Odebrecht 2012 is the publication that sums up the
performance of all Odebrecht Group companies in 2011.
In addition to presenting consolidated economic and
financial information, it showcases the main achievements
of our Members and the most significant human, social/
environmental and cultural indicators of our operations.
By identifying and winning opportunities to serve our Clients,
we take on major challenges focused on the production of
essential goods and services, particularly when it comes to
providing sustainable solutions for supplying water, energy,
housing, infrastructure facilities, food and industrial inputs.
We position ourselves as a partner for development –
committed to the economic, social and environmental
sustainability of each community where we are present,
with the ultimate goal of helping make everyone’s lives more
prosperous and replete with possibilities, today and every day.
Passengers at an
“Electric Train”
metro station
in Lima, Peru
Contents
Who we are
4
Message from the Chairman of the Board
6
Message from the President and CEO
8
Indicators for 2011
Financial Indicators
Exports
Insurance & Bonds
People
People development programs
Encouraging productivity,creativity and knowledge reuse
Preparing for post-career life
Health and workplace safety
Environmental
10
10
12
15
16
18
22
24
25
26
Odebrecht Infraestrutura (Infrastructure)
36
Odebrecht Engenharia Industrial (Industrial Engineering)
40
Odebrecht América Latina e Angola (Latin America & Angola)
44
Odebrecht Venezuela
50
Odebrecht International
54
North America, Africa, Asia/Middle East and Europe
Odebrecht Realizações Imobiliárias (Real Estate Developments)
58
Odebrecht TransPort (Transportation & Logistics)
62
Foz do Brasil (Environmental Engineering)
64
Odebrecht Energia (Energy)
68
E&C Energia
69
Odebrecht Óleo e Gás (Oil & Gas)
72
Odebrecht Participações e Investimentos (Investments & Holdings)
76
Braskem (Chemicals & Petrochemicals)
78
ETH Bioenergia (Bioenergy)
82
Estaleiro Enseada do Paraguaçu (Shipyard)
86
Odebrecht Defesa e Tecnologia (Defense & Technology)
87
Social and Cultural Programs
88
Executives of the Odebrecht Group
98
Who we are
Founded in 1944, Odebrecht is a global organization of Brazilian
origin that is committed to ensuring its Clients’ satisfaction,
generating value for its Shareholders, developing the Communities
where it is present, and ensuring its Members’ personal and
professional fulfillment.
Through diversified businesses and a decentralized structure, we
provide services and distribute products around the globe with the
guidance of the Odebrecht Entrepreneurial Technology, our own
philosophy, which sets us apart and keeps us together on the path
of Survival, Growth and Perpetuity.
Odebrecht Entrepreneurial Technology (TEO)
Based on humanist Values, TEO is a philosophy centered on doing what is right
and focused on education and work. This interlinked set of Principles, Concepts
and Criteria provides the ethical, moral, and conceptual touchstones that enable
all the Odebrecht Group’s Members to work with a common strategic direction,
unified thinking and consistent behavior
Wherever they are in the world and no matter what challenges they face, with the
guidance and mentoring of Entrepreneurial Leaders, Odebrecht Group Members
cultivate and practice the ethos of service, confidence in people and the capacity
to grow, develop and surpass previous results.
4
ODEBRECHT 2012
ODEBRECHT GROUP’S MACRO-STRATEGY
There are always three generations interacting with each other within the Odebrecht Group.
First Generation Made up of Partners with more Life experience who develop Policies and General
Strategies for the entire Group. This generation focuses on Conveying the Values and Knowledge that
permit the application of the Group’s Culture in all other Spheres, which is indispensible for keeping
Odebrecht on the path of Perpetuity. Active in the Political/Strategic Sphere.
Second Generation Comprised of mature Entrepreneurs at the height of their creative and
productive powers who are Educational Leaders for the next Generation. Their work prioritizes the
Companies’ Organic Growth. Active in the Strategic/Entrepreneurial Sphere.
Third Generation Consists of talented young Members focused on learning and satisfying their
Clients. Responsible for Image, Productivity, Profitability and Liquidity. Active in the Entrepreneurial/
Operational Sphere.
PHILOSOPHICAL CONCEPTS
FIRST GENERATION
SECOND GENERATION
THIRD GENERATION
POLITICAL-STRATEGIC SPHERE
STRATEGIC-ENTREPRENEURIAL SPHERE
ENTREPRENEURIAL-OPERATIONAL SPHERE
MAIN FOCUS
PERPETUITY
Passing on Values,
Knowledge and Experience
SHAREHOLDER
CLIENT
MAIN FOCUS
GROWTH
Achievements
and Accomplishments
MAIN FOCUS
SURVIVAL
Image, Productivity,,
Profitability and Liquidity
C O M M U N I C AT I O N A N D R E S U LT S
Shareholders and Clients are the Group’s source of Life.
Philosophical Concepts (CULTURE) emanate from the Shareholders, guiding the Group’s Entrepreneurs
with a focus on satisfying each individual Client.
Demanding Clients are the source of Results that allow the Group to develop sustainably.
5
MESSAGE FROM
THE CHAIRMAN OF THE BOARD
EMÍLIO
ODEBRECHT
In a year marked by the growth of the global economic
continued advancement of the societies in which we
crisis and political and social tension in many countries,
are present is one of our greatest assets, and that the
the Odebrecht Group continued on its trajectory of steady
affinity between our beliefs and society’s demands,
growth, primarily driven by the pace of development in
which are generating new business opportunities, is a
Brazil, its political/strategic base, where opportunities
key factor for putting us in a privileged position with our
have made up for the downturn in part of the world’s
Clients, service users and consumers.
economy. The results of our businesses in Brazil last year
reached 60.47% of our overall earnings, representing
This is nothing new for Odebrecht, as our entrepreneurs
over 10% growth compared with 2009, before the global
are groomed to interpret the signals society is sending
crisis intensified.
and get ahead of trends. We also know that when we
Economic projections indicate that the USA and Europe
may be facing two more years of recession that will
impact several parts of the globe. Political turbulence
and rapid social change are creating a new configuration
of geopolitical arrangements. Entrepreneurs must be
attuned and responsive to emerging values within
society, particularly environmental concerns.
grow our businesses in sectors that induce progress and
achieve excellence in our projects, we also expand our
reputation as providers of solutions to the challenges of
development, thereby garnering respect and trust.
This is what we achieve when we seek integrated and
innovative solutions for the supply of water, energy,
housing, infrastructure, food and industrial inputs.
At Odebrecht, we are looking ahead with a view to
6
consolidating our growth and seeking the opportunities
Our strategic priority as a business is to be partners
that tend to arise in the wake of any crisis. Among
for development, a role that is increasingly significant
other priorities, in 2011 we focused on reviewing and
in the countries where we have established a presence.
consolidating our standards of sustainability. It is
To carry it out, we must always be aware of local needs,
clear to us that our commitment to the well-being and
rely on our knowledge of those markets and exercise
ODEBRECHT 2012
“Taking on challenges that demand our best
gives us an opportunity to make the difference
for the economic and social development
of the countries where we are present.”
our flexibility and creativity when devising innovative
converge through a common vision, enriching us with
solutions that will make our Clients’ dreams come true
simultaneously multiple experiences, activating synergies
right where they need to be realized.
and fulfilling the commitments that have built up our
credibility over the course of nearly seven decades.
Continuing our global operations while maintaining
a commitment to local realities is made possible by
Taking on challenges that demand our best gives us an
decentralization, a characteristic of our model of
opportunity to make the difference for the economic
entrepreneurship, as well as by strict alignment with
and social development of the countries where we are
the values of the Odebrecht Entrepreneurial Technology
present. Never satisfied, but always optimistic, we will
(TEO). Because we share those values, we build our
carry on with a combination of audacity and selectivity,
relationships on the basis of mutual trust, which makes it
driven by the legitimate desire to fulfill our highest
possible to practice planned delegation and disseminate
potential and contribute to the growth of our fellows,
an entrepreneurial culture focused on serving Clients no
the prosperity of nations, and the preservation of living
matter where they may be.
conditions on our planet.
Today, we have more new companies and businesses
that are playing an ever-more extensive and decisive
role in the process of development of societies and
regions, and we number over 245,000 people (including
Members, Service Providers and Sub-Contractors).
That is why it is so important to affirm our culture
at times of intense growth, like the one we have been
experiencing. This culture guarantees the identity and
unity of our organization, making far-flung operations
7
MESSAGE FROM THE PRESIDENT AND CEO
MARCELO
Among the excellent results achieved, the most outstanding
highlights and indicators of the Odebrecht Group’s
performance in 2011 presented here include the diversity
and the socioeconomic impact of the projects in which we
were involved, progress on our commitments to sustainable
development, the innovative character of the businesses
in which we invested, the advances made in our social,
environmental and cultural programs, synergy between our
companies, and the confidence of our Shareholders, Clients,
Members, Investors and Society in general.
Alongside the major projects that are getting Brazil ready to
host the 2014 FIFA World Cup and the Rio 2016 Olympics,
we are participating in ventures that are essential to
reducing the housing deficit, supporting economic activity
and expanding basic industry in this country. In 2011 we
delivered 3,500 low-income homes, participated in 11
hydroelectric projects with a total capacity of 9,523 MW,
launched two self-elevating platforms (jack-up rigs) and
carried out construction projects for industrial units in the
steel, chemical and petrochemical industries, among many
other projects.
Attuned to the requirements of sustainable growth in
Brazil, we continually strive to innovate, developing
new technologies and markets and forming strategic
partnerships. Last year, we consolidated the activities of
the Odebrecht Defesa e Tecnologia (Defense & Technology)
to meet the demands of pre-salt oil exploration, and
finalized plans for the Estaleiro Enseada do Paraguaçu
shipyard, while Odebrecht Óleo e Gás (OOG) became the first
Brazilian company to provide subsea engineering services.
Our investments in green chemicals through Braskem, in
bioenergy through ETH Bioenergia – the Brazilian company
that invested most in that segment in 2011, having planted
over 100,000 hectares of sugarcane – and in wind and
hydroelectric power through Odebrecht Energia (Energy),
reflect our commitment to environmental preservation and
our alignment with society’s new values.
In all the countries where we operate, this attitude
toward sustainable development is the essence of our
relationship with local communities and cultures. In 13
other Latin American countries besides Brazil, we are
8
BAHIA
ODEBRECHT
using our expertise, technology and capability to structure
investments in sanitation (water and sewer), transportation,
housing, power generation and transmission, industrial
structures and agricultural hubs. We have established
ourselves as the leading construction company in Argentina,
and in Mexico we are responsible for the largest Brazilian
private-sector investment in that country, the construction
of Braskem’s industrial plant at the Ethylene XXI Complex,
under the responsibility of Odebrecht Engenharia Industrial
(Industrial Engineering). In Peru, we started building the
Chaglla Hydroelectric Plant, made possible by Odebrecht
Energia (Energy), its future operator, adding about 2,500
GWh/year to that nation’s power grid. In the US, we
are the leading producer of polypropylene, having also
acquired two plants in Germany. In Africa, we are playing
a leading role as partners in vital projects for development,
especially in Angola, where we have delivered over 800 km
of transmission lines and are involved in 29 ventures in
a wide range of sectors. In Mozambique, we are building
the infrastructure for mining coal, a commodity of great
importance to the local economy. We have 11,193 Members
active in Angola and 1,638 in Mozambique.
Taking part in major projects has always placed us at the
service of large swathes of humanity. In recent years, for
example, our operations of public services have multiplied
the number of people directly impacted by our operations
and made our relationship with them even closer, more vital
and ongoing. At the end of 2011, the health and well-being
of 8.3 million Brazilians and the transportation of thousands
of people and tons of cargo in Brazil, Colombia, Panama
and Peru benefited from the quality of the public services
our concession companies provided in the sanitation and
transport sectors.
In order to handle these responsibilities, we are now
made up of almost 160,000 Members in 27 countries:
about 111,000 Brazilians, 32,000 citizens of other Latin
American countries, 14,000 Africans and 1,700 Members
from Asia, the USA and Europe. On average, every month in
2011 we hired 3,000 new Members and, that year, we also
took onboard 1,500 young partners and 2,000 interns – a
growth rate that few business organizations in the world
could match.
ODEBRECHT 2012
“In 2011, we invested USD 5.86 billion
and undertook a commitment to invest
USD 25.5 billion in the next three years.”
Maintaining this accelerated and diversified growth requires
three basic conditions to which we pay special attention:
grooming and integrating people into the organization;
operational efficiency, which involves increasing innovation
and productivity; and confidence in our brand.
Educating knowledgeable people, honing their expertise
and integrating them into our teams is a challenge that
matches the dynamism of our businesses. The basis for
our Members’ growth and development is education for
and through work, particularly through the disciplined
application of planned delegation by Educational Leaders
who are committed to our Culture and the challenges that
are also opportunities for their team members to achieve
personal and professional fulfillment.
By combining the forces of the organization’s people
and companies to energize knowledge, create and seize
opportunities and optimize our performance, we are
carrying out our strategy for generating more and more
tangible and intangible results. Today, our Knowledge
Communities – groups of experts from different Odebrecht
businesses – we are putting the technical and market
knowledge that are essential to our operations at the
disposal of everyone in the Group. At the same time, our
companies are working together in a coordinated fashion to
capture synergies. One example is the recent joint venture
between PDVSA and Odebrecht Óleo e Gás (Oil & Gas) in
Venezuela to explore mature oil fields in that country,
formed with the support of Odebrecht Venezuela. In 2011,
8% of our earnings resulted from ventures generated
by synergies between our businesses, and 52% of our
investments were in initiatives involving two or more of
our companies.
In 2011, we invested USD 5.86 billion and undertook a
commitment to invest USD 25.5 billion in the next three
years. However, we also continued making disciplined
efforts to reduce costs, manage risks and prioritize
liquidity, so we ended the year with a consolidated cash
balance of USD 7.1 million.
Effectiveness, efficiency and financial health are vital to
winning the trust of Clients, Partners and Communities,
but they are not enough. It also takes a commitment to
sustainability in our operations, in all its aspects: economic,
social and environmental. The positive impact of our work
on the lives of the communities and nations where we are
present must be a decisive factor when selecting projects,
investments, products and services, and the adoption of
sustainable social/environmental practices in our day-today operations has become a non-negotiable requirement.
Based on this outlook, Odebrecht not only includes
professional education, environmental protection and social
inclusion programs in its operations but also invests in
projects that go even further to bolster civic spirit, foster
the education of children and youth, boost work and income
opportunities, preserve natural resources and promote
and value local cultures. In 2011, these social investments
totaled over USD 53 million for the benefit of 600,000
people in Brazil and 200,000 in other countries.
In view of the progress we have made in our commitment to
sustainable development, our Clients, Partners, Investors,
Members and Shareholders have shown their trust with new
contracts, increased acquisition of our products, more credit
under the best terms, more partners and new and bigger
investments.
Last year, international credit-rating agencies gave Braskem
and CNO an investment grade rating. Other unmistakable
signs of the market’s confidence were the USD 3.83 billion
our companies raised in 2011 (USD 1.07 billion in the
international capital market), and the total value of our bond
coverage (USD 9.28 billion at the end of 2011), but it is also
worth noting the message sent by the young Brazilians who
ranked Odebrecht among the top 10 organizations where
they would prefer to start their professional lives.
Their trust fuels our optimism – an indispensable attribute
for any entrepreneur – and this vote of confidence inspires
us to go even further, offering new and bigger development
opportunities to even more people. We are grateful to all our
Members, Clients, Shareholders and Partners for their trust;
on that basis, we will stay on the path of those whose main
commitment is service.
9
Indicators for 2011
Financial Indicators
31.8%
27.1%
GROSS REVENUE
2005 / 2011
2.5%
30.5%
30.5%
3.4%
Year
2005200620072008200920102011
Gross Revenue
(Millions of BRL)
23.43624.03131.38040.95442.35453.86071.009
Gross Revenue1
(Millions of USD)
10,01211,27817,71617,52424,32532,32537,855
2011
EBITDA
3,792
Net Profit 24
Total Assets
51,102
Odebrecht S.A. Shareholder’s Equity
9,589
Odebrecht S.A. Shareholder’s Equity (not including minority shareholders)
4,243
Millions of USD1
VALUE ADDED STATEMENT
Revenue
Millions of USD1
10
(+) Sales Revenue (Gross Revenue)
37,855
(+) Other Revenue
109
(-) Revenue from Construction of Own Assets
1,650
(-) Allowance for Loan Losses
1
(-) Payment of Third Parties (Inputs Purchased)
28,966
(=) Gross Value Added
10,649
(-) Depreciation and Amortization
1,298
(+) Value Added Transferred
1,208
(=) Value Added for Distribution
10,558
Compensation for Work (Members)
3,945
Governments (Taxes)
2,423
Return on Third-Party Equity 4,166
Return on Equity (Shareholders)
24
Value Added Distributed
10,558
ODEBRECHT 2012
COMPOSITION OF GROSS REVENUE
Per business Engineering & Construction2
Millions of USD1
11,835
Odebrecht
Realizações Imobiliárias
955
Odebrecht
Participações e Investimentos
670
ODEBRECHT S.A.
