BP plans to take over full ownership of the Brazilian biofuel joint venture company Tropical BioEnergia. BP currently holds 50% of the venture, with Maeda SA Agroindustrial and LDC-SEV Bioenergia each holding 25%. The acquisition is valued at US$71m. Following completion of the deal, subject to regulatory approval and agreed closing Subscribe to Automotive World … Continued
BP plans to take over full ownership of the Brazilian biofuel joint venture company Tropical BioEnergia. BP currently holds 50% of the venture, with Maeda SA Agroindustrial and LDC-SEV Bioenergia each holding 25%. The acquisition is valued at US$71m.
Following completion of the deal, subject to regulatory approval and agreed closing
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https://www.automotiveworld.com/articles/89305-brazil-bp-takes-full-ownership-of-ethanol-jv/
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