Cargill moves to take full control of SJC Bionergia
(Posted on 07/02/25)
Cargill continues to advance its growth strategy in the Brazilian market and reinforces its investment in renewable energy. The company signed the sales purchase agreement for a 50% stake in SJC Bionergia, which, added to the 50% already owned by Cargill, represents full control of the company.
“As Cargill celebrates 60 years of operations in Brazil, it continues to believe and invest in the country and in Brazilian agriculture. In recent years, we have invested more than R$6.8 billion in our operations and, if completed after due approval from regulatory bodies, have SJC as a company 100% controlled by Cargill is an important reinforcement of our growth strategy in renewable energy,” says Paulo Sousa, president of Cargill in Brazil.
SJC Bioenergia, which was founded in 2006 and, since 2011, has had Cargill as one of its partners, has 4,500 employees and has two agro-industrial units in the municipalities of Quirinópolis and Cachoeira Dourada, both in Goiás. The company processes sugar cane and corn, producing raw sugar, hydrated and anhydrous ethanol, corn oil and dried distillers’ grains (DDGs) with high protein content, in addition to generating electricity.
The transaction will be submitted to the Administrative Council for Economic Defense (CADE) and the closing of the operation is subject to approval by CADE and compliance with the conditions set forth in the contract.
Latest News
NGFA applauds reintroduction of HAULS Act
(Posted on 24/12/25)The National Grain and Feed Association (NGFA) has applauded Senator Deb. Fischer’s (R-Neb.) reintroduction... Read more
Anglo American and Teck receive approval for merger of equals
(Posted on 18/12/25)Anglo American plc and Teck Resources Limited have received regulatory approval from the Government... Read more
Rhodes Ridge $191m feasibility study on Pilbara iron ore mine
(Posted on 18/12/25)The Rhodes Ridge Joint Venture has approved a $191 million (A$294 million) (Rio Tinto share $96 million... Read more
Strong metals trading as Trafigura publishes annual results
(Posted on 09/12/25)Trafigura Group Pte Ltd, a global leader in the commodities industry, has announced its financial results... Read more
Rio Tinto’s Nuton technology produces first copper
(Posted on 09/12/25)Rio Tinto has successfully produced the first copper from the Johnson Camp mine in Arizona using its... Read more
US soy and Uzbekistan sign MoU to expand trade
(Posted on 02/12/25)The American Soybean Association’s World Initiative for Soy in Human Health programme and the... Read more
KNAC and Rio Tinto sign updated agreement
(Posted on 02/12/25)Karlka Nyiyaparli Aboriginal Corporation (KNAC) Registered Native Title Body Corporate and Rio Tinto... Read more
OCI Global announces sale of OCI Ammonia Holding to AGROFERT
(Posted on 02/12/25)OCI Global, a leading global producer and distributor of nitrogen products has announced that it has... Read more
Court of Appeal confirms permit for new steel plant in Luleå
(Posted on 24/11/25)In December 2024, SSAB was granted a permit by the Land and Environment Court at Umeå District... Read more
Simandou partners celebrate start of operations
(Posted on 15/11/25)The President of the Republic of Guinea has joined project partners WCS1, Baowu, Chinalco and Rio Tinto... Read more
