Raizen to invest $102 million in cellulosic ethanol plant

In Brazil, Raizen will invest $102 million in an add-on cellulosic ethanol plant that will be attached to its Costa Pinto facility in Piracicaba. The 40 million liter per year bagasse-based facility may begin production as soon as next year. Shell, who owns half of the Raizen JV with Cosan, has been investing in technology from Iogen and Codexis but it wasn’t clear which technology would be provided in the new facility.