1

Jatropha Project

CO2

Solar energy

Recycled oil

Oil extraction

Biodiesel Production

The Biodiesel chain

Distribution

Plantation

Consumption

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What is Biodiesel?

It's a fuel made from natural, renewable sources such as vegetable oil, similar to the Diesel from petroleum

Obs: Biodiesel is not the same as vegetable oil!Vegetable oil becomes biodiesel after a chemical process.

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What are the advantages of Biodiesel?

Renewable It can be blended in any concentration with diesel-oil Can be used in unmodified diesel vehicles Produced from many sources

Edible virgin or used oil (olive, soy, corn, sunflower, ecc) Non-edible oils (castor, jatropha) Animal fat (lard)

Does not contribue to the Greenhouse gas effect

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Is it really the same as Diesel?

The NREL-US test Buses :5 B20 e 4 Diesel comum 2 years, 160.000 km Chassis: Orion V / 2000 Motor: Cummins / 2000 Conclusion

Consumption: the same Maintenance : the same

Fonte: 100,000-Mile Evaluation of Transit Buses Operated on Biodiesel Blends (B20)National Renewable Energy Laboratory—U.S. Department of Energy

Diesel B20Consuption 1,87 1,87 km/lMaintenance

Bus 0,34 0,32 US$/kmMotor 0,03 0,04 US$/km

Technically equivalent

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Case: NewHolland

New Holland Supports B1008 November 2007

New Holland Agricultural Equipment now supports the use of B100 biodiesel in all equipment with New Holland-manufactured diesel engines, including electronic injection engines with common rail technology.

Overall, nearly 80% of New Holland-branded products with diesel engines are now available to operate on B100 biodiesel. New Holland has also asked other suppliers of diesel engines used in New Holland-branded products to test and approve higher levels of biodiesel.

Penn State’s College of Agricultural Sciences is operating new, unmodified New Holland tractors on B100 biodiesel on their 1,500-acre research farm to find out what diesel equipment owners can expect to experience when they use B100. After nearly two years of use, the tractors have performed with no adverse effects in performance or maintenance, according to Glen Cauffman, the university’s manager of farm operations and services.Paul Trella, New Holland Director of Product Marketing for Under-100 HP Tractors, stressed it is essential to use high-quality biodiesel produced to ASTM D6751 standards from a reputable supplier who can offer consistent fuel quality to ensure optimum performance and engine durability.

Source: New Holland Web site at www.newholland.com/na.

New Holland tested biodiesel for 2 years with no adverse effects in performance and maintenance

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Case: Aviation

World's First 100% Biodiesel Jet Flightby Sami Grover, Carrboro, NC, USA on 10.12.07

Aviation history was made earlier this week in the high desert at the Reno-Stead Airport when an L-29 military aircraft piloted by Carol Sugars and Douglas Rodante succeeded in completing the world’s first jet flight powered solely by 100% biodiesel fuel. The Czechoslovakian-made aircraft is rated to fly on a variety of fuels including heating oil, making it the preferred platform for testing biodiesel in jet engines.

The experimental test flights were conducted starting with a blend of jet fuel and biodiesel. The engine data was measured and the performance was evaluated and found acceptable for continued use, eventually resulting in the landmark flight using 100% renewable biodiesel fuel. According to Chief Pilot Carol Sugars who wrote and conducted the test program, “As we gradually increased the amount of biodiesel in the fuel blend, the data confirmed that the aircraft continued to perform well, giving me the confidence to transition to 100% biodiesel.” Flight tests were conducted up to an altitude of 17,000 feet showing no significant difference in performance compared to conventional jet fuel.

Source: http://www.treehugger.com/files/2007/10/worlds_ first_100_ percent_biodiesel_ jet_ flight.php

First jet flight with 100% biodiesel

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Case: Aviation

Bio-jet fuel tests planned07 june 2007

Petroleo Brasileiro SA, Brazil's state oil company, plans to study and distribute bio-jet fuel made from an oilseed blend. Studies by Brazil's TecBio, Boeing Co and NASA show use of the fuel is feasible, Petrobras said yesterday at a biofuels conference in Rio de Janeiro. Experimental tests with alternative jet fuels will begin this month under the TecBio-Boeing-NASA program, Francelino da Silva Paes, a Petrobras biofuels official, said during a presentation of the company's plan. The world's first demonstration flight using the fuel is planned for next year by Boeing, General Electric Co and Virgin Atlantic Airways, he said.Source: http://www.aviationweek.com/aw/generic/story_ generic.jsp?channel=bca&id=news/bca0907p3.xmlhttp://www.taipeitimes.com/News/biz/archives/2007/07/08/2003368717

