Founded in 1944, Brazilian family-owned conglomerate Odebrecht focuses on engineering and construction; chemicals and petrochemicals; ethanol and sugar; environmental engineering; oil & gas; energy; real estate ventures; infrastructure; investments and holdings; and transportation and logistics services. Its construction subsidiary, Construtora Norberto Odebrecht (CNO), is the largest engineering and construction company in Latin America. It focuses on large-scale construction projects, including highways, railways, bridges, power plants, tunnels, subways, buildings, port facilities, dams, manufacturing and processing plants, and mining and industrial facilities. The Odebrecht group also holds a 60% stake in local petrochemical company Braskem, the world's third largest producer of polypropylene and the largest chemical company in Latin America producing olefins and polyolefins. Its 29 manufacturing plants - located in Brazil and the United States - have a production capacity of more than 11Mt/y of plastic resins and petrochemical products. In mid-2007 Odebrecht formed, with Japan's Sojitz, renewable energy company ETH Bioenergia to develop an ethanol production business that uses sugar cane as its base. As of 2009, its sugarcane grinding capacity stands at 13.2Mt per harvest. In addition, Odebrecht's basic sanitation division serves about 3 million people in 15 Brazilian cities through water and sewer concessionaires and partnerships with state and municipal sanitation companies. Odebrecht has completed projects worldwide and is active in 14 countries, including Africa, Latin America, the US and Europe.
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