EBX Group

EBX Group
EBX
Type Private
Industry Conglomerate
Founded 1983
Headquarters Rio de Janeiro, Brazil
Key people Eike Batista (CEO)
Products Crude oil and Natural gas
Mining
Shipbuilder
Logistics
Medical
Employees 19.300
Website www.ebx.com.br

EBX is a Brazilian holding company founded by Eike Batista in 1983 and headquartered in Rio de Janeiro. The companies of the group all have a X in the name.[citation needed]

Contents

Companies

EBX operates a number of subsidiary companies.

LLX

LLX[1] is a Brazilian logistics company founded in 2007. It operates mainly in the port sector through two major port terminals. Those are Super Port Açu and Port Sudeste, located in southeastern Brazil. They account for 75% the country's GDP. LLX projects are aimed at developing integrated operations within the EBX Group, enjoying the benefits of synergies resulting from the large mining operations, logistics, power generation and petroleum. For example, LLX and MMX Mineração signed long-term contract for the handling of iron ore through the Port East. MPX, energy company of the EBX Group, will use the logistics infrastructure of Super Port Açu and provide competitive contracts to LLX and their clients in the complex.

MD.X

MD.X is a medical center located in Rio de Janeiro. The center is considered one of the most modern medical and hospital complexes in Brazil, utilizing the latest technology.[citation needed] The center has 17 different clinical practice areas, a center for diagnostic medicine, medical analysis, laboratory, and a department for health and skin beauty.

MMX Miner

MMX Miner[2] (Portuguese: MMX Mineração) is a mining and metal company, founded in 2005. The company its organized into two systems and one subsidiary. Those are the "MMX Corumbá" system, the "MMX Sudeste Mineração" system and the subsidiary "Minera MMX de Chile". Its operations are concentrated in Brazil and Chile. MMX is listed on BM&F Bovespa since 2006 and had borrowed US$ 504 million. Since 2009, they are listed on the Ibovespa index. The Chinese Iron company WISCO holds 21% of the stake in MMX and along with it its the controlling shareholders holds 65% of shares.

OGX

OGX[3] is the largest privately owned Brazilian oil and natural gas company and the second largest Brazilian company in this sector, after Petrobras. Since its inception in July 2007, the company has established a large position in the Brazilian exploration and production of oil and natural gas through the acquisition of a diversified portfolio of blocks and high exploration potential.[citation needed] In June 2008, OGX held its IPO, where they were captured resources in the order of R$ 6.7 billion in a bid 100% primary, becoming the largest ever in Brazil. The funds are intended to campaign for exploration and development of discoveries. Ontario Teachers' Pension Plan owns 10.7% of company shares.[citation needed] The company is also listed on the Ibovespa index of the BM&F Bovespa.

MPX Energia

MPX Energia is involved in electricity production, including the development of a thermal power plant in Ceará, Brazil. In partnership with the American company MDU Resources Group, Inc. with an investment of US$ 150 million. The Termoceará with generating capacity of 220 MW natural gas fired, was built in record time of 10 months. With this venture, the company demonstrated its ability to implement projects with deadlines and very competitive costs. Since then, MPX resulted from the development of new projects and has sold 900 MW (considering only the participation of MPX) in energy auctions promoted by the Brazilian government for a period of 15 years and beginning delivery scheduled for 2012 and 2013. The company also has a portfolio of projects that will provide a significant growth of its ability to generate in the coming years. MPX its headquartered in Rio de Janeiro as their projects to generate energy are spread throughout Brazil and Chile.

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MPX develops mining projects for the extraction of coal, which is the fuel used in some of its thermal units. Therefore, MPX controls a coal mine in southern Brazil, and coal mining rights in Colombia. Although early developments are hired based on coal, MPX plans to diversify its energy, making energy available on other fuels, including natural gas and renewable sources. In the fields of renewable the company has a partnered with Chinese Yingli, one of the largest company of solar industry in the world - for the development of a pilot plant for solar power generation in the city of Tauá in State of Ceará.

MPX has 4 projects from energy sold (UTE Porto de Pecem (Pecem Port) I,II, UTE Porto de Itaqui (Itaqui Port, UTE Serra do Navio), and a portfolio of projects in licensing. They also have coal mining rights in Colombia and a coal mine in southern Brazil, which will supply the plants of the company. In addition, MPX has with OGX 70% share in 7 exploration blocks with high potential for natural gas in Maranhão.

Other

Additional subsidiaries include Offshore Services X, a shipbuilder and shipyards, Mr Lam, a Chinese restaurant, the Gloria Palace Hotel, and the Pink Fleet cruise ship.

References

External links


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