Projected annual output is expected to reach up to 12 million litres of hydrated ethanol.
Members including ADM, Bunge, Cargill, Cofco and Louis Dreyfus Company, later confirmed in a statement that it had initiated talks to exit the agreement.
With the addition of the new 1,600 TPD capacity to the existing 600 TPD facility, Marata Group’s total installed flour milling capacity will reach 2.200 TPD.
The soybean meal supplied under the agreement has an estimated carbon footprint between 40% and 70% lower than the Brazilian average.
The certification verifies that soybeans processed at the facility carry a low risk of indirect land use change (LUC).