Rumo Logistica. Only port projects which committed US$ 10 million or more in investments were included in the database.