Ultrapar Holdings Inc 6-K, filed Apr 12, 2021
Ultrapar Holdings Inc (UGP)
About this 6-K
Ultrapar Holdings Inc filed this 6-K on April 12, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 6-K |
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 Or 15d-16 Of
The Securities Exchange Act Of 1934
For the month of April 2021
Commission File Number: 001-14950
ULTRAPAR HOLDINGS INC.
(Translation of Registrant’s Name into English)
Brigadeiro Luis Antonio Avenue, 1343, 9th floor
São Paulo, SP, Brazil 01317-910
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ____X____ Form 40-F ________
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ________ No ____X____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ________ No ____X____
ULTRAPAR PARTICIPAÇÕES S.A.
Ultracargo won concession’s auction in the Itaqui port area (MA)
São Paulo, April 9, 2021 – Ultrapar Participações S.A. (B3: UGPA3; NYSE: UGP, “Company”) hereby informs that Ultracargo won a concession’s auction for the lease of IQI13 area in the Itaqui port, state of Maranhão, for storage and handling of liquid bulk products, specially fuels. The process was conducted today after the bidding process held by the National Agency for Waterway Transportation – ANTAQ, at B3 headquarters.
In the leased area, a new terminal will be built with a minimum installed capacity of 79 thousand m³ and operations shall start in up to five years from the date of signing of the contract. The lease will last for 20 years and may be renewed for up to 70 years. An investment of about R$ 310 million is estimated for this capacity, including the amount related to the grant, to be disbursed in up to six years.
The port of Itaqui has a strategic location for the fuel logistics chain in Brazil, where Ultracargo already operates a terminal with installed capacity of 109 thousand m³, with expansion in progress that will increase capacity to 155 thousand m³ by the end of this year. The new terminal will be interconnected to the existing one, which will allow greater flexibility for customers and gains in scale. It also represents an important stimulus for the development of the economy and consequent job creation in the region.
This new investment is aligned with Ultracargo's strategy of expansion and profitability, consistent with the message the Company has been providing to its shareholders and the capital markets.
Rodrigo de Almeida Pizzinatto
Chief Financial and Investor Relations Officer
Ultrapar Participações S.A.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: April 9, 2021
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ULTRAPAR HOLDINGS INC. |
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By: /s/ Rodrigo de Almeida Pizzinatto |
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Name: Rodrigo de Almeida Pizzinatto |
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Title: Chief Financial and Investor Relations Officer |
(Market announcement)