ETH Bioenergia Inaugurates Seventh Ethanol Plant in Brazil

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Researched by Industrial Info Resources (Sugar Land, Texas)--After less than four years of existence, Brazilian company ETH Bioenergia SA (Sao Paulo) has inaugurated its seventh ethanol plant in Brazil. The company will begin 2011 with an installed sugarcane-crushing capacity that exceeds 26 million tons.

The new plant is located in Alto Taquari, Mato Grosso--the company's first plant in the state. The opening ceremony was held on November 18. The plant will produce 90 million gallons per year of fuel ethanol and have a generating capacity of 72 megawatts. The plant is expected to crush 3.8 million tons of sugarcane per eight-month harvest period.

The investment required to develop this greenfield project, including agricultural fields and industrial areas, was about $500 million,

ETH Bioenergia is the biofuels subsidiary of engineering and construction company Odebrecht SA (Salvador, Brazil), which has developed six other sugarcane-processing projects in three states: Sao Paulo, Goias and Mato Grosso do Sul. In 2010, the company acquired the assets of Brenco-Companhia Brasileira de Energia Renovavel (Sao Paulo), becoming one of the largest sugarcane processing companies in Brazil. For additional information, see related articles from January 25, 2010 - Brazilian Sugar and Ethanol Industry Moves Toward Economic Concentration and Internationalization and March 8, 2010 - Brazilian Sugar and Ethanol Industry Sees Unprecedented Growth.

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