Brazil’s Second Largest Biodiesel Plant Reopens After 8 Years Closed in Goiás

Olfar, The Second Largest Biodiesel Plant In Brazil Returns After Eight Years In GO

Being one of the largest plants in the southern part of the country (GO), Olfar has just taken a huge step in the biodiesel market. The company, which is of gaucho origin, is reactivating the biodiesel plant in Porangatu (GO) which has been inactive for about eight years. The authorization that allows the resumption of activities at the biodiesel plant located in Porangatu (GO) was published in the edition of the 11th, of the Official Gazette of the Union.

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Investment and Partnership for Development Between Olfar Plant and Government of GO

The group expanded its operations with the installation of the biodiesel plant in the city of Porangatu (GO), located in the far north of Goiás.

The biodiesel plant project was contemplated in two stages. The first stage is the biodiesel and glycerin plant. With a full production capacity of more than 1,800,000 liters of biodiesel per day, the plant began its operations in September of last year. In total, more than R$ 200 million were invested in the entire industrial complex.

Boosting The Development Of The Region

Close to the final phase of implementation, on Tuesday (07/28) of last year, the company received the visit of the Governor of the State, Ronaldo Caiado, at the Porangatu plant. On that occasion, the Governor signed the authorization granting tax incentives to Olfar. Considered a priority for the investment attraction program for Goiás, Olfar is the first industry to receive this incentive. The goal of Caiado’s government is to industrialize the most vulnerable regions of the state, enhancing development, job creation, income, and quality of life.

José Carlos Weschenfelder, President of Olfar, took the opportunity to emphasize that the installation of Olfar’s plant in Porangatu would stimulate the development of the entire region. “The project will bring to this entire northern region of the state a fantastic economic movement, promoting regional development of grain production and also generating jobs, both direct and indirect,” said the President.