BNDES gives Raizen $91 million for cellulosic ethanol plant

September 16, 2013 |

In Brazil, the national development bank BNDES approved a $91 million loan for Raizen to build a second-generation ethanol plant. The 40 million liter-per-year, bagasse-to-ethanol plant is set to come online in 2015. It will be located in Piracicaba, southeastern Sao Paulo state.

Category: Fuels

Thank you for visting the Digest.