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)
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