EBX company
Encyclopedia
EBX is a Brazilian holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 founded by Eike Batista
Eike Batista
Eike Fuhrken Batista , is a Brazilian entrepreneur and president of the EBX Group , which includes five companies that trade on the BOVESPA´s Novo Mercado, a special segment of the São Paulo stock market where enterprises with the highest standards of corporate governance are listed...

 in 1983 and headquartered in Rio de Janeiro
Rio de Janeiro
Rio de Janeiro , commonly referred to simply as Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil, and the third largest metropolitan area and agglomeration in South America, boasting approximately 6.3 million people within the city proper, making it the 6th...

. The companies of the group all have a X in the name.

LLX

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

MD.X

MD.X is a medical center
Hospital
A hospital is a health care institution providing patient treatment by specialized staff and equipment. Hospitals often, but not always, provide for inpatient care or longer-term patient stays....

 located in Rio de Janeiro. The center is considered one of the most modern medical and hospital complexes in Brazil, utilizing the latest technology. The center has 17 different clinical practice areas, a center for diagnostic medicine, medical analysis, laboratory
Medical laboratory
A medical laboratory or clinical laboratory is a laboratory where tests are done on clinical specimens in order to get information about the health of a patient as pertaining to the diagnosis, treatment, and prevention of disease.-Departments:...

, and a department for health and skin beauty.

MMX Miner

MMX Miner is a mining and metal company, founded in 2005. The company its organized into two systems and one subsidiary. Those are the "MMX Corumbá" system, the "MMX Sudeste Mineração" system and the subsidiary "Minera MMX de Chile". Its operations are concentrated in Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

 and Chile
Chile
Chile ,officially the Republic of Chile , is a country in South America occupying a long, narrow coastal strip between the Andes mountains to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far...

. MMX is listed on BM&F Bovespa since 2006 and had borrowed US$ 504 million. Since 2009, they are listed on the Ibovespa index. The Chinese Iron company WISCO holds 21% of the stake in MMX and along with it its the controlling shareholders holds 65% of shares.

OGX

OGX is the largest privately owned Brazilian oil and natural gas company and the second largest Brazilian company in this sector, after Petrobras
Petrobras
Petróleo Brasileiro or Petrobras is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It is the largest company in Latin America by market capitalization and revenue, and the largest company headquartered in the Southern Hemisphere by market...

. Since its inception in July 2007, the company has established a large position in the Brazilian exploration and production of oil and natural gas through the acquisition of a diversified portfolio of blocks and high exploration potential. In June 2008, OGX held its IPO, where they were captured resources in the order of R$ 6.7 billion in a bid 100% primary, becoming the largest ever in Brazil. The funds are intended to campaign for exploration and development of discoveries. Ontario Teachers' Pension Plan
Ontario Teachers' Pension Plan
The Ontario Teachers' Pension Plan , commonly referred to as Teachers, is the organization responsible for administering pensions for public school teachers of the Canadian province of Ontario. The OTPP also invests the plan's pension fund, making it one of the largest and most powerful investment...

 owns 10.7% of company shares. The company is also listed on the Ibovespa index of the BM&F Bovespa.

MPX Energia

MPX Energia is involved in electricity production, including the development of a thermal power plant in Ceará
Ceará
Ceará is one of the 27 states of Brazil, located in the northeastern part of the country, on the Atlantic coast. It is currently the 8th largest Brazilian State by population and the 17th by area. It is also one of the main touristic destinations in Brazil. The state capital is the city of...

, Brazil. In partnership with the American company MDU Resources Group, Inc.
MDU Resources Group, Inc.
MDU Resources Group is a U.S. diversified energy company, with electric and natural gas utility distribution operations in North Dakota, Montana, South Dakota, Wyoming, Minnesota, Washington, and Oregon.-Background:...

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

\

MPX develops mining projects for the extraction of coal, which is the fuel used in some of its thermal units. Therefore, MPX controls a coal mine in southern Brazil, and coal mining rights in Colombia. Although early developments are hired based on coal, MPX plans to diversify its energy, making energy available on other fuels, including natural gas and renewable sources. In the fields of renewable the company has a partnered with Chinese Yingli
Yingli
Yingli also known as Yingli Green Energy Holding Company Limited , which holds the brand Yingli Solar, is a solar energy company and one of the largest vertically integrated manufacturers of photovoltaic solar modules...

, one of the largest company of solar industry in the world - for the development of a pilot plant for solar power generation in the city of Tauá
Tauá
Tauá is a town and municipality in the state of Ceará in the Northeast region of Brazil.-References:...

 in State of Ceará.

MPX has 4 projects from energy sold (UTE Porto de Pecem (Pecem Port) I,II, UTE Porto de Itaqui (Itaqui Port, UTE Serra do Navio), and a portfolio of projects in licensing. They also have coal mining rights in Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...

 and a coal mine in southern Brazil, which will supply the plants of the company. In addition, MPX has with OGX 70% share in 7 exploration blocks with high potential for natural gas in Maranhão
Maranhão
Maranhão is a northeastern state of Brazil. To the north lies the Atlantic Ocean. Maranhão is neighbored by the states of Piauí, Tocantins and Pará. The people of Maranhão have a distinctive accent...

.

Other

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

External links

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