Brazil Biomass Exports Wood Chips News 2009

BIOMASS AND RENEWABLE ENERGY BRAZIL Hard Wood Chips Paper Biomass Fuel Energy

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

The Company

Brazil Biomass and Renewable Energy an society of production, production, industrialization and export of Wood Chips, Pellets and Briquetting and the development of projects with the use of forest residues for co co--generation of energy associated with a plant to be installed in Santa Catarina. Catarina. The administration of the company shall be held and presided CEO Celso Marcelo de Oliveira Director of International CMO Exports Biomass and Wood Chips and Brazil Biomass and Renewable Energy S.A. VISION OF THE COMPANY. COMPANY. Energy solutions based on biomass and biobio-fuels cleaner and renewable for large national and international companies,, in order to mitigate the impact that their activities have on the environment by reducing emission of greenhouse gases, companies generating earnings in its financial account of energy and the sale of carbon credits, credits, and provide its energy independence not getting the mercy of the oil market. market. BUSINESS MISSION. MISSION. The Brazil Biomass and Renewable Energy mission is to production biomass wood chips and cooperate in the development of projects through sustainable solutions to waste management for a renewable energy and energy efficiency by biomass. biomass. INTERNATIONAL PARTNERSHIP. PARTNERSHIP. In Brazil remains an important institutional partnership with the National Network of biomass in Portugal with the Portuguese Society of Energy, Energy, with EUBIA in Europe and the United States with American Renewable Energy. Energy. We maintain a technical exchange with the Renewable Energy and Energy Efficiency Partnership * Accelerating the Deployment of Renewable Energy Technologies:: Regional Report from the Renewable Energy and Energy Efficiency Partnership * The World Bank Group - Accelerating Clean Technologies Energy Technology Innovation Pellet Fuels Institute * * Biomass Heating Fuels : Low Hanging Fruit for Carbon Emissions and Energy Independence * Renewable Energy: Energy: Electricity and Biofuels in Latin America and the Caribbean * Natural Resources Canada - An Overview of Renewable Energy Industry Canada's National Renewable Energy Laboratory * International Renewable Energy Alliance International Energy Agency Innovative Approaches to the Renewable Electricity System Integration of Global Bioenergy Partnership * German Renewable Energy Federation European Renewable Energy Council - Renewable energy policy in Europe - 20% 20% by 2020 * New Energy Future Coalition Alliances for a New Energy Future * Business Council for Sustainable Energy - Industry Perspectives on How the Carbon Market Can Promote Deployment of Clean Energy Technologies. Technologies.

Brazil Biomass and Renewable Energy 570, Candido Hartmann, 24 – 243 Champagnat Curitiba Paraná Phone 55 41 33352284 55 41 88630864 Skype celso.marcelo.de.oliveira – e-mail [email protected] URL:http://www.internationalrenewablesenergy.com 2

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Board of Directors BRASIL BIOMASS AND RENEWABLE ENERGY President CEO Dr. Dr. Celso Marcelo de Oliveira Dra.. Maria Denise Martins de Oliveira Dra INTERNATIONAL CMO EXPORTS BIOMASS AND WOOD CHIPS BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A. BINTEX TRADING LTDA PIER TRADING LTDA BMLOG LOGISTICA INTERNACIONAL LTDA HDO ARMAZENS GERAIS LTDA GPORT DESPACHOS ADUANEIROS LTDA MADEIREIRA RESCAROLLI LTDA MADEIREIRA LUDGERO LTDA INDUSTRIA DE COMPENSADOS SUDATI LTDA INDUSTRIA DE COMPENSADOS GUARARAPES LTDA ARACRUZ INDUSTRIA DA MADEIRA S. A. FUMIDEX E DEDETIZAÇÃO LTDA TOMAZ EMPREENDIMENTOS LTDA

Brazil Biomass and Renewable Energy 570, Candido Hartmann, 24 - 243 Champagnat Curitiba Paraná Phone 55 41 33352284 55 41 88630864 Skype celso.marcelo.de.oliveira URL:http://www.internationalrenewablesenergy.com E-mail Brasil: [email protected] 3