Petrobras, TecBio, Boeing, Nasa and Virgin Atlantic are testing fuels produced from vegetable oils

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Case : San Francisco ­ US

San Francisco Converts Entire Diesel Vehicle Fleet to Biodieselby Jeremy Elton Jacquot, Los Angeles on 12. 1.07Cars & Transportation

San Francisco hit another major green milestone earlier this week when Mayor Gavin Newsom announced that the city had converted its fleet of approximately 1,500 diesel vehicles to run on biodiesel - a month earlier than the goal it had set in 2006. Fire engines, ambulances and MUNI buses, amongst others, will now run on B20, a blend of 20% biofuel and 80% diesel fuel.

The city estimates the conversion will have the effect of displacing the equivalent of 1.2m gallons of diesel fuels every years. In addition, it will help to significantly cut down on the amount of diesel exhaust produced; the Bay Area is second only to (who else?) Los Angeles in the health impacts of diesel.

Fonte: http://www.treehugger.com/files/2007/12/san_francisco_converts.php

San Francisco­US is converting his 1500 bus fleet to B20 biodiesel

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How Biodiesel is produced?

OilseedPlantations

Used oil

Animalfat

(M)ethanol

Cataliser

Glycerin Biodiesel

Oil extraction

Biodiselplant

Export

DistributionCompanies

Largeconsumers

(Fleet)

Retail(not allowed

in Brazil)

by-products (protein)

Chemical industry

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The most important fact to know!

of the cost of Biodiesel is the cost of the feedstock75%

OilAlcoholOthersOperational costLabor

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Cost forecast

Plantation Vegetable OilBiodiesel Petroleum

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Feedstock options : edible oils

Soybean

Rapeseed

Palm tree

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Feedstock options : non­edible oil

Castor bean Jatropha curcas

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Which feedstock is most economic?

Edible oil Oil in seed* Seed yield Oil yield Oil price(US Gulf)**% kg/ha kg/ha US$/kg

Sunflower 48 2.200 1.056 0,99Corn(Maize) 3 8.000 274 0,71Rapeseed(Canola) 44 1.800 792 0,66Coconut(Copra) 63 3.000 1.890 0,66Soybean 18 3.500 630 0,55Palm 18 25.000 4.500 0,42

Non­edibleJatropha(1) 35 6.000 2.100 0.30(2)

1 – An alternative oil from new crops of Jatropha curcas, a native plant of Central America2 – PlantaBio’s estimated cost of production, FOB farmSources:* Handbook of Energy Crops – James A. Duke, 1983. Unpublished.** Jacobsen Publishing Co. – Mkt. News: Vegetable Oil (07/11/05)

How much it produces? What is the cost of plantation? What is the price of land? How long it takes to produce?

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What is Jatropha curcas?

A perennial plant over 25 years of production.

Low water requirements good production with 500-700 mm/year. survives <200 mm/year;

Doesn´t require good soils Good yield

seeds with high oil content.

Native in Brazil

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Jatropha yields

Country Grain (ton/ha) Age Source

Indonesia4,00 - 5,00 5 Years FACT Foundation - Biofuel Summit 2007

4,00 - 5,00 5 Years Dr. Achmad Suryana - Ministry of Agriculture of Indonesia - April 2007

India4,00 - 6,00 5 Years

5,00 5 Years Resources and Livelihoods Group - PRAYAS (Non Profit - Charitable Trust)

4,00 4 Years GreenRev Business Pvt. Ltd.

Ghana 7,00 - 8,00 5 Years Jatropha Africa - Ghana

Philippines 3,50 - 5,00 5 Years Department of Science and Technology

Nicaragua 4,00 - 5,00 4 Years FACT Foundation - Biofuel Summit 2007

Costa Rica 4,80 5 Years DANIDA Forest Seed Centre (Denmark) & Enviroment Africa

Peru 6,25 5 Years Dr. D. Jordens-Roettger - GTZ (German Development Corporation)

Brazil

0,80 1 Years2,50 2 Years4,00 3 Years

6,00 4 Years

Global 6,00 - 8,00 5 Years Purdue University - Centre for New Crops and Plant Products

Potential12,50 5 Years

12,00 - 15,00 5 Years Jones & Milles 1993 ; Heller 1996

Technology Information, Forecasting & Assesment Council - Department od Science and Technology - India

