Japan’s Sojitz company takes 33 percent stake in Brazil’s ETH Bioenergia
In Japan, Sojitz agreed to acquire a 33 percent stake in ETH Bioenergia for $80 million. ETH Bioenergia, a subsidiary of Oldebrecht, will produce 259 Mgy of ethanol.
Earlier this month, Oldebrecht and Angolan and Brazilian companies Sonangol and Damers formed the Biocom joint venture to produce ethanol, electricity in Angola.
Japan aims to slash cost of cellulosic ethanol by 98 percentIn Japan, the Ministry of Economy, Trade and Industry announced a goal of producing ethanol from silver grass at a cost of 40 yen per liter. Current Japanese technologies produce ethanol from celluosi...
Japan expands biofuels production; jatropha plantation will yield 50 Mgy of biodieselIn Japan, Biwako Bio-Laboratories will invest $20 million during 2008 in a 30,000 acre jatropha plantation. The company will eventually expand cultivation to 100,000 acres, and expects to produce 200,...
Brazil’s Petrobras to launch 20 new ethanol plants, add 1 billion gallons of capacityIn Brazil, Brazilian state oil giant Petrobras announced plans to develop 20 sugar ethanol plants via multiple partnerships in Goias and Mato Grosso states and a partnership with Japanese trading comp...
Infinity Bio-Energy takes $75 million stake in Brazilian ethanol projectsIn Brazil, Infinity Bio-Energy Ltd has acquired a $75 million stake in Disa Overseas, with the capital to be used for construction of two new sugar cane processing and ethanol plants, and a 30 MW powe...
Infinity BioEnergy takes over Sugar Company of Jamaica; Brazilian group to increase ethanol productionIn Jamaica. the Brazilian biofuels conglomerate Infinity BioEnergy announced that it will acquire the Sugar Company of Jamaica. The government of Jamaica, which has lost $283 million since purchasing ...
Shell purchases stake in Codexis, an enzyme manufacturer for cellulosic ethanolShell has purchased an undisclosed stake in stake in Codexis, a company which manufactures enzymes for the cellulosic ethanol production process. Codexis executives said that they expect to build a co...
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