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Raizen To Invest BRL600 Million In Logistics - Report

SAO PAULO (Dow Jones)-Brazil-based sugar and ethanol company Raizen, the 50-50 joint venture formed last year by local sugar and ethanol group Cosan SA (CSAN3.BR) and Royal Dutch Shell PLC (RDSA), plans to invest 600 million Brazilian reais ($333 million) to improve its logistics structure, Valor Economico reported Thursday. The investment will be made through April 2013, the newspaper reported, quoting Raizen's vice president of logistics, Leonardo Gadotti Filho. Raizen officials weren't immediately available for comment. -By Rogerio Jelmayer, Dow Jones Newswires; 5511-3544-7071; rogerio.jelmayer@dowjones.com

Stock News for Cosan Limited Cl A (CZZ)
DateTimeHeadline
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12/06/201206:05:12Brazil's Cade Approves Raizen Creation
11/06/201203:26:34BG Group Completes $1.7 Billion Comgas Stake Sale
10/31/201216:22:15Brazil's Comgas Sees Industrial Volumes Up in 2013 After Fall...
09/26/201219:28:19Brazil's Raizen Sees Record Sugarcane Crop In 2013 - Executive
05/29/201207:36:14Brazil's Cosan, Camil To Merger Food Operations
05/29/201202:47:08BG Group Sells Entire 60.1% Stake In Comgas For $1.7 Billion
05/09/201216:22:21Brazil's Cosan Shares Rise On Planned Debt Sale
05/03/201202:47:55BG MOU With Cosan For Sale Of Its 60.1% Holding In Comgas For...
04/12/201210:04:54Brazil's Cosan In Talks With BG For Comgas Controlling Stake
04/12/201209:44:24BG Group Confirms Talks With Cosan Over Comgas Interest
03/21/201210:28:51Subpar Rainy Season Threatens Brazil's Sugarcane Crop
03/01/201207:40:13Brazil's Cosan To Acquire Comma From Exxon Mobil
02/22/201216:04:03SOFTS HIGHLIGHTS: Top Stories Of The Day

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