1. Home
  2. / Economy
  3. / BNDES injects R$480 million into Companhia Mineira de Açúcar e Álcool and boosts ethanol and bioenergy production in Brazil
reading time 2 min read Comments 0 comments

BNDES injects R$480 million into Companhia Mineira de Açúcar e Álcool and boosts ethanol and bioenergy production in Brazil

Written by Roberta Souza
Published 16/01/2025 às 15:42
BNDES, financing, ethanol
Photo: CMAA

Historic expansion of ethanol production promises to transform Brazil's renewable energy sector with biomass generation

Uberaba is about to become the epicenter of energy innovation in Brazil! O National Bank for Economic and Social Development (BNDES) announced a gigantic financing de R $ million 480 to Mining Sugar and Alcohol Company (CMAA). That BNDES capital injection will allow CMAA to expand its ethanol production and increase the energy generation from sugarcane biomass, according to the Money Times website.

Modernization and growth: The future of sustainable energy

BNDES' robust financing will not be limited to expansion alone. CMAA will use the resources for the industrial modernization e acquisition of state-of-the-art equipment, positioning itself as a leader in green technology. Located in Uberaba, Minas Gerais, CMAA is one of the most promising sugar and alcohol groups in Brazil.

Lula Government Support: Towards decarbonization

The approval of this BNDES financing is in line with the policies of the Lula government, which seeks to intensify the production of biofuels as a crucial part of the strategy decarbonisation of the country. “This initiative reflects our commitment to the production of clean and renewable energy ”, highlighted Merchant Aloizio, president of BNDES.

Ethanol production will explode!

Thanks to the funding, the Vale do Pontal unit of CMAAlocated in West Limeira , you will see an increase in production of anhydrous ethanol from to 85 million liters per year, reaching 205 million liters per harvest. It's a true revolution in the sector!

In addition to ethanol, energy generation from biomass will also receive a huge boost. The capacity of the Vale do Pontal unit will be expanded to 68 MW, almost doubling the current production. With this, the total project, valued at R $ million 289,4, promises more than 500 new jobs in the region.

  • Reaction
  • Reaction
2 people reacted to this.
React to article
Registration
Notify
guest
0 Comments
Older
Last Most voted
Feedbacks
View all comments
Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

Share across apps
0
We would love your opinion on this subject, comment!x