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Brazilian Association Industry Biomass

A group of leading biomass companies in Brazil formed the Brazilian Association of Industry Biomass and Renewable Energy or Biomass Thermal Energy Council dedicated to advancing the use of biomass for heat and other thermal energy applications. The founding members of ABIB include biomass fuel producers, appliance manufacturers and distributors, and supply chain companies that represent the breadth of interests in the fast growing biomass thermal energy industry. Most of the woody biomass-to-energy plants Brazil Biomass use direct-fired system or conventional steam boiler, whereby biomass feedstock is directly burned to produce steam leading to generation of electricity. In a direct-fired system, biomass is fed from the bottom of the boiler and air is supplied at the base. Hot combustion gases are passed through a heat exchanger in which water is boiled to create steam. The administration of the company shall be held CEO Celso Marcelo de Oliveira Managing Director of International CMO Exports Biomass and Wood Chips and Brazil Biomass and Renewable Energy S.A and President Brazilian Association of Industry Biomass and Renewable Energy.

Briquette Pinus: Pinus: 26 Industry Brazil - Production Year : 200.000 ton. Briquette Eucalyptus:10 Industry BrazilBrazil-Product. Year:80.000 ton. Briquette Bagasse Cane:04 Industry BrazilBrazil-Prod. Year: 36.000 ton. Agro--Briquette: 02 Industry Brazil - Production Year : 80.000 ton. Agro Pellets Eucalyptus:03 Industry Brazil -Production Year:60.000 ton. Pellets Pinus : 16 Industry Brazil - Production Year : 130.000 ton. Pellets Bracatinga :01 Industry BrazilBrazil-Production Year:48.000 ton. Pellets Bagasse Cane :01 Industry BrazilBrazil-Prod. Year:24.000 ton. Wood Chips Eucalyptus: Brazil BiomassBiomass-Prod. Year: 400.000 ton. Wood Chips Eucalyptus:28 Industry BrazilBrazil-Prod. Year:1.000.000 t Wood Chips Eucalyptus Energy:19 Industry Prod. Year:900.000 t Wood Chips Acácia: Acácia: 02 Industry BrazilBrazil-Prod. Year: 600.000 ton. Wood Chips Pinus: Pinus: 96 Industry Brazil - Prod. Year: 4.000.000 ton. Wood Chips Energy: 145 Industry Brazil - Prod. Year:4.000.000 4

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Biomass Wood Chips

Wood chips and other low low--grade wood wastes are the major type of biomass fuel. fuel. Other common biomass fuel sources are agricultural. agricultural. WoodWood-chips are cut according to the sizes ordered by the buyers and they are dishydrated through. through. Wood residues from pulp and paper manufacturing, lumber mills, and other industrial wood users are frequently used for producing biomass electricity. electricity. Hundreds of biomass fuel systems are currently at work in different parts heating schools, government complexes, and entire city downtowns, as well as producing renewable electricity. electricity. Biomass is a renewable fuel that can be sustainably produced. produced. Biomass fuel is a local product. product. In contrast to coal or petroleum--based fuel, biomass is grown and harvested on local and regional forests and farms. petroleum farms. Energy dollars spent on biomass fuel stay in the regional economy, creating jobs and supporting forestry and agriculture. agriculture. Biomass fuel prices are generally lower and more stable. stable. Wood Chip is readily available and cheaper than mains gas and oil. oil. Wood Chip is a renewable energy source. source. Wood Chip combustion is carbon neutral. neutral. Wood Fuel heating systems can be fully automated. automated. Wood Fuel heating systems convert 90% 90% of the fuel into usable heat energy. energy. The South has the most dense woodland in Brazil. Brazil. 75% 75% of all woodland in the South Brazil is privately owned which could lead to alternative revenue sources sources.. This produces a fuel which can be burnt efficiently, is not too dusty and stores without excessive selfself-heating or loss of dry matter.. matter The advantages of wood chip are are:: • it is cheap, often as cheap as logs and now cheaper than mains gas gas;; • it is a standardised product with Europe wide quality standards in place; place; • fully automated, highly efficient boiler systems are available; available; • it can be made from a wide range of raw materials, often sourced locally. locally.