AND OTHER
ENGINEERING & CONSTRUCTION
31.26%
2.20%
ETH BIOENERGIA
2.39%
ODEBRECHT
REALIZAÇÕES
IMOBILIÁRIAS
2.52%
BRASKEM
Odebrecht TransPort
606
Odebrecht Óleo e Gás
340
Foz do Brasil487
56.07%
ODEBRECHT
PARTICIPAÇÕES E
INVESTIMENTOS
1.77%
Braskem21,226
ETH Bioenergia905
Odebrecht S.A. and Other
ODEBRECHT TRANSPORT
1.60%
ODEBRECHT ÓLEO E GÁS
832
0.90%
FOZ DO BRASIL
1.29%
Per geographic area Millions of USD1
Brazil22,889
Latin America and Caribbean
7,348
Africa1,327
North America, Europe
and Asia/Middle East
6,291
NORTH AMERICA, EUROPE
AND ASIA/MIDDLE EAST
16.62%
BRAZIL
60.47%
AFRICA
3.50%
LATIN AMERICA
& CARIBBEAN
19.41%
1
2
Conversion rate: 1 USD = BRL 1.8758 (at December 31, 2011).
Odebrecht Infraestrutura, Odebrecht Engenharia Industrial, Odebrecht América Latina e Angola, Odebrecht Venezuela, Odebrecht International and Odebrecht Energia.
11
Indicators for 2011
Exports
Odebrecht is one of Brazil’s leading service exporters of goods and services. Its long
track record, the quality of its relationships with the communities where it is active
and its financial engineering and project financing capacity for major ventures qualify
its companies to take part in major international projects.
Engineering & Construction*
(exports from Brazil; not including services provided
in other countries)
Generating foreign exchange for Brazil through
exports of goods and services: USD 1.28 billion
Work opportunities directly and indirectly created
in Brazil: 255,672
BRASKEM
Exports thermoplastic resins and basic
petrochemicals to over 60 countries:
USD 6.5 billion
Exports of thermoplastic resins
1.3 million tons
Exports of basic petrochemicals
609,000 tons
Items exported: 51,930
Destinations: Algeria, Angola, Argentina,
Bangladesh, Belgium, Bolivia, Burkina Faso,
Cameroon, Canada, Chile, China, Colombia, Congo,
Costa Rica, Dominican Republic, Ecuador, Egypt,
El Salvador, Ethiopia, Finland, France, Germany,
Ghana, Greece, Guatemala, Honduras, Hong Kong,
India, Indonesia, Israel, Italy, Ivory Coast, Kenya,
Liberia, Madagascar, Mexico, Morocco, Mozambique,
Netherlands, Nicaragua, Nigeria , Pakistan, Panama,
Paraguay, Peru, Philippines, Portugal, Senegal,
Singapore, South Africa, South Korea, Spain, Sweden,
Taiwan, Tanzania, Togo, Trinidad and Tobago,
Tunisia, Turkey, United Kingdom, United States,
Uruguay, Venezuela, Vietnam and Zimbabwe.
Brazilian expats working on Odebrecht projects
in other countries: 2,102
ETH BIOENERGIA
Expats from other countries: 751
Sugar: USD 82.8 million (151,030,000 tons)
Brazilian companies that supply goods and
services to other countries: 2,471
Companies Exporting Goods: 988
Medium and Small: 395
Large: 593
Service Export Companies: 1,483
Medium and Small: 1,335
Large: 148
Destinations: Uruguay, Asia and Middle East
12
* Odebrecht Engenharia Industrial, Odebrecht América Latina e Angola, Odebrecht Venezuela, Odebrecht International and Odebrecht Energia
ODEBRECHT 2012
Shipping an Odebrecht container in the Port of Rio: opening up markets and exporting the products of nearly 1,000 Brazilian companies for its projects outside Brazil
13
Madden-Colón Highway,
in Panama: this 40 km
four-lane toll road
reflects the booming
economy in the Colón
free trade zone
14
ODEBRECHT 2012
Indicators for 2011
Insurance & Bonds
Odebrecht companies have the support of a captive brokerage, Odebrecht
Administradora e Corretora de Seguros (Insurance & Bonds), which safeguards
their tangible and intangible assets by identifying, mitigating and
entrepreneuring risks, making lines of surety bonds and insurance coverage
available, and creating integrated solutions for projects and businesses.
Insurance Coverage
(at December 31, 2011)
Total: USD 82.31 billion
Engineering & Construction*: USD 48.72 billion
Braskem: USD 22.98 billion
ETH Bioenergia: USD 4.32 billion
Odebrecht Óleo e Gás: USD 6.29 billion
Bonds
Odebrecht Administradora e Corretora de
Seguros (Insurance & Bonds) maintains long-term
relationships with the global insurance market,
particularly in the area of surety bonds. It has
operated an international line of insurance and
bonds for 22 years, placing USD 38 billion in
surety bonds during that period.
Bond Coverage
(at December 31, 2011)
Total: USD 9.28 billion
Engineering & Construction*: USD 8.90 billion
Braskem: USD 296.94 million
ETH Bioenergia: USD 94.52 million
*Odebrecht Infraestrutura, Odebrecht Engenharia Industrial, Odebrecht América Latina e Angola, Odebrecht Venezuela, Odebrecht International, Odebrecht
Realizações Imobiliárias, Odebrecht TransPort, Foz do Brasil, Odebrecht Energia, Odebrecht Participações e Investimentos and Odebrecht Defesa e Tecnologia.
15
Indicators for 2011
11,677
4
,80
17
5
46
8,
ODEBRECHT 2
TRUTURA
INFRAES
T
CH
RE RIA 1
EB HA L
OD GEN TRIA
S
EN DU
IN
118,817
87,662
OD
ÓL EBRE
C
EO
E G HT
ÁS
M
KE
AS
BR
2009
2010
ET
H
4,398
2011
FOZ DO BRASIL
T
CH S
RE ÕE
EB Ç AS
O D L IZ A ÁR I
I
A
R E BI L
O
IM
3,1
72
58
4,9
11
,40
0
34
5,4
1,746
1,166
3,687
6,65
6
BIO
EN
ERG
IA
1,82
2
1,6
00
3
61
2,
2
57
4,
13
,95
5
6,962
81.42%
64
7,4
0
75
6,
4,907
GROWTH 2009-2011
.
1,032
72
7,9
ODEBRECHT
ATIONAL
INTERN
1,193
TOTAL NUMBER
OF MEMBERS
O D E BR EC H T S. A
3
AND OTHER
2,124
13
6,2
T
CH
RE LA
EB UE
OD NEZ
VE
7,47
3
0
25
7,
OD
AMÉ EBRE
CH
RIC
E A A LA T
NG TIN
OL
A A
159,036
ODE
B
ENE RECH
RG
T
IA
10
,32
3
16
27
,46
7
22,401
5
,14
29
16
,23
6
1
32
,45
5
30,0
29
32,994
People
Includes Odebrecht Defesa e Tecnologia and Estaleiro Enseada do Paraguaçu
2
Includes Odebrecht TransPort
3
Includes Odebrecht Administradora e Corretora de Seguros, Odebrecht Participações e Investimentos, Odebrecht Foundation, Odeprev and Engineering & Construction Support Teams
ODEBRECHT 2012
THIRD PARTIES
86,604
61,577
37,295
20114
2010
2009
Odebrecht Members
per Nationality
630 Americans
CHANGE IN
OVERALL TOTAL
THIRD PARTIES
(Members and Third Parties)
2011
2010
2009
245,640
180,394
124,957
2011 4
2010
THIRD PARTIES
20114
2010
INTERNS
2011
2010
2009
2009
2009
86,604
61,577
37,295
86,604(Subcontractors and outsourced
providers of services that
61,577
are not the businesses’ core
activities, are incorporated
37,295
and are not Group subsidiaries
or affiliates)
1,309
512
698
10,508 Angolans
3,731 Argentines
326 Bolivians
111,045 Brazilians
47 Chileans
2,941 Colombians
1,567 Cubans
3,408 Dominicans
10 Dutch
158 Ecuadoreans
42 Filipinos
12 French
108 Germans
YOUNG
PARTNERS
2011
2010
2009
INTERNS
1,196
953
531
2011
2010
2009
1,309
512
698
52 Indians
683 Liberians
381 Libyans
818 Mexicans
2,748 Mozambicans
33 Pakistanis
3,255 Panamanians
133 Paraguayans
YOUNG
PARTNERS
2011
2010
2009
EUROPE
ASIA/MIDDLE EAST
403
OTHER LATIN AMERICAN
COUNTRIES AND CARIBBEAN
31,842
1,196
953
NUMBER OF
531 MEMBERS PER
COUNTRY/REGION
447
USA
7,836 Peruvians
129 Portuguese
13 Spaniards
12 Uruguayans
8,155 Venezuelans
60 Other5
845
BRAZIL
110,431
AFRICA
15,068
As of 2011, the number of third parties also reflects all contractors
and subcontractors working in the joint ventures led by Odebrecht
subsidiaries. Until 2010, the number of third parties was proportional
to Odebrecht’s shares in consortia, joint ventures and companies, including
affiliates and subsidiaries. This proportionality test continues to apply
to consortia and companies in which Odebrecht participates without
management or controlling interest
4
5
Australians, Austrians, Azerbaijanis, Britons, Canadians, Cape Verdeans,
Chinese, Costa Ricans, Croatians, Danes, Egyptians, Greeks, Haitians, Iraqis,
Italians, Jordanians, Koreans, Lithuanians, Nicaraguans, Poles, Romanians,
Russians, Singaporeans, South Africans, Surinamese, Swiss and Ukrainians.
17
Indicators for 2011
PEOPLE DEVELOPMENT Programs
Technical-Operational Programs
Acreditar Program
All Odebrecht companies organize technical and
operational education programs.
In 2008, Odebrecht created the Acreditar
(“Believe”) Program to facilitate the priority hiring
of local workers in areas where skilled professionals
were in short supply. This collaboration with the
Brazilian Ministry
of Social Development allows men and women
to acquire job skills necessary to meet
the demands of the Group’s business operations,
while prioritizing candidates who participate in
Brazil’s Family Grant Program.
In 2011, the Group’s main programs reported a
total of 480,724 enrolments.
Strategic programs
Focused on improving the key skills of strategic
Members and broadening their multidisciplinary
expertise, these programs had 11,139 enrolments
in 2011.
18
ODEBRECHT 2012
Odebrecht Realizações
Imobiliárias Project
Director Juliana
Monteiro, and Hugo
César Florêncio, a
Odebrecht replicated Acreditar in the states
of Alagoas, Mato Grosso, Paraná, Pernambuco,
Piauí, Rio de Janeiro, São Paulo and Rondônia
in 2011, as well as in the Group’s projects
in Angola. Under the Spanish name of Creer,
the project has also been carried out in Colombia,
Cuba and Peru. In Liberia, it has been implemented
with the name of Aspire.
driving instructor in
Angola: expanded
professional education
includes young Members
and professionals
groomed by the
Acreditar program
»»42,693 applicants and 25,060 admissions
in Brazil.
»»21,125 applicants,11,311 admissions
and 5,041 graduates hired in Angola,
Colombia, Cuba and Peru.
»»130 workers graduated in Liberia.
The success of this program led to the creation
of Acreditar Junior, which focuses on Odebrecht
Members’ children between the ages of 14 and 17,
in the sixth grade and up.
»»845 youths graduated from Acreditar Junior
in Porto Velho, Brazil.
19
Juci Mari Sampaio de
Brito (foreground): a
supervisor responsible
for a team of 40 people
on the Santo Antônio
hydroelectric plant
project in Roraima,
Brazil
Paulo Americano,
Maykon Pereira, Carla
Adenes and Renata
Emendabili: young
Members working on the
reconstruction of Rio’s
Maracanã Stadium, which
will host the 2014 FIFA
World Cup final
indicators for 2011
Encouraging Productivity,
Creativity and the REUSE of Knowledge
Odebrecht Award for
Sustainable Development
Open to undergraduates, the award encourages
students to engage in a challenging exercise to
develop sustainable solutions in the realm of
Engineering. In 2011, the award was in its fourth
edition in Brazil, in its second edition in Angola,
Peru, the Dominican Republic and Venezuela, and
debuted in Panama. A total of 239 entries were
submitted. Winning entries earned cash prizes for
the students, their advising professors and their
universities, and the students had an opportunity
to intern at Odebrecht.
Highlight Awards
Odebrecht teams are encouraged to focus on opportunities to increase productivity and reuse of
knowledge acquired through their work experience.
This annual, in-house competition brings together
the best creative initiatives, bolstering the Group’s
culture of recording and disseminating knowledge.
This competition celebrated its 20th anniversary in
2011. Since its inception, it has created a collection
of 2,900 case studies.
22
2011 Highlight Awards
Entries submitted:
561, from 15 countries.
Participating companies:
Odebrecht Infraestrutura, Odebrecht Engenharia
Industrial, Odebrecht América Latina e Angola,
Odebrecht Venezuela, Odebrecht International,
Odebrecht Realizações Imobiliárias, Foz do Brasil,
Odebrecht Energia, Odebrecht Óleo e Gás and Braskem.
Participating countries:
Angola, Argentina, Brazil, Colombia, Cuba, Dominican
Republic, Liberia, Libya, Mexico, Mozambique, Panama, Peru, Portugal, United States and Venezuela.
Categories:
Added Value for Clients, Innovation, Young
Partner, Environment, Continuous Improvement,
Community Relations, Reuse of Knowledge, and
Health & Workplace Safety.
ODEBRECHT 2012
Mentored by Professor Helena Carasek Cascudo, Federal University at Goiás (UFG) students Lorena Rezende dos Santos and Patrícia Eliza Floriano de Carvalho won the 2011 Odebrecht
Sustainable Development Award. The president of UFG, Professor Edward Madureira Brasil, is also shown
Knowledge Communities
These communities within individual Odebrecht
companies seek to consolidate their knowledge
and experiences, and disseminate that information
throughout the Group. The program brings together
Members with similar interests who want to share
their learnings and innovations.
In 2011, the Knowledge Communities’ activities
involved representatives from all the countries
where the Odebrecht Group’s companies are active
– a total of 629 participants.
Publications:
»»Collection of Best Practices from
the Sustainability Community, 1st ed.
»»Collection of Best Practices from the
Rail Transportation Community (reprint)
»»Collection of Best Practices from the
Dams and Power Plants Community (reprint)
Communities:
Project Management, Dams and Power Plants,
Buildings, Real Estate Ventures, Subsea
Infrastructure, Roadways, Engineering Systems,
Procurement and Logistics, Sustainability, and
Rail Transportation.
23
Steelworkers who
work at dizzying
heights now have
a more comfortable
system that allows
them to sit down
and rest at regular
intervals
indicators for 2011
Preparing for Post-Career Life
Odeprev Odebrecht Previdência
An expression of the Odebrecht Group’s
commitment to its Members’ personal fulfillment,
the Odeprev Monthly Income Plan was created
in 1995 to give them a tool for maintaining their
standards of living after retirement. The Odeprev
Plan is flexible and caters to professionals with
different backgrounds and needs. Its assets are
made up of resources contributed by participants
and Odebrecht companies, and managed with full
accountability and a focus on balancing risks
and returns.
24
Main indicators for Odeprev in 2011
Participants’ contributions: USD 65.2 million
Subsidiaries’ contributions: USD 19.7 million
Number of participants: 13,822
Number of pensioners: 90
Total assets managed: USD 552.1 million
ODEBRECHT 2012
INDICAtors for 2011
Health and Workplace Safety
Prioritizing the protection of all forms of life, Odebrecht’s Health, Safety and Environment programs
are consolidated through a policy that outlines the guiding principles and procedures to be followed
in all the Group’s activities. They are based on a culture of risk prevention and management, including all the requirements established in environmental permits: treatment of wastewater and emissions and proper storage and disposal of hazardous products, as well as reducing and recycling waste
and restoring degraded areas.
All company Members, subcontractors and suppliers take part in environmental education and emergency preparedness programs.
Life and Health
Health and Workplace Safety Indicators
Odebrecht Administradora e Corretora de Seguros
(Insurance & Bonds) is responsible for managing
all of the life and health insurance policies for the
Odebrecht Group’s Members and offers programs
focused on improving people’s quality of life..
TFR (Total Frequency Rate)2 at the Group’s
Engineering & Construction service companies3
2007 2008
2009
2010
2011
19.5917.45 15.8613.7512.50
Members serviced by
Life and Health Programs1
Life Insurance: 155,249
LNAFR (Lost-Time and Non-Lost-Time Accident
Frequency Rate) at Braskem4
Health Insurance (Members, dependants and
extended family): 180,278
2007 2008
2009
2010
2011
4.9
4.6
2.02
1.2
6.1
LNAFR (Lost-Time and Non-Lost-Time Accident
Frequency Rate) at ETH5
2007 2008
2009
2010
2011
40
13
4
1.6
30
Policies in effect December 2011.
The TFR is the total frequency rate of accidents with and without lost time and requiring outpatient care per 1 million man-hours worked.
Odebrecht Infraestrutura, Odebrecht Engenharia Industrial, Odebrecht América Latina e Angola, Odebrecht Venezuela, Odebrecht International,
Odebrecht Realizações Imobiliárias, Foz do Brasil, Odebrecht Energia and Odebrecht Óleo e Gás.
4
The restated figures for 2007, 2008 and 2009 include rates for Quattor and Braskem America.
5
Calculation period corresponding to the crop year (April to March of the following year). In this case, it corresponds to the period between
April 2011 and March 2012.