Conab (Companhia Nacional de Abastecimento) - Ministerio da Agricultura, Pecuaria e Abastecimento

Biodiesel Project for the State of Uttar Pradesh - Bharat Petroleum Corp, Nadian Biomatrix Limited & Biotech Park

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Known problems of Jatropha 

Recent governamental certification and lack of agricultural zoning

Diseases and pests as any other plant

Cultivation techniques not known by farmers

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Mechanical harvesting Based on olive and coffe machines

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Case : British Petroleum

BP Bets on the Jatropha TreePosted By Mark Gongloff On June 29, 2007 @ 10:34MarketWatch’s Steve Goldstein has this report on BP’s latest biofuels venture:

BP announced its second biofuel venture in a week, this time inking a deal with a British firm to get fuel out of Jatropha curcas.

BP and D1 Oils said they plan a 50-50 joint venture to accelerate the planting of Jatropha curcas — a drought-resistant, inedible oilseed-bearing tree. It does not compete with food crops for good agricultural land or adversely impact the rainforest.

BP earlier this week unveiled a $400 million plant with Associated British Foods and DuPont in which wheat will be converted into bioethanol at a plant in Saltend, Hull.D1, a U.K.-listed biodiesel producer, and BP will work together exclusively on the development of jatropha as a sustainable energy crop, including the planting of trees, harvesting jatropha grain, oil extraction and transport and logistics. BP and D1 Oils intend to invest about $160 million in the next five years.

D1 said it’s going to grant BP an option to subscribe for new shares representing 16% of its enlarged share capital at an average price of 251 pence. For D1, the news was significant, pushing its shares up 8.3% to 261.75 pence in mid-morning trade. BP shares rose 0.7%, continuing recent strength in the oil sector this week.

Article printed from Energy Roundup - WSJ.com: http://blogs.wsj.com/energy

URL to article: http://blogs.wsj.com/energy/2007/06/29/bp-bets-on-the-jatropha-tree/

British Petroleum and D1Oil intent to invest about $160million the next 5 years in jatropha plantations

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Case: D1 Oil

Produção de Biodiesel a partir do Pinhão Manso pode gerar emprego e renda no Norte de Minas

Empresários da D1 Oil, indústria inglesa produtora global de biodiesel, estiveram reunidos com a secretária Elbe Brandão e com o presidente do Instituto de Desenvolvimento Integrado de Minas – Indi, Reginaldo Arcuri, para discutir a possibilidade de investimentos da indústria, na região Norte de Minas para produção do biodiesel a partir do pinhão manso.

A D1 Oil é pioneira em seleção genética, plantio e produção de óleos a partir de vegetais não comestíveis. Em Minas Gerais, no município de Janaúba, a Epamig já está realizando pesquisas da cultura de pinhão manso que deve constituir-se na base de estudos visando à seleção e ao aprimoramento de variedades mais produtivas.

De acordo com Paul Nicholas, representante da D1 Oil, o Jatropha curcas, conhecido popularmente como pinhão manso, tem sido reconhecido mundialmente como uma fonte alternativa renovável para a produção do biodiesel. “Além de perene e de fácil cultivo, suporta baixa densidade pluviométrica e apresenta boa conservação da semente colhida, podendo se tornar grande produtora de matéria prima como fonte opcional de combustível”, afirma. Atualmente, essa espécie não está sendo explorada comercialmente no Brasil, mas segundo o consultor Mike Lu, o pinhão manso é viável para a obtenção do biodiesel, pois produz, no mínimo, duas toneladas de óleo por hectare, levando de três a quatro anos para atingir a idade produtiva, que pode se estender por 40 anos.

Para a secretária Elbe Brandão, a possibilidade do uso do óleo do pinhão manso para a produção do biodiesel, abre amplas perspectivas para o crescimento das áreas de plantio com esta cultura no norte e semi-árido mineiro. --------------------------------------------------

BH - Abril/2007 Assessoria de Comunicação – 31 2129-8118

Fonte: http://www.idene.mg.gov.br/noticias_061.htm

D1Oil came to visit the NorthEast of Brazil looking for suitable location for jatropha plantations

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Case : Sada BioEnergia

Sada Bioenergia investe em pinhão-Manso para a fabricação de biodieselValor Econômico - Segunda-feira, Fevereiro 12, 2007

A subsidiária Sada Bioenergia, instalada numa área de 16 mil hectares no município de Jaíba, no norte de Minas Gerais, começará a processar cana-de-açúcar para a produção de álcool e pinhão-manso para a fabricação de biodiesel.

