INVESTMENT NEWS&IDEAS

Shell as well as Cosan Strike A Sweet Deal by Tony Daltorio, Investment U Research Friday, Feb 5, 2010 With a newly voiced partnership with Cosan ADR (NYSE: CZZ ), a world’s third largest sugarine producer, Royal Dutch Shell (NYSE: RDS.A ) has taken a bigger step in to biofuels than any oil vital has ever attempted. The $12 billion corner try in to ethanol includes about 75% of Cosan’s assets, together with a sugarcane estimate mills, co-generation energy plants, ethanol trade association as well as 2 billion liters of annual ethanol prolongation capacity, that only happens to be a second largest volume in a world. In return, Shell will compensate $1.62 billion for a half-stake in Cosan’s core item base, contributing an one more 2,740 gas stations as well as alternative fuel placement resources in Brazil. Those measures pledge carry out of 4,500 stations in a Latin-American nation as well as creates Shell-Cosan a third largest fuel distributor. So even yet alternative challenging oil companies similar to BP PLC (NYSE: BP ) as well as Petrobras, as well as line trade companies similar to Bunge (NYSE: BG ) have already ventured in to a Brazilian ethanol industry, Shell as well as Cosan still have copiousness of room to flower as well as profit.

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Shell as well as Cosan Strike A Sweet Deal