23 December 2010 23:53 [Source: ICIS news]
SAO PAULO (ICIS)--Brazilian ethanol company Grupo Sao Martinho plans to use 1.5m-2.0m tonnes/year of its sugarcane to produce chemicals, the company said on Thursday.
Sao Martinho said about 1.5m-2.0m tonnes of its 14.5m tonnes/year sugarcane production would be used to make industrial ethanol and other chemicals, including Biofene, a biobased hydrocarbon.
Biofene would be produced by the joint venture of Sao Martinho and US-based biotech firm Amyris, the Brazilian company said.
In 2012, about 1m tonne/year of the 8.5m tonnes of sugarcane produced at the company’s planned plant in Pradopolis, Sao Paulo state, would be used to make chemicals in the joint venture with Amyris, it added.
The new plant would cost $50m (€38m) and be built next to the Sao Martinho mill.
($1 = €0.76)
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|