Brazil – Raizen invests US$390 million to build 2 cellulosic ethanol plants [Registered]

The sugar-ethanol giant Raizen SA, owned by Royal Dutch Shell and Cosan SA, will invest BRL2 billion (US$390 million) to build two cellulosic ethanol plants. They will be operational in 2024, Chief Executive Officer Ricardo Mussa said in an interview, reported Bloomberg.… Login to continue