Firms to Invest $4 Billion in Brazilian Ethanol by 2013

Several companies have recently announced investments totaling about $4 billion in sugar cane-to-ethanol ventures in Brazil, including a joint venture of Bunge and Itochu to spend $800 million on two plants. Itochu will invest to expand Bunge’s mill at Santa Juliana in Brazil’s Minas Gerais state from 1.6 million m.t./year, to 4.2 million m.t./year by 2011, the companies say. The jv also plans to build a greenfield ethanol mill, but it did not provide details on its location, capacity, or anticipated startup. Itochu will take a 20% stake in...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers