SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
Of Foreign Private Issuer
Pursuant
To Rule 13a-16 Or 15d-16 Of
The
Securities Exchange Act Of 1934
For the
month of March, 2008
Commission
File Number: 001-14950
ULTRAPAR
HOLDINGS INC.
(Translation
of Registrant’s Name into English)
Avenida Brigadeiro Luis Antonio,
1343, 9ºAndar
São
Paulo, SP, Brazil 01317-910
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
ULTRAPAR
HOLDINGS INC.
TABLE
OF CONTENTS
ITEM
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1.
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Notice
regarding Oxiteno investment in sulphating production capacity dated March
6, 2008
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Item 1
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ULTRAPAR PARTICIPAÇÕES
S.A.
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Oxiteno
invests in the expansion of its specialty chemical production capacity
(anionic
tensoactives)
for the detergent and personal care markets
São Paulo, Brazil,
March 06, 2008 – ULTRAPAR PARTICIPAÇÕES S.A. (BOVESPA:UGPA4/NYSE:UGP), a company
engaged in fuel distribution (Ultragaz/Ipiranga), the production of chemicals
(Oxiteno), and in providing integrated logistics solutions for special bulk
cargo (Ultracargo), hereby announces that Oxiteno, the largest producer of
ethylene oxide and its main derivatives in Latin America, besides being a major
producer of specialty chemicals will invest in the expansion of its sulphating
production capacity, aiming at matching its domestic production capacity of
specialty chemicals (anionic tensoactives) to the growth in demand in the
detergent and personal care market.
This is the third
investment carried out by Oxiteno in this segment in less than one year. In
December 2006 Oxiteno began operations in a sulphating and sulphonating unit
located in Suzano (São Paulo). In April 2007, Oxiteno acquired the assets of
Unión Química in San Juan del Río, in Mexico. These investments complement the
structure of the company's production line of anionic tensoactives, also
produced by Oxiteno at its unit at Tremembé (São Paulo).
This new investment
will be made in stages, being the first one scheduled for completion at the
beginning of next year, being concluded by the second half of 2009. The
estimated investment for this project is R$ 20 million, as
part of Oxiteno's larger investment plan of R$ 650 million for 2008 and 2009,
considering organic expansion, which will result in significant volume growth.
This additional production of sulphates will result in a 50% increase in
production levels in this line of products in Brazil.
The expansion in this line of anionic
tensoactives aims at complementing the investments on going in Oxiteno,
specially in the fatty alcohol unit. The new fatty alcohol unit, with
the capacity to produce 100,000 tons/year of vegetable oil, will produce fatty
alcohols which are the raw materials used in the production chain of anionic
tensoactives. In addition to this, Oxiteno has been investing in its
capacity for the production of ethylene oxide and tensoactives in Brazil and
abroad. At the same time, the company has been opening sales offices
outside Brazil, aiming at establishing a closer relationship with customers and
markets.
André
Covre
Chief Financial and
Investor Relations Officer
ULTRAPAR
PARTICIPAÇÕES S.A.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: March
7, 2008
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ULTRAPAR
HOLDINGS INC.
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By:
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/s/
Eduardo de Toledo |
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Name:
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Eduardo
de Toledo
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Title:
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Officer
of Ultrapar
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