American Depositary Receipt. ADR is a negotiable certificate issued by a U.S. bank representing a specified number of shares in a foreign stock traded on a U.S. exchange.
Anhydrous Fuel Ethanol
Used as a petrol additive.
Anhydrous Industrial Ethanol
Used in cleaning product formulas, by the chemical industry and for the manufacture of paints and varnishes.
Annual General Meeting (AGM)
A mandatory, public yearly meeting of the general membership of an organization.
Petroleum National Agency of Brazil.
Combined produtivicty index of the sugarcane fields, mesured by kilograms of TRS per hectare.
Raw material used to elaborate mainly lubricants and other products.
Brazilian Depositary Receipt. BDR is a certificate representing shares of foreign companies traded in Brazil.
A type of sweet crude oil that is used as a benchmark for the prices of other crude oils.
Brazilian Settlement and Custody Company.
Securities and Exchange Commission of Brazil. It assures the efficiency and functionality of the market, protects investors, and provides access to appropriate information.
Power generation from sugarcane biomass.
Holders of common shares are typically entlited to one vote per share.
Sugarcane payment system by sucrose content, with voluntary participation, with technical criteria for evaluating the quality of the sugarcane delivered by agricultural producers to industries, which determines the price of this raw material.
Equivalent gas volumes
Otto-cycle volumes adjusted by the calorific power of the Ethanol.
Extraordinary General Meeting (EGM)
EGM is usually called on a short notice and deals with an urgent matter.
“Fair Market Value”
It is an issuance of stock subsequent to the company’s initial public offering.
The portion of its shares that can be publicly traded.
Hydrous Ethanol Fuel
Direct fuel supply for vehicle engines.
Brazilian Standard Hydrous Ethanol
Intended for domestic use and for manufacturing ether.
Japanese Standard Hydrous Ethanol
Intended for the same uses as the Brazilian Standard, but this is a higher quality ethanol, more suited for export.
Korean Standard Hydrous Ethanol
Intended for the same uses as the Brazilian Standard, but this is an intermediate quality ethanol, which is also much in demand for export.
Hydrous Ethanol Hidratado Neutro
Used in the manufacture of alcoholic beverages, this product is obtained by means of a neutral mixture of ethanol and demineralized water, which yields a product of lower alcoholic content than the neutral hydrous ethanol.
International Financing Reporting Standards. IFRS is a set of accounting standards stating how particular types of transactions and other events should be reported in financial statements.
Initial Public Offering. Its the very first sale of stock issued by a company to the public.
It represents the percentage of an industry or market’s total sales that is earned by a particular company over a specified time period.
Sum of gasoline and ethanol volumes.
Generally have a dividend that must be paid out before dividends to common shareholders, and the shares usually do not carry voting rights.
An evaluation of a corporate or municipal bond’s relative safety from an investment standpoint.
Return on Invested Capital.
Securities and Exchange Commission of the United States.
National Syndicate of Fuel and Lubricant Distributors of Brazil.
It gives the minority shareholder the right to join the transaction and sell his minority stake in the company.
Produtivicty index of the sugarcane fields, mesured by Tonnes of Cane per Hectare.
“Total Sugar Recoverable”. Produtivicty index of the sugarcane fields, mesured by kilograms of TRS per tons of sugarcane.
“Very High Polarizated”. Designated for the foreign market, its bulk composition enables customers to transform it into different types of consumable sugars.
To access the conversion table, with the main metrics related to our business, click here.
Last update: March 31, 2020