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HARD WOOD CHIPS PAPER EUCALYPTUS

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Hard Wood Chips Eucalyptus

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Hard wood Wood Chips Eucalyptus Paper Brazil Wood Species

Eucalyptus Saligna and Grandis - Pinus

Place of Origin

Brazil

Certification

SGS International and Alex Stewart

Calorific Power

4.927 Kcal/Kg

Dimensions of Wood Chips

28.6mm - (Oversize) not more than 5.0 % - 4.8mm - 28.6mm, not less than 91.0 % - 9.5mm - 22.2mm, not less than 55.0 % - 4.8mm (Dust), not more than 4.0

Dimensions of Wood Chips

Size Distribution: 28.6mm~(over size) Not more than 5% 4.8mm~28.6mm Not less than 90% - 9.5mm~22.2mm Not less than 55% 4.8mm~(under size) Not more than 5%

Energy Output

Wet Basis 2,324 to 3,726 MWh/Ton - Dry Basis 5,229 to 5,811 MWh/Ton

Chemical Composition

Oxygen Approx. 47% - Hydrogen Approx. 5,8% - Nitrogen Approx. 0,3% - Sulphur Less 0,003% - Chlorine Less than 0,1% - Carbon. 52%

Extractives

Approx. 11,0% PH Approx. 5,7%

Lignin

Approx. 25,8% Polvoses Approx. 16,3%

Cellulose

86,4% Pulping de Kraft

Volatiles

Approx. 13% Volatile Matter 70.55% % to 84.96% 7

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Hard Wood Chips Eucalyptus

Fixed Carbon

12.06% to 14.52%

Ash content

0,35% Sand Maximum 0,1%

Bark

More than 1.0 – 3.0 %

Moisture Content

12/18% max

Max. Chip Size

No more than 5% shall be 4 inches or larger in any dimension

Specifications for wood chips

The fuel specifications and classes for all solid biofuels are set out in CEN/TS 14961:2005, which defines certain parameters and property classes.. Fuel quality is set out in IS CEN TS 14961:2005 Solid Biofuels – Fuel Specifications and Classes.

Production Quantity

30,000 MT/Month and 360,000 MT/Year with possible to 500,000 MT/Month South Brazil

The Premium Wood Chips Brazil is produced within the techniques of The European Committee for Standardization, CEN (TC335 (TC335) 335). Our product is within the technical specifications being developed deal with classification and specification (CEN / TS 14961) 14961) and quality assurance for solid biofuels (CEN / TS 15234) 15234). Normative specifications for wood chips: chips: Origin - Particle size (P16 (P16/P /P45 45/P /P63 63/P /P100 100)) - Moisture content (M20 (M20/M /M30 30/M /M40 40/M /M55 55/M /M65 65)) Ash content (A0 (A0.7/A /A1 1.5/A /A3 3.0/A /A6 6.0/A /A10 10..0) Normative specifications for chemically handled wood or used wood: wood: Nitrogen (N0 (N0.5/N1 /N1.0/N3 /N3.0/N3 /N3.0+) Informative specifications for wood chips include include:: Net energy content (lower heating value (LHV)) as MJ/kg or kWh/m3 kWh/m3 loose - Bulk density in kg/m kg/m3 3 loose - Chlorine content (Cl0 (Cl0.03/Cl 03/Cl0 0.07/Cl 07/Cl0 0.10/Cl 10/Cl0 0.10+) 10+) - Nitrogen (N0 (N0.5/N1 /N1.0/N3 /N3.0/N3 /N3.0+) Many other properties may also be specified, including concentrations of many other elements and volatile matter and ash melting. melting. 8

