LDC Bioenergia invests in eight ethanol plant

By | October 06, 2008
LDC Bioenergia, the ethanol business unit of Louis Dreyfus Commodities, has invested $433 million in a new sugar mill and ethanol production plant in Brazil. The facility will have the capacity to refine more than 42 MMgy of ethanol and 340,000 tons of sugar. It is being built in the state of Mato Grosso do Sul, which shares borders with Bolivia and Paraguay. The plant is Louis Dreyfus' eighth ethanol and sugar facility in Brazil and its third in Mato Grosso do Sul. Louis Dreyfus Commodities is one of the top three sugar merchandisers and traders in the world.