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Brazil Launches Corn-Based Ethanol Plant

Brazil Launches Corn-Based Ethanol PlantBrazil Launches Corn-Based Ethanol Plant

With a record corn crop in the silos, Brazilian company FS Bioenergia on Friday inaugurated the country's first ethanol plant processing only corn in the heartland of the South American grains powerhouse. President Michel Temer was joined at the inauguration by Agriculture Minister Blairo Maggi who pledged the government's support for corn-based ethanol—an innovation in a country that has long made ethanol more efficiently from sugarcane, Reuters reported. Privately owned FS Bioenergia said the plant will produce about 240 million liters of ethanol from corn each year, along with 6,200 tons of corn oil and 60,000 megawatts of power. The dignitaries on hand to celebrate the new plant in the state of Mato Grosso, Brazil's top grains producer, underscores how eager the country is to find new outlets for its surging corn production. "If we had 10 plants like this one, we would be able to absorb about 6 million tons of corn from the market," said Maggi.

 

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