Até 2010, o grupo controlado pelo empresário Vittorio Medioli, que também edita o jornal "O Tempo", investirá R$ 120 milhões na construção de uma planta industrial conjugada de álcool e biodiesel e na implantação de 11 mil hectares de cana e de 5 mil de pinhão-manso.

A usina de biodiesel, capaz de moer 240 mil toneladas de pinhão por ano, fabricará 85 mil toneladas de biodiesel a partir do processo etílico - 14 milhões de litros de etanol serão usados na produção de um biodiesel 100% vegetal, sem a utilização de produtos minerais no processo. Na segunda etapa, prevista para 2012, a usina de álcool passará a moer 2,5 milhões de toneladas de cana, produzindo 220 milhões de litros de álcool. No biodiesel, será possível elevar a produção a 1,1 milhão de toneladas a partir de 3 milhões de pinhão.

Operador de uma frota de dois mil caminhões, o grupo Sada usará os combustíveis para atingir a auto-suficiência no abastecimento de seus veículos. Para isso, construirá dois pontos de apoio para alimentar sua frota em Juazeiro (BA) e Itaubim (MG). A produção será transportada em comboios-tanque movidos a biodiesel pelo rio São Francisco até as duas cidades. No Jaíba, um duto de 13 km ligará a usina até o rio. "Nosso objetivo é a auto-suficiência. Mas como somos uma empresa de logística, pensamos na distribuição da produção", explica Vittorio Medioli, que exerceu quatro mandatos de deputado federal.

Sada is planting 11.000ha of sugar cane and 5.000ha of jatropha to produce fuel to his own fleet

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Case: Janaúba­MG

Estos proyectos representarán una inversión conjunta equivalente a 3,72 millones de euros, aproximadamente, "y su realización se repartirá entre la filial CIE Autometal con una inversión de 1,90 millones de euros (51% de las acciones de la joint venture) y NNE y sus asociados con 1,82 millones de euros de inversión (en conjunto titulares del 49% restante)".

Fonte: http://www.expansion.com/edicion/exp/empresas/es/desarrollo/1057442.html

Spanish group CIE invested Euro 3,72 millions in jatropha plantation in MG­Brazil

CIE refuerza su apuesta por los biocombustibles en BrasilPublicado el 14/11/2007, por Expansion.com

El grupo industrial español ha comunicado a la CNMV la firma de un acuerdo de joint venture entre su filial brasileña y NNE Minas Agro Forestal para la producción y explotación en Brasil de cultivos relacionadas con la producción de biocombustibles y biocarburantes. El proyecto tendrá una inversión inicial de 3,72 millones de euros.CIE Automotive señala en su comunicado que estos proyectos se centrarán, "entre otros fines", a la producción, plantación y explotación de "semillas de pinhão manso ( jatropha curcas)" y "en el desarrollo de otras oportunidades de negocio relacionadas con este cultivo y la producción de biocombustibles y biocarburantes".

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Case : Petrobras biodiesel plants

Candeias (BA) Montes Claros (MG) Quixadá (CE) TOTAL

Capacity 57 57 57 171Signed contract 11/08/06 27/12/06 29/12/06

Operation 2008 2008 2008

milhões de litros/ano

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Biodiesel refineries

Batch processContinuous process

25

The biodiesel production process

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Cost composition of biodiesel

Other inputs Price Proportion Cost(M)ethanol ,090 , %1400 ,013

Cataliser ,350 , %005 ,00018R$/L R$/L

Feedstock Planted area Production

Vegetable oil 10.000 20.000 Taxes Profit Production Income2.000 20.000 40.000 0,6 Biodiesel 1,02 1,33 20% 1,6 39.200 12.530.045

30.000 60.000 30% R$/L Ton/ano R$/anoL/ha ha ton/ano R$/L

Glycerin 0,20 0,26 0,50 3.800 380.00012.910.045

R$/ano

20.000 9.800.000 0,26 0,0840.000 11.200.000 0,23 0,0760.000 13.200.000 0,22 0,06ton/ano R$ R$/L R$/L

Estimated cost

Production cost

Sales Price

Refinery (capacity)

Initial Investment

Operational cost

Capital cost

Attention: All values are for reference only

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Our company : Plant.a.Bio

Brazilian company Partnership between:

