Shell Ready for Bigger Backstop of Brazil Sugar-Ethanol JV Raizen, Sources Say
by Luciana Novaes Magalhaes, Oliver Griffin and Sabrina Valle (Reuters) Oil major Shell (SHEL.L), opens new tab, the healthier joint-venture partner in Brazilian sugar and ethanol producer Raizen, is ready to pour more resources into a recapitalization of the distressed company, three