Regulatory approvals have come through for Shell and Cosan’s partnership to called Raizen. The new company’s goal is to produce low-carbon biofuels from sugarcane. This Brazil-based multi-billion dollar venture is one of the largest to date. Raizen will produce and sell over 2 billion litres per year of ethanol produced from Brazilian sugarcane through the more than 4,500 Shell stations …
Joint Deal to Improve First Generation Ethanol
Two companies have signed a joint agreement to develop an improved first generation ethanol process with enhanced performance economics. The agreement between Codexis and Raizen Energia S.A. announced today focuses on a range of targets, including improving performance of yeasts now used in ethanol production. Codexis is an industrial biotechnology company and Raizen is Brazil’s largest sugar and ethanol producer. …