In Brazil, CARAMURU ALIMENTO S.A. has teamed with Biocen – Bioenergia Celeiro do Norte S.A. to form a joint-venture focused on development and exploration of a corn grinding plant for ethanol production, in Nova Ubiratã, in the State of Mato Grosso.
The new unit will have an initial processing capacity of 605,000 metric tons of corn per year, with the start of operations scheduled for the end of the first half of 2026. Caramuru will control the company with 51% and Biocen with 49% of the total share capital.
Initially, approximately R$1.1 billion will be invested for the installation of the unit, which will have the capacity to produce 261,000 m³ per year of corn ethanol, 12,000 tons per year of corn oil and 175,000 tons annually of dry bran (DDGS).
Tags: Biocen, Brazil, Caramuru
Category: Fuels
