Raízen
Private | |
Industry | Energy |
Founded | 2010 |
Headquarters | São Paulo, Brazil |
Key people |
Luis Henrique Guimarães, (CEO) Rubens Ometto Silveira Mello, (Chairman) |
Products |
Ethanol Sugar Electric energy |
Revenue | 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
- ↑ http://www.ecoseed.org/business-article-list/article/1-business/10106-shell-cosan-launch-$12-billion-brazil-ethanol-venture-ra%C3%ADzen
- ↑ "Biodiversity Implications of a Sustainability Standard for Sugarcane: Report of the IUCN-convened expert group assessing biodiversity implications of Raízen's implementation of the Bonsucro Standard in Brazil" (PDF). Retrieved 2014-08-29.