Brazil Lucas do Rio Verde municipality to get USD-100m maize, sorghum ethanol plant
Dec 21, 2012 - Brazil's municipality of Lucas do Rio Verde, in the central-western Mato Grosso state, will receive a USD 100-million (EUR 75.5m) ethanol producing plant, which will use maize and sorghum as raw materials, the municipality's mayor Marino Franz announced.
The construction is seen to start in the second half of 2013, according to the plant's feasibility studies which are in advanced stage, Franz said. According to the studies, when operational, the plant will initially be able to process 8 million bags of maizе and to produce 190 million litres (41.1m gallons) of ethanol via dried distillers grain (DDG) process.
When launched, this plant will be the second in Mato Grosso to extract ethanol from maize and sorghum, after the facility in Campo Novo dos Parecis which started test operations this year.
In the last crop year, Lucas do Rio Verde harvested 1 million tonnes of maize, the bulk of which was exported to Asia and Europe.
(USD 1 = EUR 0.757)