Welcome to the ABCC NEWS webpage. Find here information about the ABCC, relevant articles to the promotion of bilateral trade and culture and highlights on business opportunities.

Wednesday, 30 May 2007

ABCC in South Australia

On 19th May 2007 the ABCC has opened a branch in Adelaide hosting a cocktail at the CITCSA (Council for International Trade and Commerce SA) attended by the Brazilian Ambassador, his Excellency Mr Fernando de Mello Barreto, Mr Chris Rees(Austrade State Manager SA), Mr Barry Salter (Executive Manager - CITCSA) amongst 60 other guests.
Mrs Cristina Talacko, ABCC president, has delivered a positive speech on the potential opportunities between SA and Brazil specially in sectors as wine export and technology, mining, defense and sport.
Adelaide United Football Club which counts with 2 Brazilian players has supported the function confirming football as an important link for future trade and relations.
The ABCC is represented in SA by Mr Travis Hallen and Ms Stephanie Glue who will host a series of informative seminars in July/August 2007 for South Australian companies on how to do business with Brazil.


From left to right: Travis Hallen (ABCC- SA), Ambassador Fernando de Mello Barreto, Cristina Talacko (ABCC) and Stephanie Glue (Austrade)


From left to right:Barry Salter (CITCSA) , Stephanie Glue (Austrade/ABCC SA), Travis Hallen(ABCC SA), Ambassador Fernando de Mello Barreto , Cristina Talacko (ABCC) and Chris Rees (Austrade).

Brazilian exports reach US$ 3.33 billion in the third week of May 07.

This is the highest surplus recorded in a single week so far this year, and it raised the accumulated surplus for the month to US$ 2.7 billion.
The accumulated surplus for the year stands at US$ 15.69 billion, a 5.8% increase over the US$ 14.83 billion recorded during the same period in 2006. The surplus resulted from total exports of US$ 55.01 billion (+ 19.7%) and of imports equivalent to US$ 39.32 billion (+ 26.4%).
For more information click here and read the article in ANBA website

JBS of Brazil Agrees to Buy Swift & Co for $1.4 Billion

JBS SA, Latin America's biggest meat producer, agreed to buy Swift & Co, the third-largest U.S. beef and pork producer, for US$1.4 billion.
JBS, the Sao Paulo-based owner of Brazil's Friboi meat brand, will acquire all of Swift's assets in the U.S. and Australia.
Swift has four U.S. beef plants and can slaughter about 15,850 heads of cattle a day. The company had sales of US$9.35 billion in the year ended May 28, 2006. Beef sales were US$5.58 billion.
Swift also operates four feedlots producing 198,000 cattle a year. The company has three pork plants and one lamb slaughter facility. It has capacity to slaughter about 44,400 hogs daily. Swift Australia has four beef plants and can slaughter 5,800 animals a day.
For more information click here and read the article in Bloomberg website

TAM Airlines and Lan Chile formed a Commercial Alliance.

This ground breaking agreement, will allow code shares and further joint co-operation initiatives between the two major carriers in South America.
This means that passengers can travel on Lan services between Sydney, Auckland, Santiago and return and combine with the TAM South America Pass and the TAM Brazil Air Pass, for travel within South America and Brazil.
“The lifting of this restriction means those passengers from Australia and New Zealand will now have greatly increased options to travel to Brazil and utilize the TAM passes,” said John Boyd, Regional Manager for TAM Australia.
For more information click here and read the article in e-travel website

Marcopolo is designing the first Brazilian hydrogen-powered bus.

Marcopolo, bus body maker, is one of the most innovative Brazilian companies in the transportation sector. The 57 year-old company develops modern and safe bodies for buses and can to supply personalized orders as the Andare Class model bus, with a removable ceiling, produced to take pilgrims to Mecca and Medina.
The company has been actively participating in the design of the first Brazilian hydrogen-powered bus, which uses hydrogen cells to power an electric engine, for use in the city of São Paulo.
For more information click here and read the article in ANBA website

