IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.33% USD/MXN17.40▼ 0.08% USD/CLP935.09▼ 0.07% USD/COP3,200▼ 1.71% USD/PEN3.40▲ 0.09% USD/ARS1,478▲ 0.02% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.89% BRENT 94.31 ▲ 3.63% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.19% GOLD 4,152 ▲ 1.99% SILVER 60.52 ▲ 2.86% SOY 1,235 ▲ 1.27% CORN 484.50 ▲ 7.01% WHEAT 704.25 ▲ 3.87% COFFEE 317.85 ▼ 4.25% SUGAR 14.84 ▼ 0.27% ORANGE JUICE 146.65 ▲ 1.98% COTTON 80.43 ▲ 1.86% COCOA 5,355 ▼ 4.49% BEEF 219.73 ▼ 3.07% CATTLE 337.38 ▼ 3.48% LITHIUM 69.49 ▲ 0.59% PETR4 42.63 ▲ 2.33% VALE3 74.27 ▲ 2.81% ITUB4 42.53 — 0.00% BBDC4 18.64 ▲ 0.49% ABEV3 16.09 ▲ 1.84% BBAS3 20.84 ▼ 0.19% B3SA3 15.55 ▲ 2.50% WEGE3 46.43 ▲ 9.32% PRIO3 59.60 ▲ 2.44% SUZB3 42.25 ▲ 1.49% RENT3 36.84 ▲ 0.79% AZZA3 17.51 ▲ 0.17% CSAN3 3.88 ▲ 2.65% RAIZ4 0.28 ▲ 3.70% PCAR3 2.68 ▼ 1.83% GMAT3 3.86 ▲ 0.78% PSSA3 54.60 ▲ 2.09% CVCB3 1.24 ▲ 10.71% POSI3 3.70 ▲ 0.54% SLCE3 13.88 ▲ 0.95% NATU3 8.78 ▲ 0.80% BRKM5 6.08 ▲ 6.48% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.87 ▲ 5.20% USIM5 8.57 ▲ 1.30% GGBR4 23.71 ▲ 0.94% ENEV3 25.58 ▲ 0.63% CPFE3 46.58 ▲ 0.39% CMIG4 11.10 ▲ 0.73% EQTL3 38.95 ▲ 0.31% LREN3 13.51 ▲ 1.81% VIVT3 35.86 ▲ 0.17% RAIL3 13.56 ▲ 2.42% KLABIN 17.87 ▲ 1.59% RAIA DROGASIL 18.06 ▼ 0.39% RDOR3 33.93 ▲ 0.03% HAPV3 11.47 ▲ 2.05% FLRY3 16.66 ▲ 0.66% SMTO3 16.04 ▲ 2.95% UGPA3 32.36 ▲ 1.70% VBBR3 34.45 ▲ 1.47% BBSE3 41.95 ▲ 0.96% BPAC11 56.06 ▲ 1.25% CURY3 30.12 ▲ 0.57% AERI3 2.06 ▲ 0.98% VIVARA 21.34 ▼ 0.33% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.71 ▼ 1.84% ASAI3 8.40 ▲ 1.82% SBSP3 28.95 ▲ 1.22% WALMEX 49.39 ▲ 0.49% GMEXICO 212.01 ▲ 1.45% FEMSA 229.96 ▲ 1.42% 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1.99% SILVER 60.52 ▲ 2.86% SOY 1,235 ▲ 1.27% CORN 484.50 ▲ 7.01% WHEAT 704.25 ▲ 3.87% COFFEE 317.85 ▼ 4.25% SUGAR 14.84 ▼ 0.27% ORANGE JUICE 146.65 ▲ 1.98% COTTON 80.43 ▲ 1.86% COCOA 5,355 ▼ 4.49% BEEF 219.73 ▼ 3.07% CATTLE 337.38 ▼ 3.48% LITHIUM 69.49 ▲ 0.59% PETR4 42.63 ▲ 2.33% VALE3 74.27 ▲ 2.81% ITUB4 42.53 — 0.00% BBDC4 18.64 ▲ 0.49% ABEV3 16.09 ▲ 1.84% BBAS3 20.84 ▼ 0.19% B3SA3 15.55 ▲ 2.50% WEGE3 46.43 ▲ 9.32% PRIO3 59.60 ▲ 2.44% SUZB3 42.25 ▲ 1.49% RENT3 36.84 ▲ 0.79% AZZA3 17.51 ▲ 0.17% CSAN3 3.88 ▲ 2.65% RAIZ4 0.28 ▲ 3.70% PCAR3 2.68 ▼ 1.83% GMAT3 3.86 ▲ 0.78% PSSA3 54.60 ▲ 2.09% CVCB3 1.24 ▲ 10.71% POSI3 3.70 ▲ 0.54% SLCE3 13.88 ▲ 0.95% NATU3 8.78 ▲ 0.80% BRKM5 6.08 ▲ 