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8.12.08
» BNDES finances ethanol plant in Vista
Alegre with R$ 132.3m
BNDES approved R$ 132.3m loan for the company Vista Alegre
Açúcar e Álcool Ltda to build a sugar and alcohol plant,
with total milling capacity of 2 million tons of sugarcane
per crop and 30 megawatts of co-generation of power, in
Maracaju (MS). Investments will create 1.5 thousand direct
jobs and 1 thousand indirect jobs.
As the plant will develop infrastructure and increase the
supply of basic services around it, the project will
contribute to the growth of local economy. Additionally, the
company will use local manpower, which will require training
and specific skills.
For the 2009/2011 crop, the plant will produce 90 thousand
cubic meters of fuel alcohol and 129 thousand tons of sugar.
It is also equipped with enough power to produce electricity
for the plant’s consumption, which will be 14 MW in the
first phase of the project.
The Bank’s support accounts for 61% of the project’s total
amount, of R$ 216.5m, and will be granted through a
consortium of banks controlled by Banco do Brasil.
The project is strategically located so it can deliver good
results for the project, due to the huge availability of
good-quality and fertile lands, good climatic conditions and
topography. The plant will be 9 kilometers away from the
urban perimeter of Vista Alegre and 320 kilometers from the
waterway of Bacia do Prata, in Porto Murtinho.
The industrial technology used to build the plant is
commonly used in the market by the most modern plants, using
brand new equipment.
The project will consider environmental control practices,
namely, control and supervision of agricultural practices,
emissions of gas and use state-of-the-art filters. The
company has also developed a program to cut down on burns,
by fostering mechanical cuts and harvests.
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