GranBio Begins Production of Cellulosic Ethanol at Brazil Plant

Sept. 25 (Bloomberg) — GranBio Investimentos SA, a
Brazilian biotechnology company, began production at a
cellulosic ethanol plant in Brazil’s northeastern state of

The Bioflex 1 plant has capacity to produce 82 million
liters (22 million gallons) of ethanol a year from sugarcane
waste, the closely held Sao Paulo-based company said in a
conference call yesterday.

GranBio invested $190 million in the facility, which it
said is the first commercial-scale cellulosic ethanol plant in
the southern hemisphere.

To contact the reporter on this story:
Vanessa Dezem in Sao Paulo at

To contact the editors responsible for this story:
Reed Landberg at
Will Wade, Jim Efstathiou Jr.

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