Form
6-K
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 July, 2008
Commission
File Number: 001-14950
ULTRAPAR
HOLDINGS INC.
(Translation
of Registrant’s Name into English)
Avenida Brigadeiro Luis Antonio,
1343, 9º Andar
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 expansion to its acetate production unit dated July 25,
2008
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ULTRAPAR PARTICIPAÇÕES
S.A.
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Oxiteno
Announces Expansion to Its Acetate Production Unit
São Paulo, Brazil,
July 25, 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
specialty chemicals in Latin America, is investing in a new acetate unit at Mauá
(SP). The object of this investment is to increase the supply of solvents and
strengthen the company's leading position in the solvent market, throughout
Mercosur.
Through this unit
Oxiteno will be expanding its portfolio of products, adding new acetates to its
product line, expanding its production capacity with an additional volume of
40,000 tons/year, more than doubling production capacity of this product line in
Brazil. This unit is expected to start operations in the second half of 2009,
and will strengthen Oxiteno's position as a significant supplier of raw
material to the resin, paint, varnish and thinners markets, which have been
growing strongly as a result of the growth in the automotive, building and
packaging sectors.
Increasing its
acetate production capacity is one of the initiatives that Oxiteno has been
taking with the aim of increasing its market share. The investment budget has
been estimated at R$ 51 million, and forms part of the company's 2008 and 2009
investment plan, estimated at R$ 650 million, which will significantly expand
production volumes - with higher sales both in Brazil as well as other countries
where the company has operations. In addition to solvents, it is also planned to
increase the production capacity of ethylene oxide, ethoxilates, ethanolamines,
as well as the building of a new oleochemicals plant.
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: July
28, 2008
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ULTRAPAR
HOLDINGS INC.
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By:
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/s/
André Covre
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Name:
André Covre
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Title: Chief
Financial and Investor Relations Officer
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(Oxiteno
Expansion)