Raizen estimated increase its ethanol exports


Raizen, joit-venture between Cosan and Shell, ended the season 2012/13 with export of 1 billion liters of biofuel, equivalent to 30% of the total volume exported by the Brazilian market, the newspaper Valor Economico reported.

According to the article, most of Raizen’s ethanol exports were destined to the United States and the company is confident in U.S. demand also for 2013/14, with expected growth of 8% and 10% in shipments to this country.

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