February 18, 2011

Biofuel news roundup

A lot of biofuel news as well so I have separated them from the Weekly News Roundup. Big announcements include the finalization of Shell and Cosan's sugar ethanol joint venture and ADM's palm production investment in Brazil.

Shell and Cosan launch Raizen
Royal Dutch Shell and Brazilian sugar company Cosan formally introduced its ethanol joint venture Raizen. The new company plans to produce over 2.2bn liters/year of sugarcane ethanol from 23 ethanol plants, and to market 20bn liters of fuels to various transportation and industry markets and to its network of over 4.500 service stations. Raizen also owns 16.3% of Codexis' shares.

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