Archer Daniels Midland Company and Brazilian agricultural company Grupo Cabrera have formed a joint venture to produce ethanol from sugarcane.

The joint venture will construct two processing complexes, each consisting of a sugarcane plantation, a sugar mill, an ethanol distillery and a biomass- powered cogeneration facility to provide power and steam. The complexes will be located in Limeira Do Oeste in the state of Minas Gerais, and Jatai in Goias. Upon completion, each mill will have crush capacity of three million metric tons annually.