FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For the
month of August, 2008
Commission
File Number: 1-33659
COSAN
LIMITED
(Translation
of registrant’s name into English)
Av.
Juscelino Kubitschek, 1726 – 6th
floor
São
Paulo, SP 04543-000 Brazil
(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
COSAN
LIMITED
TABLE OF
CONTENTS
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1.
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Press
Release dated August 14, 2008 announcing an electric power trading
agreement between Cosan S.A. Indústria e
Comércio
("Cosan"), a subsidiary of the registrant and CPFL Comercialização Brasil
S.A.
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2.
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Press
Release dated August 14, 2008 announcing that Cosan's subsidiaries Barra
Bioenergia S.A. and Cosan Centroeste S.A. Açúcar e Álcool were winners at
the 1st
Reserve Energy Auction.
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3.
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Press
Release dated August 14, 2008 announcing the acquisition of class A common
shares of the registrant, increasing the acquiring entity's interest in
Cosan to 7.57% of its common
shares.
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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.
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COSAN
LIMITED
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Date:
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August
15, 2008
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By:
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/S/
Paulo Sérgio de Oliveira Diniz
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Name:
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Paulo
Sérgio de Oliveira Diniz
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Title:
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Chief
Financial Officer and Investors Relations Officer
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Notice
to the Market
COSAN and CPFL enter
into
electric power trading
agreement
São Paulo, August 14, 2008 – COSAN
S.A. INDÚSTRIA E
COMÉRCIO (Bovespa: CSAN3), pursuant to CVM
Instruction no. 358, as of January
3, 2002, publicly
informs that its
wholly-owned subsidiary
Barra Bioenergia S.A. has entered into an
electric power trading agreement with CPFL Comercialização Brasil
S.A. (“CPFL”). By means of Gasa
unit,
a
project for energy co-generation through
the use of biomass will be explored, in order to comply
with the electric power minimum trading agreement of 2,900,00MWh to 3,600,000MWh in a
15-year
period, totaling a
current approximate amount of R$500 million, annually restated
by the IGP-M. The agreement also
provides for the supply of possible
additional energy generated by this unit, inclusively through
a greater use of biomass, i.e., the use of sugar
cane leaves and straw, in addition to the
bagasse. This project will
involve investments of R$190 million. In March
2008, a financing request with
BNDES was filed, which may finance
up to 90% of the
project.
COSAN also informs
that in view of the early conclusion of its co-generation projects
in the Costa Pinto and Rafard plants, estimated to start
operating in 2009, it will
provide CPFL with
100,000 MWh during a
6-month period with
immediate start.
COSAN believes that
initiatives as these will contribute to the biomass insertion in the
country’s energy
matrix.
COSAN
COSAN
is one of the largest producers of sugar and ethanol in the world. With a crushing
capacity of more than 40 million
tonnes of sugar cane, the Company holds
over 9% of the local
market.
CONTACT: COSAN S.A. Indústria e
Comércio
Investor Relations (IR)
Paulo
Diniz, CFO
and Investor Relations Officer
Luiz Felipe Jansen
Mello, Investor
Relations Manager
Tel: (11) 3897-9797
E-mail: ri@cosan.com.br
website:
www.cosan.com.br/ir
Media Relations
Máquina da
Notícia
Press Office
Tel: (11) 3147-7900
This
release contains forward-looking
statements relating to the prospects of the business,
estimates
for operating and financial
results,
and
those related to growth prospects of COSAN.
These
are merely projections and,
as
such,
are
based exclusively on the expectations of COSAN’s
management concerning the future of the business and its continued access to
capital to fund the
Company’s
business plan.
Such
forward-looking
statements depend,
substantially,
on
changes in market conditions,
government
regulations,
competitive
pressures,
the
performance of the Brazilian economy and the industry,
among
other factors and risks disclosed
in COSAN’s
filed disclosure documents and are,
therefore,
subject
to change without prior notice.
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Item 2
Free
Translation
Notice to the Market
COSAN, units of Barra, Bonfim and
Jataí
successfully participate in energy
auction
São Paulo, August 14, 2008 – COSAN S.A. INDÚSTRIA E
COMÉRCIO announces that its subsidiaries Barra Bioenergia S.A. and Cosan
Centroeste S.A. Açúcar e Álcool were winners at the 1st Reserve
Energy Auction held on August 14, 2008. By means of the units of Barra, Bonfim
and Jataí, projects for energy co-generation will be explored through the use of
biomass for a 15-year term, as of 2010, totaling 9,504,600 MWh, a current
approximate amount of R$1.5 billion, restated by IPCA. The main characteristics
of the project follow in the table below:
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Unit
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Energy
Sold
(MWh)
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Price
(R$/MWh)
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Total
amount of
the
Agreement
(R$)
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Barra
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4,134,720.00
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156.23
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645,949,169.71
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Bonfim
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1,278,960.00
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156.41
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200,036,399.00
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Jataí
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4,090,920.00
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155.73
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637,070,745.57
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Total
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9,504,600.00
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156.04
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1,483,056,314.42
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It is
worth noting that, in view of these units’ minimum installed capacity and energy
already contracted for trading, there is also potential for future sale of 37%,
17% and 16% at the units of Barra, Bonfim and Jataí, respectively. Also,
eventual additional energy generated by a greater use of biomass, i.e., the use
of sugar cane leaves and straw, in addition to the bagasse, will be traded
later.
