Beruflich Dokumente
Kultur Dokumente
2007
Brazil ended 2007 with solid eco-
nomic indicators. Gross domestic
product grew 5.4%, inflation was
kept under control, and the bal-
ance of payments performed out-
standingly. It is also worth noting
a significant improvement in some
key social indicators, such as in-
come distribution and child mortal-
ity, among others.
Given all the above, Promon ended the year with good
reasons to face 2008 optimistically, having amassed sales
of some R$1 billion in 2007 with an equivalent portfolio of
orders for the coming period, and enjoying ample invest-
ment capacity to take advantage of opportunities as they
arise thanks to a solid financial situation, with high liquidity
and low financial debt.
In 2007 work began on a hydrotreatment unit for Petro- Carbocloro, a joint venture between Unipar and Occi-
bras’s Henrique Lage Refinery (Revap) at São José dos Cam- dental Chemical Co., also continued during the year.
Vale is strategic, since today the mining giant is one ture Promon’s partnership with Vale, in a relationship
of the largest players in this value chain on a global that provides the technical assistance required by this
scale. Hence its substantial investment in the develop- client to develop the designs and studies associated
ment of such projects as the Serra Azul iron mine in with several of its investments in Brazil and abroad.
the mineral province of Carajás, Pará, and the entire Among Vale’s cross-border initiatives, it is worth high-
logistical system associated with the export of the ore lighting an iron ore pelletizing plant in Oman in the
produced there. In 2007 Promon signed contracts to United Arab Emirates, for which Promon is supplying
supply conceptual and basic designs for expansion of the basic design as well as support for contracting
the Port of Ponta da Madeira at São Luís, Maranhão, and management. This is a strategic project for Vale to
and engineering project management services for ex- continue supplying the rapidly growing demand from
approved a change in investment policy for both sector. It also hears appeals against rulings by the
plans so as to ensure that their portfolio allocations Ministry of Social Security’s Supplementary Pen-
PDF format version available at Promon promotes recycled paper usage as a commitment
www.promon.com.br to a sustainable society.
Annual Report 2007
Brasil
www.promon.com.br