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New biorefinery will have a mega billion-dollar investment and almost 3 THOUSAND new jobs to revolutionize the Brazilian state

Written by Alisson Ficher
Published 15/09/2024 às 11:04

Inpasa announces new biorefinery, with an investment of R$1,2 billion. The plant promises to generate thousands of jobs and revolutionize ethanol production in the state.

A Brazilian city is about to be the stage for an economic revolution, with the arrival of a gigantic project that promises to create almost 3 jobs and boost the local economy.

But this is just the beginning of a story that involves high technology, innovation in agribusiness and a company that is consolidating itself as a leader in the production of corn ethanol in Latin America.

The Inpasa, the largest producer of corn ethanol on the continent, recently announced the installation of its eighth biorefinery, marking a new chapter for the city of Luís Eduardo Magalhães, in Bahia.

According to the company, the project will be essential not only to boost agricultural production in the region, but also to consolidate the city as a reference in technology and sustainability.

Large-scale economic impact

According to Inpasa, the new biorefinery will have estimated investment of R$ 1,2 billion, with a forecast to process 1 million tons of grain annually.

This will result in the production of 460 million liters of ethanol per year, And 230 thousand tons of high protein bran (DDGS), 23 thousand tons of vegetable oil and an impressive generation of 200 GWh per year of electrical energy.

These numbers are significant, but the economic impact goes much further. The construction of the unit will generate 2,5 thousand direct jobs during the work, in addition to more 450 permanent jobs as soon as the biorefinery starts operating.

The city of Luís Eduardo Magalhães, which is already an important agricultural hub, will see a substantial change in its economy, which will become even more robust with the movement of more than 10 thousand loads e 200 direct suppliers involved in the project.

Inpasa's expansion in Brazil and Latin America

Founded in Paraguay in 2008, Inpasa quickly stood out in the renewable energy market, becoming the largest producer of corn ethanol in Latin America.

With two units in Paraguay and five operating in Brazil, the company already has the capacity to process 12 million tons of grain, producing 5 billion liters of ethanol per year, in addition to other by-products.

This expansion reflects confidence in the biofuels market, which has been gaining more and more space, especially in times of search for cleaner energy sources.

The three plants operating in Brazil are located in Mato Grosso (Sinop and Nova Mutum) and in Mato Grosso do Sul (Golden).

In addition, Inpasa is building two more units, one in Sidrolandia, in Mato Grosso do Sul, and another in Rafts, in Maranhão, which together should further increase their production capacity.

Challenges and goals of the new unit in Bahia

Despite the impressive numbers, the company highlights some challenges for implementing the new unit in Luís Eduardo Magalhães.

According to an official statement, the main points include: development of second crop corn and sorghum crops, encouraging the use of vegetable proteins and strengthening the biomass supply chain.

Another key point is encouraging ethanol consumption in the state of Bahia, which will be essential for the project to reach its full potential.

Inpasa also intends to foster the development of the local supply chain, ensuring that the biorefinery brings benefits not only to the city, but to the entire surrounding region.

Technology and sustainability

Inpasa's new plant in Bahia will not only be an economic milestone, but also an example of how technology and sustainability can go hand in hand.

As explained by Inpasa's vice president, Rafael Ranzolin, in an interview with AgFeed, the company has been constantly investing in the development of technologies that allow for a more efficient and cleaner production.

The energy generated by the biorefinery, for example, will be exported to the electricity grid, contributing to the development of renewable energy in the country.

Another highlight of the plant is the production of by-products such as high protein bran (DDGS) used in animal feed, which ensures that the unit makes the most of the inputs, reducing waste and generating new business for the agricultural sector.

A long-term project

Construction of the new unit in Luís Eduardo Magalhães is scheduled to begin in 2026, and the expectation is that it will already bring significant results from the start of its operation.

The company, which has already invested billions in other regions, reaffirms its commitment to sustainable development and creating value for the communities where it operates.

The new Inpasa unit will undoubtedly be a turning point for Bahia. Could this business model be replicated in other regions of Brazil? Or is Bahia the ideal place for Inpasa to continue its successful trajectory?

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Alisson Ficher

Journalist graduated since 2017 and working in the field since 2015, with six years of experience in printed magazines and more than 12 thousand online publications. Specialist in politics, jobs, economics, courses, among other topics. If you have any questions, want to report an error or suggest an agenda on the topics covered on the site, please contact us by email: alisson.hficher@outlook.com. We do not accept resumes!

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