Brazil: Raizen to expedite expansion plan on second-generation ethanol plants

Sao Paulo: Raizen SA, a Brazilian Energy Company, is planning to speed up the expansion of second-generation ethanol plants, said executives on Wednesday.

The development comes two weeks after the firm approved the investment of 2 billion reais to build two 2G ethanol plants through a joint venture between Cosan SA and Shell to expand its portfolio on renewable fuel.

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