Shell Joins With Cosan In $12B Brazil Ethanol Project

By Erin Marie Daly ( February 1, 2010, 6:43 PM EST) -- Shell International Petroleum Co. Ltd. has unveiled plans to form a $12 billion joint venture with Brazilian sugar and biofuel giant Cosan SA Industria e Comercio, a move the oil conglomerate says will result in the formation of one of the world's largest ethanol producers. . . .

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