Noble Group will acquire two Brazil sugarcane and ethanol plants

December 22, 2010 |

In Brazil, Noble Group announced that it will acquire the Catanduva and Potirendaba sugarcane and ethanol plants in Sao Paulo state, for $950 million. The two plants, with 8.0 million tonnes in crushing capacity, will bring Noble’s total capacity to 17.5 million tonnes. Catanduva has a crushing capacity of 4.6 million tonnes and Potirendaba crushes 3.4 million tones per annum. Cerradinho Holding is the seller.

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Category: International

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