1
2
3
25
INDICATORs FOR 2011
ENVIRONMENTAL
ENGINEERING & CONSTRUCTION*
Main figures for the Greenhouse Gas (GHG)
Emissions Inventory conducted in 2011
Main environmental monitoring
figures for 2011
»»The program involved 63 projects and
»»343,000 of the 680,000 tons of solid
11 offices in Brazil, and 75 projects and
11 offices in 13 other countries.
waste generated were recycled
(50% of the total).
»»Programs to improve GHG management
»»83% of projects had selective solid
were initiated at 40% of projects to reduce
the intensity of their emissions.
waste collection and recycling programs
in place.
»»81% of projects introduced environmental
education programs at the jobsites.
Environmental monitoring
In addition to guiding strategies and programs to
the minimize environmental risks and impacts of
Engineering & Construction projects, the monitoring and assessment system identifies opportunities
for making effective gains in environmental quality.
It includes information on environmental controls
already in place, the use and protection of natural
resources, and best practices at the jobsites.
26
Percent of Solid Waste Recycled
2009 2010
2011
50%
23% *Odebrecht Infraestrutura, Odebrecht Engenharia Industrial,Odebrecht America Latina e Angola,
Odebrecht Venezuela, Odebrecht International, Odebrecht Realizações Imobiliárias and Odebrecht Energia.
28% ODEBRECHT 2012
Braskem Unit in Triunfo:
16 labs and seven pilot
BRASKEM
plants at the Technology
and Innovation Unit,
and industrial units that
produce basic chemicals
and petrochemicals,
thermoplastic resins and
“green” polyethylene
In 2011, Braskem completed its GHG emissions
inventory, including more types of gas and all its
manufacturing plants and corporate headquarters,
and calculated the carbon footprint of its products
(measuring the amount of carbon emitted in manufacturing). The company was listed in Bovespa’s
ICO2 (Carbon Efficient Index) program.
Main environmental indicators
»»Reuse of 20% of all water consumed
»»Reduced wastage:
»»5% less wastewater generated.
»»9% less solid waste generated.
»»4% less energy consumed.
FOZ DO BRASIL
Environmental highlights
»»4% fewer GHG emissions, receiving
Gold certification from the GHG
Protocol.
»»Production of 195 million liters of drinking
water per day.
»»Treatment and reus e of 963 million liters
ETH BIOENERGIA
of industrial water per day.
»»Collection and treatment of 345 million
liters of domestic and industrial sewage daily.
»»Prevented the disposal of 110 tons of organic
matter per day in rivers, lakes and the ocean
simply by collecting and treating sewage.
»»Wastage reduction program for water
and sewer operations, obtaining Brazil’s
best water wastage index in Limeira: 15%,
compared with the national average
of 40%.
Main indicators for ETH
»»Water Intake for Industry
»»2010-2011 Harvest: 1.44 m3/ton
of sugarcane
»»2011-2012 Harvest: 1.16 m3/ton
of sugarcane
»»Removal, Treatment and Final Disposal
of Hazardous Waste (Class I): 680 tons
»»Disposal of wastewater in waterways: zero
27
BRASKEM
_Six chemical and petrochemical plants in Triunfo
ODEBRECHT ENERGIA
_Corredor do Senandes Complex (wind farms)
FOZ DO BRASIL
SÃO PAULO
RIO GRANDE DO SUL
Presence in Brazil
_Water and sewer services in Uruguaiana
_Verde Morumbi, Bella Vila Mariana and Park One
BRASKEM
_Eight chemical plants
(residential) and The One, Vila Olímpia Corporate,
ODEBRECHT ENGENHARIA INDUSTRIAL
Bonnaire, and Odebrecht Building (business)
_Ethanol pipeline for Logum
in the state capital
_Construction and installation of pumping plants
_My House My Life project in Jardim Bassoli,
to increase flow of OSVAT 30” for Petrobras
Campinas
ODEBRECHT INFRAESTRUTURA
_Guararema gas compression plant for Petrobras
ODEBRECHT TRANSPORT
_Dredging Port of Rio Grande
_Gasoline project to modernize REVAP-Paraíba
_Operation and maintenance of Line 4 of
Valley refinery for Petrobras
ODEBRECHT ENGENHARIA INDUSTRIAL
_Maintenance services for Braskem plants
in Triunfo
_Construction of Braskem’s Butadiene unit
in Triunfo
São Paulo Metro
ETH BIOENERGIA
_Embraport port terminal
_Alcídia and Conquista do Pontal Units
_Rota das Bandeiras (operating Dom Pedro Corridor)
FOZ DO BRASIL
ODEBRECHT ÓLEO E GÁS
_Operating Aquapolo Ambiental water
_Charter and operation of Cidade de Itajaí FPSO
treatment plant
ODEBRECHT DEFESA E TECNOLOGIA
_Mectron Factory
Mauá, Morumbi, Porto Ferreira, Rio Claro
FOZ DO BRASIL
and Santa Gertrudes
_Wastewater and industrial waste
ODEBRECHT INFRAESTRUTURA
treatment for Klabin
AMAZONAS
_Corinthians Arena
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
_Embraport multi-purpose port terminal in Santos
_My House My Life project
_Marine outfalls in Santos and Praia Grande
in Blumenau
_Line 5 of São Paulo Metro
_Capivari II Sanitation System, Lot 1
PARANÁ
SANTA CATARINA
_Water and sewer services in Limeira, Mairinque,
ODEBRECHT
ENGENHARIA INDUSTRIAL
_Line 4 and Pinheiros and Butantã Stations
FOZ DO BRASIL
_Wastewater
and waste
treatment
for Transpetro
of São Paulo Metro
_Retrofitting Presidente
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
Getúlio Vargas Oil Refinery
_The Garden (residential), The Blue (business)
(Repar) for Petrobras
and Legend complex in Santos
_Alpha Park (residential) and Alpha Square, Evolution
MATO GROSSO DO SUL
and iTower (business), in Barueri
ODEBRECHT ÓLEO E GÁS
_Two petrochemical production units
_Maintenance and installation of Petrobras
in Duque de Caxias
E&C ENERGIA
_Simplício Hydroelectric Plant
ODEBRECHT
ENGENHARIA INDUSTRIAL
_Construction of Costa
Rica ethanol plant
ETH BIOENERGIA
_Costa Rica Unit
oil rigs in Campos Basin
_Inspection and maintenance of Petrobras’s Cabiúnas
Terminal (TECAB)
ODEBRECHT ENGENHARIA INDUSTRIAL
_Operating Shell’s Fluminense FPSO
_Comperj pipe-rack for Petrobras
_Maintenance and installation of three Statoil
_Comperj Utilities Plant, for CDPU
rigs in Peregrino Field
FOZ DO BRASIL
_Charter and operation of ODN Delba III platform
_Sewer services – works and operations in West Zone
_Charter and operation of ODN Tay IV platform
of Rio de Janeiro
ODEBRECHT PARTICIPAÇÕES E INVESTIMENTOS
_Monitoring and treating industrial waste for TKCSA
_Stake in Porto Novo S.A. concession company
_Rio das Ostras water and sewer services
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
_Industrial waste treatment for Petrobras
_Emergency housing program in Angra dos Reis
_Bairro Novo Porto Velho –
ODEBRECHT INFRAESTRUTURA
_Seletto and Rio Corporate business ventures
low-income housing
_Santo Antônio Hydroelectric
Plant (Construction)
ODEBRECHT ENERGIA
_Santo Antônio Hydroelectric
Plant (Investment
and Operations)
_Complexo do Alemão cable-car system
RIO DE JANEIRO
E&C ENERGIA
RONDÔNIA
BRASKEM
and Dimension complex in Rio
_Submarine shipyard and naval base
_Murano residential project, Niterói
_Morro da Providência cable-car system
_My House My Life, in Parque Valdariosa, Queimados,
_Expansion of General Osório Station
for Rio Metro
_Porto Maravilha: revitalization of central Rio
de Janeiro’s docklands
_Refurbishing Maracanã Stadium
and urban development of Morro do Alemão
ODEBRECHT TRANSPORT
_Stake in Supervia commuter rail concession
ODEBRECHT DEFESA E TECNOLOGIA
_Construction of submarines for Brazilian Navy
CEARÁ
ETH BIOENERGIA
_Transnordestina Railway
_Alto Taquari Unit
ODEBRECHT
REALIZAÇÕES IMOBILIÁRIAS
_Bairro Novo Fortaleza - low-income
housing
E&C ENERGIA
ODEBRECHT INFRAESTRUTURA
_Belo Monte Hydroelectric Plant
_Transnordestina Railway
FOZ DO BRASIL
FOZ DO BRASIL
_Wastewater and waste treatment for Petrobras
_Wastewater and waste treatment for Transpetro
ALAGOAS
FOZ DO BRASIL
_Water and sewer operations in
_Industrial wastewater treatment
Curionópolis, Eldorado dos Carajás,
ODEBRECHT ENGENHARIA INDUSTRIAL
_Maintenance of Braskem's PVC and MVC units
BRASKEM
_Four manufacturing units
FOZ DO BRASIL
_Industrial wastewater and waste treatment for Petrobras
for Petrobras
_Wastewater and waste treatment
for Transpetro
for Transpetro
RIO GRANDE
DO NORTE
ODEBRECHT INFRAESTRUTURA
_Salobo Highway
MARANHÃO
_Expansion of Carajás Railway
ODEBRECHT
INFRAESTRUTURA
_Pier 4 of Ponta da
ODEBRECHT
INFRAESTRUTURA
FOZ DO BRASIL
_Industrial waste treatment for Petrobras
_Wastewater and waste treatment for Transpetro
_Sewage Treatment
Plant in Natal
FOZ DO BRASIL
_Wastewater and
waste treatment
Madeira Terminal
for Transpetro
_Expansion of Carajás
PERNAMBUCO
São Geraldo, Tucumã and Xinguara
_Wastewater and waste treatment
SERGIPE
_Teles Pires Hydroelectric Plant
ODEBRECHT INFRAESTRUTURA
PARAÍBA
PIAUÍ
_Dardanelos Hydroelectric Plant
PARÁ
MATO GROSSO
E&C ENERGIA
ODEBRECHT ENGENHARIA INDUSTRIAL
_Construction of hydrogen treatment and
atmospheric distillation units at Abreu e
Lima Oil Refinery (RNEST) for Petrobras
_Construction of PTA, POY and PET units
for Petroquímica Suape
ODEBRECHT INFRAESTRUTURA
Railway
_Pernambuco Arena
FOZ DO BRASIL
_Rota do Atlântico Expressway
_Wastewater and
_Suape Industrial and Port Complex
waste treatment
oil tanker pier
DISTRITO FEDERAL
for Transpetro
ODEBRECHT
PARTICIPAÇÕES E INVESTIMENTOS
_Stake in the concession company
running the Federal District’s
Administrative Center
ODEBRECHT REALIZAÇÕES
_Brisas do Lago residence hotel
_Jardins Mangueiral housing
project, through a public-private
partnership
_LED business complex in
Águas Claras
_Earthmoving for Abreu e Lima Refinery
_Transnordestina Railway
ODEBRECHT PARTICIPAÇÕES E INVESTIMENTOS
_Pernambuco Arena – Stake in concession
company running the facility
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
_Terraço Laguna and Vila dos Corais
residential complexes and Novo Mundo
Empresarial business complex at Reserva
do Paiva
ODEBRECHT TRANSPORT
_Rota dos Coqueiros (operates Reserva
do Paiva road system)
_Rota do Atlântico (operates Suape
Complex Expressway)
FOZ DO BRASIL
_Wastewater and waste treatment
E&C ENERGIA
_Water and sewer services
_Retrofitting LCB
in Cachoeiro de Itapemirim
Carvalho/Estreito
BRASKEM
and the Vitória
Hydro
_Eight manufacturing units
ODEBRECHT PARTICIPAÇÕES
E INVESTIMENTOS
FOZ DO BRASIL
ODEBRECHT ENGENHARIA INDUSTRIAL
_Fonte Nova Arena – Stake in concession
_Stake in
_Construction of platforms P59
Metropolitan Region
ODEBRECHT ÓLEO E GÁS
_GSNC Raso: installation
TOCANTINS
ESPÍRITO SANTO
for Transpetro
FOZ DO BRASIL
of rigid pipelines
E&C ENERGIA
_Retrofitting Furnas
Saneatins-
and P60 for Petrobras
Companhia de
FOZ DO BRASIL
Saneamento do
_Cetrel-Lumina Unit
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
Tocantins
_Operating Jaguaribe Marine Outfall
_Boulevard Side and Hangar multiuse
_Wastewater and waste treatment
for Transpetro
Hydroelectric Plant
companies
complexes in Salvador
_My House My Life, in Bosque das
Bromélias, Salvador
FOZ DO BRASIL
ODEBRECHT INFRAESTRUTURA
_Wastewater and waste treatment
_Construction of Fonte Nova Arena
_Launch of Tropicália residential project
_Construction of toll plazas on
ODEBRECHT TRANSPORT
at the Vallourec & Sumitomo plant
ETH BIOENERGIA
in Jeceaba
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
_Vila Grimm residential complex
ODEBRECHT
ENGENHARIA INDUSTRIAL
_Construction of Água
Emendada ethanol plant
BAHIA
Morro Vermelho units
_Power lines for the Light
for All Program
BA 093 highway
_Água Emendada and
ODEBRECHT INFRAESTRUTURA
GOIÁS
MINAS GERAIS
company that will run the facility
_Stake in Bahia Norte and CLN concession
_Bahia Norte (operates BA-093
_Construction of Jaguaribe Marine Outfall
road system) and CLN (operates
ODEBRECHT ÓLEO E GÁS
Estrada do Coco and Linha
_Maintenance of Itapuã rig for El Paso
_Maintenance and installation
of P-17 for Petrobras
Verde highways)
ESTALEIRO ENSEADA DO PARAGUAÇU (Shipyard)
_ Project development
ODEBRECHT:
A PARTNER in Brazil’s Development
The map shows the states where Odebrecht is building projects for two Federal initiatives
– the Growth Acceleration Program (PAC) and the My House My Life Program – as well as
for major international sports events that will be held in that country in the near future:
the 2014 FIFA World Cup and the Rio Olympics in 2016. The opposite page shows a list
of those projects.
