Tag: Raizen

Raízen raises $1.15B in biggest Brazil IPO of the year

Raízen raises $1.15B in biggest Brazil IPO of the year

August 15, 2021 |

Shares have started trading in Raízen’s IPO – which also happens to be the largest Brazilian IPO of 2021. They raised $1.15 billion and even though shares are priced at the bottom of the suggested range, this is big news for this Shell, Cosan joint venture company. In today’s Digest, Raízen’s business and background, the […]

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Raizen IPO prices at low end of range due to risk profile of massive planned expansion

Raizen IPO prices at low end of range due to risk profile of massive planned expansion

August 3, 2021 |

In Brazil, Bloomberg reports the Raizen IPO was likely priced at more than $1.1 billion on Tuesday with more than 810 million shares sold near the lower end of the expected valuation at just $1.42 per share. Concern about the company’s massive expansion plans following the acquisition of Biosev earlier this year and its hopes […]

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Raizen confirms IPO set to raise $1.34B

Raizen confirms IPO set to raise $1.34B

July 15, 2021 |

In Brazil, Reuters reports that a securities filing shows Shell and Cosan plan to raise $1.34 billion through Raizen’s IPO with a final price set for Aug. 3 for 810,811,000 shares, although it could increase by up to 35%. With shares expected between $1.44 and $1.87 which would result in a company valuation of between […]

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Raizen IPO may set valuation around $13.5B

Raizen IPO may set valuation around $13.5B

July 14, 2021 |

In Brazil, Bloomberg reports sources say Shell and Cosan are aiming for a $13.5 billion valuation of Raizen when the IPO is launched, with 10% of the company up for grabs for about $1.18 billion—although earlier reporting had the expected raise at closer to $2 billion. Pricing is expected to start in the next few […]

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Raizen to build second, 82M liter daily cellulosic ethanol plant

Raizen to build second, 82M liter daily cellulosic ethanol plant

June 28, 2021 |

In Brazil, Reuters reports Raizen plans to invest in a new 82-million-liter cellulosic ethanol plant, double the size of its first 2G facility, although the amount of the investment was not released in the securities filing that mentioned the new project. Already 91% of the production from its first plant has been sold to an […]

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Raizen buys Biosev to become a leading sugarcane and ethanol producer

Raizen buys Biosev to become a leading sugarcane and ethanol producer

February 9, 2021 |

In Brazil, Reuters reports Cosan and Shell’s joint venture Raizen has bought Louis Dreyfus’s Biosev for a cash payment of $670.3 million in addition to nearly 5% of Raizen’s shares, mixed between preferential and redeemable shares. Biosev’s debt will remain with current shareholders, however. The transaction will make Raizen one of the largest sugar and […]

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Amyris executes strategic supply agreements with Raizen

Amyris executes strategic supply agreements with Raizen

May 21, 2019 |

In California, Amyris announced the execution of strategic supply agreements with Raizen for the supply of sugar, energy and other utilities to its new planned production plant co-located with Raizen’s Barra Mill at Barra Bonita, Brazil. In addition to the supply agreements, the companies entered into an arrangement to establish the basis for the creation […]

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Raízen and SP Ventures team on agribusiness incubator to launch start ups

Raízen and SP Ventures team on agribusiness incubator to launch start ups

August 2, 2017 |

In Brazil, Raízen and SP Ventures, which manages investments in companies with agribusiness-related technologies, have joined forces to open Espaço Pulse. The business environment is geared towards agribusiness startups and is located in the Agtech Valley, in Piracicaba, in the interior of São Paulo. The city is home to the national sugarcane industry and headquarters […]

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Raizen scaling up cellulosic ethanol production five-fold by 2018

Raizen scaling up cellulosic ethanol production five-fold by 2018

July 4, 2017 |

In Brazil, Raizen plans to scale up its cellulosic ethanol technology five-fold over the next two years to 40 million liters by 2018, a move that will make the fuel competitive with conventional ethanol. The Piracicaba facility is set to produce 14 million liters this year following its first 7 million liters produced last year. The […]

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Strategic Intent: The Digest’s 2016 Multi-Slide Guide to Raizen, Reliance Industries

Strategic Intent: The Digest’s 2016 Multi-Slide Guide to Raizen, Reliance Industries

October 10, 2016 |

This season, The Digest is hosting the Strategic Intent webinar series, looking at the plans, progress and future milestones of strategic stakeholders in the Advanced Bioeconomy. In this slide deck, we looked at Raizen and Reliance Industries and their direct investments, partnerships and alliances with companies both heralded and unknown.

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