
#16 Inside GranBio, NextChem’s new partnership to “blow out” cellulosic ethanol global roll-out
In August, news arrived from Sao Paulo and Rome that GranBio and NextChem inked a strategic alliance and will co-license GranBio’s patented technology for the production of second-generation ethanol.
The news followed the announcement that GranBio retained Citigroup and UBS for a planned IPO that aims to raise $290 million. The stock is aimed for a listing on the B3 (Brasil Bolsa Balcao), the country’s second-oldest exchange, by the end of 2020.
More on the story, here.
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Category: Fuels, Top Stories