TMO enters Brazilian ethanol market
UK-based second generation biofuels producer TMO Renewables is to supply a new Brazilian ethanol plant after signing long-term agreement.
The 25-year feedstock supply contract was signed with Usina Santa Maria Cerquilho, which is an associate of Copasucar, a large commercial Brazilian sugar and ethanol operation. UK prime minister David Cameron, who is visiting Brazil as part of a UK trade delegation, endorsed the agreement.
TMO will deliver the feedstock to support a new 10 million litre a year second generation ethanol refinery which will be built alongside an existing Cerquilho sugar mill.
‘This contract shows TMO is well on the way to developing its second generation ethanol technology in overseas markets, which will lead to rapid growth in the company and more jobs in UK technology,’ said TMO CEO David Weaver. ‘It was a pleasure to work with the Prime Minister and his team and benefit from their support too.’