Cazenave & Asociados SA Lartirigoyen SA Phoneutria Biotecnologia Ltda

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Backgrounds

Phoneutria Founded in 1994 Leading edge of Biotechnology

and genetics Close related to universities and

research institutions

Cazenave Founded in 1969 Evaluates, Develops and Manages

Investment Projects last 12 years managed investments

in agricultural activities for more than US$ 205M on more than 800.000 ha

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Cazenave in Argentina

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Example Glencore : Moreno

Sunflower crushing plant Capacity : 2.000.000 ton/ano 580 employees

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Example Glencore : Renova

Biodiesel Plant Renova 240.000 ton/ano San Lorenzo-AR

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Example : Patagonia Bioenergia

Soy oil refinery capacity 600.000 Ton/ano

Biodiesel reactor capacity 250.000 Ton/ano

Own area 11 ha

Biodiesel storage 20.000 ton

Soybean oil storage 8.000 ton

Refined soy oil storage 4.000 ton

Methanol storage 1.600 ton

Power usage 2MW

Boiler Pressure 15 kg/cm²

Planned plantation of 40.000ha of Jatropha

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Plant.a.Bio activities

Nursery in BrazilNursery in Brazil Plantlet productionPlantlet production

Research in India Reseach in BrasilReseach in Brasil

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Phoneutria's researches

Jatropha Micropropagation Jatropha Genetic improvement Jatropha Genetic molecular markers

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Goals of Plant.a.Bio

Provider of improved genetic material for bio fuel crops, with initial emphasis on biodiesel and Jatropha

Consulting and management expertize to worldwide companies interested in renewable energy sources

Partnerships with local farmers and small producers to achieve lower production costs and to bring development to population near plantations

Business opportunity

Planning

Commercialization

Implementation

Profit

Investor

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Administration overviewClient AdministrationClient Administration

PlantaBio AdministrationPlantaBio Administration

LandLand

Environmental licensingEnvironmental licensing

Logistics : TransportationLogistics : Transportation

HarvestingHarvesting

Industry : Oil extractionIndustry : Oil extraction

MachineryMachinery

InfrastructureInfrastructure

CleaningCleaning

MaintainanceMaintainance

FormationFormation CleaningCleaning

MaintainanceMaintainance

FormationFormation CleaningCleaning

MaintainanceMaintainance

FormationFormation

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Brazilian biomes

Amazonia 420 49%

Cerrado 204 24%

Mata Atlantica 111 13%

Caatinga 84 10%

Pampa 18 2%

Pantanal 15 2%

Total Brasil 851 .000.000 ha

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Location : rain, temperature, soil

39

Locations : logistics

40

Milllions of ha %

Total area of Brazil 851 100Suitable for agriculture 153 18

Used by plantations 63 7Temporary plantations 43 5Permanent plantations 15 2

Forest plantation 5 1

Available for agriculture 90 11Pasture 177 21

Semi-arid 90Native forest 440 53

Amazon 350

The opportunity : northeast

Large areas suitable for Jatropha in Brazil Jatropha Oil does not compete in the

edible oil markets. Energy companies interested in new

sources of feedstock. Worldwide demand

Fonte: MAPA 2004

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Recycling: used vegetable oil

Fonte: Recóleo ltda., Belo Horizonte-MG

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Carbon credit

Carbon credit

Aditionalincome

CO2Excess

Limit allowed

CO2 absortion

Seller(Clean project)

Buyer

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Food or Fuel?

Food AND Fuel! Oil -> fuel Meal, Intercropping > food

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Recovering degrated land

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2nd Generation biofuels

Fonte: Festel Capital - www.festel.com

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Brazilian governamental incentives

The "Certificate of Social Fuel" small farmers must be involved in the business required to sell to Petrobras qualify to lower taxes

The "semi-arid" Northeast of Brazil lower taxes

The National Biodiesel Program www.biodiesel.gov.br lower interest rates

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Credit : Banco do Nordeste

Bank ratesFarm Industry

Micro 5% 7,25% year

Small 7,25% 8,25%

Medium 7,25% 10%

Large 9% 11,5%

Demais condições na agênciaContato : Sr. Wladston Viana, Gerente Agencia Belo Horizonte :(31) 3263 6400clienteconsulta@bnb.gov.br ou 0800783030

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Contact

Antonio Tomás Parsons atparsons@plantabio.com.br 54 (11) 4763 5500

Luciano Cardoso lcardoso@plantabio.com.br 55 (31) 3427 6413

PlantaBio Agrotecnologia Ltda. Rua Teles de Menezes 148 Santa Branca 31565-130 Belo Horizonte, MG - Brasil