Tonon Bioenergia purchases Paraiso Bioenergia to double sugar-cane capacity

In Brazil, Tonon Bioenergia SA will nearly double their sugar-cane capacity by purchasing Paraiso Bioenergia SA. The acquisition will extend their current 5.7m metric ton sugar-cane crushing capacity to 8.2m. Tonon will be using existing shares of an undisclosed value to cover the acquisition.