Camera planning $11m factory in Brazil
April 2, 2012
| Isabel Lane
In Brazil, Camera Agroalimentos SA is planning an $11 million factory that will produce 15,000 metric tons of sodium methylate a year, a catalyst needed to produce biodiesel. The plant, which will open next year, anticipates the ethanol blending requirements in Brazil to rise to 10% by 2020. Camera is one of Brazil’s largest biodiesel producers and may be issuing an IPO in 2014, says Bloomberg.
Category: Fuels