Santelisa Vale, a company formed in 2007 after the merger of the Santa Elisa and Vale do Rosario sugar and ethanol companies, has just sold a significant stake to Louis Dreyfus Commodities Bioenergia S.A. The exact numbers have not been disclosed.Before the deal with Louis Dreyfus was approved on Monday, April 6th, a host of other contenders, including Sao Martinho and Bunge, had attempted to woo Santelisa Vale. At the time, offers for a 40% stake were estimated by the local business media at BRL 3 billion, or USD 1.4 billion.Together, the two companies will have a combined yearly processing capacity of 40 million tonnes of sugarcane – more than the entire Australian output in the 2007-2008 harvest year, a paltry 36 million tonnes. In milling capacity, Santelisa Vale-Louis Dreyfus are also just a step behind Cosan, the world’s largest producer of sugar and ethanol, which milled 40.3 million tonnes in the 2007-2008 season, producing 3.24 million tonnes of sugar and 1.52 billion liters (400,000 gallons) of ethanol (see MD&A, p. 4, in Form 20-F here). One tonne of sugarcane yields, on average, 80 liters, or 21.16 gallons, of ethanol.
Greenhouse Effect - Climate Change - 氣候變化 - 温室効果 - Mudanças Climáticas
Subscribe to:
Post Comments (Atom)
Climate crisis on track to destroy capitalism, warns top insurer. Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure
Some companies were ending home insurance in California due to wildfires, says Allianz SE board member. He says that without insurance, ma...

-
Aerial view of solar power and battery storage units in the desert Photo: The Desert Photo/ Adobe Stock Grid-scale batteries are taking ...
-
The Lake Fire burns close to what was Michael Jackson's Neverland Ranch in Los Olivos, California, on 6 July 2024. Photograph: David ...
-
A damaged building in Houston on Friday, after severe storms the night before. Credit... David J. Phillip/Associated Press By Raymond ...
No comments:
Post a Comment