logen signs biomass deal in Brazil after a decade of waiting

摘要

The company announced the plant will now be built in Brazil instead of Canada as originally intended. Raizen Energia Participacoes (REP) has signed a deal to license logen's biomass-to-ethanol technology, which converts waste, like sugarcane bagasse and straw, into ethanol that can be used to fuel vehicles. It will be used in a $100 million (?73.5 million) plant adjacent to Raizen's Costa Pinto sugar cane mill in Sao Paulo.