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SGS Hard Wood Chips Eucalyptus

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SGS Hard Wood Chips Brazil Biomass

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Test Report IPT/USP Wood Chips Eucalyptus

TEST REPORT No. 960 100100-2009 Brazil Biomass and Renewable Energy S.A Raw Eucalyptus wood chips (grandis (grandis and Eucalyptus saligna) saligna) Origin: Brazil. Received on 01/07/2009 and identified in laboratory and LCL 467/09. Approximate amount: 2.000 g METHODS USED Moisture, NBR 8112/86 "Immediate Review (CMQ(CMQ-LCLLCL-PE PE--M070). Equipment: Analytical balance, cod.: 83,823. Validity of calibration: jul jul/2010. /2010. Stove, cod.: 4174. Validity of calibration: jul jul/2010. /2010. NBR 8112/86 - Instant Analysis - 4.3 " (CMQ(CMQ-LCL LCL--PE PE--011). Equipment: Analytical balance, cod.: 35,586. Validity of calibration: jun jun/2010 /2010 Furnace, cod.: 30,802. Validity of calibration: abr/2010. abr/2010. Carbon, Hydrogen and Nitrogen, ASTM D 53735373-07 "Standard Test Methods for Instrumental Determination of Carbon, Hydrogen and Nitrogen in Laboratory Samples of Coal and Coke" (CMQ(CMQ-LCLLCL-PE PE--017). Equipment: Analyzer Carbon, Hydrogen and Nitrogen, cod.: LCL 002, calibrated before the test performance. Analytical balance, cod.: LCL 003. Validity of calibration: jan jan/2010. /2010. Sulfur, ASTM D 42394239-04th "Standard Test Methods for Sulfur in the Analysis Sample of Coal and Coke Using High Temperature Tube Furnace Furnace Combustion Method" - Method C (CMQ(CMQ-LCLLCL-PE PE--028). Equipment: Sulfur Analyzer, cod.: 33805, calibrated before the test performance. Balance AM, cod.: 33,510. Validity of Calibrati Calibration: on: jan jan/2010. /2010. Calorific value, ASTM D 58655865-04 "Standard Test Methods for Gross Calorific Value of Coal and Coke" (CMQ(CMQ-LCLLCL-PE PE--041). Equipment / Instruments: adiabatic calorimetry, calorimetry, cod.: 21354 Bomb calorimetry calorimetry,, cód cód.: .: 8357. Validity of Calibration: jul jul/2010. /2010. No material received: Moisture: 3.1 - 18 % ± 4% In the dry material: Gray 3.2 -% 1.2% Hydrogen - 6%, 1% ± 0.2 Sulfur - 0.013% Calorific value - kcal / kg higher than 4537.2 ± 238.8 Below 4298.4 ± 238.8 São Paulo, 01 July 2009

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Analysis LBF/UFPR Wood Chips Eucalyptus

RESULTS OF ANALYSIS BRAZIL BIOMASS AND RENEWABLE ENERGY SA 570, Candido Hartmann, 24 243 Champagnat Curitiba Paraná Brazil A / C Celso Marcelo de Oliveira EE-mail: [email protected] Phone: 41 333333-2284 - 41 88630864 IMPLEMENTATION: LABORATORY OF BIOMASS ENERGY (EBL) SECTOR OF AGRICULTURAL SCIENCES FEDERAL UNIVERSITY OF PARANA BRAZIL PROF. DR. DIMAS AGOSTINHO DA SILVA Curitiba, July 2009 OBJECTIVE: Analyze biomass to produce thermal energy. The parameters determined were moisture, chemical composition (the content of volatil volatiles, es, fixed carbon and ash) and calorific value. RAW : Eucalyptus chips ORIGIN: Brazil METHODOLOGY: •Moisture: As the standard of ABNT NBR 7993. • Chemical Composition (volatiles, fixed carbon and ash): As the ABNT standard NBR 8112 • Calorific value (upper and lower): As the ABNT standard NBR 8633 RESULTS TABLE - RESULTS FOR AVERAGE PARAMETERS ASSESSED

