FS ANNOUNCES A 2.3 BILLION INVESTMENT IN THE CONSTRUCTION OF THIRD CORN ETHANOL PLANT

FS, the first company to invest in the production of corn ethanol in Brazil, announces the construction of its third ethanol plant, which will have an investment of R$ 2.3 billion. The plant will be located in the city of Primavera do Leste, in the state of Mato Grosso, with the capacity to produce 585 million liters of ethanol per year from the grinding of 1.3 million tons of corn. Site preparation has already started, with commissioning scheduled for 2023. Part of the grain that will supply the first crop is already being purchased. FS will reach a production capacity of over 2 billion liters of ethanol per year. “Primavera do Leste is a very important region for FS due to the large supply of corn and its strategic location for distribution of our products”, says FS’ CEO Rafael Abud.

Source: Jornal Cana (*Translated by Ia Niani)