News
Six New Ethanol Facilities Set for Brazil
18 January 2013BRAZIL - Brazilian biofuels producer Vinema Biorefinarias do Sul (VBS) is planning to build the country’s first ethanol fuel mills that use grain as raw material.
VBS wants to construct six mills at a total of BRL720 million (€265 million) and expects to secure BRL40 million of equity commitments for the first plant due to be based in Cristal, reports Biofuels International.
It is believed VBS expect all six plants to be online by 2020, jointly producing 600 million litres of fuel a year on a variety of rice, oats and sorghum feedstocks, in the southern state of Rio Grande do Sul.
TheCropSite News Desk