Glencore will have 90% and Ricolog 10% of the shares of Glen-Rico which, strategically located between Glencore's production units and the port of Paranaguá-PR, will complement the Swiss company's business model in Brazil by providing static capacity of storage and savings in logistical costs for the production flow.
Ricolog will have a modern grain and sugar receiving and storage structure and will benefit from economies of scale, due to the increase in efficiency and volume handled at the terminal.