FS Bioenergia pushing forward with investments despite falling short of targets

In Brazil, Reuters reports that despite failing to achieve 100% production capacity during its first year of production, FS Bioenergia is continuing with plans to build its second corn-based ethanol plant. The company’s first plant missed the mark by 30 million liters and 130 million bushels of corn. In addition to the second plant under development that will produce 680 million liters, the company also plans to invest $93.1 million to double the production capacity of the original plant to 500 million liters.