PARAMETERS

UNIT

VALUES

STANDARDD

REPLICAT

Moisture Dry Basis

%

18,44

1,97

3

Volatiles

%

80,39

1,29

3

Fixed Carbon

%

19,10

1,22

3

Ash Content

%

0,61

0,09

3

Gross Calorific Value Dry

Kcal/Kg

49,01

107

4

Lower Calorific Value Dry

Kcal/Kg

4577

105

4

Calorific Useful Wet* Wet*

Kcal/Kg

3780

123

4

•Refers to the calorific value considering the moisture content in dry basis of 18.44% Prof. Dr. Dimas Agostinho da Silva Responsável pelo Laboratório de Energia de Biomassa (LEB) Departamento de Engenharia e Tecnologia Florestal Universidade Federal do Paraná Av. Lothário Meissner, Meissner, 900 - Jardim Botânico 12

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Exports Wood Chips Eucalyptus

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Hard Wood Chips Eucalyptus

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HARD WOOD CHIPS PAPER PINUS

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Hard Wood Chips Pinus

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Hard wood Wood Chips Pinus Paper - MDF Brazil Wood Species

Pinus

Place of Origin

Brazil

Certification

SGS International and Alex Stewart

Calorific Power

4.847 Kcal/Kg

Dimensions of Wood Chips

Codification 50 mm or more Averange 6,66% - Chips Codification 37,5 a 50 mm Averange 10,81% - Chips Codification 25 a 37,5mm Averange 32,02% - Chips Codification 12,5 a 37,5 mm Averange 33,27% - Chips Codification 6,3 a 12,5 mm Averange 14,48% - Chips

Dimensions Sawdust

Codification 0,25 a 6,3 mm Averange 2,78% - Sawdust

Energy Output

Wet Basis 2,324 to 3,726 MWh/Ton - Dry Basis 5,229 to 5,811 MWh/Ton

Chemical Composition

Oxygen Approx. 47% - Hydrogen Approx. 5,8% - Nitrogen Approx. 0,3% - Sulphur Less 0,003% - Chlorine Less than 0,1% - Carbon. 52%

Extractives

Approx. 11,0% PH Approx. 5,7%

Lignin

Approx. 25,8% Polvoses Approx. 16,3%

Cellulose

75,4% Pulping de Kraft

Volatiles

Approx. 13% Volatile Matter 70.55% % to 84.96%

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Fixed Carbon

12.06% to 14.52%

Ash content

0,35% Sand Maximum 0,1%

Bark

More than 1.0 – 3.5 %

Moisture Content

20/28% max

Max. Chip Size

No more than 5% shall be 4 inches or larger in any dimension

Specifications for wood chips

The fuel specifications and classes for all solid biofuels are set out in CEN/TS 14961:2005, which defines certain parameters and property classes.. Fuel quality is set out in IS CEN TS 14961:2005 Solid Biofuels – Fuel Specifications and Classes.

Production Quantity

15,000 MT/Month and 180,000 MT/Year with possible to 300,000 MT/Month South Brazil

The Premium Wood Chips Brazil is produced within the techniques of The European Committee for Standardization, CEN (TC335 (TC335) 335). Our product is within the technical specifications being developed deal with classification and specification (CEN / TS 14961) 14961) and quality assurance for solid biofuels (CEN / TS 15234) 15234). Normative specifications for wood chips: chips: Origin - Particle size (P16 (P16/P /P45 45/P /P63 63/P /P100 100)) - Moisture content (M20 (M20/M /M30 30/M /M40 40/M /M55 55/M /M65 65)) Ash content (A0 (A0.7/A /A1 1.5/A /A3 3.0/A /A6 6.0/A /A10 10..0) Normative specifications for chemically handled wood or used wood: wood: Nitrogen (N0 (N0.5/N1 /N1.0/N3 /N3.0/N3 /N3.0+) Informative specifications for wood chips include include:: Net energy content (lower heating value (LHV)) as MJ/kg or kWh/m3 kWh/m3 loose - Bulk density in kg/m kg/m3 3 loose - Chlorine content (Cl0 (Cl0.03/Cl 03/Cl0 0.07/Cl 07/Cl0 0.10/Cl 10/Cl0 0.10+) 10+) - Nitrogen (N0 (N0.5/N1 /N1.0/N3 /N3.0/N3 /N3.0+) Many other properties may also be specified, including concentrations of many other elements and volatile matter and ash melting. melting. 17

