Greenergy International and Bauche Group in joint venture
Greenergy International is to join forces with sugarcane player Bauche Group, to form Greenergy Brazil.
With over 15% share of the road fuel market, Greenergy is one of the largest suppliers of bioethanol to the UK.
The aim of this partnership is to source and sell sustainable Brazilian bioethanol.
Based in Brazil, this new business will not only reduce the cost of bioethanol and strengthen Greenergy’s profitable dealings with Brazilian manufacturers, but will also ensure Greenergy’s role as the principal inland provider to the UK and the rest of Europe.
CEO of Greenergy, Andrew Owens, says: ‘Greenergy Brazil secures our presence in a territory recognised for its leadership in the delivery of low carbon intensity high quality bioethanol. We now have outstanding access to significant volumes of pre-certified product that meets and exceeds RTFO and RED sustainability requirements and are ideally placed to capitalise on growing demand for RED compliant product in Europe.’
With over 15% share of the road fuel market, Greenergy is one of the largest suppliers of bioethanol to the UK.
The aim of this partnership is to source and sell sustainable Brazilian bioethanol.
Based in Brazil, this new business will not only reduce the cost of bioethanol and strengthen Greenergy’s profitable dealings with Brazilian manufacturers, but will also ensure Greenergy’s role as the principal inland provider to the UK and the rest of Europe.
CEO of Greenergy, Andrew Owens, says: ‘Greenergy Brazil secures our presence in a territory recognised for its leadership in the delivery of low carbon intensity high quality bioethanol. We now have outstanding access to significant volumes of pre-certified product that meets and exceeds RTFO and RED sustainability requirements and are ideally placed to capitalise on growing demand for RED compliant product in Europe.’
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