http://www.biofuelsdigest.com/blog2/2008/04/29/brazils-brenco-projects-32-billion-from-ipo-this-year-or-in-2009/ The world's most widely-read biofuels daily Wed, 18 Nov 2009 17:30:24 +0000 http://wordpress.org/?v=2.8.4 hourly 1 http://www.biofuelsdigest.com/blog2/2008/04/29/brazils-brenco-projects-32-billion-from-ipo-this-year-or-in-2009/comment-page-1/#comment-1425 Greentech Media: Green Light » Blog Archive » Brenco’s IPO Potential Boosted by Low Average Cost of Labor Tue, 29 Apr 2008 18:46:29 +0000 http://biofuelsdigest.com/blog2/2008/04/29/brazils-brenco-projects-32-billion-from-ipo-this-year-or-in-2009/#comment-1425 [...] Philippe Reichstul, CEO of Brenco, said yesterday his company will seek an IPO worth $3.2 billion by the end of 2008 or 2009. The IPO proceeds will help the Brazilian ethanol company expand its refining base to 10 ethanol plants by 2015, with an annual production capacity of around 1 billion gallons. Brenco is at work now constructing four ethanol refineries and a 650-mile pipeline at a combined cost of roughly $2 billion, which makes it one of Brazil’s leading ethanol companies. That Reichstul was once the CEO of Petrobras probably doesn’t hurt the company’s chances either. [...] [...] Philippe Reichstul, CEO of Brenco, said yesterday his company will seek an IPO worth $3.2 billion by the end of 2008 or 2009. The IPO proceeds will help the Brazilian ethanol company expand its refining base to 10 ethanol plants by 2015, with an annual production capacity of around 1 billion gallons. Brenco is at work now constructing four ethanol refineries and a 650-mile pipeline at a combined cost of roughly $2 billion, which makes it one of Brazil’s leading ethanol companies. That Reichstul was once the CEO of Petrobras probably doesn’t hurt the company’s chances either. [...]

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