Sao martinho - Investor Relations Mobile

News


Notice to the Market

Santa Cruz crushing capacity to increase to 5.2 million tons

São Paulo, December 14, 2015 - São Martinho S.A. (BM&FBovespa: SMTO3; Reuters: SMTO3 SA and Bloomberg: SMTO3 BZ), one of Brazil’s leading sugar and ethanol producers, announces to shareholders and the market that, today, the Company’s Board of Directors authorized the expansion of the sugarcane processing capacity at the Santa Cruz mill, from the current 4.5 million tons to 5.2 million tons.

The unit’s expansion project is estimated to require investments of R$41.7 million in the acquisition of agricultural and industrial machinery and equipment, which will increase production capacity, mainly of ethanol and cogeneration, as shown in the following table:

TABELA2

Capital injections under the expansion are expected to take place over the course of the current crop year and the 2016/17 crop year, with the new capacity startup scheduled only from the 2017/18 crop year.

Felipe Vicchiato
Chief Financial and Investor Relations Officer

Aline Reigada
Investor Relations Manager

To access the PDF version, please click here.