FS starts up third corn-based ethanol plant in Brazil

In Brazil, FS is expanding its business with the start-up of its third industrial unit on May 1, in the municipality of Primavera do Leste, Mato Grosso.

BRL 1.9 billion has been invested in the new plant which, during construction, generated more than 8,000 indirect jobs, in addition to 205 direct jobs in the operation. The unit’s total annual production capacity is 160 million gallons of ethanol and 570,000 tons of DDGs (Dried Distillers Grains). The investment, lower than the BRL 2.3 billion originally planned, was a result of cost optimization, and the operations started-up ahead of schedule.