PAC
BA / CE / MA / MG / MT / PA / PE /
PI / PR / RJ / RO / RS / SP / TO
RIO 2016 OLYMPICS
RJ
2014 FIFA WORLD CUP
BA / PE / SP / RJ
MY HOUSE MY LIFE PROGRAM
BA / CE / DF / RJ / RO / SC / SP
RIO 2016 OLYMPICS
2014 FIFA WORLD CUP
Odebrecht INFRAESTRITURA
(Infrastructure )
Rio de Janeiro
_Maracanã Stadium
Odebrecht Infraestrutura
(Infrastructure)
Bahia
_Urban development in the Maracanã area
Rio de Janeiro
_Fonte Nova Arena
_Morro da Providência cable-car
_Metro Line 4 – South Ipanema-Gávea
Pernambuco
_Expansion of Rio Metro’s General Osório _BRT Transoeste Corridor
_Pernambuco Arena
Station
_BRT Transolímpica Corridor
_Line 4 - West, Barra-Gávea, Rio de Janeiro _Olympic Park
São Paulo
_Corinthians Arena
Metro
GROWTH ACCELERATION PROGRAM
Odebrecht INFRAESTRUTURA
(Infrastructure)
Odebrecht ENGENHARIA INDUSTRIAL
(Industrial Engineering)
Odebrecht Realizações imobiliárias
(Real Estate Development - or)
Bahia
Bahia
Rio de Janeiro
_State Highway BA-093
_Construction of P59 and P60 oil rigs for _Urban development of Morro do Alemão
Ceará
Petrobras
_Transnordestina Railway
Paraná
Maranhão
_Retrofitting Petrobras’s Presidente Getúlio _Port of Itaqui
Vargas Refinery (Repar)
Pernambuco
Pernambuco
_Transnordestina Railway
_Construction of hydrogen treatment and Piauí
atmospheric distillation units Units for _Transnordestina Railway
Rio de Janeiro
_Roadways in Rio Janeiro
_Porto Saúde Gamboa
_Metropolitan Arch
_Rehabilitating channels in Campos
Rio Grande do Sul
_Taquarembó Dam
_Dredging Port of Rio Grande
_Trensurb
São Paulo
_Capivari II Sanitation Project
Petrobras’s Abreu e Lima Refinery (Rnest)
_Construction of PTA, POY and PET units for e&C energIA (ENERGY)
Mato Grosso
_Teles Pires Hydroelectric Plant
Minas Gerais
_Retrofitting Furnas Hydroelectric Plant
Pará
_Belo Monte Hydroelectric Plant
Petroquímica Suape
Rio de Janeiro
Rio de Janeiro
_Simplício Hydroelectric Plant
_Comperj pipe-rack for Petrobras
Rondônia
_Comperj Central Utilities plant for CDPU
_Santo Antônio Hydroelectric Plant São Paulo
Tocantins
_Construction and installation of pumping _Retrofitting LCB de Carvalho (Estreito) plants to increase flow of OSVAT 30”
Hydroelectric Plant
for Petrobras
_Guararema gas compression plant
for Petrobrass
_Gasoline project to retrofit Revap-Refinaria
do Vale do Paraíba for Petrobras
MY HOUSE MY LIFE PROGRAM
odebrecht realizações imobiliarias
(Real Estate Development - OR)
Ceará
Rondônia
_Bairro Novo Fortaleza
_Bairro Novo Porto Velho
Bahia
Brasília, DF
Santa Catarina
_Bairro Novo Camaçari
_Jardins Mangueiral
_Mathias and Moradas Nascentes condominiums
_Bosque das Bromélias
Rio de Janeiro
São Paulo
_Parque Valdariosa
_Jardim Bassoli
ODEBRECHT AMÉRICA LATINA E ANGOLA
UNITED STATES
ARGENTINA
Presence worldwide
_Paraná de las Palmas water treatment
plant in Tigre
ODEBRECHT ENGENHARIA INDUSTRIAL
_Expansion of Albanesi and Cammesa
gas pipelines
_Vale’s Rio Colorado potassium mine
BRASKEM
_MIA Mover Automated People Mover (APM) System
_Three industrial units in Texas
in Miami
_One industrial unit in Pennsylvania
_One industrial unit in West Virginia
_North Terminal Expansion at Miami International Airport
ODEBRECHT ENGENHARIA INDUSTRIAL
_Sam Houston Tollway Widening, Texas
_Pasadena Refinery (revamp), for Petrobras
_Pumping plant and flood containment works
in New Orleans
ODEBRECHT INTERNATIONAL
_La Plata Refinery for YPF
_Metrorail Extension in Miami
_FFCC Sarmiento Landfill
_Herbert Hoover Dike Rehabilitation
_(Seawall) Seawall strengthening program
at the Port of Miami
COLOMBIA
Project - on Lake Okeechobee, Florida
BRASKEM
_Business office
ODEBRECHT PARTICIPAÇÕES
E INVESTIMENTOS
_Stake in Ruta del Sol S.A. concession
company
ODEBRECHT AMÉRICA LATINA E ANGOLA
PANAMA
_Ruta del Sol highway, construction
ODEBRECHT AMÉRICA LATINA E ANGOLA
_Madden-Colón Highway
_Coastal Beltway - Stage 2
_Line 1 of Panama City Metro
_Dos Mares Hydroelectric Plant
_Historic Heritage Project revitalization works
_Urban renewal in Curundú
_Clean-up project for Panama Bay
ODEBRECHT PARTICIPAÇÕES E INVESTIMENTOS
CHILE
_Stake in Madden-Colón concession company
ODEBRECHT AMÉRICA LATINA
E ANGOLA
ECUADOR
_Michoacán Irrigated Farming Project
BRASKEM
_Carhuaz-San Luis Highway
tunnel
_Olmos Irrigation Project
_Manduriacu Hydroelectric Plant
_IIRSA North and IIRSA South Highways
_Retrofitting San Francisco
_Container terminal in Lima
Hydroelectric Plant
_Infrastructure of Conga mine for Yanacocha
_Braskem manufacturing plant for
and Odebrecht Engenharia Industrial
(Industrial Engineering) Odebrecht
MEXICO
Industrial Engineering)
ODEBRECHT
ENGENHARIA INDUSTRIAL
_Retrofitting and expansion of
General Lázaro Cárdenas Refinery
for Pemex
_“Electric Train” Metro in Lima
_Chaglla Hydroelectric Plant
ODEBRECHT AMÉRICA LATINA E ANGOLA
ODEBRECHT ENERGIA
_Hermanas Mirabal Aqueduct
_Chaglla Hydroelectric Plant (Investment
_Samana/Las Terrenas Aqueduct
and Operation)
_Del Coral Highway
ODEBRECHT PARTICIPAÇÕES E INVESTIMENTOS
_Miches and El Rio/Jarabacoa roadways
_Stake in IIRSA Norte S.A. concession company
_Duarte and North/South corridors
_Stake in Interoceânica Sur concession company
_Palomino Hydroelectric Plant
_Reconstruction of Jiguey Hydroelectric Plant
PERU
Odebrecht Latin America and Angola
DOMINICAN REPUBLIC
Ethylene XXI Project (being built by
_Braskem business office
ODEBRECHT AMÉRICA LATINA E ANGOLA
_Pucará Hydroelectric Plant access
ODEBRECHT AMÉRICA LATINA E ANGOLA
BRASKEM
_Stake in Trasvase Olmos concession company
_Stake in H2Olmos S.A. concession company
_Two petrochemical
production units
_Concession of Baixo Tejo highway
_Baixo Sabor Hydroelectric Plant
_Extension of Yellow Line of Lisbon Metro
to Santo Ovídio
_Poceirão-Caia stretch of high-speed railway
ODEBRECHT
INTERNATIONAL
_Water
pumping plant
_IC 17– Lisbon Beltway–Buraca-Pontinha
sub-section
ODEBRECHT
INTERNATIONAL
BRASKEM
_Braskem business office
SOUTH KOREA
BRASKEM
ODEBRECHT INTERNATIONAL
ODEBRECHT ÓLEO E GÁS
MOZAMBIQUE
LIBERIA
_Business office
SINGAPORE
Rotterdam
GERMANY
of Port of Mariel
office in
ODEBRECHT S.A.
PORTUGAL
revitalization
_Business
UNITED
ARAB EMIRATES
_Expansion and
BRASKEM
AUSTRIA
NSP FPSO
ODEBRECHT
AMÉRICA LATINA
E ANGOLA
NETHERLANDS
CUBA
_Operation of
ODEBRECHT INTERNATIONAL
_Construction of two pipe lay
support vessels (PLSVs) for
Daewoo Shipbuilding &
Marine Engineering
_Nacala International Airport
_Infrastructure for
Moatize-Tete coal mine
_Restoring
railway for
ArcellorMittal
Braskem exports
ETH exports
ODEBRECHT AMÉRICA LATINA E ANGOLA
_Catumbela International Airport
_Águas de Benguela Project (PAB): refurbishing and
ODEBRECHT ENGENHARIA INDUSTRIAL
expanding water treatment and distribution system
_Four ethanol plants for PDVSA Agrícola
_Cambambe Hydroelectric Plant
_Works to regulate flow of Cavaco Catumbela and Coporolo rivers
_Gas production plant in Anaco for PDVSA
_Gove Hydroelectric Plant
_Águas de Luanda: restoring and expanding water treatment and
_Building Cátia La Mar project for PDVSA – storage
_Belas Business I, II and III complex
tanks and residential units
_Industrial park for Companhia de Bioenergia de
_Expansion of Puerto La Cruz Refinery for PDVSA
Angola-Biocom
ODEBRECHT VENEZUELA
_Noblesse Residence, Arte Yectu, Atlântico Sul, Morada dos
_El Chorrito Apartments
Reis, Riviera Atlântico, Mansões do Vale, Monte Belo
_Third Orinoco River Bridge and Nigale bridge
and São Paulo de Loanda residential projects.
_Construction of Line 5 of Los Teques Metro
_Work and Development Education Center (FTD) (SIAC,
system and Guarenas - Guatire section of
Cinfotec, Hospitality and Restoration)
Caracas Metro, Mariche Metrocable and
_Infrastructure facilities in Jamba
Bolivarian Cable-Car System
_Power lines from Capanda to Uíge
_Maracaibo Plain Comprehensive Agrarian
Socialist Project
_Operating José Inácio de Abreu e Lima
Comprehensive Agrarian Socialist Project
_Tocoma Hydroelectric Plant
ANGOLA
VENEZUELA
UNITED KINGDOM
ODEBRECHT
ÓLEO E GÁS
distribution system
_Revitalizing roads in Luanda
_Caála-Ganda, Caála-Cuima, Cuima-Gove, Ekunha-Cusse,
Benguela-Baia Farta and Benguela-Dombe Grande, CapandaCacuso, Capanda-Alto Dondo, and Benguela-Catengue highways
_Sanitation in Luanda (phase 6)
_Technical assistance for Capanda Industrial Complex
_Luanda-Kifangondo and Luanda-Viana Expressways and Luanda
Beltway and Lar do Patriota Highway, part of Structuring
Routes project
_Marginal Sudoeste Highway
_Infrastructure facilities for factories in Special Economic Zone (ZEE)
_Revitalization of Mártires do Kifangondo district
_Construction and operation of Nosso Super supermarkets
_Housing and infrastructure for Population
_Samba Highway and sanitation infrastructure
Resettlement Program
_Infrastructure facilities in Benguela, part of PAB Project.
_Construction and operation of Pungo Andongo Farm
_Belas Shopping mall
BUSINESSES OF
THE ODEBRECHT GROUP
STR U C T U R E
O U T L I N E D
I N
M AY
2 0 1 2
ENGINEERING & CONSTRUCTION
_Odebrecht Infraestrutura (Infrastructure)
_Odebrecht Engenharia Industrial (Industrial Engineering)
_Odebrecht América Latina e Angola (Latin America & Angola)
_Odebrecht Venezuela
_Odebrecht International
_Odebrecht Realizações Imobiliárias (Real Estate Developments)
INVESTMENTS IN INFRASTRUCTURE & ENERGY
_Odebrecht TransPort (Transportation & Logistics)
_Foz do Brasil (Environmental Engineering)
_Odebrecht Energia (Energy)
_Odebrecht Óleo e Gás (Oil & Gas)
_Odebrecht Participações e Investimentos (Holdings & Investments)
INDUSTRY
_Braskem (Chemicals & Petrochemicals)
_ETH Bioenergia (Bioenergy)
_Estaleiro Enseada do Paraguaçu (Shipyard)
_Odebrecht Defesa e Tecnologia (Defense & Technology)
Infrastructure
Stretch of the
Transnordestina
Railway: 1,121 km
of tracks linking
the states of Piauí
and Pernambuco
are energizing the
economy of
Northeast Brazil
Benedicto Júnior
Entrepreneurial Leader (CEO) of Odebrecht Infraestrutura
ODEBRECHT INFRAESTRUTURA
Infrastructure
Odebrecht Infraestrutura provides engineering and construction services for infrastructure
projects in Brazil, covering a wide range of sectors: transportation & logistics, mining,
sanitation (water and sewer), irrigation, and public and private urban facilities and sports
arenas. To implement projects with a strong social and economic impact, it structures
projects through Public-Private Partnerships (PPPs) and alliance contracts.
FINANCIAL INDICATORS IN 2011
Gross Revenue (in millions)
USD 2,284
EBITDA (in millions)
USD 279
Highlights IN 2011
Odebrecht Infraestrutura is building three stadiums
for the 2014 FIFA World Cup in the states of Bahia,
Pernambuco and São Paulo, and is refurbishing
Maracanã Stadium in Rio de Janeiro. At their peak,
these four projects will directly create about 8,000
work opportunities. In the transportation segment
, the company is a stakeholder in railways, road
and maritime projects.
»»Work progressed at the shipyard, the
naval base and the manufacturing plant
for structures for the Brazilian Navy’s
Submarine Development Program (Prosub)
in Itaguaí (RJ).
»»Construction of the Embraport Terminal
in the Port of Santos (SP).
»»Began building the superstructure of
the Transnordestina Railway, setting up
jobsites in the states of Pernambuco, Piauí
and Ceará, where nearly 10,000 people are
currently working.
38
»»Awarded contracts for the expansion of Pier
4 of the Ponta da Madeira Terminal in São
Luiz (MA), the Rota do Atlântico Expressway
(PE), installing the cable-car system in
Morro da Providência, Rio de Janeiro (RJ)
and the Expansion of General Osório metro
station, also in Rio de Janeiro.
Challenges underway – commitments
for the 2014 FIFA World Cup
»»Construction of the Pernambuco Arena
(Recife, PE) and Corinthians Stadium
(São Paulo, SP), refurbishing Maracanã
Stadium (Rio de Janeiro, RJ) and rebuilding
Fonte Nova Stadium (Salvador, BA).
Challenges underway – commitments
for the Rio 2016 Olympics
»»Construction of Line 4 of the Metro,
the Porto Maravilha project to revitalize the
docklands; and the Transoeste BRT – Bus
Rapid Transit corridor, in Rio de Janeiro (RJ).
ODEBRECHT 2012
In Morro do Alemão, Rio de Janeiro, the cable-car system built by Odebrecht Infraestrutura carries roughly 11,000 passengers per day
Awards and Recognition
»»Ministry of Cities’ Brazilian Habitat Quality
and Productivity Program Award (PBQP-H)
in the Sanitation category for the Clean
Water Project in Vitória (ES).
»»Brazil’s Most Admired Company in the
construction industry, from Carta Capital
magazine.
»»DCI Award – Most Admired Company in
the construction industry, from the Diário
Comércio Indústria e Serviços newspaper.
»»Best Contractor in the Rail Sector, according
to Revista Ferroviária.
»»Aberje Award for best PR work in the
community outreach campaign conducted
for the implosion of the Fonte Nova Arena.
»»Second place in the Innovative Project of
the Year category for the Aquapolo project
in a competition held by MundoPM – Project
Management magazine.
»»Leading Company among the top 500
in the construction industry, according to
O Empreiteiro magazine.
39
Industrial Engineering
Building the PTA,
POY and PET units
for Petroquímica
Suape (PE): organizing
the most important
consolidated polyester
production hub in
Latin America
Márcio Faria
Entrepreneurial Leader (CEO) of Odebrecht Engenharia Industrial
ODEBRECHT
ENGENHARIA INDUSTRIAL
Industrial Engineering
Odebrecht Engenharia Industrial provides integrated services, including engineering,
procurement, construction, electromechanical assembly, pre-operation, maintenance
and management of major industrial projects in several basic sectors, such as oil & gas,
chemicals & petrochemicals, mining, steel, pulp & paper, thermal power, fertilizers and
bioenergy in Brazil and other countries.
Financial Indicators 2011
Gross Revenue (in millions)
USD 1,696
EBITDA (in millions)
USD 348
»»Ground broken Ethylene XXI Project, a unit
that will produce 1.05 million tons of highdensity polyethylene per year in Mexico.
»»Awarded contract from Vale to build the Rio
Colorado potassium mine in Argentina.
»»Construction of CSN’s Long Steel Unit
in Rio de Janeiro.
Highlights in 2011
Keeping pace with the growth of industry, the company is building some of the most important projects in its segment, particularly the oil & gas and
petrochemical sectors, in Brazil and other countries.
»»Began maintenance work at the Petrobras
refinery in Pasadena, Texas (USA).
»»Load-out and launch of jack-up platforms
P-59 and P-60 using breakthrough
technology.
»»In Argentina, retrofitting YPF’s La Plata
Refinery and continuation of gas pipeline
expansion program.
»»Deployment in Bahia of Estaleiro Enseada
do Paraguaçu to build platforms, ships and
offshore drilling units.
»»In Rio de Janeiro, awarded contracts to build
Comperj’s Utilities Plant and pipe rack.
42
»»Awarded contract to build four sugar
and ethanol plants for PDVSA in Venezuela.
»»Completed construction of two sugar and
ethanol plants for ETH Bioenergia in Brazil.
»»Completed retrofitting and expansion
of General Lázaro Cárdenas Refinery for
Pemex in Mexico.
Awards and Recognition
»»Voted the top construction company in
Argentina for the third consecutive year.
»»Great Place to Work Award: for the second
consecutive year, voted one of the 10 best
places to work in Argentina.
ODEBRECHT 2012
Launching platform P-59: the first time a jack-up rig was launched from another floating vessel
43
LATIN AMERICA & ANGOLA
Drilling a tunnel
during construction
of the Chaglla
hydroelectric plant in
Peru, a project that
will add 406 MW
to the nation’s
energy capacity
Luiz Mameri
Entrepreneurial Leader (CEO) of Odebrecht América Latina e Angola
ODEBRECHT
AMÉRICA LATINA E ANGOLA
Latin America & Angola
Odebrecht América Latina e Angola builds infrastructure projects for the development
of Latin America, the Caribbean and Angola, where it also invests in infrastrcture
projects, as well as in the diamond, sugar/ethanol, real estate, agribusiness and retail
sectors in partnership with companies from Angola and other countries.
FINANCIAL INDICATORS IN 2011
»»Conclusion of Lar do Patriota highway.
Gross Revenue (in millions)
USD 3,874
»»Began construction of the Belas Business
EBITDA (in millions)
USD 473
IV business complex.
In Argentina
»»Resumption of the Paraná de Las Palmas
water treatment plant project.
Highlights IN 2011
The company completed 14 projects, won 17 new
contracts and now has a backlog of 49 projects.
Its investment of over USD 6.9 million in grooming
people by introducing the Acreditar professional
education program, as well as conducting health
campaigns, has resulted in 66 million man-hours
worked without a single serious accident. These
achievements reflect Odebrecht’s commitment to
the countries where it is present.
In Angola
»»Completion of the Belas Business III
business complex and the Noblesse and
Monte Belo residential projects.
»»Completion of the Benguela Dombe-Grande
and Caala-Cuima highways.
»»Installation of power lines between Capanda
and Uíge (220 kV)
»»Construction of housing and infrastructure
facilities for the Population Resettlement
Program.
»»Conclusion of stage 6 of the sanitation
program in Luanda.
46
»»Began Soterramiento Sarmiento project
to transform an above-ground urban
railway into a subway linking Buenos Aires
to the village of Moreno.
In Colombia
»»Began second phase of the Ruta del Sol
highway, a 528-km route that Odebrecht
will operate for 15 years.
»»Completion of an 8-km emergency tunnel
for the Canoas Project (wastewater
treatment plant in Bogotá).
In Cuba
»»Began working on all fronts to expand the
Port of Mariel, the largest contracted project
in that country.
