In Brazil, Cosan said that it will invest $1 billion in a 386 mile long ethanol pipeline that will link the port of Santos with the city of Paulinia in Sao Paulo state. The company is partnering with sugarcane ethanol producers Copersucar and Crystalsev on the projects, with the project scheduled for completion in 2011. The pipeline will increase Brazilian export capacity to 3.7 billion gallons per year.
Entry Information
Related Stories
Brazil’s Cosan eyes ethanol expansion in US and BrazilIn Brazil, the CFO of Cosan said that the company is seeking acquisitions to add to its portfolio of 17 ethanol plants, and included a focus on investment in the US.
He said the company's $1 billio...
Petrobras signs with Mitsui and Camargo Correa to construct Goias-São Paulo ethanol pipelineIn Brazil, Petrobras has formed a joint venture with Mitsui and Camargo Correa to construct an ethanol pipeline connecting Senador Canedo in Goias state, to the Atlantic harbor of Sao Sebastiao, in Sa...
Petrobras and Cosan lock horns over Brazilian ethanol pipeline; Cosan fears a lock-out if the pipeline proceedsIn Brazil, Petrobras, the state oil company and Cosan, the largest ethanol group, are at odds over a Petrobras plan to build a state-owned pipeline to transport ethanol. "If Petrobras has the logistic...
Petrobras, Mitsui form JV to produce ethanol for Japan, electricity for BrazilIn Brazil, state oil giant Petrobras and Japanese bank Mitsui will form a joint venture to produce ethanol for export to Japan and electricity for the domestic Brazilian market. The company will be ba...
Brazilian ethanol leader, Cosan, outlines three-step strategy for international expansion; eyes US ethanol plantsIn Brazil, Cosan said it is aggressively seeking opportunities in the United States. The chief commercial officer, Marcos Lutz, told Ethanol Statistics that Cosan has established a three-step strateg...
Brazil’s Cosan to acquire Usina Benacohol for $61 million plus assumption of $20 million debtIn Brazil, Cosan announced that it will acquire the Usina Benalcohol ethanol plant for $61 million, plus assumption of $20 million in company debt. Benalcohol has a 1.3 million tonnes of cane a year,...