Shell in biofuel joint venture

The deal combines Shell’s retail experience, global network and research in advanced biofuels with Cosan’s technical knowledge of producing biofuels on a large scale. Raízen will produce and sell over 2 billion litres a year of ethanol made from Brazilian sugar cane. Shell says it is already one of the largest distributors of sustainable biofuels: now it is moving into production.

Raízen will initially distribute fuels through a network of Shell-branded retail outlets in Brazil, though plans include expansion into other markets and other geographical locations.