Inpasa is investing BRL 1.3 billion in the second phase of its project in Sidrolândia, Mato Grosso do Sul, to reach BRL 2.5 billion within three years. Governor Eduardo Riedel and Minister Sinome Tebet announced the initiative, which is expected to create more than 2,000 new jobs. The corporation is also looking for environmental permissions and financial incentives for the region. Currently, Inpasa invests BRL 1.2 billion in the facility, which can produce 500 million liters of ethanol per year. The ethanol will serve as biofuel and feedstock in several industries.
Source: Petrosolgas (*Translated by Ia Niani)
INPASA ANNOUNCES BILLIONAIRE INVESTMENT IN ETHANOL IN MATO GROSSO DO SUL
Published On - 15 de February de 2024