6.48% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.87 ▲ 5.20% USIM5 8.57 ▲ 1.30% GGBR4 23.71 ▲ 0.94% ENEV3 25.58 ▲ 0.63% CPFE3 46.58 ▲ 0.39% CMIG4 11.10 ▲ 0.73% EQTL3 38.95 ▲ 0.31% LREN3 13.51 ▲ 1.81% VIVT3 35.86 ▲ 0.17% RAIL3 13.56 ▲ 2.42% KLABIN 17.87 ▲ 1.59% RAIA DROGASIL 18.06 ▼ 0.39% RDOR3 33.93 ▲ 0.03% HAPV3 11.47 ▲ 2.05% FLRY3 16.66 ▲ 0.66% SMTO3 16.04 ▲ 2.95% UGPA3 32.36 ▲ 1.70% VBBR3 34.45 ▲ 1.47% BBSE3 41.95 ▲ 0.96% BPAC11 56.06 ▲ 1.25% CURY3 30.12 ▲ 0.57% AERI3 2.06 ▲ 0.98% VIVARA 21.34 ▼ 0.33% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.71 ▼ 1.84% ASAI3 8.40 ▲ 1.82% SBSP3 28.95 ▲ 1.22% WALMEX 49.39 ▲ 0.49% GMEXICO 212.01 ▲ 1.45% FEMSA 229.96 ▲ 1.42% CEMEX 22.38 ▲ 1.40% GFNORTE 188.00 ▲ 1.18% BIMBO 60.20 ▲ 1.36% TELEVISA 9.89 ▲ 1.33% AMX 22.68 ▼ 0.35% GAP 379.64 ▲ 0.30% ASUR 272.39 ▼ 0.93% OMA 230.97 ▲ 2.08% KOF 184.24 ▲ 2.09% GRUMA 282.16 ▼ 0.16% KIMBER 38.99 ▲ 1.54% SQM-B 66,000 ▲ 2.26% COPEC 6,400 ▼ 0.78% BSANTANDER 79.39 ▲ 0.48% FALABELLA 5,905 ▼ 0.23% ENELAM 84.35 ▼ 0.21% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.02 ▲ 0.01% LATAM AIR 24.05 ▼ 0.62% YPF 81,900 ▲ 1.58% GGAL 8,175 ▲ 2.64% PAMPA 5,510 ▲ 0.64% TXAR 677.50 ▼ 0.22% ALUAR 978.50 ▲ 0.57% TGS 9,840 ▲ 1.34% CEPU 2,345 ▲ 0.21% MIRGOR 16,925 ▲ 0.89% COME 43.03 ▲ 0.37% LOMA NEGRA 3,620 ▲ 0.42% BYMA 296.00 ▲ 1.28% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.91 ▲ 2.30% BANCOLOMBIA 84.35 ▲ 0.85% GRUPO AVAL 5.04 ▼ 0.94% CREDICORP 389.33 ▼ 0.45% SOUTHERN COPPER 190.13 ▲ 1.13% BUENAVENTURA 32.68 ▲ 4.56% MERCADOLIBRE 1,807 ▼ 0.87% NUBANK 14.03 ▼ 2.54% XP 17.08 ▲ 1.34% PAGSEGURO 9.50 ▼ 0.84% STONE 11.19 ▼ 0.58% GLOBANT 31.98 ▼ 0.37% TECNOGLASS 45.85 ▲ 1.55% GAP AIRPORT 218.81 ▲ 0.52% ASUR 272.39 ▼ 0.93% OMA AIRPORT 106.10 ▲ 1.79% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.45 ▲ 1.61% CEMEX ADR 12.82 ▲ 0.91% PETROBRAS ADR 19.05 ▲ 2.72% VALE ADR 14.64 ▲ 2.74% ITAU ADR 8.39 ▼ 0.12% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.16 ▲ 1.45% CSN 1.06 ▲ 5.50% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.03 ▼ 1.05% BTC 65,685 ▼ 1.23% ETH 1,929 ▲ 0.04% SOL 77.69 ▼ 0.54% XRP 1.14 ▼ 0.24% BNB 570.60 ▼ 0.52% ADA 0.17 ▲ 0.72% DOGE 0.07 ▼ 0.81% AVAX 6.55 ▼ 0.17% LINK 8.64 ▼ 0.06% DOT 0.84 ▼ 1.04% LTC 46.70 ▼ 0.25% BCH 219.93 ▼ 1.68% TRX 0.33 ▼ 0.48% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.28% NEAR 1.88 ▼ 2.74% ATOM 1.46 ▼ 1.49% AAVE 97.00 ▲ 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Wednesday, July 22, 2026

