Brazil Petrobras JV mulls sugarcane mill expansion in Goias

11 August 2011 23:46  [Source: ICIS news]

PORTO ALEGRE, Brazil (ICIS)--A subsidiary of Brazil-based Petrobras and a joint venture partner are considering plans to expand their Boa Vista sugarcane mill in Quirinopolis, Goias, an executive said on Thursday.

The mill is owned by Nova Fronteira, a joint venture made up of Sao Martinho and Petrobras Biocombustiveis, the biofuels subsidiary of Petrobras.

The joint venture could expand the mill's capacity from 2.5m tonnes/year to 7m tonnes/year by 2014.

Petrobras is talking with its partner, and it could reach a decision by September, said Miguel Rossetto, president of Petrobras Biocombustiveis.

Rosseto did not give details about the project.

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