Mahle Metal Leve : Material Fact - Approval of business plan of MBE2 technology
January 18, 2018 at 08:29 pm
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MAHLE METAL LEVE S.A.
C.N.P.J/MF 60.476.884/0001-87
LISTED COMPANY
MATERIAL FACT
We hereby inform the Shareholders that the Board of Directors approved on this date the business plan for the industrialization and commercialization of MBE2 technology, which aim to increase the first generation Ethanol production process. The Company will start this operation directly or through its subsidiary, and, awaits for the year 2018 sales in the amount of R$ 4,9 million and investments of R$ 12,4 million.
Mogi Guaçu, January 18, 2018.
Sérgio Pancini de Sá Investor Relations' Officer
MAHLE Metal Leve SA published this content on 18 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 January 2018 20:29:03 UTC.
Original documenthttp://ri.mahle.com.br/en/documentos/1088-Fato-Relevante-MBE2-Ingles.pdf
Public permalinkhttp://www.publicnow.com/view/0DFEE5D22E05547B32E6C2552ABD9B5F69721614
Mahle Metal Leve SA is a Brazil-based company primarily engaged in the automotive engine parts manufacture. The Companyâs activities are divided into two business segments: Engine components and Filter. The Engine components division produces parts for internal combustion engines and automotive vehicles, such as rings, sensors, rockers, rods, crank arms, bushes, cylinder sleeves, bearing covers, rocker assemblies, crowns, injectors, synchromesh hubs, universal joints, shafts, gears, guides and valve seats, pistons, water and oil pump impellers, gudgeon pins and pulleys. The Filters division manufactures various types of filters, such as fuel, air, oil, cabin and press, used in vehicles, as well as applied in industry, automobile service stations, passenger and cargo transport, earthworks, fishing terminals and farms. The Company is indirectly controlled by Mahle Industriebeteiligungen GmbH.