22 de julio de 2015 / 16:22 / en 2 años

Brazil's Raizen says closed deals to export 2nd generation ethanol

PIRACICABA, Brazil, July 22 (Reuters) - Brazil’s Raizen has closed deals to export second generation ethanol to Europe at a premium of 300 reais ($93) per cubic meter, Executive Director of Sugar, Ethanol and Bioenergy João Alberto Abreu said on Wednesday.

The company, a joint venture between local conglomerate Cosan SA and Royal-Dutch Shell Plc has seen interest for all of the second generation ethanol it can produce this year at a premium over conventional ethanol, Abreu said, attributing the strong demand to environmental concerns abroad.

$1 = 3.22 reais Reporting by Marcelo Teixeira

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