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Technician Report Energy Analysis Wood Chips Pinus Paper – MDF Brazil Biomass

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WOOD CHIPS BIOMASS FUEL ENERGY

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Biomass Energy Wood Chips

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Biomass Energy Wood Chips Wood Species

Eucalyptus or Pinus

Place of Origin

Brazil

Certification

SGS and Alex Stewart test report or FSC Wood

Calorific Power

4.627 Kcal/Kg

Dimensions of Wood Chips

28.6mm - (Oversize) not more than 5.0 % - 4.8mm - 28.6mm, not less than 91.0 % - 9.5mm - 22.2mm, not less than 55.0 % - 4.8mm

Analyses Energy Laboratory

The analyses had been doing at the Energy Laboratory. For the determination of the moisture content, the stoichiometric method was used. The results are presented in the green base. The granulometry was determined by method developed in the Energy Laboratory. Ash in wood was determinated by TAPPI T211 Standard and gross and net calorific value by DIN 51900 Standard. Moisture content, ash, gross calorific value and net calorific value in wood. Moisture content 40% Gross calorific value 4727 The ideal moisture content is equal or lesser that 30% and greaters that 60% are undesirable. The ash content is low, compatible with the usual values of the wood. The gross calorific value is compatible with the values observed for wood, that are between 4500 the 4600 kcal/kg. The net calorific value must be greater that 1200 kcal/kg to have satisfactory performance in burners with grate. 87,24% of material have chips dimensions. Materials for use in burners with grate system must have lesser percentage 30% of material with sawdust dimensions. It shows that the material have adequadet dimensions for burners systems with grates. The energy characterization of the material shows that the results of the ash, gross calorific value and granulometry are adequated. The material can be used in the generation of energy, in systems of burners with grates (fixed or mobile stream beds)

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Energy Output

Wet Basis 2,324 to 3,726 MWh/Ton - Dry Basis 5,229 to 5,811 MWh/Ton

Chemical Composition

Oxygen Approx. 49% - Hydrogen Approx. 6,8% - Nitrogen Approx. 0,5% - Sulphur Less 0,005% Chlorine Less than 0,2% - Carbon. 55%

Extractives

Approx. 13,0% PH Approx. 5,9%

Lignin

Approx. 29,8% Polvoses Approx. 18,3%

Cellulose

66,4% Pulping de Kraft

Volatiles

Approx. 15% Volatile Matter 72.55% % to 86.96%

Fixed Carbon

14.06% to 16.52%

Ash content

0,55% Sand Maximum 0,4%

Bark

More than 4.0/5,0 %

Moisture Content

28/30% max

Max. Chip Size

No more than 5% shall be 4 inches or larger in any dimension

Specifications for wood chips

The fuel specifications and classes for all solid biofuels are set out in CEN/TS 14961:2005, which defines certain parameters and property classes.. Fuel quality is set out in IS CEN TS 14961:2005 Solid Biofuels – Fuel Specifications and Classes.

