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Released August 28, 2024 | CORDOBA, ARGENTINA
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Researched by Industrial Info Resources (Sugar Land, Texas)--In the last month, two significant ethanol joint venture investments, valued at more than 1 billion Brazilian reals (US$181.8 million), have been announced in the Central-West and Southeast regions of Brazil. This continues to mark the country's shift toward a greener economy with cleaner and more sustainable energy sources.
Prata Bioenergia, a joint venture among Grupo Queiroz de Queiroz, JP Andrade Agropecuária and Fazenda Boa Esperança, aims to construct a new sugarcane-based ethanol facility in the city of Prata, Minas Gerais, capable of producing not only fuel ethanol but also sugar, yeast and electricity. Construction of the plant, at an estimated cost of US$178 million, is planned to commence by 2026 and be fully operational by 2028, providing over 1,800 jobs in the process. The project is currently passing through the necessary environmental permit process in order for construction to go ahead.
Meanwhile, in Nova Ubiratã, Mato Grosso, Caramuru Alimentos, one of Brazil's leading soya, corn, sunflower and canola processing companies, has partnered with Biocen-Bioenergia Celeiro do Norte to construct a new corn ethanol plant with an initial investment estimated to be more than US$200 million. The site will have the capacity to produce 261 million liters per year of corn ethanol, 12,000 tonnes per year of corn oil and 175,000 tonnes per year of dry bran (distillers' dried grains with solubles) for animal feed. The project is expected to be complete by 2026, and with this investment, Caramuru will diversify its biofuels business which currently only produces biodiesel.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuel Industry Project and Plant databases can click here for the project reports and here for the plant profiles.
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).
Prata Bioenergia, a joint venture among Grupo Queiroz de Queiroz, JP Andrade Agropecuária and Fazenda Boa Esperança, aims to construct a new sugarcane-based ethanol facility in the city of Prata, Minas Gerais, capable of producing not only fuel ethanol but also sugar, yeast and electricity. Construction of the plant, at an estimated cost of US$178 million, is planned to commence by 2026 and be fully operational by 2028, providing over 1,800 jobs in the process. The project is currently passing through the necessary environmental permit process in order for construction to go ahead.
Meanwhile, in Nova Ubiratã, Mato Grosso, Caramuru Alimentos, one of Brazil's leading soya, corn, sunflower and canola processing companies, has partnered with Biocen-Bioenergia Celeiro do Norte to construct a new corn ethanol plant with an initial investment estimated to be more than US$200 million. The site will have the capacity to produce 261 million liters per year of corn ethanol, 12,000 tonnes per year of corn oil and 175,000 tonnes per year of dry bran (distillers' dried grains with solubles) for animal feed. The project is expected to be complete by 2026, and with this investment, Caramuru will diversify its biofuels business which currently only produces biodiesel.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuel Industry Project and Plant databases can click here for the project reports and here for the plant profiles.
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).
