FS Bioenergia to develop second corn ethanol plant in Brazil

By Erin Voegele | February 21, 2018

FS Bioenergia has announced plans to develop a second corn ethanol plant in Brazil. The proposed project is currently in the licensing stage. Once constructed, the facility is expected to have a nameplate capacity of 680 MMly (179.64 MMgy).

The project is expected to be located in Sorriso, Mato Grosso, Brazil, and will take an investment of R$ billion ($305.61 million) to develop. The project is expected to generate more than 1,500 direct and indirect jobs.

According to FS Bioenergia, the proposed facility will have the capacity to store 400,000 tons of corn. On an annual basis, the plant is expected to process 1.8 million tons of corn and produce 500,000 tons of corn bran and 20,000 tons of corn oil.

The project is also expected to include a cogeneration facility that will take in eucalyptus as fuel and generate 170,000 MWh per year, enough to power a city of about 70,000.

FS Bioenergia began commercial operations at its first Brazilian corn ethanol plant last year, and recently announced plans to expand the facility.

In October 2017, ICM Inc. announced the successful startup and commissioning of FS Bioenergia’s first plant, located in Mato Grosso, near the city of Lucas de Rio Verde. In January 2018, Summit Agricultural Group announced a $100 million expansion of the facility that is expected to more than double the facility’s nameplate capacity from 60 MMgy to 140 MMgy. The expansion project is expected to be complete during the first quarter of 2019.