Vinema Plans $354 Million Brazil Grain-Ethanol Projects
by Stephan Nielsen (Bloomberg BusinessWeek) Vinema Biorefinarias do Sul Ltda., a Brazilian biofuel company, plans to spend 720 million reais ($354 million) building the nation’s first six ethanol-fuel mills that use grains as raw material.
…The plants will be built in the southern state of Rio Grande do Sul where it’s unsuitable to grow sugar cane, the feedstock used by the rest of Brazil’s ethanol industry. Virtually all of the state’s ethanol is imported on trucks which is costly, he said.
…They will operate for more than 350 days a year, running on grains including rice, sorghum and oats. READ MORE and MORE (Biofuels International)