
ODEBRECHT TO INVEST IN BRAZILIAN ETHANOL . . .
The Odebrecht Group (Rio de Janeiro, Brazil) has decided to invest in sugar and alcohol production with the objective of becoming one of the leaders in this market in ten years. This decision is part of an expansion and diversification program initiated by the company.
The group will get involved with production, logistics and commercialization of sugar and ethanol. “We have a well structured plan, so that on mid time, we will be in the top five producers of the area, being involved with new acquisitions or by the development of own business” said Ruy Sampaio, Investment Director of Odebrecht, “Our prime focus will be the Brazilian Market, as we know that one of the products, ethanol, attracts even more attention of the world, to be a green fuel”.