In Ecuador
»»Completion of supplementary works to
refurbish and retrofit the San Francisco
Hydroelectric Plant.
»»Awarded contract for the Manduriacu
Hydroelectric Plant project.
ODEBRECHT 2012
In Mexico
»»Earthmoving for construction of Braskem’s
EXXI industrial plant in the XXI Ethylene
Complex.
»»Best Participation Award, for the Angola
Real Estate Salon.
»»Mussende School Social Project – hailed by
the Ministry of Education as the school with
the best literacy rate in 2011.
»»Completion of the Michoacán irrigated
farming project.
In Panamá
Argentina
»»Acknowledgment from the Plan Techos NGO
for participating in the Building Homes
Program for the most vulnerable population
in Dique Luján, in the Tigre district.
»»Broke ground for the first line of the
Panama Metro.
»»Awarded contract for the Historic Heritage
Project – infrastructure works to revitalize
Panama’s historic circuit.
Mexico
»»Awarded the title of “Socially Responsible
Company” by the Mexican Philanthropy
Center for the fifth consecutive year.
»»Completion of phase two of the Coastal
Beltway.
»»Awarded contract for phase three of the
»»One of the 100 best places to work in
Mexico according to the Great Place to Work
Institute,
for the fourth consecutive year.
Coastal Beltway.
»»Completion of the Dos Mares Hydroelectric
Plant project.
In Peru
»»Completion of section 1 of Lima’s “Electric
Panama
»»One of the 100 best places to work in Central
America and the Caribbean, according to the
Great Place to Work Institute.
Train,” a 21.5-km metro with 16 stations.
»»Awarded contract for the Muelle de
Minerales Project, a loading terminal for
mineral concentrate.
»»Completion of drilling for the Trans-Andean
Tunnel – Travase Olmos water supply project.
»»Broke ground for the Chaglla Hydroelectric
Plant.
»»Completed the 649-km Southern
InterOceanic Corridor linking Peru and
Brazil.
In the Dominican Republic
»»Completed El Rio/Jarabacoa and
Casabito highways and the Samana/Las
Terrenas aqueduct.
»»Broke ground for the Bávaro (Miches)
highway and North-South Corridor projects.
»»Began refurbishing and retrofitting the
Jiguey Hydroelectric Plant.
Awards and Recognition
Angola
»»Best Market Award, from Feira Projekta
Peru
»»Global Road Achievement International
Award for management of the Northern
InterOceanic Highway from the
International Road Federation (IRF).
»»Title of Proyecto Emblemático de la
Ingeniería Peruana bestowed on the
Electric Train metro as an iconic project
for Peruvian engineering by the Colegio
de Ingenieros del Perú.
»»Expresión de Oro 2010 Award – Best
Contractor of the Year, for the Trasvase
Olmos project, bestowed by Semanario
Expresión.
»»Tunnels &Tunnelling International Awards
2011 (Germany), for plans to drill through
rock under a large mountain.
Dominican Republic
»»One of the 10 best places to work in
Central America and the Caribbean in the
Companies with Over 1,000 Employees
and Best Companies to Work For in the
Dominican Republic, by the Great Place to
Work Institute.
Constrói Angola.
47
Odebrecht is Angola’s
partner for development
in several sectors. On the
opposite page: a Biocom
unit that produces bioenergy
in that country, where
Odebrecht has built over
800 km of transmission
lines and real estate
projects like the Noblesse
condominium, and is also
active in mining operations.
This page: an outlet of the
NossoSuper supermarket
chain, revitalized roads in the
nation’s capital, Luanda,
and the Belas Business
Center, concluded in 2011
venezuela
Building the Third
Orinoco River Bridge
between the cities
of Caicara del Orinoco
and Cabruta: this
project will open up
a new trade route
for Mercosur and the
Andean Community
Euzenando Azevedo
Entrepreneurial Leader (CEO) of Odebrecht Venezuela
ODEBRECHT VENEZUELA
Active since 1992, Odebrecht Venezuela provides engineering and construction
services and invests in infrastructure and public and private projects in the real estate,
industrial, oil & gas, petrochemical and food security sectors. In 2012, the company
will begin exploring mature oil fields in the northwest of the country in partnership with
the state-owned oil company Petróleos de Venezuela S.A. (PDVSA).
FINANCIAL INDICATORS IN 2011
Gross Revenue (in millions)
USD 1,818
EBITDA (in millions)
USD 293
»»Contracted to build the El Chorrito real
estate project.
»»861 straight days without a single losttime accident on the Third Orinoco Bridge
construction project, where 1,970 people
are at work.
»»Completion of 77% of construction of the
Highlights in 2011
Odebrecht Venezuela demonstrates its
commitment to that country through the working
conditions and development opportunities it
offers to local Members, who are steadily taking
on leadership positions, and initiatives like the
digital inclusion program introduced at the
Tocoma Hydroelectric Plant project. In 2011, the
Venezuelan government approved the formation of
a joint venture between PDVS and Odebrecht.
»»Expansion of contracts for two agricultural
projects: the José Inácio de Abreu e Lima
Comprehensive Socialist Project and the
Maracaibo Plain Socialist Project.
»»Expansion of contracts for the Caracas and
Los Teques metros.
52
Tocoma Hydroelectric Plant, with the goal
of generating energy in 2012.
»»Construction of 12 km of tunnels for the
Caracas Metro.
»»Carrying on with other projects in the
transportation sector.
Awards and Recognition
»»2011 Annual Construction Prize, from the
Venezuelan Chamber of Commerce for the
San Agustin Del Sur Metrocable project.
ODEBRECHT 2012
The José Inácio de Abreu e Lima Comprehensive Agrarian Socialist Project: developing soy farming in the village of El Tigre in the Venezuelan state of Anzoátegui
53
NORTH AMERICA, AFRICA, ASIA/
MIDDLE EAST AND EUROPE
Operations in
the Moatize coal
mine, built for Vale
in Mozambique:
producing 11 million
metric tons per year
by 2014
Luiz Rocha
Entrepreneurial Leader (CEO) of Odebrecht International
ODEBRECHT INTERNATIONAL
North America, Africa, Asia/Middle East and Europe
Odebrecht International builds transport, sanitation (water and sewer), energy
and mining infrastructure facilities in North America, Europe, the Middle East and
Africa. Operating through its own units as well as subsidiaries and joint ventures,
it seeks to become an integral part of its local communities and understand their
specific needs. Networking among its bases in 12 countries around the globe
permits speedy transfer of technologies to overcome a vast gamut of challenges.
FINANCIAL INDICATORS IN 2011
Gross Revenue (in millions)
USD 618
EBITDA (in millions)
USD 2
»»Awarded contract for first port project in
the US: the Wharves Strengthening Program
for supertankers docking in the Port of Miami.
»»Awarded a contract from the US Army Corps
of Engineers to refurbish the Herbert Hoover
Dike on Lake Okeechobee, Florida.
»»Construction of pumping plant and flood
Highlights in 2011
The company made consistent advances in the
US market, where it won three major new contracts. It also resumed operations in the United
Arab Emirates and Liberia.
In the United Arab Emirates
»»Awarded a contract to build a water
pumping plant for the Strategic Tunnel
Enhancement Programme (STEP) to expand
the water and sewer system in Abu Dhabi.
In the United States
»»Completed the MIA Automated People Mover
(APM) System.
»»Awarded first contract in the state of Texas,
for the Sam Houston Tollway Widening
project.
56
containment works in New Orleans.
»»Extension of Miami International Airport’s
Metrorail.
»»Expansion of the North Terminal at Miami
International Airport.
In Libya
»»Successful and safe demobilization
of 3,500 expats working on projects in
Libya during the major socio-political crisis
that country experienced. The company is
waiting for resuming work.
In Liberia
»»Continued work on restoring the railway
that will transport iron ore for ArcellorMittal.
ODEBRECHT 2012
Mia Mover System train operating in Miami (USA)
In Mozambique
»»Awarded contract to build Nacala
International Airport.
»»Construction of infrastructure facilities
for Vale’s coal mine in Moatize.
»»Construction of coal terminal – Wharf 8 –
in the Port of Beira.
In Portugal
»»Construction of Baixo Sabor Hydroelectric
Plant.
»»Concession for Baixo Tejo Highway.
Awards and Recognition
»»Voted one of the best places to work
in Florida (USA) for the third consecutive
year, according to a Florida Trend
magazine survey.
»»Voluntary Protection Program (VPP) Star,
the highest recognition in the USA in
the field of workplace safety, awarded
by the Occupational Safety and Health
Administration (OSHA) for the MIA Mover,
the first construction project in Florida
to receive it.
»»Construction of Poceirão-Caia section
of the high-speed railway.
»»Completion of IC 17 – CRIL – Lisbon
Beltway–Buraca-Pontinha sub-section.
»»Completion of Yellow Line extension to
Santo Ovídio Station on the Porto Metro.
57
REAL ESTATE DEVELOPMENTS
A building and
recreation area in the
Vila Grimm housing
project in Nova Lima,
Minas Gerais, and the
Bonnaire business
complex in São Paulo:
OR expanded its
operations in Brazil
in 2011
Paul Altit
Entrepreneurial Leader (CEO) of Odebrecht Realizações Imobiliárias
ODEBRECHT REALIZAÇÕES IMOBILIÁRIAS
Real Estate Developments
With the permanent challenge of being a benchmark for innovation, technology,
creativity and efficiency in the service of the Client’s satisfaction, Odebrecht
Realizações Imobiliárias (OR) develops corporate, residential, commercial and tourism
ventures. Each of its projects is carried out by leaders and teams with a focus on
selectivity, distinction and sustainability. OR is also active in the low-income housing
sector through its Bairro Novo (New Neighborhood) brand, which is dedicated to
building planned districts and participating in the Federal Government’s My House My
Life Program. OR is a founding member of the US Green Building Council of Brazil, an
NGO that supports the development of the sustainable construction industry.
FINANCIAL INDICATORS IN 2011
Gross Revenue (in millions)
USD 955
EBITDA (in millions)
USD 126
Highlights in 2011
Highlights of the company’s operations included its participation in the Olympic Village
project for the 2016 Olympics, and delivery of
3,500 Bairro Novo residential units for the My
House My Life program. The OR brand continued its strategy of standing out by investing
in environmentally sustainable technology
for high-end corporate ventures. Sales from
launches in 2011 exceeded forecast figures
throughout the company, and construction was
done with top quality, on schedule and within
budget thanks to upstream engineering for
each project.
60
Launches
»»In Bahia: Tropicália residential project.
»»In Brasília: LED commercial complex
and new Jardins Mangueiral gated
communities through a public-private
partnership.
»»In Pernambuco: Terraço Laguna
residential project and Novo Mundo
Empresarial multi-purpose commercial
building in Reserva do Paiva.
»»In Rio de Janeiro: Seletto commercial
and business complex and the Rio
Corporate venture.
»»In Rondônia: new Bairro Novo Porto Velho
gated communities.
»»In São Paulo: Bella Vila Mariana, Park One
and Verde Morumbi apartment complexes
in São Paulo, and the Legend complex
in Santos.
ODEBRECHT 2012
Bairro Novo: a public-private partnership is building housing for families like Michele Giovani Sarnaglia and José Otávio Maciel’s,
in Jardins Mangueiral, Brasília, DF
Projects Delivered
»»In São Paulo: Alpha Square multi-purpose
complex and iTower office building in
Barueri; Empresarial Bonnaire, in São Paulo
City; and 440 units in Jardim Bassoli for the
My House My Life Program, in Campinas.
»»In Rio de Janeiro: 656 units in Complexo do
Alemão, for the Urban Development of Favelas
Program; 800 units for the Emergency Works
Program in Angra dos Reis; 1,500 units in
Parque Valdariosa, Queimados, for the My
House My Life Program.
»»In Santa Catarina: 1,120 units in Blumenau
»»In Pernambuco: Vila dos Corais residential
complex.
»»In Rio de Janeiro: Dimension Office & Park
commercial and business venture and
Murano residential project.
»»In Rondônia: Bairro Novo Porto Velho.
»»In São Paulo: The Garden and Alpha Park
apartment buildings, Evolution, The One,
Odebrecht Building and Vila Olímpia
Corporate office buildings in the state
capital and Barueri; The Blue and The Garden
ventures in Santos, and My House My Life
project in Jardim Bassoli, Campinas.
for the My House My Life Program
»»In Brasília: Jardins Mangueiral Public-Private
Partnership Gated Communities.
»»In Rondônia: 648 units for Bairro Novo
Porto Velho.
»»In Minas Gerais: stage one of the Vila Grimm
gated community in Vale dos Cristais.
»»In Bahia: 680 units in Bosque das Bromélias
for the My House My Life Program.
Awards AND RECOGNITION
»»One of the most prestigious companies
in Brazil according to the Época Negócios
Business magazine, for the second
consecutive year.
»»Americas Property Awards (Bloomberg),
for The One.
»»International Property Awards (Bloomberg),
for the Hangar venture.
Main projects underway
»»In Bahia: Hangar corporate venture, Boulevard
Side multipurpose complex and My House My
Life project in Bosque das Bromélias.
»»In Brasília: Brisas do Lago hotel residence and
»»Ademi-BA, for the Hangar and Mundo
Plaza ventures.
»»Ademi-RJ – Best Company of the Year.
»»Ademi-RJ, for Bairro Novo Parque
Valdariosa.
Jardins Mangueiral public-private partnership.
»»In Minas Gerais: phase two of Vila Grimm
residential complex.
61
Paulo Cesena
Executive Director of Odebrecht Transport
Chairman of the Board: Benedicto Junior
ODEBRECHT TRANSPORT
Transportation & Logistics
To clear bottlenecks that obstruct the flow of goods and the mobility of people
in Brazil, Odebrecht TransPort structures financial operations involving public
partnerships and synergies with private-sector companies, while leveraging
investments and developing and operating infrastructure services in the areas
of urban mobility, commuter transportation and logistics.
FINANCIAL INDICATORS in 2011
Gross Revenue (in millions)
USD 606
EBITDA (in millions)
USD 115
AFFILIATES
Urban mobility
»»SuperVia Trens Urbanos: commuter rail
system that services 12 counties in Rio
de Janeiro State, carrying an average of
540,000 passengers daily.
»»ViaQuatro: operation and maintenance
of Line 4 – the Yellow Line of the São Paulo
Metro, the state’s first Public-Private
Partnership in that sector.
Commuter transportation
»»Rota das Bandeiras: operates the Dom
Pedro Corridor in São Paulo State, covering
Campinas, Paraíba Valley and Jundiaí.
»»Rota dos Coqueiros: operates the Reserva
do Paiva road system in Cabo de Santo
Agostinho, Pernambuco.
62
»»Bahia Norte: operates the BA-093 system,
made up of six highways.
»»Rota do Atlântico: concession company that
will operate 45 km of the Suape Road and
Logistics Complex/Expressway, an access
route to the industrial complex in the Suape
region of Pernambuco.
»»CLN: operates 217 km on the Estrada
do Coco and Linha Verde routes on state
highway BA-099.
Integrated logistics systems
»»Embraport: scheduled to begin operations
in 2013, it will be Brazil’s largest multipurpose port terminal.
»»Logum: the company responsible for
building an integrated ethanol logistics
system made up of a multi-purpose pipeline
and terminals connected to waterways.
ODEBRECHT 2012
Construction of the Embraport Terminal in the Port of Santos,
São Paulo; a Supervia train in one of the 99 stations the
concession company operates in Rio de Janeiro; and a section
of the Dom Pedro Highway Corridor in São Paulo: Odebrecht
TransPort uses different modes of transportation to move
people and merchandise
63
ENVIRONMENTAL ENGINEERING
Water Treatment Plant
in Uruguaiana (RS):
Foz do Brasil’s first
venture in Rio Grande
do Sul, through a water
and sewer concession
Fernando Reis
Entrepreneurial Leader (CEO) of Foz do Brasil
FOZ DO BRASIL
Environmental Engineering
Foz do Brasil meets the challenges of providing universal access to water and sewer
services and making rational use of natural resources by placing capital, management
capacity and cutting-edge technology at the service of three business fronts: urban
sanitation, industrial operations and industrial waste and wastewater treatment. In the
sanitation area, the company works through concessions from city governments and
state sanitation companies. In the industrial area, it serves clients in the oil, mining,
steel and petrochemicals sectors through Lumina Soluções Ambientais.
FINANCIAL INDICATORS in 2011
»»Santa Catarina: Blumenau.
Gross Revenue (in millions)
USD 487
»»Rio Grande do Sul: Uruguaiana.
EBITDA (in millions)
USD 111
»»Rio de Janeiro: Rio das Ostras and Rio
de Janeiro.
»»Espírito Santo: Cachoeiro de Itapemirim and
Vitória metropolitan region.
Highlights in 2011
»»Bahia: Salvador and Lauro de Freitas.
In 2011, the number of people that Foz do Brasil
serves soared from 4.5 million to 8.3 million.
»»Tocantins: statewide, through Saneatins.
»»Awarded concessions for operations in
»»Pará: Curionópolis, Eldorado dos Carajás,
São Geraldo, Tucumã and Xinguara.
Uruguaiana (RS), Porto Ferreira (SP) and the
West Zone of Rio de Janeiro (RJ).
»»Acquired a share of the private-sector
equity of Saneatins – Companhia de
Saneamento do Tocantins.
»»Began operating the Jaguaribe Marine
Outfall in Salvador (BA).
