São Fernando Plant Will Receive 1 Billion Reais Investment in Mato Grosso do Sul to Produce Ethanol From Sugarcane and Corn

Written by Roberta Souza

Published on 26/05/2021 at 09:04

Usina São Fernando/ Fonte: Jornal da Cana

Be the first to react!

With Auction of São Fernando Plant, Located in Dourados, Mato Grosso do Sul, Millenium Holding Bioenergia Acquires the Project and Will Make Investments

Last Monday, Millenium Holding Bioenergia was declared the winner of the auction for the São Fernando plant, located in the city of Dourados, state of Mato Grosso do Sul. The company will pay R$ 351.6 million within 180 days following the court decision. The plant, which has been in judicial recovery and subsequent bankruptcy since 2013, will receive investments of around R$ 1 billion over two years to become a flex unit with the production of sugar and ethanol, from both sugarcane and corn. See also: R$ 400 million in investments is expected in a new ethanol and energy plant in Bahia. 8,000 job openings may be generated on-site

Acquisition of the São Fernando Plant in Mato Grosso do Sul

The plant, which will be renamed Millenium São Fernando Total Flex, was sold by the decision of the judge of the 5th Civil Court to Millenium Holding, the winning bidder for the acquisition of the former São Fernando Plant. Eduardo Lima, CEO of Millenium Holding, states that the next steps for the plant, in the state of Mato Grosso do Sul, are focused on assessing all the needs of the plant and the sugarcane field, so that they can implement the strategic plan.

Lima says the plan consists of Industry Reform (1 year) and Sugarcane Recomposition (5 to 7 years), a continuous action to immediately start the corn ethanol plant project, to process 500,000 tons per year of corn (1st phase) and to produce 600,000 liters per day of ethanol + DDGs + Food Grade Carbon Dioxide + Bio-oil + Energy.

ARTICLE CONTINUES BELOW

Payment for the Project That Will Produce Corn and Sugarcane Ethanol

Eduardo Lima states that the effective possession of the São Fernando Plant in Mato Grosso do Sul will occur as soon as the group makes the payment. He emphasizes that according to Millenium’s proposal and the judge’s decision, the company will have up to 180 days to make the payment; however, the goal is to complete the payment in half the time.

Since the beginning of the week, two specialists from Millenium have been at the plant in Mato Grosso do Sul, meeting with the RJ manager and the company’s upper management. Lima highlights that the specialists are conducting all kinds of assessments regarding the conditions of the existing sugarcane and what resources will be needed to process the existing sugarcane.

Expansion of the São Fernando Plant in Dourados, Mato Grosso do Sul

The São Fernando Plant is ready to produce sugar and ethanol, requiring only a few maintenance investments to start the 2021/22 harvest. Eduardo states that the actual capacity of the plant is 4.5 million tons per year, but its master plan foresees expansions of up to 9 million tons per year.

For the CEO of Millenium, agricultural partnership is one of the most valuable assets a plant can have. He states that they will work hard to regain the old and good partners the unit had, but they will not give up on planting part of their own sugarcane.

São Fernando Plant Will Receive 1 Billion Reais Investment in Mato Grosso do Sul to Produce Ethanol From Sugarcane and Corn

With Auction of São Fernando Plant, Located in Dourados, Mato Grosso do Sul, Millenium Holding Bioenergia Acquires the Project and Will Make Investments

Acquisition of the São Fernando Plant in Mato Grosso do Sul

Payment for the Project That Will Produce Corn and Sugarcane Ethanol

Expansion of the São Fernando Plant in Dourados, Mato Grosso do Sul

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

Brazil’s almost forgotten neighbor found oil at sea, attracted ExxonMobil and Chevron, became a billion-dollar bet in global energy, and now tries to answer if quick wealth also turns into real development.

Scientists simulate nuclear fireball in the laboratory and discover a surprise in the radioactive fallout by observing how cesium, uranium, and cerium change when they remain at high temperatures for a longer time.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Lightning vote in the Senate suspends rule on legal abortion in children, raises alarm at Conanda, and leads organizations to prepare a battle in the Supreme Federal Court against Congress’s decision.

The Earth’s magnetic pole has decided to “take a trip” towards Russia, getting closer and closer to Siberia, and forcing scientists to update the model used by GPS, airplanes, ships, and military systems worldwide.

São Fernando Plant Will Receive 1 Billion Reais Investment in Mato Grosso do Sul to Produce Ethanol From Sugarcane and Corn

With Auction of São Fernando Plant, Located in Dourados, Mato Grosso do Sul, Millenium Holding Bioenergia Acquires the Project and Will Make Investments

Acquisition of the São Fernando Plant in Mato Grosso do Sul

Payment for the Project That Will Produce Corn and Sugarcane Ethanol

Expansion of the São Fernando Plant in Dourados, Mato Grosso do Sul

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

SpaceX sets share price at $135 and targets a historic $75 billion IPO to debut on Nasdaq with a trillion-dollar market value

While the world rushes to mine lithium from Congo and Chile, Brazil sits on one of the largest reserves and has barely begun to explore.

Heir worked at thirteen in an ice cream factory without revealing he was the owner’s son; today, at twenty-five, he leads the best-selling ice cream brand for home consumption in the Northeast, grosses almost R$ 300 million, has 145 stores, and competes with multinationals with regional flavors.

Lock manufacturer from Rio Grande do Sul invests R$ 150 million to surpass R$ 1 billion in revenue, create 200 jobs, and double storage capacity, while choosing Santa Catarina to set up a new logistics center and speed up deliveries in Southern Brazil.

Brazil’s almost forgotten neighbor found oil at sea, attracted ExxonMobil and Chevron, became a billion-dollar bet in global energy, and now tries to answer if quick wealth also turns into real development.

Scientists simulate nuclear fireball in the laboratory and discover a surprise in the radioactive fallout by observing how cesium, uranium, and cerium change when they remain at high temperatures for a longer time.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Lightning vote in the Senate suspends rule on legal abortion in children, raises alarm at Conanda, and leads organizations to prepare a battle in the Supreme Federal Court against Congress’s decision.

The Earth’s magnetic pole has decided to “take a trip” towards Russia, getting closer and closer to Siberia, and forcing scientists to update the model used by GPS, airplanes, ships, and military systems worldwide.