Raízen

Raizen S.A.
Private
Industry Energy
Founded 2010
Headquarters São Paulo, Brazil
Key people
Vasco Dias, (CEO)
Rubens Ometto Silveira Mello, (Chairman)
Products Ethanol
Sugar
Electric energy
Revenue Increase US$ 25.6 billion (2012/2013)
Number of employees
40,000
Parent Cosan
Royal Dutch Shell
Website www.raizen.com

Raízen is the third largest Brazilian energy company by revenue and the fifth largest in Brazil. The company is a joint-venture formed in 2010 from the merger of the assets of sugar, fuel and ethanol derived from sugar from Cosan and Royal Dutch Shell in Brazil. The company has a market value of approximately US$15 Billion and a revenue of about US$26 billion.[1]

Raízen has a network of 4,500 fuel stations under the Shell brand, more than 500 convenience stores and an ethanol production of over 2.2 billion US gallons (8,300,000 m3), the company also has 23 plants, inherited from Cosan, with crushing capacity of sugar cane 62 million tonnes per year and has 900 megawatts of installed capacity of electric power production from sugarcane bagasse. In the fuel area, the joint venture will market approximately 20 billion liters for the segments of transport, industry and its network of 4,500 fuel stations. It aims to certify just under 1 million hectares of affiliated sugarcane production area under the Bonsucro sustainability standard by 2020.[2]

References

This article is issued from Wikipedia - version of the Wednesday, September 03, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.