»»Began operating utilities plants for two
companies: TKCSA in Rio de Janeiro and VSB
in Minas Gerais.
Water and sewer services units
»»São Paulo: Limeira, Mairinque, Mauá, Santa
Gertrudes, Rio Claro, Porto Ferreira and
Aquapolo Ambiental (industrial water).
66
Awards and Recognition
»»GWI – Water Reuse, from Global Water
Intelligence, the world’s leading publication
in that field, for the Aquapolo Project.
»»National Quality in Sanitation Award (PNQS
2011 – Level III), in the Platinum category,
bestowed on the Cachoeiro unit by the
Brazilian Sanitary and Environmental
Engineering Association (ABES).
ODEBRECHT 2012
Foz do Brasil: a decisive role in the daily lives of over 8 million people and the challenge of providing water and sewer services to 100% of the population in the 150 cities where it is present
67
ENERGY
The Santo Antônio
hydroelectric plant
(RO) will generate
3,150 MW: Odebrecht
is participating as
a contractor, investor
and operator
Henrique Valladares
Entrepreneurial Leader (CEO) of Odebrecht Energia
ODEBRECHT ENERGIA
Energy
Odebrecht Energia invests in and operates renewable energy generation assets in
Brazil and other countries. Created in 2011, it already has projects underway in
Latin America that will generate over 1,400 MW of renewable energy. Its portfolio of
investments includes the Santo Antônio Hydroelectric Plant (3,150 MW) in Rondônia,
Brazil, the Chaglla Hydroelectric Plant (406 MW) in Peru and the Corredor do Senandes
Wind Power Complex (108 MW) in Rio Grande do Sul, Brazil.
FINANCIAL INDICATORS in 2011
Gross Revenue (in millions)
USD 514
EBITDA (in millions)
USD 12
HIGHLIGHTS IN 2011
Odebrecht Energia consolidates the power
generation assets previously distributed among
other Odebrecht companies and, confirming
its calling for innovation, made progress in
establishing a platform for alternative and
renewable sources of power generation, as well as
the international growth of its businesses..
»»Sale of 108 MW of wind power at the Federal
Government’s Reserve Auction.
»»Sale of 284 MW of electric power to be
produced by the Chaglla Hydroelectric Plant.
70
»»At the Santo Antônio Hydroelectric Plant:
»»Concluded construction and
installation of the main spillway,
diversion of the Madeira River
and filling of the reservoir.
»»Obtained the operating permit.
»»Commissioned turbines in record time.
AWARDS and Recognition
»»Pan-Amazonian Educational and Academic
Excellence Award in the Professional
Education category, bestowed on the
Acreditar Program by the PanAmazônia
Association. This initiative rewards
teachers, educators and companies actively
engaged in the improvement of education in
the Continental Amazon.
ODEBRECHT 2012
Antônio Daiha Blando
Executive Director of E&C Energia
E&C Energia
Construtora Norberto Odebrecht’s
Highlights in 2011
long track record in building power
generation projects fosters a synergistic
»»First contractor in the world to sign
finance, design and build ventures in
the Sustainability Assessment Protocol
of the International Hydropower
Association (IHA).
that segment in Brazil. The highlights
»»Obtained construction permits for the Teles
relationship with Odebrecht Energia to
of its current backlog include the Santo
Pires and Belo Monte hydroelectric plants.
Antônio (RO), Belo Monte (PA) and Teles
»»Completed construction of the following
Pires (MT) hydroelectric plants in Brazil.
power plants: Dardanelos (MT), Baguari
(MG), São Salvador (TO), Pirapetinga (RJ)
and Pedra do Garrafão (RJ), representing
a total production capacity of 683.2 MW.
Dardanelos hydroelectric plant, completed in 2011, with 261-MW production capacity, and wind turbines: generating power from renewable sources
71
OIL & GAS
Designed to operate
at depths of up
to 3,000 meters,
the new drill ship
Norbe IX arrived in
Brazil in 2011. It has
been chartered to
Petrobras until 2021
Roberto Ramos
Entrepreneurial Leader (CEO) of Odebrecht Óleo e Gás
ODEBRECHT ÓLEO E GÁS
Oil & Gas
Well-equipped to help overcome fresh challenges arising in deepwater and
pre-salt oil drilling, Odebrecht Óleo e Gás (OOG) provides integrated solutions
to the Brazilian and international upstream oil industry, ranging from
engineering design to offshore project management.
Its services include installation, maintenance and services (IMS); operating
offshore oil rigs and Floating Production and Storage Units (FPSOs);
manufacturing and installing subsea infrastructure, and supplementary
production services.
FINANCIAL INDICATORS in 2011
Gross Revenue (in millions)
USD 340
EBITDA (in millions)
USD 71
Highlights in 2011
OOG became the first Brazilian company
to prioritize its development in the subsea segment, further bolstering its position as a provider
of integrated solutions and preparing it to meet
the demand created by exploration of the pre-salt
layer. It debuted in that segment by providing Engineering, Procurement and Construction services
for the GSNC-Raso rigid pipelines project, provided
through a strategic partnership with Subsea 7,
one of the world’s leading engineering companies
in that field.
Another highlight was the acquisition of a 5%
stake in OOG by the asset manager and securities
distributor Gávea Investimentos, a subsidiary
of JP Morgan Asset Management.
74
ODEBRECHT 2012
New operations
»»Norbe VI, Norbe VIII and Norbe IX units
began operations.
»»Awarded contracts for drillships ODN III
and ODN Tay IV.
»»Awarded contracts to charter and operate
two pipelay support vessels (PLSVs),
consolidating OOG’s subsea operations.
»»Awarded contract to charter and operate
the Cidade de Itajaí FPSO.
»»Engineering, procurement, maintenance
and installation services for Shell’s
Fluminense FPSO. (Renewed for two years.)
»»Maintenance and installation services for 13
Petrobras platforms in the Campos Basin.
»»Operating NSP’s FPSO unit in partnership
with Maersk. (Renewed until 2020.)
»»Maintenance, assembly, docking logistics,
management and planning for Petrobras’s
P-XVII unit.
»»Secured a USD 200-million revolving
credit facility
Other projects underway
»»Maintenance and assembly of three oil
AWARDS AND RECOGNITION
»»Deals of the Year 2011 from Latin Finance
magazine in the Best Project Financing
category for the Norbe VIII and Norbe IX rigs.
rigs for Statoil, in partnership with Maersk,
in the Peregrino Field, Campos Basin.
Illustration of one of the PLSVs that OOG will be operating, and the company’s team in action: the demand generated by pre-salt oil
field exploration in Brazil has created new work opportunities for industry professionals and driven OOG’s growth
75
André Amaro
President and CEO of Odebrecht Participações e Investimentos
ODEBRECHT
PARTICIPAÇÕES E INVESTIMENTOS
Investments & Holdings
Odebrecht Participações e Investimentos is responsible for the Odebrecht Group’s
holdings and investments in the infrastructure services sector in Latin America
and the United States, and new businesses in Brazil. It obtains funding for its
investments through project financing based on Private-Public Partnership (PPP)
projects and concessions.
FINANCIAL INDICATORS in 2011
Holdings
Gross Revenue (in millions)
USD 670
In Brazil
EBITDA (in millions)
USD 1
»»Arena Pernambuco Negócios e
Investimentos S.A.
»»Fonte Nova Negócios e Participações S.A.
»»Concessionária do Centro Administrativo do
Highlights in 2011
The company’s investments focused primarily on
opportunities derived from the challenge of getting
Brazil’s facilities ready for the 2014 FIFA World Cup.
»»Financial engineering for the Corinthians
Arena.
»»Obtained USD 95.8 million in financing
to build sports arenas and approval of
supplementary financing while bringing
partner/investors on board.
»»Obtained stakes in the Porto Maravilha
Project in Rio de Janeiro.
Distrito Federal S.A.
»»Concessionária Porto Novo S.A.
In Colombia
»»Ruta del Sol S.A. concession company.
In Panama
»»Madden-Colón concession company.
In Peru
»»IIRSA Norte S.A. concession company.
»»Interoceanica Sur concession company
-Sections 2 and 3.
»»Trasvase Olmos concession company.
»»H2Olmos S.A.
76
ODEBRECHT 2012
Fonte Nova Arena under construction in Salvador (BA), scheduled for completion by 2013 in time for the FIFA Confederations Cup
77
CHEMICALS & PETROCHEMICALS
Camaçari Industrial
Complex (BA), where
Braskem operates
six industrial units
that produce basic
petrochemicals,
thermoplastic resins,
PVC and chlor-alkalis
Carlos Fadigas
Entrepreneurial Leader (CEO) of Braskem
BRASKEM
CHEMICALS & PETROCHEMICALS
Braskem produces thermoplastic resins with a focus on polyethylene, polypropylene and
PVC and supplies raw materials to the supply chains of virtually all sectors of industry.
The leading polypropylene producer in the USA, the top plastic resin producer in the
Americas, and the number one biopolymer producer in the world, it exports products
to over 60 countries.
The company owns 35 industrial units, including 28 in Brazil (in the states of Alagoas,
Bahia, Rio de Janeiro, São Paulo and Rio Grande do Sul), five in the United States (in the
states of Pennsylvania, Texas and West Virginia) and two in Germany (in Wesseling and
Schkopau). To keep pace with global economic growth, it invests over USD 799.66 million
annually. A considerable part of that investment goes to research and development projects.
FINANCIAL INDICATORS in 2011
Gross Revenue (in millions)
USD 21,226
acquisition of Sunnoco Chemicals’
polypropylene business and the merger
of those assets was completed.
EBITDA (in millions)
USD 1,946
»»Approval of the acquisition of Quattor
Highlights in 2011
»»Made progress in the Ethylene XXI project
Through the acquisition of four Dow Chemical
polypropylene plants with a combined capacity
of 1.05 million tons/year, Braskem has achieved
a commanding share of the US polypropylene
market. In 2012, it will advance its growth agenda
by opening new plants in the Brazilian states of
Alagoas and Rio Grande do Sul. The first will have
a production capacity of 200,000 tons of PVC per
year, and the second, 100,000 tons of butadiene,
an input for manufacturing synthetic rubber.
»»Production of 5.4 million tons of
thermoplastic resins and 7.7 million tons
of basic petrochemicals, generating net
revenues of USD 17.70 billion.
80
»»US market regulators approved the
by the Brazilian anti-trust agency (CADE)
and completion of the merger process.
to produce 1 million tons of ethylene and
polyethylene per year in Mexico, making
it the largest Brazilian private-sector
investment in that country.
»»Investment grade rating from the Standard
& Poor’s, Moody’s and Fitch credit rating
agencies.
»»Agreement with PetroPeru to study
the feasibility of building units for the
integrated production of 1.2 million tons/
year of ethylene and polyethylene using
ethane from the natural gas reserves in the
Malvinas/Falklands region.
ODEBRECHT 2012
A tank displaying the “I’m Green” logo, Braskem’s brand for products made with its “green” plastic, and the researcher Bruna Mendonça from the company’s Technology and Innovation
Center, where 240 professionals create and improve products and processes, and develop new applications
Awards and Recognition
»»Abrasca Award for Value Creation.
»»Green Best 2011, in the Innovative
Materials category, from Greenvana, for the
development of green polyethylene.
»»Business Excellence Award (Ciesp – Santo
André), in the Large and Medium Companies
category.
»»Second Top Ethanol Prize in the Industrial
Input for Bioplastics Production category,
for “Green” Polyethylene .
»»Honorable Mention in the Chemicals and
Petrochemicals category, in the “Best”
issue of the financial magazine Dinheiro,
for consolidating the largest petrochemical
company in Latin America after the
acquisition of Quattor.
»»First place in the Petrochemicals and
Companies in Brazil 2011 issue of Carta
Capital magazine.
»»DCI Award – Most Admired Chemical
and Petrochemical Company, from the
newspaper Diário Comercio Indústria e
Serviços.
»»Model Company, according to Exame
magazine’s Sustainability Guide 2011.
»»2011 ECO Award, Sustainability in Products
or Services category, for the “Green” Plastic
project.
»»Tetra Pak Supplier Evaluation 3Q2011 – Best
Tetra Pak Supplier in the third quarter of 2011.
»»FINEP Innovation Award in the Large Company
category, awarded by the Financiadora de
Estudos e Projetos (Financing Agency for
Research and Projects – FINEP).
Chemicals categories of the Most Admired
81
ETHANOL & SUGAR
ETH Bioenergia’s
Costa Rica Unit (MS):
capable of processing
up to 3.8 million metric
tons of sugarcane and
producing 360 million
liters of ethanol and
380 GWh of electricity
per harvest
Luiz de Mendonça
Entrepreneurial Leader (CEO) of ETH Bioenergia
ETH BIOENERGIA
Bioenergy
ETH Bioenergia meets the challenge of developing clean, renewable energy
by producing and selling ethanol, electricity from biomass and sugar to the
domestic and international markets.
Based on production hubs, ETH’s business model maximizes synergy
between its agricultural and industrial activities to increase the scale and
competitiveness of its operations. Altogether, its nine units can mill up
to 40 million tons of sugarcane and produce 3 billion liters of ethanol,
700,000 tons of sugar and 2,700 GhW of electric power annually.
FINANCIAL INDICATORS in 2011
Gross Revenue (in millions)
USD 905
EBITDA (in millions)
USD 231
Highlights in 2011
ETH concluded its first cycle of investments by
opening two new agro-industrial units in Brazil: Costa Rica, in Mato Grosso do Sul, and Água
Emendada, in Goiás. All told, they have created
5,000 job opportunities and added 7.6 million tons
to the company’s total installed milling capacity.
By December 2011, the company had a cultivated
area of roughly 300,000 hectares, 100,000 of
which were planted that year. The goal for 2012 is
to plant 110,000 hectares.
»»A 12% increase in the volume of sugar
exported, accounting for a 105% increase in
revenues in US dollars compared with 2010.
»»Partnering with Amyris to produce the
renewable polymer Biofene®. ETH will
be responsible for production and has a
84
controlling interest in the partnership.
Amyris will have exclusive sales rights. The
product will be on the market by 2014.
»»Renewable Fuel Standard – RFS 2 (EPA/USA)
certification, a pre-requisite for exporting
products to the United States, obtained by
the Conquista do Pontal (SP), Alcídia (SP),
Rio Claro (GO), Eldorado (MS) and Santa
Luzia (MS) units.
»»International Bonsucro certification, which
attests to sustainable practices and is
required to export products derived from
sugarcane to the EU and Asia, obtained by
the Conquista do Pontal Unit.
Projects underway
»»Construction of the Conquista do Pontal
Unit’s new sugar factory, slated to begin
operations by July 2012.
»»Boosting the industrial capacity of the
Eldorado Unit, increasing the company’s
total capacity from 35 million to 40 million
tons in the 2013-2014 crop year.
ODEBRECHT 2012
Rodrigo Neumar Silva, a harvest tractor operator, at the Costa Rica Unit: investing USD 533.10 million and creating 4,500 new work opportunities in Mato Grosso do Sul, Brazil
Awards and Recognition
»»Conquista do Pontal Unit was voted one
of the 10 best factories in Brazil, and a
technology benchmark.
»»Cana Invest Award, in the People
Development and Education category,
bestowed by the Cana Invest channel, one
of Brazil’s most highly respected media
outlets for the sugarcane industry.
85
Fernando Barbosa
Executive Director of Enseada do Paraguaçu Shipyard
Chairman of the Board: Marcio Faria
Estaleiro Enseada do ParaguaçU
Shipyard
Keeping pace with the increased demand in the shipbuilding sector and committed to
meeting the growing challenges it presents, Odebrecht is a partner in Estaleiro Enseada
do Paraguaçu (EEP), a shipyard under construction since 2012. The other partners are
OAS, UTC and Kawasaki Heavy Industries (KHI), EEP’s strategic technological partner.
The shipyard will begin operations in 2014 with a focus on building and assembling
offshore units such as platforms, specialized ships and drill rigs.
Representing a USD 1.07-billion investment, the largest infusion of private-sector
capital in Bahia in the last decade, EEP will be able to process up to 36,000 metric tons
of steel annually when fully operational Construction of the shipyard will directly create
3,000 work opportunities. Once the facility begins operations, it will employ 5,000
people directly and provide indirect work opportunities for 10,000 people.
Illustration showing the future Estaleiro Enseada do Paraguaçu: located at the mouth of the Paraguaçu River, about 42 km from Salvador,
the shipyard will occupy an area of roughly 1.6 million square meters, 400,000 of which will be set aside for an environmental preserve
86
ODEBRECHT 2012
Roberto Simões
Executive Director of Odebrecht Defesa e Tecnologia
Chairman of the Board: Marcio Faria
ODEBRECHT DEFESA E TECNOLOGIA
Defense & Technology
Design, implementation, consolidation and management of major ventures in the
area of defense, security, safety and technology, structuring and designing project
financing, absorbing and developing technologies and producing equipment and
systems in Brazil and other countries.
Highlights in 2011
In association with the French company DCNS,
a world leader in naval defense, the company is
building five submarines – four conventional and
one nuclear – for the Brazilian Navy’s Submarine
Development Program (Prosub) in Itaguaí (RJ). In
2011, plate cutting began for sections of the first
submarines.
That same year, the company acquired 65%
controlling interest in Mectron, a Brazilian
company with 20 years’ experience in developing
and manufacturing high-technology products with
high value added for civil and military applications
for the defense and aerospace sectors.
