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Companies announce a joint venture to build a corn ethanol plant with an investment of R$1,1 billion. The plant will have the capacity to process 605 thousand tons of corn per year, generating 261 million liters of ethanol. The initiative promises to boost the biofuels sector in Brazil.
When it comes to innovations in the biofuels industry, the Brazil always appears as the protagonist, especially when it comes to ethanol. And, in this new onslaught, Mato Grosso, the largest corn producer in the country, will be the setting for one of the most ambitious initiatives in the sector.
Caramuru Alimentos, one of the giants of Brazilian agribusiness, together with Bioenergia Celeiro do Norte (Biocen), revealed plans to build a corn ethanol plant, promising to transform the panorama of renewable energy production in Brazil.
With an initial investment that exceeds the R$1 billion mark, the expectation is that this project will redefine the market and generate significant impacts on the local economy.
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Caramuru and Biocen: a strategic union to lead the market
In an announcement made on Tuesday (20), Caramuru Alimentos and Biocen officially created a joint venture, combining their expertise for the construction and operation of a corn grinding plant in Nova Ubiratã, in Mato Grosso.
With an financial contribution of R$ 1,1 billion, this new industrial unit aims to consolidate the position of the two companies in the biofuels sector.
According to Caramuru, the choice of location is due to the strategic relevance of Mato Grosso, which is responsible for almost 39% of corn production in Brazil.
The region also has the largest cattle herd in the country, in addition to significant pig and poultry farming, which favors the integration of production chains.
Production capacity and technological innovation in the new plant
The new plant, which is expected to begin operations at the end of the first half of 2026, will have an impressive initial capacity: 605 thousand tons of corn processed annually.
This will result in the production of approximately 261 million liters of corn ethanol per year. In addition, the plant will also produce 12 thousand tons of corn oil and 175 thousand tons of dry bran (DDGS) each year, valuable by-products for the food and agricultural industries.
This project, according to industry sources, is seen as one of the main bets for the future of renewable energy in Brazil, given the growing demand for biofuels in the global market.
Challenges and future prospects
Although the project is ambitious, it is not without challenges. Caramuru highlighted that the completion of the transaction is subject to certain suspensive conditions, common in transactions of this size.
The company hired the renowned firm Mattos Filho to act as legal advisor, while Biocen has the support of ABC Brasil and RGSH Advogados.
These partnerships will be essential to ensure that all legal and regulatory aspects are complied with, allowing the project to move forward without any major hitches.
With the success of this venture, Mato Grosso can consolidate itself as the main corn ethanol production hub in Brazil, boosting the local economy and generating thousands of direct and indirect jobs.
More than that, the new plant could serve as a model for future initiatives in the biofuels sector, not only in Brazil, but also in other countries that seek sustainable alternatives for energy production.
The future of renewable energy in Brazil
Faced with investments of this magnitude, it is clear that Brazil has everything it needs to become a global reference in renewable energy.
Expanding ethanol production, especially from corn, could be key to reducing dependence on fossil fuels and promoting more sustainable economic development.
The question that remains is: will other companies follow the example of Caramuru and Biocen, investing in new technologies to transform the energy sector in Brazil?
