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The greenfield plant will have the capacity to crush 4.5 million metric tons of sugarcane by 2009, according to the release.
Brazil is the world's leading sugarcane-based ethanol producer, as well as the world's leading sugar producer.
Company Web site: http://www.ldcommodities.com.br
-By Fabiola Ferreira, Dow Jones Newswires; 55-11-6847-4541; brazil@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=N79umasaHv1AJRef%2BSFKWA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
08-11-08 1839ET
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