Search Results for 'cosan'

Cosan could move more cane production to biofuels than sugar

Cosan could move more cane production to biofuels than sugar

August 12, 2017 |

In Brazil, Cosan SA Indústria e Comércio expects ethanol sales to yield better returns than sugar across some Brazilian states, and say they could adjust the amount of sugar and ethanol produced if biofuel prices improve and sugar prices continue to decline. Raízen Energia, a 50-50 joint venture between Cosan and Royal Dutch Shell Plc, […]

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Cosan sees Brazilian ethanol market remaining tight as mills keep focus on sugar

Cosan sees Brazilian ethanol market remaining tight as mills keep focus on sugar

February 20, 2017 |

In Brazil, Cosan says the domestic ethanol situation remains tight, providing for better margins than otherwise would be as cane millers continue to focus on sugar production while the global market remains in the last phases of deficit. The company plans to invest up to $777 million in cane this season, perhaps 15% more than […]

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Chevron invests in Cosan and Amyris’ Novvi producing bio-based hydrocarbon molecules

Chevron invests in Cosan and Amyris’ Novvi producing bio-based hydrocarbon molecules

December 19, 2016 |

In California, Chevron Products Co., a division of Chevron U.S.A. Inc., and Novvi LLC—a joint venture of Amyris Inc., Cosan S.A. and American Refining Group—announced that Chevron has made an equity investment into Novvi. Terms of the transaction were not disclosed. Novvi produces targeted hydrocarbon molecules from plant sugar for automotive, industrial, marine, and construction […]

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Shell and Cosan go all in on Raizen collaboration

Shell and Cosan go all in on Raizen collaboration

November 23, 2016 |

In Brazil, Shell and Cosan have agreed to drop their trial period for their joint venture Raizen and continue to operate together indefinitely. The mutual time-bound buyout options included in the original 2011 agreement that created the successful JV have been dropped, allowing the companies to jointly focus on ethanol production along with sugar and […]

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American Refining Group commits to 33.3% equity in Amyris-Cosan JV

American Refining Group commits to 33.3% equity in Amyris-Cosan JV

July 19, 2016 |

In California, American Refining Group, Inc. and Novvi LLC, a joint venture of Amyris, Inc and Cosan S.A. announced that ARG has committed to a 33.3% equity investment into the joint venture. Both Amyris and Cosan will continue to hold share ownership stakes in Novvi, together with ARG. Novvi’s products and technology are recognized by […]

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Moody’s cuts Cosan’s overseas risk rating to negative from stable

Moody’s cuts Cosan’s overseas risk rating to negative from stable

March 24, 2016 |

In New York state, Moody’s Investors Service downgraded the ratings of the notes issued by Cosan Overseas Limited and Cosan Luxembourg S.A and guaranteed by Cosan to Ba3 from Ba2. At the same time, Moody’s América Latina has today affirmed Cosan S.A. Indústria e Comércio (“Cosan”)’s Ba2 (global scale) and A1.br (national scale) corporate family […]

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Cosan rejects analysts’ expectation of increased ethanol production

Cosan rejects analysts’ expectation of increased ethanol production

March 19, 2015 |

In Brazil, Cosan says it plans to produce more sugar this season while ethanol production should stay flat at around 2 billion liters, contradicting analysts’ expectation that a 27% blending mandate would encourage producers to favor ethanol over sugar production. The government may re-institute a fuel tax that would weigh on overall gasoline consumption, and […]

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Cosan sees political situation improving for ethanol in 2015

Cosan sees political situation improving for ethanol in 2015

November 27, 2014 |

In Brazil, Cosan is positive about the ethanol market in 2015 thanks to two policies it expects to come through shortly that will support producers: the potential reintroduction of a tax on gasoline known as Cide that would in turn make ethanol more competitive, and the boost in demand resulting from increasing the blend to […]

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Hottest Companies: Cosan

Hottest Companies: Cosan

August 25, 2013 |

Voting for Cosan in the Hot 50 or Hot 30 Rankings You can vote on the web for this company in the 50 Hottest Companies in Bioenergy or the 30 Hottest Companies in Biobased Chemicals and Materials — by clicking on the icons above to “Like” or “Tweet” this page. Any web votes you record […]

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Cosan profits tumble

Cosan profits tumble

November 11, 2011 |

In Brazil, Cosan reported net profits for their second quarter fell from BRL251.5 million a year ago to BRL63.2 million. Cosan is quoted as stating, “The net financial result on the period presented a net expense of BRL393.6 million compared to a net revenue of BRL86.4 million in the year ago period (a negative net […]

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