Brazil : BNDES approves financing for 22 MMgy cellulosic ethanol plant
On January 8, 2025, the Brazilian Development Bank (BNDES) approved R$1 billion ($165.48 million) in financing for Raizen Energia’s cellulosic ethanol project in Andradina, São Paulo. The facility will produce ethanol from sugarcane bagasse using enzymes to extract sugars. The project is expected to create 1,500 construction jobs and 200 operational jobs. Raizen plans to develop six such plants by 2028, potentially boosting Brazil’s cellulosic ethanol capacity to 440 MMly, with applications in sustainable aviation fuel, green hydrogen, and marine fuel.
January 10, 2025
BY Erin Voegele
The Brazilian Development Bank (BNDES) on Jan. 8 announced it has approved R$1 billion ($165.48 million) in financing to support an 82 MMly (21.66 MMgy) cellulosic ethanol project under development by Raizen Energia S/A in Andradina, Sao Paulo.
Once operational, the facility will produce cellulosic ethanol from sugarcane bagasse. Specially formulated enzymes will extract sugars contained in the feedstock. Those sugars will then be fermented by yeast, producing second-generation ethanol.
Development of the facility is expected to create more than 1,500 direct jobs during the construction phase and 200 direct jobs to support plant operations.
According to information released by BNDES, the Andradina facility is one of six cellulosic ethanol plants that Raizen plans to develop by 2028. If all those plants become operational, Brazil’s cellulosic ethanol capacity could reach 440 MMly. Cellulosic ethanol produced at the facilities is expected to have applications in the sustainable aviation fuel (SAF), green hydrogen and marine fuel industries.
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Source : Ethanol Producer Magzine
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