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Raízen S.A. is the third largest Brazilian energy company by revenue and the fifth largest in Brazil. The company is a joint-venture formed in 2010 from the merger of the assets of sugar, fuel and ethanol derived from Cosan and 
Raízen has a network of 7,000+ fuel stations under the Shell brand spread throughout Brazil and Argentina, more than 1,000 convenience stores and an ethanol production of over . After merging with Biosev, the company now has 35 ESB (ethanol, sugar, and bioenergy) plants, with a total crushing capacity of 105 million tonnes of sugar cane per year, while also boasting 3000 megawatts of installed electric power capacity produced from sugarcane biomass (
Royal Dutch Shell
Shell plc is a British multinational oil and gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New ...
in Brazil
Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...
. The company has a market value of approximately US$0.8Billion in Set-24. Its revenue of about US$45.5 billion in the 2023/2024 harvest year.
Raízen has a network of 7,000+ fuel stations under the Shell brand spread throughout Brazil and Argentina, more than 1,000 convenience stores and an ethanol production of over . After merging with Biosev, the company now has 35 ESB (ethanol, sugar, and bioenergy) plants, with a total crushing capacity of 105 million tonnes of sugar cane per year, while also boasting 3000 megawatts of installed electric power capacity produced from sugarcane biomass (bagasse
Bagasse ( ) is the dry pulpy fibrous material that remains after crushing sugarcane or sorghum stalks to extract their juice. It is used as a biofuel for the production of heat, energy, and electricity, and in the manufacture of pulp and building ...
). Many of these plants were inherited from Cosan at the creation of the joint-venture, while several others were acquired from competitors as part of an expansion strategy. In the fuel trade business, Raízen trades approximately 31 billion liters per year in both B2B (mainly the transportation and industrial sectors) and B2C segments (through its network of 7,000+ fuel stations across Brazil and Argentina). It aimed to certify just under 1 million hectares of affiliated sugarcane production area under the Bonsucro sustainability standard by 2020.
In November 2019, Mexican multinational company FEMSA
Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA, is a Mexican multinational beverage and retail company headquartered in Monterrey, Mexico. It operates the largest independent Coca-Cola bottling group in the world and the la ...
finalized a joint venture agreement with Raízen Conveniências, the retail division of Raízen, to acquire a 50% stake in the latter company, partly also to introduce the Oxxo convenience store chain (the largest in Mexico) into Brazil.
In June 2021, Raízen officially registered for an IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
with Brazilian securities regulator CVM. In August, the company raised US$1.3 billion, making it Latin America’s biggest IPO.
References
{{DEFAULTSORT:Raizen Biofuel producers of Brazil Companies based in São Paulo Alcohol fuel producers Ethanol fuel Shell plc 2021 initial public offerings