Coamo and Yara explore partnership for Itapoá port terminal to improve agribusiness logistics, efficiency, sustainability, and regional economic development.
Coamo and Yara have entered into a non-binding Memorandum of Understanding (MoU) to explore potential collaboration opportunities connected to a planned port terminal in Itapoá, located in the state of Santa Catarina, Brazil. This agreement represents an early-stage effort to evaluate how both organizations might work together in developing and utilizing the terminal, which is expected to begin construction in 2027 and become operational by 2030. The envisioned facility will primarily handle bulk agricultural commodities, including vegetable solids and fertilizers, with an estimated annual throughput capacity of approximately 9.3 million tons.
According to Airton Galinari, CEO of Coamo, the intention behind this partnership is to assess the feasibility of jointly operating within the port infrastructure. He emphasized that the port is designed to accommodate multiple types of cargo, and its strategic location, favorable maritime conditions, and robust infrastructure present significant advantages. Additionally, the project is being developed with a strong commitment to sustainability, ensuring that environmental standards are upheld while integrating operations with the surrounding region. Galinari noted that collaboration with Yara could unlock new business prospects while reinforcing the overall strength of the project. He also highlighted the broader economic benefits expected for the Itapoá region and the state of Santa Catarina, including job creation, increased income, and regional development.
This initiative underscores the shared strategic vision between Coamo and Yara to enhance the logistics framework supporting Brazilian agribusiness. By improving the movement and distribution of fertilizers and agricultural products, the partnership aims to boost operational efficiency and strengthen competitiveness across the supply chain. The MoU outlines a series of studies that will help both companies identify viable opportunities to optimize logistics flows, particularly in fertilizer distribution, which plays a critical role in agricultural productivity.
From Yara’s perspective, the project aligns with its broader strategy to expand and strengthen its port presence in the region. Marcelo Altieri, president of Yara Brazil, stated that the company is carefully evaluating the initiative as part of its efforts to improve customer service and increase its competitive edge in the market. By potentially participating in the Itapoá terminal, Yara aims to support the growing demands of the agricultural sector while contributing to long-term, integrated logistics solutions.
Overall, the agreement reflects a forward-looking approach by both organizations, focusing on sustainable growth, improved infrastructure, and enhanced supply chain capabilities to support Brazil’s expanding agribusiness sector.
