In Brazil, AMAGGI and Inpasa have decided to close the negotiations for the formation of a joint venture aimed at the production of corn ethanol. The decision was made after both companies concluded that they have distinct views on the structure and governance of the project, choosing to follow their own paths at this time. The process was conducted in a transparent, collaborative manner and with full alignment to the principles of good corporate governance.
The companies reaffirm mutual respect and admiration, and will remain open to evaluating future opportunities for cooperation in areas of common interest.
Tags: AMAGGI, Brazil, Inpasa
Category: Fuels
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