Norton Rose Fulbright, Lefosse Advise on Biofuels JV in Brazil

Norton Rose Fulbright and Lefosse Advogados have advised on a Brazilian bioenergy joint venture between oil heavyweight BP and agricultural giant Bunge, as major oil companies deepen their investments in ethanol.

The firms combined their Brazilian bioenergy and sugarcane ethanol businesses to create BP Bunge Bioenergia, the world’s second-largest operator by effective crushing capacity in the bioethanol market.

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