Production Quantity

30,000 MT/Month and 360,000 MT/Year with possible to 500,000 MT/Month South Brazil

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Test Report IPT/USP Wood Chips Pinus

TEST REPORT No. 970 100100-2009 Brazil Biomass and Renewable Energy S.A Raw Pinus wood chips Origin: Brazil. Received on 01/03/2009 and identified in laboratory and LCL 467/08. Approximate amount: 400 g METHODS USED Moisture, NBR 8112/86 "Immediate Review (CMQ(CMQ-LCLLCL-PE PE--M070). Equipment: Analytical balance, cod.: 83,823. Validity of calibration: jul jul/2010. /2010. Stove, cod.: 4174. Validity of calibration: jul jul/2010. /2010. NBR 8112/86 - Instant Analysis - 4.3 " (CMQ(CMQ-LCL LCL--PE PE--011). Equipment: Analytical balance, cod.: 35,586. Validity of calibration: jun jun/2010 /2010 Furnace, cod.: 30,802. Validity of calibration: abr/2010. abr/2010. Carbon, Hydrogen and Nitrogen, ASTM D 53735373-07 "Standard Test Methods for Instrumental Determination of Carbon, Hydrogen and Nitrogen in Laboratory Samples of Coal and Coke" (CMQ(CMQ-LCLLCL-PE PE--017). Equipment: Analyzer Carbon, Hydrogen and Nitrogen, cod.: LCL 002, calibrated before the test performance. Analytical balance, cod.: LCL 003. Validity of calibration: jan jan/2010. /2010. Sulfur, ASTM D 42394239-04th "Standard Test Methods for Sulfur in the Analysis Sample of Coal and Coke Using High Temperature Tube Furnace Furnace Combustion Method" - Method C (CMQ(CMQ-LCLLCL-PE PE--028). Equipment: Sulfur Analyzer, cod.: 33805, calibrated before the test performance. Balance AM, cod.: 33,510. Validity of Calibrati Calibration: on: jan jan/2010. /2010. Calorific value, ASTM D 58655865-04 "Standard Test Methods for Gross Calorific Value of Coal and Coke" (CMQ(CMQ-LCLLCL-PE PE--041). Equipment / Instruments: adiabatic calorimetry, calorimetry, cod.: 21354 Bomb calorimetry calorimetry,, cód cód.: .: 8357. Validity of Calibration: jul jul/2010. /2010. No material received: Moisture: 3.1 - 25 % ± 4% In the dry material: Gray 3.2 -% 1.2% Hydrogen - 6%, 1% ± 0.2 Sulfur - 0.013% Calorific value - kcal / kg higher than 4537.2 ± 238.8 Below 4298.4 ± 238.8 São Paulo, 15 March 2009

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BRAZIL BIOMASS Phyto – Fumigation -

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Wood Chips Phitossanitary Certificate

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Wood Chips Phitossanitary Certificate

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Wood Chips Phitossanitary Certificate

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Wood Chips Phitossanitary Certificate

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PARTNER BUSINESS BRAZIL BIOMASS ARACRUZ WOOD

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PARTNER BUSINESS BRAZIL BIOMASS GUARARAPES WOOD

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PARTNER BUSINESS BRAZIL BIOMASS SUDATI WOOD

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BRAZIL BIOMASS

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Forest Eucalyptus

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Logs Eucalyptus

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Industrial Wood Chips

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Industrial Wood Chips

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Wood Chips Brazil Biomass

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Wood Chips Brazil Biomass

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Wood Chips Brazil Biomass

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Wood Chips Brazil Biomass

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Storage

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Storage

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Storage Wood Chips

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Drying System for Container

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Port Brazil

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BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Transported Container

