IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Brazil’s development bank invests $293 million in cellulosic ethanol firm

5:41 AM MST | January 25, 2013 | —Kara Sissell

Brazil’s economic development bank BNDES (Rio de Janeiro) is investing 600 million reais ($293 million) in biotechnology company GraalBio Investimentos. The funds will be used to invest in cellulosic ethanol production capacity as well as R&D, according to local press reports. BNDES will make the investment gradually, in line with business plan benchmarks. In exchange, BNDES will take a 15% share in GraalBio’s total capital, the reports say. In addition to cellulosic ethanol, the money will be used for R&D aimed at technologies for more efficient...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa