One of Brazil’s biggest ethanol producers, FS Bioenergia, has advanced to the next phase of its carbon capture project, which is projected to cost approximately 460 million reais (US$82.2m).
This move positions the company to deliver what it claims will be the world’s first negative carbon-emission ethanol, marking a milestone in sustainable fuel production.
The company, with backing from US-based Summit AG Advisors LLC, announced plans on Tuesday to invest an additional 350 million reais ($62.5m) for equipment procurement and the implementation of carbon capture technology.
... to continue reading you must be subscribed