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Transport Bulk Ship

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Full Corporate Offer

We, Brazil Biomass and Renewable Energy and Celso Marcelo de Oliveira acting with full corporate responsibility with full responsibility and authority under penalty of perjury, hereby have pleasure to confirm our readiness, hereby submit our formal FULL CORPORATE OFFER to purchase the following goods. goods. By signing, we state with full legal responsibility that we are ready, willing and able to purchase the raw woodwood-chips commodity as illustrated below and are the legal signatory with full corporate power to produce the acceptable banking instruments to activate a valid sales contract with a Prime International Bank. Bank. After receipt of signed and sealed Letter of Intent, or signature of Acceptance of the FCO, parties will provide the following: following: Contract of Sale from the Seller to the Buyer, Buyer signs and seals Contract of Purchase Buyer opens a Banking Guarantee or Bank Capability Letter to be submitted at the Seller’s approval. approval. Seller delivers first shipment as per the shipping schedule established in the Contract. Contract. Buyer’s Coordinates: Coordinates: Company Name: Name: Address: Address: Country: Country: Telephone N: Fax N: Name of Signatory: Signatory: Title of Signatory Chips means the wooden product derived from Southern Eucalyptus produced from SELLER’s plantation, produced at SELLER’s chipping Mill for sale to BUYER Brasil Biomass in accordance with the conditions herein. herein. DÓLAR, will be the payment currency TON, and the Tn abbreviation and/or ton, means one long ton equivalent to 1000 kg (kilograms) CARGO PORT ITAJAI/NAVEGANTES/IMBITUBA SC, means any port of Brazil where the Seller will load the Biomass . PORT OF DESCHARGE, means the port to be utilized by the BUYER for the discharge of the goods and will be indicated by the Buyer for the entire Contract period of the unloading logistic . Vessel means the ship, which shall be fitted, for the transport of Chips. Chips. Year means calendar year in the period commencing with January 1st and ending with December 31st 31st in each year. year. Gross Gren Weight means the weight of woodchips in its natural wet state in MT. MT. Discrepancy means the difference of the two invoice values which is calculated according to moisture content tests performed by SGS surveyor company. company. Trial means the woodchips load of first vessel which is purchased from SELLER in order to test the quality of the contract products. products. 59

BRASIL BIOMASSA E ENERGIA RENOVÁVEL S.A.

Full Corporate Offer

TERMS CONTRACT: CONTRACT: SHIPMENTS TOTAL QUANTITY WOOD CHIPS: CHIPS: TERMS OF PAYMENT. PAYMENT. The Letter of Credit Stand By shall be opened for the whole (100%) price of the single shipment. eighty (100) per cent of the invoice amount shall be payable at sight against surrender of the shipment documents herein below listed, 05 days after the Bill of Lading date. Clean on board ocean Bill of Lading in three originals. Seller’s commercial invoice in three originals. Draft Survey report issued at loading port in one original and one copy. Certificate of Fumigation in one original and one copy. Certificate of Origin in one original and one copy. Certificate of Analysis in one original and one copy. Insurance certificate (CIF). Letter issued by Department of Agriculture authorizing fumigation certificate. The Buyer shall send the Measurement Certificate and Tally Report issued by SGS at discharging port. The Letter of Credit should be opened by the Buyer 15 calendar days in advance to the Estimated Time of Arrival (ETA) of the vessel to the shipment port Brazil, and the seller or seller’s shipping Agent shall provide exact Shipping Advice including Vessel Name, departure date, estimated date of arrival, with proforma invoice indicate product, quantity and price. PACKING: PACKING: Bulk or Container MARKING: MARKING: To be agreed on contract

PRICE BRAZIL BIOMASS 2009

HARD WOOD CHIPS EUCALYPTUS HARD WOOD CHIPS PINUS BIOMASS WOOD CHIIPS ENERGY

FOB BRAZIL (USD BDMT)

CIF ROTHERDAM HAMBURG

CIF ENGLAND SPAIN PT ITALY

CIF USA CANADA

CIF CHINA KOREIA JAPON

US 90,00 BDMT

US 16 160,00 0,00 BDMT

US 165,00 165,00 BDMT

US 165,00 165,00 BDMT

US 17 170,00 0,00 BDMT

US 85 85,00 ,00 BDMT

US 155,00 155,00 BDMT

US 160,00 160,00 BDMT

US 16 160,00 0,00 BDMT

US 165,00 165,00 BDMT

US 80,00 BDMT

US 15 150,00 0,00 BDMT

US 155,00 155,00 BDMT

US 155,00 155,00 BDMT

US 16 160,00 0,00 BDMT

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