BNDES grants investment to finance ethanol factory

BNDES grants investment to finance ethanol factory
BNDES grants investment to finance ethanol factory
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A financial contribution of R$729.7 million was granted by the National Bank for Economic and Social Development (BNDES) to Be8, the country’s main company in the biodiesel sector. This financing aims to build an ethanol and bran factory in Passo Fundo, Rio Grande do Sul, through the processing of cereals such as wheat, triticale and corn, among others. Of the total amount, R$500 million comes from the BNDES Mais Inovação Program.

The new plant will be versatile, capable of producing anhydrous ethanol, used as an additive to gasoline, or hydrated for direct consumption. With a production capacity of 209 million liters per year, the factory corresponds to 20% of the demand in Rio Grande do Sul, which currently imports the product from other states. The enterprise will process 525 thousand tons of cereals annually to produce ethanol and bran.

Aloizio Mercadante, president of BNDES, highlighted Brazil’s fundamental role in the energy transition, especially in the biofuels sector. He noted that BNDES has contributed significantly to industrial innovation, aiming to make it more sustainable and environmentally friendly.

BNDES

José Luis Gordon, director of Productive Development, Innovation and Foreign Trade at BNDES, assessed that the project incorporates several elements of President Lula’s new industrial policy, including the national production of biofuels, the use of new raw materials and the reduction of emissions of pollutants. The project also involves the reuse of waste and the elimination of liquid effluents.

Erasmo Carlos Batistella, president of Be8, emphasized the importance of financing the BNDES Mais Inovação Program, recognizing it as support for an innovative and bold investment. He highlighted that the initiative will not only increase the supply of bran for animal protein production chains, but will also boost investments in genetic technology for the production of specific wheat for ethanol feedstock.

The project foresees the creation of approximately 220 direct jobs in the operational phase, after the completion of the work, and around 700 jobs during the implementation of the program, prioritizing the hiring of local labor and providing specialized training for the maintenance and operation of the unit. .

In addition, the factory will have self-production of electricity through cogeneration from biomass, with surplus energy being made available in the municipality’s distribution network. The project also foresees the use of liquid effluents to produce steam in the manufacturing process, thus eliminating any harmful release into the environment.

(With Agência Brasil).

The article is in Portuguese

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