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.
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Reed Landberg at
Will Wade, Jim Efstathiou Jr.