Cosan to invest $1 billion in new ethanol pipeline for Brazil aimed at opening export markets

In Brazil, Cosan said that it will invest $1 billion in a 386 mile long ethanol pipeline that will link the port of Santos with the city of Paulinia in Sao Paulo state. The company is partnering with sugarcane ethanol producers Copersucar and Crystalsev on the projects, with the project scheduled for completion in 2011. The pipeline will increase Brazilian export capacity to 3.7 billion gallons per year.

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