Given its environmental benefits, sugar-based ethanol has the potential to be a global industry. That is why Royal Dutch Shell has set up a $12 billion joint venture with Cosan, Brazil's biggest sugar and ethanol producer. The new venture, signed on August 25th, combines the two companies' service stations in Brazil, totalling 4,500. Shell is also contributing $1.6 billion in cash and its stakes in biofuel-research companies, while Cosan is putting in its 23 sugar mills, including Costa Pinto.

基于1个网页-相关网页