Raizen

Raizen is the sugar and ethanol joint venture of Brazilian sector player Cosan (SAO:CSAN3) and Anglo- Dutch oil major Shell (AMS:RDSA, LON:RDSA). Based from the merger of Shell and Cosan, Raízen is now the Brazil’s fifth largest company in terms of billable revenues and the nation’s leading manufacturer of sugarcane ethanol, with production of about 2 billion litres of biofuel per year. This activity also includes the production of 4 million tonnes of sugar and the sale of 1.5 million MWh of electricity annually. In the fuels distribution segment, Raízen has a broad presence in Brazil with 4,700 Shell service stations, 54 airports and 58 terminals.