COSAN
believes that the positive outcomes from this auction will contribute to the
biomass insertion in the country’s energy matrix.
COSAN
COSAN is
one of the largest producers of sugar and ethanol in the world. With a crushing capacity of more than 40 million tonnes of sugar cane,
the Company holds over 9% of the local market.
CONTACT: COSAN S.A. Indústria
e Comércio
Investor
Relations (IR)
Paulo Diniz, CFO and Investor Relations
Officer
Luiz Felipe Jansen Mello,
Investor Relations
Manager
Tel: (11)
3897-9797
E-mail: ri@cosan.com.br
website:
www.cosan.com.br/ir
Media
Relations
Máquina
da Notícia
Press
Office
Tel: (11)
3147-7900
This release contains forward-looking
statements relating to the prospects of the business, estimates for operating
and financial results, and those related to growth prospects of COSAN. These are
merely projections and, as such, are based exclusively on the expectations of
COSAN’s management concerning the future of the business and its continued
access to capital to fund the Company’s business plan. Such forward-looking
statements depend, substantially, on changes in market conditions, government
regulations, competitive pressures, the performance of the Brazilian economy and
the industry, among other factors and risks disclosed in COSAN’s filed
disclosure documents and are, therefore, subject to change without prior
notice.
Declaration of Acquisition of Relevant
Interest
São Paulo, August 14, 2008 – Pursuant to article 12 of CVM
Instruction 358 of January 3, 2002, and amendments thereto, Cosan S.A. Indústria e Comércio hereby
announces that the Company has received the following letter from JANUS CAPITAL MANAGEMENT LLC:
This letter is filed
on behalf of Janus Capital
Management LLC ("Janus") pursuant to Article
12 of the CVM Instruction No. 358102 for the purpose of reporting a significant
beneficial ownership in Cosan Ltd. (the
"Company"). Janus is an investment adviser registered
under the U.S. Investment Advisers Act of 1940 that provides investment
advice to various mutual funds and other accounts ("Janus
Clients"). The shares of the Company are held by Janus on behalf of
various Janus Clients only for investment purposes and not to exercise control
over the Company.
The following information is provided
with respect to Janus and its share ownership of the
Company:
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Address: |
151 Detroit
Street
Denver, Colorado
80206
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Type of
Entity: |
Limited Liability
Company |
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State and Country
of Organization:
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Delaware,
USA |
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Nature of
Interest:
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Janus held all
shares attributed to it solely in its capacity as investment adviser to
Janus Clients. Janus has no economic interest (e.g., the right
to dividends or proceeds from sale) in the Company's
shares. Janus generally has the right to vote shares of
portfolio companies held on behalf of Janus
Clients.Percentage.
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Ownership:
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As of the
close of business (Eastern Standard Time) on Tuesday, 12 August 2008,
Janus had voting and/or dispositive power with respect to an aggregate of
17,141,850 shares of Class A Common Stock of the
Company on behalf of various Janus Clients. Our records indicate that
Janus’ current position is 7.57% of the outstanding Common Shares of the
Company.
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The above
percentage was calculated based on our understanding that the
Company has 226,242,856 Shares Outstanding for Class A and Class
B. |
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As of close of business (Eastern
Standard Time) on Tuesday, 12 August 2008, Janus also had voting and/or
dispositive power with respect to an aggregate of 7,306,203 Common Stock
of Cosan SA Industria Comercio
on behalf of various Janus Clients. Our records indicate that Janus’
current position is 2.68%% of the outstanding Common Shares of the
Company. The above percentage was calculated based on our understanding
that the Company has 272,548,032 Shares
Outstanding.
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COSAN
COSAN is
one of the largest producers of sugar and ethanol in the world. With a crushing capacity of more than 40 million tonnes of sugar cane,
the Company holds over 9% of the local market.
CONTACT: COSAN S.A. Indústria
e Comércio
Investor
Relations (IR)
Paulo Diniz, CFO and Investor Relations
Officer
Luiz Felipe Jansen Mello,
Investor Relations
Manager
Tel: (11)
3897-9797
E-mail: ri@cosan.com.br
website:
www.cosan.com.br/ir
Media
Relations
Máquina
da Notícia
Press
Office
Tel: (11)
3147-7900
This release contains forward-looking
statements relating to the prospects of the business, estimates for operating
and financial results, and those related to growth prospects of COSAN. These are
merely projections and, as such, are based exclusively on the expectations of
COSAN’s management concerning the future of the business and its continued
access to capital to fund the Company’s business plan. Such forward-looking
statements depend, substantially, on changes in market conditions, government
regulations, competitive pressures, the performance of the Brazilian economy and
the industry, among other factors and risks disclosed in COSAN’s filed
disclosure documents and are, therefore, subject to change without prior
notice.