Mectron Laboratory in São José dos Campos (SP): high-tech products with high value added for public safety and national security
87
Agroforestry Family
House students in
the Southern Bahia
Lowlands: combining
formal education with
the skills required for
rural entrepreneurship
and protagonism
Social and Cultural Programs
Odebrecht’s social programs aim to boost development in the regions and
countries where the Group is present, with focus on three areas: citizenship and
governance strengthening; education for children and youth, and professional
education for adults. Interlinked to drive productive initiatives that create
opportunities for work and income, these social programs and projects are
carried out by the Group’s subsidiaries and the Odebrecht Foundation.(See
all the social, environmental and cultural programs that Odebrecht Group
companies are developing on pages 94 to 97.)
In 2011, Odebrecht invested a total of USD 54.7 million in these projects, which
involved 942 communities in Brazil and 448 in other countries.
88
ODEBRECHT 2012
Maurício Medeiros
Executive President of the Odebrecht Foundation
Odebrecht Foundation
The Odebrecht Foundation focuses on the challenge of creating opportunities for rural youth in an area of Brazil
comprised of 11 municipalities in the Southern Bahia Lowlands whose agricultural potential and environmental
heritage stand in stark contrast with poverty and illiteracy. With this objective in mind, the Program for the
Integrated and Sustainable Development of the Mosaic of Environmental Protection Areas in the Southern
Bahia Lowlands (PDIS) promotes projects to generate opportunities for families to get decent jobs and fair
incomes in that region, which is home to 270,000 people.
This initiative covers all the UN Millennium Development Goals and has the support of the Inter-American
Development Bank (IADB), the Banco Nacional de Desenvolvimento Econômico e Social (BNDES), Banco do
Brasil, the Mitsubishi Corporation, the Federal Government, the State of Bahia and municipalities in the region,
and the United Nations itself, among other public and private partners. Through the Tribute to the Future
Program, Group Members in 2011 voluntarily assigned 6% of their income tax to the Foundation’s initiatives.
Highlights in 2011
»»The Odebrecht Foundation invested
USD 20.2 million in the activities of
the Program for the Integrated and
Sustainable Development of the Mosaic
of Environmental Protection Areas in
the Southern Bahia Lowlands (PDIS).
Including investments from partners and
the cooperatives themselves, the total
investment reached USD 50.1 million.
»»The Bahia State Board of Education
authorized the Igrapiúna Rural Family
House (CFR-I) and Nilo Peçanha AgroForestry Family House (Cfaf) to offer
technical professional education courses
in agribusiness and forestry, respectively,
as part of the official secondary school
curriculum.
»»Inauguration of the Building Better
Professional Education Center in Valença,
Bahia, thanks to a Technical and Financial
Cooperation Agreement signed in 2009 by
the Banco Nacional de Desenvolvimento
Econômico e Social (BNDES) and the
Odebrecht Foundation.
»»Raising about USD 2.5 million from
4,129 Odebrecht Group Members through
the Tribute to the Future Program
for investment in 14 educational and
productive projects.
In Numbers
»»Social/Environmental and Cultural Projects: 16
»»Communities Involved: 276
»»Beneficiaries: 9,032 directly
and 83,500 indirectly
»»Partner Organizations: 40
Award and Recognition
»»2011 ECO Award in the Sustainability
Practices category, awarded by the American
Chamber of Commerce (AMCHAM) in São
Paulo and by the Valor Econômico newspaper
to the Hearts-of-Palm Producers Cooperative
of the Southern Bahia Lowlands (Coopalm).
»»Sebrae Journalism Award, Honorable
Mention in the Film Reporter category, for
a report about Coopalm.
89
Cultural Programs
Since 1959, Odebrecht has sponsored initiatives that enhance the artistic
and cultural heritage of the countries where it is present. By allocating resources
to projects with far-reaching and local impacts, both inside and outside academia,
it energizes cultural life in all its spheres of operation and aspects, promoting
the affirmation of diverse identities and the celebration of universal values.
ODEBRECHT HISTORICAL RESEARCH – CLARIVAL
DO PRADO VALLADARES PRIZE
Awarded annually to an original research project
that addresses subjects related to the history of
Brazil, this prize encourages national historiography
by providing optimum conditions for the completion of the selected project. The results are made
available to the public in the form of a beautifully
published and lavishly illustrated book
»»In 2011, the book Theodoro Sampaio – In the
Backlands and Cities, won the Jabuti Prize
in the Graphic Design category and took
third place in the Architecture and Urban
Planning Category. The Jabuti is Brazil’s
most prestigious book award.
»»The Benedictine Monastery of Bahia was
launched as a result of a research project by
Dom Gregório Paixão, the winner in 2010.
This study reconstructs the history of the
first Christian monastery built outside
Europe, in 1581.
90
BRASKEM FRONTIERS OF THINKING
Held in São Paulo and Porto Alegre, this international seminar brings the Brazilian public in
contact with renowned scientists, artists and intellectuals who stand out for their bold ideas about
the contemporary world.
»»In 2011, the program presented lectures
by Alain de Botton, Fernando Henrique
Cardoso, Garry Kasparov, Luc Ferry, Edgar
Morin, Fredric Jameson, Luiz Felipe Pondé
and Nobel Prize winner Oham Pamuk
(Literature, 2006).
ODEBRECHT 2012
OTHER INITIATIVES
»»Support for Literature from Foz do Brasil
Brazil
in Limeira (SP): sponsorship of the books
Recordações da infância de Carlota Schmidt
no Ibicaba (Childhood Memories of Carlota
Schmidt in Ibicaba), Quem é quem nas ruas
de Limeira (Who’s Who in the Streets of
Limeira), Memórias biográficas (Memoirs) and
Vozes pela negritude (Voices for Negritude).
»»Sponsored the documentary “Roberto
Marinho – o senhor do seu tempo” (Roberto
Marinho - master of his time), about the
life of the founder of the Globo media
conglomerate.
»»Sponsored the book Bartolomeu de Gusmão
– o padre inventor (Bartolomeu de Gusmão,
the ingenious priest), a commemorative
edition marking the 40th anniversary of
the Rio de Janeiro State University – UERJ
campus, built by Odebrecht.
»»“Money, Gods and Power” historic coin
exhibit.
»»Bibliographic project Concepção e arrojo da
Cidade Administrativa Presidente Tancredo
Neves (Design and Audacity of Presidente
Tancredo Neves Administrative City),
consisting of two books and a CD that tell
the story of the complex based in Belo
Horizonte (MG).
»»Support for the Centennial Project – School
of Engineering of the Federal University
at Minas Gerais, involving a number of
commemorative events.
»»Foz do Brasil Stimulates Research Prize,
2nd Edition: encouraging the production of
technical and scientific knowledge about
the Itapemirim River Basin by college and
technical school students throughout the
Brazilian state of Espírito Santo.
Cuba
»»Sponsorship of the documentary “Mucho
gusto,” about the cultural similarities
between Cuba and Brazil.
Portugal
»»Heritage Protection Plan in Baixo Sabor:
two archeological sites in the area of the
future Sabor dam are working to record
and preserve the remnants emerging in
excavations and recounting regional history.
Support for cultural institutions
»»Brazilian Academy of Letters
»»Zumbi dos Palmares College (SP)
»»Maria Luisa and Oscar Americano
Foundation (SP)
»»Brazil-Colombia Cultural Institute (Ibraco)
»»Sérgio Motta Institute (SP)
»»Santa Casa da Misericórdia da Bahia
»»Castro Alves Theater, Salvador (BA)
»»Angolan Writers’ Union
91
Social, Environmental and Cultural Programs 1
BRAzIL
2009 20102011
Number of Programs
263 254437
Number of Beneficiaries
333,768 470,000605,193
Communities Involved 525 220942
Partner Groups
308 261614
Investments (USD)2
42.11 million
WORLDWIDE
2009 20102011
Number of Programs
155 126164
Number of Beneficiaries
132,734 291,000212,267
32.7 million
41.8 million
Communities Involved 342 284448
Partner Groups
144 211350
Investments (USD)
2.9 million
TOTAL
2009 20102011
Number of Programs
418 380601
Number of Beneficiaries
466,502 761,000817,460
6.3 million
12.9 million
Communities Involved 867 5041,390
92
Partner Groups
452 472964
Investments (USD)
45 million
39 million
1
Carried out by Group subsidiaries and the Odebrecht Foundation
2
Investments in Brazil converted into USD at the exchange rate of 1 USD = BRL 1.8758 (at December 31, 2011)
54.7 million
ODEBRECHT 2012
Polio vaccination
campaign in
Luanda: investing
USD 3.9 million in
social, environmental
and cultural programs
in Angola that benefit
over 70,000 people
93
Social, Environmental and
Cultural Programs in Brazil
Programs carried out in several Brazilian
states included the Greenhouse Gas Emissions
Inventory, Hit the Net (digital inclusion),
Acreditar (professional education), Water
Kingdom (support for public education) and
A Fresh Look at Plastic (information about
the plastics life-cycle).
In addition to these initiatives, Odebrecht
sponsors two national awards: the
Odebrecht Sustainable Development
Prize for engineering students, and the
Odebrecht Historical Research – Clarival do
Prado Valladares Prize, which stimulates
historiography and publishing in Brazil. In the
world of sports, the Group is sponsoring the
training of athletes for the 2016 Olympics.
ODEBRECHT TRANSPORT
BA_Two-Way Street: training and qualification of small and micro businesses
in the vicinity of routes managed by the Bahia Norte Concessionaire
BA_Support for sports activities in the maroon community near
route BA 093
BA_Social/Environmental education in communities near roads managed by Odebrecht TransPort
PE_Solid Waste Control Program in Cabo do Jaboatão
RJ_Grooming volunteer environmental multiplier agents in SuperVia’s sphere of operations
RJ_Environmental Blitz: awareness raising program for residents near SuperVia to reduce garbage dumps
RJ_Support for environmental awareness campaigns for the Recycle Rio project, carried out by 34 recycling cooperatives
SP_Collecting about 170,000 units through the Winter Clothing Campaign
SP_Environmental Route Campaign: distribution of seedlings and planting
them on the Rota das Bandeiras highway
SP_Compensatory Planting Project in the vicinity of Serra do Mar State Park.
Odebrecht Engenharia Industrial
(Industrial Engineering)
BA_Stitching Partnerships, a support program for the Seamstresses’
Cooperative of São Roque do Paraguaçu
PE_In the Splice Program: support for the Seamstresses’ Cooperative
in the vicinity of the Suape Project
Odebrecht Infraestrutura (Infrastructure)
Odebrecht Energia (Energy)
BA_Environmental education: sorting waste and selective trash collection
RO_Delivery of Alfredo Silva Medical Specialties Center in Porto Velho
RO_Support for the Campaign Against Sexual Exploitation of Children
on the BA 093 state highway works.
BA_Including convicts and homeless people in the BA 093 and Fonte Nova RO_Participation in public health and STD prevention programs in Porto Velho
construction projects.
and Adolescents
BA_Professional education for homeless people in the vicinity of the Fonte RO_Construction of sports and recreational facilities in Vila Nova de Teotônio
RO_Development of environmental impact study and report for deployment
Nova Arena.
CE_Recycler training: work, income and a road to recovery for psychiatric patients and drug addicts in the vicinity of the Transnordestina
RO_Wireless Project: support for Municipal Geoprocessing System
of a landfill in Porto Velho
Railway works.
in Porto Velho
MG_Book on Presidente Tancredo Neves Administrative City in
RO_Participation in Global Fund to Fight Malaria Project
RO_Support for 7th Municipal Health Conference in Porto Velho
Belo Horizonte.
MG_Centennial Project: support for events marking the 100th anniversary RO_Support for Farm and Fruit Cooperative in Rondônia
RO_Construction of schools in Candeias do Jamari
of the UFMG School of Engineering.
RJ_Support for production and acquisition of family farm produce
RO_Delivery of Porto Velho Police CCTV System to the Rondônia Deparment
in Itaguaí.
RJ_Environmental remediation of Sepetiba Beach.
of Safety, Defense and Citizenship
RO_Delivery of Dr. Ronaldo Aragão Family Health Unit in Porto Velho
RJ_Environmental education in Sepetiba public schools.
RJ_Rescuing endangered endemic plant life during construction works
94
for Line 4 of the metro
E&C ENERGIA (ENERGy)
RJ_Sponsoring the documentary “Roberto Marinho – o senhor do seu tempo.”
PA_Health Expeditionaries, taking specialized health care
RJ_Sponsoring the book Bartolomeu de Gusmão – o padre inventor.
to indigenous communities
ODEBRECHT 2012
Odebrecht Óleo e Gás (Oil & Gas)
RJ_Schools in Action Program in Macaé
RJ_Hit the Net digital inclusion program
RJ_Professional Education Project for students who are behind at school
RJ_Opening Spaces: arts and culture, sports, recreation and educational activities in municipal schools
Odebrecht Realizações Imobiliárias
(Real Estate Developments)
BA_Environmental education for children in the community near the Odebrecht Building
DF_Sounds of the Savannah Project: music education for low-income youth in Bairro Novo Jardins Mangueiral
RJ_Low-cost solar heating – training multiplier agents to assemble solar heaters
FOZ DO BRASIL (ENVIRONMENTAL ENGINEERING)
BA_Environmental education for schools in the vicinity of the Jaguaribe
Marine Outfall
ES_Best practices in basic sanitation: encouraging the educational
community’s participation in cleaning up Cachoeiro de Itapemirim
RS_Foz do Brasil Stimulates Research – 2nd edition: increasing
knowledge about the Itapemirim River Basin
SC_Support for the Pro-Family Foundation to rebuild their headquarters, destroyed by floods in 2008
RS_Braskem Frontiers of Thinking
RS_Braskem on Stage award, part of the Porto Alegre em Cena theater festival
SP_Recycling projects aimed at increasing the income of trash pickers’ cooperatives.
SP_Braskem Frontiers of Thinking
SP_Support for the musical “The Great Recycler,” which spotlights trash pickers who collect recyclable materials
ETH Bioenergia (Bioenergy)
SP_Look Alive: Oil and Water Don’t Mix Environmental Education Program
GO_Social Energy Program for Local Sustainability
SP_Guaruzinho Project: raising schoolchildren’s environmental
GO_Sustainability Culture Center in Caçu and Cachoeira Alta
GO_Construction of sustainable school, part of the Sustainability Culture awareness in the vicinity of waterways in the city of Mauá
SP_Pocket of Citizenship: encouraging members to take part
GO_Community garden for small farmers in Cachoeira Alta.
in outreach and volunteer programs
Center in Cachoeira Alta.
SP_Support for literature: sponsoring works produced in Limeira
GO_Support for management of solid urban waste in Caçu
TO_Taquarussu, A Source of Life Project: promoting sustainable
GO_ Sustainable Life Project: health, environmental preservation
management of the sub-basin of the Taquarussu Grande River
and Cachoeira Alta
and citizenship in Cachoeira Alta
BRASKEM
MS_Support for management of solid urban waste in Nova Alvorada do Sul
AL_Lagoa Viva (Living Lagoon) Environmental Education Program
MS_Support for sustainable organic vegetable farming in Nova
AL_Maintenance of the Green Belt, a 150-hectare Environmental
MS_Clinical analysis laboratory in Nova Alvorada do Sul
Preservation Area in Maceió
MS_Sustainability Culture Center in Nova Alvorada do Sul
Alvorada do Sul
AL_Recycling projects aimed at increasing the income of trash pickers’ MS_Social Energy for Local Sustainability Program
cooperatives
MS_Young Sprouts Project: education sports, arts and culture for children BA_Sponsorship of the UNICA Science and Technology Museum – World of Children and Adolescents, part of the City of Knowledge project
MT_Social Energy for Local Sustainability Program
BA_Braskem Recycling projects aimed at increasing the income of trash
SP_Social Energy for Local Sustainability Program
SP_Support for Management of Solid Urban Waste in Mirante
pickers’ cooperatives.
aged 4 to 15
BA_Forest Factory — Producing and planting native plant species on the SP_Sustainability Culture Centers in Teodoro Sampaio and Mirante
north coast of Bahia to restore the Atlantic Forest
do Paranapanema and Teodoro Sampaio
BA_Braskem Theater Award
BA_Support for the European tour of the July 2 Youth Symphony
SP_Professional teacher training project for faculty at public schools
Orchestra, part of the Neojibá (Centers of Youth and Children’s
Orchestras of Bahia) project
SP_Livestock Nutrition Project: support for milk supply chain
RS_Co-sponsorship of the Artemosfera urban art circuit in Porto Alegre
do Paranapanema
in Mirante do Paranapanema
in Teodoro Sampaio.
