SOURCE: Industrial Info Resources

Industrial Info Resources

February 23, 2011 06:10 ET

Brazil Becomes Home to $12 Billion Alternative Fuels Joint Venture, an Industrial Info News Alert

CORDOBA, ARGENTINA--(Marketwire - February 23, 2011) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands) and Cosan Limited (NYSE:CZZ) (Sao Paulo, Brazil) have created Raizen, a joint venture company in Brazil that combines most of Shell and Cosan's assets in the country. Cosan is the largest sugarcane-processing company in Brazil and is responsible for the crushing of 62 million tons of sugarcane per year.

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