Mitsubishi In 30-Year Ethanol Supply Deal With Brazilian Producer

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Mitsubishi In 30-Year Ethanol Supply Deal With Brazilian Producer

26 March 2007

Nikkei. Mitsubishi has signed a 30-year contract with Brazil’s Grupo Sao Martinho for the supply of ethanol.

The fuel supplied through the contract would be equivalent to roughly 15% of Japan’s total annual ethanol needs.

Mitsubishi will take a 10% equity stake in Usina Boa Vista, a subsidiary of Grupo Sao Martinho, thereby becoming the first Japanese company to invest directly in a Brazilian ethanol producer.

Posted on 26 March 2007 in Brief | Permalink | Comments (1)

Comments

Way to go!!!!

Posted by: Rick Guarneri | 24 May 2007 at 09:51 AM

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