RS_Recycling projects aimed at increasing the income of trash pickers’ cooperatives
95
_Support for
public policies on
health education
_Rehousing Program:
monitoring 71 Social
Resident and Production
Units in vulnerable
circumstances
PANAMA
COLOMBIA
ARGENTINA
Social, Environmental and
Cultural Programs Worldwide
_Enterprising Women of Curundu Program
in Panama City
_Curundu and its People Building a Different
Future Program
_Social Inclusion Program through Sports for
the Children of Curundu
Professional Education
CUBA
Program
_Support for and sponsorship
of the “Mucho Gusto”
documentary about
Cuba and Brazil
_Acreditar Ongoing Professional
Education Program
_Rescuing Flora and Fauna: wildlife and plant
inventory for the Chaglla Hydroelectric Plant
project area
_Assisted Compensation Program: helping
families expropriated for construction
of the Chaglla Hydro
_Zero Deforestation Project: encouraging
productivity of families influenced by the
_Sustainable Development
Program in the Guayuyal
Community
_Water capture and treatment
for the Bohechio Community
PERU
_Acreditar Ongoing
DOMINICAN REPUBLIC
_Training Fishermen and Fish Sellers
Chaglla Project
_Bolstering the capacity of local authorities:
guidance on governance, citizenship
and sustainable development
for Sustainable Development
_Baynanza: clean-up program
for Biscayne Bay
_Schools Program: support for schools
_Odebrecht in the Family, Women’s
Safety, Children for Prevention and
Building Safety: holistic human
development programs
_Nursery production and planting
of 13,000 seedlings of 20 native
near jobsites
_Friends of City Park: planting trees in New
plant species in the region of the
Michoacán Irrigated Farming
Orleans City Park
PORTUGAL
MEXICO
UNITED STATES
_Launch of Odebrecht Award
_Implementation of Environmental
Monitoring Programs
_Biodiversity preservation
_Refurbishing the Occupational
Activities Center for people with
special needs in Alfandega da Fé
_Heritage Protection Program in the
Baixo Sabor area
Project
MOZAMBIQUE
_Ler+ literacy program
_Sowing the Future – Te Quiero
Verde: environmental
education, plant nurseries
and 15 environmental
committees
_Self-supporting Pollos La
creating jobs and income for
_Volunteer Program – I’m on the Side of Good:
social, educational, health and environmental
projects
_Training HIV/AIDS prevention agents
_HIV/AIDS Program: prevention and awareness
_Kulonga pala Kukula, a program focused on
raising for 4,600 people in the Moatize and
improving quality of life in Malanje Province
Tete communities
_Acreditar Ongoing Professional Education Program
_RRR Children’s Park: recycling and reusing
_2nd edition of Odebrecht Sustainable
waste material
Development Prize
the communities
Project: for children,
adolescents and adults
_Hit the Net digital inclusion
program
_Aspire Program, the local version of the Acreditar
Ongoing Professional Education Program
_Anayee Doing More Program: Odebrecht members
volunteer to support the development of local talent
ANGOLA
_Knowledge, Art and Culture
_Programs to Fight Malaria
LIBERIA
VENEZUELA
Granja poultry raising project:
_Hit the Net Program
_“Nos Trilhos da Independência” (On Track to
Independence), a documentary about the
country’s independence process
_Partnering with Salesians of Dom Bosco College
to carry out educational programs
Executives of
the Odebrecht Group
ODEBRECHT S.A.
Honorary Chairman
Norberto Odebrecht
President and CEO
Marcelo Bahia Odebrecht
Board of Directors
Emílio Odebrecht, Chairman
Aluizio Araujo
Gilberto Sá
Luiz Almeida
Luiz Villar
Pedro Mariani
Pedro Novis
Renato Baiardi
Rubens Ricupero
Sergio Foguel
Senior Officers Responsible for
Entrepreneurship Support
Finance
Felipe Jens
Finance Engineering & Construction
Jayme Fonseca
Legal Affairs & Investments
Newton de Souza
People, Planning & Communication
André Amaro
Corporate Communication
Márcio Polidoro
People & Organization
Carla Barretto
Operations & Sustainability
Paulo Lacerda de Melo
Sustainability
Sérgio Leão
Information Technology
André Schneiter
Structured Operations
Hilberto Silva
Institutional/Political Relations
Claudio Melo Filho
Special Advisors
to the President and CEO
Marcos Wilson
Renato Martins
ODEBRECHT
INFRAESTRUTURA
ODEBRECHT
ENGENHARIA INDUSTRIAL
ODEBRECHT
AMÉRICA LATINA E ANGOLA
Entrepreneurial Leader (CEO)
Benedicto Barbosa da Silva Junior
Entrepreneurial Leader (CEO)
Marcio Faria
Entrepreneurial Leader (CEO)
Luiz Mameri
Senior Officers
André Vital, Bahia and Sergipe
Carlos Hermanny Filho, 2014 FIFA World Cup
Fabio Gandolfo, ProSub – Naval Base and
Senior Officers
Flávio Faria, Argentina
Francisco Penteado, Venezuela and Mexico
Renato Rodrigues, South and Southeast Brazil
Saulo Vinicius, North, Northeast and Mid-West
Senior Officers
Andre Rabello, Panama
Ernesto Baiardi, Angola
Jorge Barata, Peru
José Conceição, Ecuador
Luís Wyell, Mexico
Luiz Bueno, Colombia
Marco Cruz, Dominican Republic
Ricardo Boleira, Cuba
Shipyard
João Pacífico, Northeast, Mid-West and CSN
Leandro Azevedo, Rio de Janeiro
Sergio Neves, Minas Gerais, Espírito Santo, North
and Vale
Valter Lana, São Paulo and South
Senior Officers Responsible
for Entrepreneurship Support
Adriano Jucá, Legal Affairs
Alexandrino Alencar, Business Development
Antonio Carlos Faria, Communication
Dante Venturini, Engineering
Geraldo Villin, Investments
João Borba, Business Development
Luciano Cruz, Finance
Paulo H. Quaresma, People & Organization
Romildo Santos, Business Development
Rubio Fernal, Business Development
Brazil and Petrochemicals
Senior Officers Responsible
for Entrepreneurship Support
Cesar Rocha, Finance
Fausto Aquino, Planning / People &
Organization
Gerson Ricardi, Engineering
Guilherme Britto, Legal Affairs
Manoel Nogueira, Business Development
Rogério Araújo, Business Development
Senior Officer Responsible
for Infrastructure Works
Rodney Carvalho, Argentina
Senior Officers Responsible
for Entrepreneurship Support
Carlos Alexandre, Engineering
Edson Lemos, People & Organization and OLEX
Eduardo Gedeon, Legal Affairs
Rogério Ibrahim, Finance, Investments and
Export Credit
Roberto Dias, Institutional Relations
Marcos Machado, Market
ODEBRECHT VENEZUELA
Entrepreneurial Leader (CEO)
Euzenando Azevedo
Senior Officer
Alessandro Gomes, Construction Caracas
Senior Officers Responsible
for Entrepreneurship Support
Carlos Magno, Facilities
Hugo Malm, New Business Development
Jorge Faroh, New Business Development
José Cláudio Daltro, Finance and People &
Organization
Sergio Campos, Legal Affairs
ODEBRECHT INTERNATIONAL
ODEBRECHT
REALIZAÇÕES IMOBILIÁRIAS
Odebrecht Representatives
on the Board of Directors
Marcelo Bahia Odebrecht, Chairman
André Amaro
Felipe Jens
Newton de Souza
Paulo Lacerda Melo
Odebrecht Representatives
on the Board of Directors
Benedicto Barbosa da Silva Junior,
Chairman
Adriano Jucá
André Amaro
Felipe Jens
Geraldo Villin Prado
Entrepreneurial Leader (CEO)
Paul Altit
Executive Director
Paulo Cesena
Senior Officers
Antonio Pessoa, Rio de Janeiro and Espírito Santo
Daniel Villar, Bairro Novo
Djean Cruz, Bahia and Pernambuco
Paulo Melo, São Paulo, Minas Gerais and
Regional / Sectoral Directors
Carlos José Cunha, Supervia
Carlos Prado, Rio de Janeiro, Minas Gerais and
Federal District (Brasília)
Entrepreneurial Leader (CEO)
Luiz Teive Rocha
Senior Officers Responsible
for Entrepreneurship Support
Ciro Barbosa, People & Organization
Senior Officers
Gustavo Guerra, West Africa and Libya
Gilberto Neves, United States
Luis Teive Rocha, Portugal and Middle East
Miguel Peres, Mozambique and Vale in Africa
and Sustainability
Senior Officers Responsible
for Entrepreneurship Support
Gonçalves Pereira, Market
Gustavo Fontes, Investments
Jairo Flor, Finance
Kelly Faleiro, Legal Affairs
Paul Bailey, Engineering
Paulo Rocha, People & Organization
Roberto Lopez, SSTMA
ODEBRECHT TRANSPORT
Nelson Tadashi, Engineering and Productivity
Marcelo Neves, Finance and IT
Rodrigo Salles, Legal Affairs
Sergio Kertész, Marketing and Communication
Espírito Santo
Irineu Meirelles, São Paulo and South
Juliana Baiardi, Ports and Logistics
Michael Machado, Ancillary Revenue
Renato Melo, Norte, Northeast and Mid-West
Senior Officers Responsible
for Entrepreneurship Support
Fernando Maltoni, Institutional Relations
Juliane Marinho, Legal Affairs
Marcelo Felberg, Finance
Marcos Quintella, Transport Engineering
Silvana Sacramento, People & Organization
FOZ DO BRASIL
ODEBRECHT ENERGIA
ODEBRECHT ÓLEO E GÁS
Odebrecht Representatives
on the Board of Directors
Marcelo Bahia Odebrecht, Chairman
André Amaro
Felipe Jens
Marcos Wilson
Newton de Souza
Paulo Lacerda
Entrepreneurial Leader (CEO)
Henrique Valladares
Odebrecht Representatives
on the Board of Directors
Marcelo Bahia Odebrecht, Chairman
André Amaro
Felipe Jens
Paulo Lacerda
Marcio Faria
Newton de Souza
Rogério Santos de Araújo
Entrepreneurial Leader (CEO)
Fernando Reis
Senior Officer Responsible
for Engineering & Construction
Antonio Carlos Dahia Blando,
Regional / Industrial Directors
Alexandre Barradas, RD North, Northeast and
Energy Brazil
Mid-West
Senior Officers Responsible
for Entrepreneurship Support
Adriano Maia, Legal Affairs
Augusto Roque, Engineering
Edwaldo Tamberg, Electromechanical Systems
Enio Silva, People & Organization and
Carlos H. Mathias, RD Espírito Santo, Minas
Gerais and Rio de Janeiro
Guilherme Paschoal, RD São Paulo
Irineu Aguiar, ID Industrial Operations
Marcos Rabello, ID Waste
Mário Amaro, RD Saneatins
Paulo Welzel, RD South
Senior Officers Responsible
for Entrepreneurship Support
Eduardo Barbosa, People & Organization
Emyr Costa, Engineering
Pedro Pereira de Sá, Comptroller
Renato Medeiros, Investments
Rodrigo Bueno, Legal Affairs
Ticiana Marianetti, Finance
Power Generation Directors
Ailton Reis, Biomass
Fernando Chein, Wind, Solar and Small Hydros
Erlon Arfelli, Peru
Eduardo Pinto, SAESA
Communication
Gabriel Ybarra, Business Development
Luiz Gabriel Azevedo, Sustainability
Marco Rabello, Finance and Investment
Marcos V. Gusmão, Sales and Regulation
Entrepreneurial Leader (CEO)
Roberto Ramos
Senior Officers
Hélcio Colodete, Specialized Services for Oil Wells
Herculano Barbosa, Platform Engineering and
Technology
Jorge Mitidieri, Integrated Services
Pedro Mathias, Drilling Operations
Senior Officers Responsible
for Entrepreneurship Support
Carlos Alberto Brenner, Investments and
Strategy
José Claudio Grossi, People & Organization,
Communication and IT
Marco Fonseca, Sustainability
Mario Augusto Silva, Finance
Rodrigo Dantas, Legal Affairs
ODEBRECHT PARTICIPAÇÕES
E INVESTIMENTOS
President and CEO
André Amaro
BRASKEM
Odebrecht Representatives on the
Board of Directors
Marcelo Bahia Odebrecht , Chairman
Felipe Jens
Alfredo Lisboa Ribeiro Tellechea
Newton de Souza
Luiz de Mendonça
Entrepreneurial Leader (CEO)
Carlos José Fadigas
Executive Vice Presidents
Fernando Musa, United States and Europe Unit
Luciano Guidolin, Polyolefins, Comperj and
Renewables Unit
Marcelo Cerqueira, Vinyls Unit
Roberto Bischoff, Latin America Unit
Rui Chammas, Basic Petrochemicals Unit
Senior Officers Responsible
for Entrepreneurship Support
Décio Oddone, Investments
Edmundo Correia Aires, Innovation and
Technology
Marcela Drehmer, Finance, Planning and
Investor Relations
Marcelo Arantes de Carvalho, People &
Organization, IT and Procurement
Marcelo Lyra, Institutional Relations and
Sustainable Development
Maurício Ferro, Legal Affairs and Corporate
Governance
ETH BIOENERGia
ESTALEIRO Enseada
do Paraguaçu
Odebrecht Representatives
on the Board of Directors
Marcelo Bahia Odebrecht, Chairman
André Amaro
Carlos Fadigas
Felipe Jens
Henrique Valladares
Newton de Souza
Odebrecht Representatives
on the Board of Directors
Marcio Faria, Chairman
André Amaro
Paulo Lacerda de Melo
Rogério Santos de Araújo
Roberto Ramos
Entrepreneurial Leader (CEO)
Luiz de Mendonça
Executive Director
Fernando Barbosa
Senior Officers
Celso Ferreira, Engineering and Technology
Luis Felli, Agroindustrial Operations
Marcelo Mancini, Sales, Logistics and
Senior Officers
Francisco Dezen, Operations
João Muniz, Shipyard Construction
João Candido, Industrial
Gilberto Camargo, Hull Conversion RJ
Yasuhiro Kojima, Technical Area
Procurement
Senior Officers Responsible
for Entrepreneurship Support
Luciano Dequech, Legal Affairs
Helio Novaes, Finance, Planning and IT
Genesio Lemos Couto, People & Organization
and Sustainability
Senior Officers Responsible
for Entrepreneurship Support
Guilherme Abud, Legal Affairs
Humberto Rangel, Institutional Relations
Ricardo Ricardi, Finance
Ricardo Lyra, People & Organization
ODEBRECHT
DEFESA E TECNOLOGIA
ODEBRECHT ADMINISTRADORA
E CORRETORA DE SEGUROS
Odebrecht Representatives
on the Board of Directors
Marcio Faria, Chairman
André Amaro
Felipe Jens
Newton de Souza
Paulo Lacerda de Melo
General Director
Felipe Jens
Executive Director
Roberto SImões
Officers Responsible for Insurance
& Bonds Entrepreneurship
Kátia Luz, Support for Insurance for Engineering &
Construction, FOZ and OR
Luis Cláudio Galvão Barretto, Insurance
for Financial Risk, Insurance of Assets (Oil & Gas,
Chemicals & Petrochemicals and Ethanol & Sugar)
and Bonds
Project Directors
Antonio Luiz Costa, Itaguaí Construções Navais
Gustavo Ramos, Mectron
Sergio Cunha, Baía de Sepetiba Joint Venture
Marcelo Panzetti, New Businesses
Valter Rodrigues, New Businesses
Carlos Ligeiro, New Businesses
Senior Officers Responsible
for Entrepreneurship Support
Lino Batista, Administration & Finance
Marco Tanure, Investments
Oswaldo Oliva, Business Development
Ricardo Cunha, Business Development
Alberto Sant’ana, Business Development
Bettina Skelton, Life and Health Insurance
ODEPREV
ODEBRECHT PREVIDÊNCIA
Board of Trustees
André Amaro, Chairman
Felipe Jens, Vice Chairman
Carlos Hupsel
Cesar Rocha
Bettina Skelton
Homero Arandas
Márcia Tourinho
Directors
Sérgio Brinckmann
Ivette Guimarães
ODEBRECHT FOUNDATION
Board of Trustees
Norberto Odebrecht, Chairman
Emílio Odebrecht
Aluizio Rebello de Araujo
Geraldo Dannemann
Gilberto Sá
Luiz Almeida
Luiz Villar
Pedro Mariani
Pedro Novis
Renato Baiardi
Rubens Ricupero
Sergio Foguel
Executive President
Mauricio Medeiros
Odebrecht 2012
Responsible for Communication at Odebrecht
Márcio Polidoro
Responsible for Publications Programs at Odebrecht
Karolina Gutiez
Designed, Written and Published by
Versal Editores
Versal Team
José Enrique Barreiro (Editor-in-Chief), Maria Isabel Borja (Copy-editor),
Eduardo Vilas Boas (Graphic design), Marcos Paulo Ferreira (Managing
Editor), Alice Galeffi (Photo Production), Malu Tavares (Graphic Production)
English Translation
H. Sabrina Gledhill
English Edition Coordinator and Electronic Publishing
Maria Celia Olivieri
Photos
Almir Bindilatti, Bruna Romaro, Carlos Junior, Eduardo Barcellos,
Eduardo Simões, Elena Camargo, Fotofolia, Fernando Maia,
Geraldo Pestalozzi, Holanda Cavalcanti, Julio Bittencourt, Lia Lubambo,
Marcelo Pizzato, Marcos Michael, Murilo Mattos, Nilton Souza,
Ronaldo Guimarães, Tsutomo Sassaki, Ventoen Pereira Jr. e Yann Vadaru
CTP and Printing
Pancrom Indústria Gráfica
Also published in Portuguese and Spanish.
We would like to thank all the Odebrecht Group Members
who helped make this publication possible.
This report is also available in full on:
»»the Odebrecht Group’s website: www.odebrechtonline.com.br/relatorioanual/2012;
»»iPad, using the Odebrecht 2012 app, which can be downloaded free of charge from the App Store;
»»smartphones, by accessing www.odebrecht.com/2012/mobile.