Petrobras takes full control of Logum Logistics for R$620 million, strengthening its biofuel network.
The Petrobras made a significant step in expanding its presence in the biofuels sector by finalizing an agreement to acquire the remaining 70% of Logum Logistics S.A., a transaction totaling R$620 million. With this move, the state-owned company now holds 100% of the firm, consolidating its position in controlling one of the country’s most important ethanol pipeline corridors.
The purchase of the 30% owned by Raízen Energia, 30% by Copersucar and 10% by Uniduto Logistics is strategic and aims to integrate Logum’s pipeline network with Petrobras’s refining and port terminal assets. This action reinforces the state-owned company’s commitment to diversifying its portfolio toward low‑carbon and renewable energy sources, in line with its strategic plan.
Integration and Synergies in the Logistics Network
Acquiring the entirety of Logum Logistics aligns with the substantial growth in Brazil’s domestic biofuel production, especially corn‑based ethanol from the Central‑West region. Integrating Logum’s pipeline infrastructure with Petrobras’s network and terminals primarily seeks to unlock operational synergies and increase efficiency in liquid bulk movement.
Logum’s network, spanning over 1,000 kilometers of pipelines, operates key terminals in Uberaba (MG), Ribeirão Preto (SP) and Paulínia (SP). This infrastructure is vital for transporting production from the main sugar‑cane and corn hubs to major consumer centers such as the São Paulo metropolitan area and Rio de Janeiro.
A Petrobras spokesperson said:
Integrating Logum allows us to optimize our biofuel value chain, ensuring greater efficiency and reducing logistical costs in a rapidly expanding market.
The representative highlighted the potential for operational gains.
Focus on Sustainability and Energy Efficiency
The transfer of 70% of Logum will occur in three installments: R$ 300 million at the closing of the deal, followed by two payments of R$ 160 million at 12 and 24 months after completion, with the usual price adjustments. The transaction, in addition to strengthening biofuel logistics, contributes to the decarbonization of transportation. The pipeline mode is widely recognized as more energy‑efficient and has a significantly lower emissions footprint compared to road transport.
Data indicate that moving 1 million cubic meters annually through pipelines can avoid the daily circulation of about 80 trucks on highways. In the 2025‑2026 crop year, Logum moved approximately 5 million cubic meters of products, demonstrating the scale of its operation and the positive environmental impact of its activity.
The completion of the acquisition, however, still depends on the fulfillment of several preliminary steps, including competition analysis and formal approval by the Administrative Council for Economic Defense (CADE).