Brazil Business - Brazil

Brazil’s Inpasa Launches World’s Largest Corn Ethanol Plant

By · October 8, 2024 · 2 min read

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Inpasa, Brazil’s leading corn ethanol producer, has unveiled its expanded biorefinery in Sinop, Mato Grosso. The company claims this facility now stands as the world’s largest grain-based biofuel production plant.

This development marks a significant step for Brazil’s biofuel industry and strengthens its position in renewable energy production. The Sinop plant can produce 2.1 billion liters of ethanol annually, processing 4.6 million tons of corn each year.

Inpasa invested R$4.1 billion (about $820 million) in this expansion. The facility also generates 1 million tons of DDGs, 105,000 tons of corn oil, and 804.1 GWh of bioelectricity.

Built in 2019, the Sinop complex has undergone several expansion phases. The latest addition includes two new production stages now in operation.

This announcement coincides with President Luiz Inácio Lula da Silva signing the “Fuel of the Future” bill, promoting sustainable energy solutions in Brazil.

Brazil's Inpasa Launches World's Largest Corn Ethanol Plant
Brazil’s Inpasa Launches World’s Largest Corn Ethanol Plant. (Photo Internet reproduction)
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Brazil’s ethanol industry has traditionally relied on sugarcane, but corn ethanol production has grown rapidly. Experts predict corn ethanol will make up about 20% of Brazil’s total ethanol output this harvest season.

This marks a significant shift in the country’s biofuel landscape. Inpasa started in Paraguay in 2008 and now operates five plants across Brazil and Paraguay, with two more under construction.

Brazil’s Corn Ethanol Expansion and Environmental Strategy

In September 2023, the company announced plans to invest 1.2 billion reais in a new ethanol plant in Bahia state. The rise of corn ethanol production aligns with Brazil’s environmental goals, helping reduce greenhouse gas emissions.

The Sinop plant uses about 10% of Mato Grosso state’s corn production, utilizing second-crop corn that might otherwise go to waste. This growing industry creates new economic opportunities, particularly in Brazil’s agricultural regions.

The “Fuel of the Future” bill supports this growth, aiming to increase sustainable fuel production and use in Brazil. It promotes higher ethanol blending in gasoline and encourages the development of sustainable aviation fuel.

Inpasa’s Sinop expansion showcases Brazil’s potential in sustainable energy production, balancing economic growth with environmental responsibility.

In short, as global demand for renewable fuels rises, Brazil’s corn ethanol industry is well-positioned to play a crucial role in the international market for sustainable energy solutions.

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