Heavy Investment in Brazil of R$ 530 Million and Creation of 420 Jobs: Giant BP Bunge Announces Expansion of Plant, Increasing Sugarcane Milling Capacity and Ethanol Production

Written by Roberta Souza

Published on 10/08/2024 at 09:33

Foto: IA/BP

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The Expansion Will Result in the Creation of 420 New Direct and Indirect Jobs, Increasing the Total Number of Jobs at the Unit to 1,671, a Growth of 33%

BP Bunge Bioenergia has revealed a R$ 530 million investment for the expansion of its ethanol plant Pedro Afonso, located in Tocantins. With construction scheduled to begin in October 2024 and completion expected by July 2026, the project promises to significantly transform the unit’s capacity and local economic impact, according to Petronotícias.

Expansion of Crushing and Ethanol Production

The investment will allow the plant to increase its sugarcane crushing capacity from 2.6 million to 3.4 million tons per harvest, marking a growth of 30%. With this expansion, BP Bunge’s total crushing capacity will be increased from 32.4 million to 33.2 million tons, reinforcing the company’s position as one of the largest in the bioenergy sector.

Job Creation

The expansion will result in the creation of 420 new direct and indirect jobs, increasing the total number of jobs at the unit to 1,671, a growth of 33%. This increase will not only strengthen BP Bunge as one of the region’s main employers but also have a significant impact on the local economy. Currently, the plant employs 1,251 people, which accounts for about 47% of jobs in the area.

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Expansion of the Ethanol Plant

The expansion project covers several areas, especially in the agricultural sector. 6,000 new hectares of sugarcane will be planted, expanding the total planted area of the plant to 34,760 hectares, an increase of 20%. Additionally, about 20 new irrigation pivots will be installed, powered by renewable energy generated by the plant itself. This development also includes the expansion of the unit’s energy generation potential.

Another important aspect of the investment is the increase in ethanol production capacity, which will rise from 200 million to 280 million liters per harvest, representing a growth of 40%. This increase is crucial for BP Bunge as it aims to strengthen the company’s presence in the biofuels market and ensure continuous growth in the coming years.

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Heavy Investment in Brazil of R$ 530 Million and Creation of 420 Jobs: Giant BP Bunge Announces Expansion of Plant, Increasing Sugarcane Milling Capacity and Ethanol Production

The Expansion Will Result in the Creation of 420 New Direct and Indirect Jobs, Increasing the Total Number of Jobs at the Unit to 1,671, a Growth of 33%

Expansion of Crushing and Ethanol Production

Job Creation

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Heavy Investment in Brazil of R$ 530 Million and Creation of 420 Jobs: Giant BP Bunge Announces Expansion of Plant, Increasing Sugarcane Milling Capacity and Ethanol Production

The Expansion Will Result in the Creation of 420 New Direct and Indirect Jobs, Increasing the Total Number of Jobs at the Unit to 1,671, a Growth of 33%

Expansion of Crushing and Ethanol Production

Job Creation

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