Sugarcane

Cosan Jumps After Shifting More Debt to Raizen Venture With Shell

Jun 2nd, 2011
by John Donovan.
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By Lucia Kassai and Andrew Herndon – Jun 2, 2011 8:38 PM GMT+0100

Cosan SA Industria & Comercio rose the most in a week after it transferring $3.3 billion in debt to a joint venture with Royal Dutch Shell Plc (RDSA), more than previously announced.

Cosan rose 93 Brazilian centavos, or 4 percent, to 24.06 reais at 4:34 p.m. in Sao Paulo trading, the most since May 25. Shell’s Class A shares fell 1.7 percent in London to close at 2,122 pence.

Cosan shifted about 5.24 billion reais ($3.3 billion) in net debt to the Raizen venture, the Barra Bonita, Brazil-based company said today in a regulatory filing. That’s more than the $2.8 billion in debt it said in August that would transfer to the new company, which was formally created today. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, the Independent Shell Archive, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All conjured up by internet wizz, Nick Gill.

Death threat from Shell supplier on Brazilian tribe’s land

May 31st, 2011
by John Donovan.
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Energy giant Shell’s joint venture partner, Cosan, is buying sugarcane grown on Guarani land. © João Ripper/Survival

A Brazilian rancher supplying sugarcane to a joint venture partner of energy giant Shell has reportedly issued a death threat against a political opponent.?? José Teixeira, who is also a state deputy, is said to have recently warned a political rival that, ‘If it were up to me, you’d be under the ground.’

Teixeira is renting out part of his ranch for sugarcane production, even though the Government has confirmed that the land belongs to Guarani Indians.

Shell and Brazilian ethanol company Cosan are now united in a $12 billion joint venture company called Raizen, to produce ethanol to sell as a biofuel. Cosan is buying sugarcane grown on Guarani land that Teixeira continues to occupy. Survival has urged Shell and Cosan to stop using sugarcane grown on the Guarani’s land, but the companies continue to use it. read more

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, the Independent Shell Archive, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All conjured up by internet wizz, Nick Gill.