May: A month of Brazilian musical talents in Australia


This month many Australians witnessed the talent of well known Brazilian musicians starting with Yamandu Costa who opened the Melbourne Jazz Festival on May 11th. The 27-year-old Brazilian seven-string guitar prodigy Costa has been likened to Django Reinhardt and visited Australia for the first time. One of the greatest geniuses of Brazilian music of all times, Yamandu deserves the highest praise. Whenever he is on stage, he fills with joy the most select audience since his impressive performance shows the deep intimacy between Yamandu and his 7-string guitar.
Shortly after Yamandu’s visit, with the support of Monash University and the Council for Australia Latin America Relations (COALAR), two Brazilian musicians, Carlos Galvão the Director of the Escola da Musica da Brasilia, a double bass player and composer, and his brother Luis (Lula), a well-known guitarist and arranger based in Rio, performed in Melbourne and Sydney.
The visit is the second leg of an exchange, the first of which involved two Australian musicians (Doug de Vries, guitarist and Rob Burke, saxophonist and head of jazz studies at Monash) participating in the Curso de Verão at the Escola da Musica in Brasilia. According to Australian Ambassador to Brazil, His Excellency Mr.Peter Heyward, “ the aim of the exchange is to make contacts and explore options for further interchanges in the future, hopefully on an annual basis”.

Finally, The Opera House was taken by the energy of Brazilian singer Marisa Monte, regarded as the most famous exponent of the upbeat style known as Musica Mopular Brasileira, or MPB. Sydney had its first taste of Marisa, with two performances at the Opera House this month.

Australia's Ansell acquires Brazilian condom manufacturer

Ansell Ltd, the world's largest manufacturer of protective gloves and a leading condom maker has acquired Brazil's third largest condom company Fabrica de Artefatos de Latex Blowtex Ltda of Brazil (Blowtex).
Blowtex is a leading player in Brazil's retail condom market which is the fifth largest condom market in the world and around the size of the UK's.
The company has a manufacturing facility near Sao Paulo and currently holds 20 pct of the domestic retail condom market.
For more information click here and read the article in Forbes website

Sadia invests US$ 9.6 million in Paranaguá

Sadia now counts on a wider and more modern refrigerated warehouse in the Port of Paranaguá, in the southern Brazilian state of Paraná. The works, with investments of 19 million Brazilian Reais (US$ 9.6 million), have increased storage capacity from 3,100 tonnes to 8,500 tonnes, an expansion of 170%. The site, according to company technicians, will store a large share of the products exported by Sadia to 60 countries in Latin America, Europe, Asia and the Middle East. The majority of products are produced in Paraná, south of Brazil.
Sadia is one of the main foodstuffs companies in Latin America, and one of the main exporters in Brazil. In the domestic market, the company has a portfolio of roughly 680 items, which it distributes to approximately 300,000 sales points. To the foreign market, the company ships approximately 1,000 products to 114 countries. Sadia first started exporting in the 1960s.
For more information click here and read the article in ANBA website

Biofuels: Brazil wants leading role in G8 summit

As the global leader in the production and use of biofuels, the largest economy in Latin America and eleventh-largest in the world, Brazil intends to lobby for its ethanol at the summit in the German seaside resort.
"I am going to take my little bio-diesel package to the G8," Brazilian President Luiz Inacio Lula da Silva said recently.
Authorities in Brasilia appear convinced that ethanol will not only bring into the country large amounts of welcome cash, but also contribute decisively to efforts to counter climate change on a global scale.
For more information click here and read the article in Monsters and Critics UK website

Chatfeild-Roberts upbeat on Brazil

John Chatfeild-Roberts, a fund of funds manager at Jupiter Asset Management, believes falling interest rates in Brazil mean prospects for the country's booming stock market could still be "very, very good".
Chatfeild-Roberts, who manages around 2 billion pounds in multi-manager assets, said the Findlay Park Latin American fund, which is run by Rupert Brandt and which has exposure to Brazil and Mexico, is one of his top holdings.
"We're excited about Latin America. Mexico and Brazil look extremely interesting, even though we've had a big increase in the Latin American indices," Chatfeild-Roberts said in an interview.
For more information click here and read the article in Reuters(UK) website

Brazil has good wine too!!

Read this interesting article by Fred Tasker at the Post Bulletin (USA) about Brazilian wine.
Click here and read the article

Brazil’s megalopolis and bio-industry impresses international investors.

By Michael Rosen for Wisconsin Technology Network.
Click here and read the article