In Brazil, Reuters reported that a unit of U.S.-based grain merchant Cargill will build a corn ethanol plant adjacent to its sugarcane plant in Brazil’s Center-Western state of Goias.
The report noted that Cargill confirmed the business decision but declined to disclose other details of the project.
Cargill already produces ethanol from sugarcane and corn in Goias. The company’s biofuels subsidiary in Brazil is called Cargill Bioenergia.
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