August 24, 2017 / 7:55 PM / 2 years ago

Brazil's Raízen interested in ethanol mill owned by India's Shree Renuka -sources

SAO PAULO, Aug 24 (Reuters) - Brazil’s Raízen Energia SA is interested in bidding for an ethanol mill owned by the Brazilian subsidiary of India’s sugar producer Shree Renuka Sugars Ltd , which will be auctioned in early September, two sources with knowledge of the matter said.

Raízen, which is a Brazilian joint venture between Cosan SA Industria e Comércio and Royal Dutch Shell, made a late request to join the auction and would have to receive a special authorization from creditors to bid, the sources said, asking to remain anonymous as they are not authorized to discuss the matter publicly. (Reporting by José Roberto Gomes and Tatiana Bautzer)

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