Alternative Fuel
Brazil's Atvos Announces Investments in Corn Ethanol and Biomethane
Atvos (Sao Paulo, Brazil), a key player in the Brazilian ethanol market, has recently announced investments at its facilities in Nova Alvorada do Sul and Costa Rica in the central-western state of Mato Grosso do Sul.
In Nova Alvorada do Sul, the company intends to complete the construction of its new 28 million-cubic-meter-per-year biomethane unit by the end of 2026 with an estimated investment value of R$360 million (US$69 million). Following the approval of the Future Fuels Bill in Brazil, investments in biomethane units at ethanol production sites have increased significantly, taking advantage of waste from the production process while also representing a circular economy opportunity, generating fertilizers, CO₂ and energy.
Atvos has also announced two corn-ethanol based projects, both worth more than R$1 billion (US$185 million), at Nova Alvorada do Sul and Costa Rica, reflecting the tendency in recent years to incorporate corn ethanol as an off-season alternative or even as a dual-feed operation which diversifies supply and strengthens national energy security. It is estimated that the construction of the corn ethanol units will commence next year, upon approval of environmental permits.
Industrial Info is currently tracking 59 Atvos investments worth US $2.9 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports.
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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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