SHELL-COSAN JV APPROVED.

On 4 January, the European Commission authorised the creation of a joint venture between Shell Brazil Holding B.V. belonging to Shell Group of the UK and Cosan S.A. Industria e Comercio of Brazil for the production, distribution and sale of sugar, ethanol and related products. Shell is a global group of energy and petrochemical companies. Cosan is primarily active in Brazil in the manufacturing and trading of sugar and ethanol, the co-generation of electricity from sugarcane, the distribution of fuels, and the production and distribution of lubricants in Brazil. The proposed...

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