Brasil BioFuels (BBF), the largest palm oil producer in Latin America, with operations also in thermoelectric generation and biodiesel in the Amazon region, will invest more than 5 billion reais over the next three years to advance in second-generation renewable fuels and also in green chemistry, in addition to corn ethanol, the company's CEO told Reuters. In April, BBF detailed an investment of around 2 billion reais in an advanced biofuels project from palm oil with a capacity of 500 million liters a year, aimed at fulfilling a contract with Vibra Energia.
