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Paraiso Bioenergia sugarcane mill bought by Tonon Group

4:39 PM MDT | March 21, 2013 | Rebecca Coons

Tonon Bioenergia, a Brazilian agro-industrial group with growing investments in the sugarcane industry, has signed a contract to acquire the Paraiso Bioenergia sugarcane mill that supplies feedstock to Amyris's (Emeryville, CA) farnesene production unit at Brotas, Brazil, Amyris announced today. The deal does not affect Amyris's Brotas operations, but it "underscores the confidence in [Amyris's] business model and [its] ability to add value to the Brazilian sugarcane industry with renewable fuels and chemicals," says Paulo Diniz, President of Amyris...

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