GranBio Begins Production of Cellulosic Ethanol at Brazil Plant

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GranBio Investimentos SA, a Brazilian biotechnology company, began production at a cellulosic ethanol plant in Brazil’s northeastern state of Alagoas.

The Bioflex 1 plantBloomberg Terminal has capacity to produce 82 million liters (22 million gallons) of ethanol a year from sugarcane waste, the closely held Sao Paulo-based company said in a conference call yesterday.